Business
UAE allocates $5 million to support UNRWA's Gaza reconstruction efforts
04 Feb 2024
H.H Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE has allocated US$5 million in aid towards the reconstruction of Gaza.
The financial aid will support the efforts of Ms. Sigrid Kaag, the United Nations Senior Humanitarian and Reconstruction Coordinator for Gaza.
The announcement comes after H.H Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, met with Sigrid on Friday to discuss the worsening humanitarian crisis in Gaza and ways to alleviate the... Read More
WegoPro to launch in Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait and Egypt
31 Jan 2024
Wego, the largest online travel marketplace in the MENA region, announces the launch of WegoPro, a modern platform that simplifies business travel and expense management for companies globally.
Formerly known as Travelstop, WegoPro will debut today in 7 key markets in the MENA region, including Saudi Arabia, UAE, Qatar, Bahrain, Oman, Kuwait, and Egypt. The rebranding follows Wego's acquisition of Travelstop in September 2023, reinforcing Wego’s commitment to offer comprehensive... Read More
Nakheel hosts sporting elite at Dubai Globe Soccer Awards
26 Jan 2024
Nakheel, the world-leading master developer, concluded a successful partnership event with the Dubai Globe Soccer Awards 2023. The award ceremony, held at the Atlantis The Palm, was organised in collaboration with the Dubai Sports Council and presented awards based on over 70 million votes cast by the public for their favourite global soccer stars, setting the stage for intense competition among the sport’s most elite athletes.
The star-studded ceremony was attended by His Highness... Read More
Louvre Abu Dhabi announces the winner of the Richard Mille Art Prize
25 Jan 2024
Louvre Abu Dhabi and Richard Mille revealed Nabla Yahya as the winner of the third edition of the Richard Mille Art Prize at an exclusive ceremony that took place at Louvre Abu Dhabi on 24 January.
Yahya was one of eight artists shortlisted to showcase her work, SoftBank, in the Louvre Abu Dhabi Art Here 2023 exhibition, which opened to the public in November 2023. The artist accepted her award and prize of USD $60,000 at the ceremony.
Abu Dhabi-born Nabla Yahya is a... Read More
Ounass and Dolce&Gabbana evoke a story of love and hospitality
24 Jan 2024
The epicenter and spiritual core of Atlantis The Royal, Cloud 22 is an iconic sky pool with sweeping views over The Palm Islands, the Arabian Sea and Dubai’s captivating skyline. In collaboration with Ounass, Dolce&Gabbana presents an Italian-inspired experience at Cloud 22, that evokes a story of love and hospitality, of devotion to beauty, and the art of living the everyday life.
Dolce&Gabbana employs its iconic blue majolica print to adorn Cloud 22,... Read More
Dubai Duty Free receives two global traveler awards
18 Jan 2024
Dubai Duty Free received two top awards at the 20th anniversary edition of the Global Traveler – GT Tested Reader Survey Awards with the “Best Duty-Free Shopping in the World” for the seventeenth consecutive year and the “Best Duty-Free Shopping in the Middle East” for the fifth time, at the awards ceremony held in December at The Langham Huntington, Pasadena, California.
Voted by the readers of Global Traveler, the monthly and AAM-audited magazine written exclusively for frequent,... Read More
A Russian Tourist wins AED 25,000 cash prize at Mercato DSF's 29th edition
17 Jan 2024
Mercato Shopping Mall is delighted to announce the fortunate winner of the Dubai Shopping Festival's 29th edition draw held last week – a Russian tourist who has won a cash prize of AED 25,000.
The tourist, Natalia Podolskaia, expressed her joy at winning and shared her enthusiasm for her Dubai experience, particularly highlighting her shopping adventures at Mercato and Town Centre Jumeirah during the festival. Natalia Podolskaia, the lucky winner, commented, "The irresistible... Read More
World's tallest residential clocktower unveiled in Dubai Marina
09 Jan 2024
UAE’s premium real estate developer London Gate and Franck Muller, the Swiss luxury watch manufacturer, hosted an event to unveil the iconic Franck Muller Aeternitas – the world’s tallest branded residential clocktower.
Rising to a height of 450 meters and standing tall at 106 floors, the project has a sales value of Dh2 billion. With pricing starting at Dh1.6 million, London Gate introduces a flexible payment plan with a reasonable 40/60 structure. Aside from this, London Gate will... Read More
Dubai's largest penthouse goes on sale for AED 600 million
04 Jan 2024
A three-story super penthouse with more than 77,000 square feet at Raffles the Palm Dubai Residences has listed for AED 600 million (US$164 million).
Located on Palm Jumeirah, the penthouse is the largest private residence “in Dubai’s real estate history,” according to a news release Wednesday from Emerald Palace Group, which owns the Raffles the Palm Dubai.
“Transcending the ordinary, this remarkable penthouse seeks to provide an exceptional lifestyle that seamlessly combines... Read More
Gold prices fall slightly in Dubai; is it a good time to buy?
03 Jan 2024
Gold prices dipped slightly in the UAE on Wednesday morning but the 24K variant of the precious metal still stayed at Dh250 level at the opening of the markets.
According to Dubai Jewellery Group data, the 24K slipped Dh0.25 to Dh250.0 per gram while 22K, 21K and 18K opened at Dh231.5, Dh224.0 and Dh192.0 per per gram, respectively, on Wednesday.
Spot gold was up 0.21 per cent at $2,063.98 per ounce, as of 9.15 am UAE time. The prices retreated moderately late on Tuesday,... Read More
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