The Dubai Civil Court has mandated that the manager of a general trading company pay Dhs731,696 from his personal funds, along with 5% interest until complete payment is made. This decision follows his failure to provide the company’s comprehensive financial statements, which obstructed the execution…
Mubadala Capital has recently integrated a $25 billion credit portfolio from Mubadala Investment Company into its global platform. This development is accompanied by a $4.65 billion investment aimed at expanding its private credit business, thereby enhancing the UAE-based company’s footprint in the global credit and…
A seven-year-old Indian expatriate died after falling from the third floor of a residential building in Sharjah’s Al Nabba area on Monday, her family said.The girl, Safa Mubarak, was a Grade 2 pupil at a school in Ajman. She was the only child of her…
CBA Real Estate has completed an Dhs14.925 million transaction at Bulgari Resort & Residences Dubai, achieving approximately Dhs 9,282 per sq. ft. and placing the deal among the development’s standout price-per-square-foot transactions.The transaction adds to CBA Real Estate’s growing position as a premium brokerage with…
The UAE insurance sector continued its strong growth in 2025, recording improvements across most key performance indicators, driven by higher gross written premiums, paid claims, technical provisions and total assets, reflecting the sector’s strength and its growing role in supporting the country’s financial and economic…
The journalistic and media community in the UAE is mourning the loss of Obaid Humaid Al Mazrouei, a trailblazer in the fields of journalism, media, thought, and literature. As the founder and editor-in-chief of “Al Fajr,” an esteemed Emirati newspaper, he passed away this morning,…
The ‘Dubai Weddings’ initiative continues to expand as a comprehensive and sustainable community model supporting the stability of Emirati families.Since its launch in early 2024 as a service facilitating wedding celebrations for Emirati citizens, the initiative has evolved into a broad and integrated institutional programme…
Dubai Chambers has highlighted the continued expansion of economic ties between Dubai and India, driven by growing trade and investment flows and increasing cooperation in future-focused sectors.Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, discussed the strength of bilateral relations during a panel…
The Sharjah Roads and Transport Authority (SRTA) has announced the temporary closure of Ali Bin Abi Talib Street, stretching from Hayawa Square to Literary Council Square in Khorfakkan’s Al Bardi 4 area. This closure is part of ongoing road maintenance and upgrade projects aimed at…
The Emirati Talent Competitiveness Council (ETCC), through its “Nafis” programme, has announced updates to its policies following the extension of the programme to 2040. These updates involve a gradual increase in monthly financial support for UAE nationals with bachelor’s degrees who earn over Dhs20,000 in…