The UAE’s updated media law, which took effect on May 29, 2025, introduces stringent penalties for unlicensed media activities, including fines that can reach up to AED1 million. This legislation emphasizes that both individuals and institutions must secure permits from the UAE Media Council for various media-related activities, including social media advertisements. The law outlines...
Applications for full scholarships in Saudi Arabia are now open for 265 Filipinos, as announced by the Riyadh embassy in Manila on Wednesday. This initiative aims to provide educational opportunities for Filipino students both in Saudi Arabia and abroad, including those currently residing in the Philippines. Saudi Ambassador Faisal Ebraheem Alghamdi stated that the “Study...
Nettlestone Capital Advisors has officially launched its operations at the Dubai International Financial Centre (DIFC). The firm is fully authorized and regulated by the Dubai Financial Services Authority (DFSA) and aims to connect specialist investment managers with institutional capital throughout the Middle East. Founded by Edwin Lawrence, who has over two decades of experience in...
Agility Global, a company listed in Abu Dhabi and a subsidiary of Agility Public Warehousing Company, has secured a $500 million credit facility. This financial agreement is aimed at supporting the company’s ongoing operations and facilitating future growth. The credit facility has a maturity period of three years from the signing date, which is set...
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Marcelo Rebelo de Sousa of Portugal on the occasion of the country’s National Day. This gesture highlights the strong diplomatic ties between the UAE and Portugal. Credit: UAE Ministry of Foreign Affairs In his message, Sheikh Mohamed expressed...
Moscow is making significant progress in establishing itself as a premier destination for tourists from the UAE. The city has set an ambitious goal to attract over 50 million visitors each year by 2030, focusing on enhancing its tourism connections with the UAE, which is considered a key market in the Middle East. This partnership...
The United Arab Emirates (UAE) is actively pursuing ambitious goals in artificial intelligence (AI) that reflect its strategic vision for the future. This vision presents a scenario where innovation and intelligence are seamlessly integrated into daily life, making AI not just a tool but a foundational societal operating system. The UAE aims to achieve this...
Dutco and Sweid & Sweid have officially launched Terralogix, which is now recognized as Dubai’s largest privately-owned logistics park. This development is part of the emirate’s strategy to position itself among the world’s top five Grade-A logistics hubs. Spanning 3.3 million square feet, Terralogix is strategically located in Warsan, Northern Dubai, and is set to...
Dubai Media City and Dubai Science Park will showcase their innovation pathways at Viva Technology (VivaTech), Europe’s largest start-up and tech event, scheduled to take place in Paris from June 11 to June 14, 2025. This year’s event will focus on several thematic areas, including sustainability, climate and mobility, health and longevity, as well as...
Dubai’s real estate market is undergoing a significant transformation, with tokenisation gaining traction. In May alone, property sales processed through blockchain-based platforms exceeded $399 million, which represents 17.4% of the total real estate transactions for the month. This shift towards digitised ownership models highlights a growing trend in the market. The developments in Dubai’s real...