Enabling more innovation in the mobility sector was the focus of the first ‘Future of Mobility’ Conference organised in partnership with the Clean Energy Business Council, at the new Renault R-Store on Sheikh Zayed Road in Dubai. Arabian Automobiles, the flagship company of the AW Rostamani Group and the exclusive dealer for Renault in Dubai, […]

Bollywood Parks™ Dubai, the premier Bollywood-themed park, part of Dubai Parks and Resorts, the largest integrated theme park destination in the region, is turning up the heat this summer with unbeatable offers for guests from now until September. Visitors can discover the magic of Bollywood with this exclusive offer on one-day park tickets. A combination […]

Dubai Culture & Arts Authority (Dubai Culture) is preparing to launch ‘Summer Heroes,’ a humanitarian community initiative that aims to honour labourers who provide general services at Dubai Culture head office, its facilities, and Dubai Design District, such as cleaning, security, and others, in appreciation of their valuable efforts and active roles in serving the […]

Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has entered a strategic partnership with National Bonds Corporation, a restructured investment company, to launch a first-of-its- kind initiative in the UAE that allows customers to purchase Shari’ah-compliant investment products using credit cards. Starting 15 August 2019, the new scheme enables Noor Bank credit […]

The Dubai Financial Services Authority (DFSA) has today imposed financial penalties of USD 299,300,000 (AED 1,098,431,000) and USD 15,275,925 (AED 56,062,645) on Abraaj Investment Management Limited (AIML) and Abraaj Capital Limited (ACLD), respectively. The DFSA investigation, which commenced in ـJanuary 2018, was complex and spanned multiple jurisdictions, and found that AIML, a Cayman Islands company […]

The Dubai-based property developer World of Wonders Real Estate Development (WOW RED) is adopting an array of innovative sales methods in a bid to provide a distinguished offering in the emirate’s real estate sector. With a portfolio of domestic and international projects in the pipeline, including the US$550 million SLS Dubai Hotel & Residences, executives […]

Passenger traffic at Dubai World Central (DWC) surged to 1.2 million during the first half of 2019, compared to 517,813 during the same period in 2018. The increase follows the transfer of some flights by a number of airlines during the closure of Dubai International’s (DXB) southern runway for rehabilitation from April 16 to May 30. […]