Magellan Capital, the DFSA-regulated investment manager, today announces the launch of Magellan Asset Backed Opportunities Fund OEIC Limited (“the Fund”), the first-of-its-kind incorporated in Dubai International Financial Centre and registered with the DFSA as a Domestic Fund. The Fund is the first institutional open-ended vehicle to invest in asset-backed facilities across the GCC and Europe, […]

A study by the global brand valuation consultancy Brand Finance spotlights the strategic role of Digital Dubai in reinforcing Dubai’s position among the world’s most powerful place brands, ranking fifth globally with a brand value of nearly AED1 trillion. The study highlighted Digital Dubai as one of the key contributors to this achievement, attributing approximately […]

Dubai’s Roads and Transport Authority (RTA) has completed 30% of the 14.5 km dedicated Bus and Taxi Lanes Project, which is being implemented across 6 key streets: Sheikh Sabah Al Ahmad Al Jaber Al Sabah Street, 2nd December Street, Al Satwa Street, Al Nahda Street, Omar Bin Al Khattab Street, and Naif Street. Upon completion, […]