Modon has introduced Wadeem, its first release of residential plots on Hudayriyat Island, providing buyers with the chance to design and construct their own homes in Abu Dhabi. This development is situated opposite Abu Dhabi’s Al Bateen area and is notable for being the first new land offering in such proximity to the city in...
Aldar, a company listed on the Abu Dhabi stock exchange, has made a significant investment of 530 million UAE dirhams (approximately $144 million) to acquire logistics assets located in the Al Dhafra region of the UAE capital. This strategic move aims to enhance Aldar’s logistics portfolio in a growing industrial area. The newly acquired assets,...
In a significant development timed with the Islamic New Year, Saudi Arabia has launched a 30-day grace period for individuals holding expired visit visas. This policy, which became effective on June 26, 2025, allows visitors to rectify their visa status and leave the Kingdom without incurring penalties. The grace period is applicable to all types...
The House of Wisdom in Sharjah is set to launch its summer camps this July and August, offering a fresh experience that combines fun and knowledge. Following last year’s notable success and exceptional turnout, the camps will feature three interactive sessions aimed at developing participants’ skills in various fields, including technology, arts, and creative thinking,...
The United Arab Emirates (UAE) emerged as Japan’s primary supplier of crude oil in May 2025, delivering a significant 30.42 million barrels. This amount accounted for 40.8% of Japan’s total crude oil imports for the month, highlighting the UAE’s crucial role in Tokyo’s energy supply. According to official reports, this strong performance in oil exports...
Joby Aviation (JOBY) shares surged nearly 20% following the air taxi company’s announcement of successfully completing a series of piloted electric Vertical Takeoff and Landing (eVTOL) flights in Dubai. This positive development signals a significant step forward for the company in its journey toward commercial operations. According to a press release from Joby Aviation, the...
The Federal Youth Authority (FYA) has launched the “Youth Social Missions Programme” to prepare Emirati youth for their involvement in UAE-led social missions worldwide. This initiative, which encompasses humanitarian, developmental, and cultural missions, aims to cultivate specialized national cadres through training programs that promote social responsibility among the youth of the UAE. The programme aligns...
Hut 8 (NASDAQ:HUT) has officially registered to open a new office in Dubai, which is becoming a favored location for the cryptocurrency industry due to its favorable business taxation and regulatory environment. This strategic move aims to improve the company’s capital strategy, according to a report by Bloomberg News. CEO Asher Genoot stated in an...
The Dubai Culture and Arts Authority has announced an open call for participation in the 14th Sikka Art and Design Festival. This year’s festival will take place under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Dubai Culture and Arts Authority, from January 23 to February 1...
Egypt’s economy expanded by 4.77 percent in the third quarter of the fiscal year 2024/2025, marking its fastest growth in three years. This increase comes as growth rebounded in key sectors including non-oil manufacturing, tourism, and telecommunications, according to official data released by the Ministry of Planning, Economic Development, and International Cooperation. The preliminary figures...