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Aldar, Mubadala acquire 'The Link' at Masdar City for AED 654 million
BusinessAbu Dhabi: Aldar and Mubadala Investment Company (Mubadala) have completed the acquisition of The Link at Masdar City through their joint venture established in 2024. Valued at AED 654 million, the transaction marks a further step in scaling a high‑quality, income‑generating portfolio within one of
UK regulator investigates Telegram over child sexual abuse concerns
NewsLondon: Britain 's communications regulator on Tuesday launched an investigation into Telegram after evidence suggested child sexual abuse material was being shared on the platform and teen chat sites were being used by predators to groom children. The watchdog, Ofcom, said it had also opened i
Mohammed bin Rashid approves AED3b plan for Dubai beach development
UAEDubai: His Highness Sheikh Mohammed bin Rashid, Vice-President and Prime Minister of Dubai has approved AED 3billion plan to enhance beach capacity by 170%. "As part of our program to make Dubai the best city to live in the world by 2040 .. we adopted some time ago the Dubai plan to develop beaches
UK accelerates clean energy to protect against fossil fuel price shocks
NewsLondon: Britain set out plans to weaken the link between its cost of electricity and volatile gas prices on Tuesday, saying it would seek to force older renewable energy generators onto fixed contracts in a bid to bring down consumer bills. Britain has some of the highest electricity prices in
UAE President receives Ruler of Ras Al Khaimah and Crown Prince
UAEAbu Dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan received His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, accompanied by His Highness Sheikh Mohammed bin Saud bin Saqr Al Qasimi, Crown Prince of Ras Al Khaimah. During the meet
DIEZ reports 19.4% increase in revenue and 17.8% rise in net profit in 2025
BusinessDubai: The Dubai Integrated Economic Zones Authority (DIEZ) announced strong annual results for 2025, reporting a 19.4% increase in revenue and a 17.8% rise in net profit compared to 2024. These results underscore the resilience of its operating model and the strength of its integrated economic eco
UAE: A beacon of peace in the face of blatant aggression
OpinionFebruary 28, 2026. Iran launched its first wave of attacks using missiles and drones on the UAE, after the US and Israel attacked them. There was initial disbelief in the UAE - and a sense of hurt that outweighed the shock. A neighbouring country had launched blatant attacks on civilian installati
Why Dubai created VARA, a purpose‑built regulator for virtual assets
BusinessDubai: When many regulatory frameworks globally were attempting to fit virtual assets into legacy rules designed for physical and traditional financial assets, Dubai chose a different path. The emirate established a separate entity dedicated solely to overseeing this emerging sector: the Virtual As
Gold, silver prices drop on firmer dollar
BusinessNew York: Gold and silver prices retreated on Tuesday as a rallying US dollar dampened demand for bullion, with gold continuing its descent from a multi-day low hit in the previous session. Spot gold fell 0.2% to $4,807.91 per ounce by 02:17 GMT, extending a downward trend after touching its lowest
UAE medical fitness test for residence visa: Requirements, costs, documents and locations
UAEIf you have started the process for your family’s UAE residence visa application, there’s an important step that’s coming up: a medical fitness test. Any family member above the age of 18 years will need to undergo a medical fitness test, as per UAE law. But what exactly is it, and how can you appl
How Dubai is supporting small businesses
UAEInspired by the UAE Central Bank’s Financial Institution Resilience Package , and Dubai government’s Dh1 billion relief package , new initiatives around the UAE are buoying small businesses, ensuring they transition smoothly from recovery to long-term growth. Free retail spaces for entrepreneurs Si
Top 5 ways SMEs can take advantage of the Dubai’s economic relief package
UAEHis Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved a Dh1 billion stimulus package to boost its private sector. The focus is on supporting hotels, tra
FBI Director Kash Patel sues The Atlantic for article that alleged excessive drinking
WorldFBI Director Kash Patel hit The Atlantic magazine with a $250 million defamation lawsuit on Monday, claiming an article that talked about mismanagement at the agency and his alleged excessive drinking was false and a "malicious hit piece." The Atlantic said it stood by its reporting and would vigor
Iran, Israel expansionist projects fuel regional tension, says Arab League Chief
NewsCairo: Ahmed Aboul Gheit, Secretary-General of the Arab League, stated that Iran and Israel pursue projects of regional hegemony that constitute primary causes of instability. He noted that the Arab region has faced two major threats in its contemporary history: the first from Israel since its occu
John Ternus: Apple's new CEO brings product perfectionism to the AI age
BusinessTo understand how Apple 's new CEO John Ternus will run the company, pay attention to what he refuses to sell. While software rivals at Microsoft and Google are spending hundreds of billions to push artificial intelligence into every corner of their businesses, the man set to lead one of the world