Dubai is rapidly gaining recognition as the ultimate wealth hub in the Middle East, attracting millionaires and billionaires from regions such as Saudi Arabia, Qatar, Europe, Asia, and Africa. With its luxurious lifestyle, favorable business environment, and attractive tax perks, the city has positioned itself as a magnet for high-net-worth individuals seeking economic opportunities. As...
The United Arab Emirates’ state-owned aluminum producer, Emirates Global Aluminium (EGA), expects that price volatility for aluminum will persist throughout this year due to ongoing global trade tensions. The impact of U.S. tariffs on metal imports is significant, as President Donald Trump has imposed extensive tariffs, and the UAE stands as the second-largest supplier of...
Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, received a phone call yesterday from Shavkat Mirziyoyev, President of Uzbekistan. During their conversation, they exchanged greetings in celebration of the holy month of Ramadan, praying for blessings and prosperity for their nations, their peoples, and the wider Islamic community. The leaders also explored various...
The Awqaf and Minors Affairs Foundation in Dubai has announced a collaboration with Al Jalila Foundation, the charitable arm of Dubai Health Authority, to create a sustainable charity endowment. This initiative aims to support the treatment of patients at Hamdan bin Rashid Cancer Hospital, with a total investment of AED 38.5 million. The project aligns...
Sheikh Muhammad bin Zayed Al Nahyan, the President of the United Arab Emirates, sent a congratulatory message to Daram Gookul, the President of the Republic of Mauritius, on the occasion of his country’s Independence Day. This gesture reflects the strong diplomatic ties and mutual respect between the two nations. In addition, Sheikh Muhammad bin Rashid...
The CEO of the Abu Dhabi National Oil Company (ADNOC), Sultan Al Jaber, announced that ADNOC’s international investment arm, XRG, plans to make a significant investment in U.S. natural gas over the coming months. This announcement was made during a major gathering of energy executives in Houston, where Al Jaber emphasized the need to “make...
Emirates has partnered with Parsys Telemedicine to launch a groundbreaking inflight telemedicine station designed to enhance medical care for passengers during flights. This pioneering equipment will allow passengers to receive high-quality medical consultations while traveling, significantly improving the inflight healthcare experience. The new telemedicine station will feature advanced technology that connects passengers with medical professionals...
Chinese startup Butterfly Effect has introduced a new AI tool named Manus, which was released last week and is already creating excitement in the tech industry. This powerful AI assistant is expected to follow the success of DeepSeek, which earlier this year made a significant impact with its advanced chatbot capabilities. Manus is described as...
The United Arab Emirates has conveyed its solidarity with Argentina in the wake of catastrophic floods that resulted in numerous fatalities and extensive material damage. At least 16 people have lost their lives, and approximately 100 individuals are reported missing after the southeastern region of Argentina experienced unprecedented rainfall of 400mm (15.7 inches) within just...
The United Arab Emirates has approved a six-year investment plan aimed at enhancing the country’s economic resilience in the face of unpredictable international markets and politicized trade policies. This strategic move is designed to bolster the nation’s ability to navigate global economic challenges while fostering growth and stability. The investment plan will channel resources into...