Elon Musk’s AI company, xAI, has acquired the social media platform X in an all-stock deal worth $33 billion. The transaction, which includes $12 billion in debt, aims to merge AI research with social ...

As Ramadan nears its end, the UAE is making final preparations for Eid Al Fitr, one of the most important occasions in the Islamic calendar. To mark the beginning of the festivities, mosques and open ...

Abu Dhabi’s Mubadala Investment Company has injected new capital into the US alternative real estate commercial lender 3650 as part of a recent funding round. This round of funding also included a ...

Alef Education Holding Plc (Alef Education) has successfully concluded its inaugural Annual General Meeting (AGM). Shareholders endorsed the Board of Directors’ report on the Company’s activities and ...

Abu Dhabi has announced housing benefits worth AED 6.75B to support 4,356 citizens across the emirate, coinciding with the Eid Al Fitr celebrations. As the Ruler of Abu Dhabi, President Sheikh Mohamed ...

As part of its commitment to enhancing global competitiveness and promoting community well-being, the Real Estate Regulatory Agency (RERA), a subsidiary of Dubai Land Department (DLD), launched the ...

Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM), where the Board of Directors reviewed the company’s financial performance for 2024 and discussed its future growth ...

The Central Bank of the United Arab Emirates (CBUAE) has fined five banks and two insurance firms AED 2,621,000 for failing to follow international reporting regulations. These penalties result from ...

Being an inspiration to many people, Marwa Al Mansoori is reinventing entrepreneurship and pushing the limits of traditional business. She is dedicated to pursuing optimal growth and sustainability ...

Abu Dhabi’s office and industrial property markets are experiencing strong growth, with rental rates rising due to increasing demand, regulatory changes, and active development, according to Savills ...

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Dubai-based digital technology company VEON Ltd. has successfully secured a $210 million syndicated loan with a two-year tenure. A consortium of lenders, including ICBC Standard Bank and several ...