Mashreq commits up to $10mln investment in fintech ‘Cashew’

Mashreq Bank, one of the leading financial institutions in the Middle East, has committed up to $10 million in Cashew, the innovative fintech leader providing buy now pay later (BNPL) services to consumers in the UAE and KSA. As part of the strategic investment, Mashreq will integrate Cashew Payment as an option on the acquiring […]

Sofitel Abu Dhabi Corniche offers fun-filled Eid breaks

Sofitel Abu Dhabi Corniche has unveiled fun-filled family Eid getaway, offering an opportunity to gather loved ones and experience a vacation of a lifetime with a touch of French elegance at the 5-star hotel. Perfect for a family-friendly getaway, indulge in the ‘Yas Experience’ starting at AED700 ($190.5). A dreamy family escape where you can […]

Brokerage firm to sell Dubai’s first ‘digital mansions’

A Dubai-based brokerage firm is making its foray into the non-fungible token (NFT) space with a new project that is expected to entice investors to put their money in luxury properties created in the metaverse. Union Square House (USH) said it will launch the first “virtual mansions” in the Middle East and North Africa (MENA) […]

Dubai’s Kerzner takes over management of Bab Al Shams desert resort

Kerzner International has announced that it has assumed management of Bab Al Shams, one of the emirate’s best-known desert resorts, and that the resort will be refurbished and reopened under its new Rare Finds brand. Dubai-headquartered Kerzner, which operates The Atlantis Resorts and Residences, as well the One&Only Resorts, announced today that it had assumed […]

Ramadan in UAE: Ajman Police distribute food supplies to families of 316 inmates

Ajman Police on Sunday distributed Ramadan and Eid supplies to families of 316 inmates as part of its efforts to support and enhance their quality of life. Lt-Col Muhammad Mubarak Al Ghafli, Director of the Punitive and Reformatory Establishments (PRE) at Ajman Police, said the force is undertaking efforts to implement initiatives and programmes in […]

PROJECTS: Samana Developers breaks ground for Park Views project in Arjan

Dubai-based Samana Developers announced on Monday that it has broken ground for 130 million UAE dirham ($35 million) Park Views project in Arjan. The project’s ground-breaking ceremony was attended by Samana Group’s Chairman Muhammad Farooq, Group Chief Executive Officer Imran Farooq; Director Kamran Farooq and General Manager Dalya Lebbihi, the developer said in a press […]

Gross UAE banks’ assets rise to $905bln

Gross assets of banks in the UAE, including bankers’ acceptances, increased by 0.8 per cent to Dh3.322 trillion at the end of December 2021 from Dh3.295 trillion at the end of November 2021, the Central Bank of the UAE (CBUAE), said. Gross credit increased by 0.3 per cent to Dh1.794 trillion from Dh1.788.3 trillion during […]

Sheikh Mohamed bin Zayed visits Egypt for talks with El Sisi and King Abdullah of Jordan

His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, President of Egypt, Abdel Fattah el-Sisi, and King Abdullah II bin Al Hussein of Jordan, discussed today in Cairo cementing the fraternal relations and various aspects of cooperation between the three nations. At […]

Ezaars.com enters into key association with Nabay.com

Oman’s popular e-commerce marketplace, Ezaars.com has entered a data migration association with the renowned digital platform, Nabay.com. With this amalgamation, all the merchants on Ezaars.com will move to Nabay.com, thereby creating a larger collection of products and brands to choose from. Ezaars.com will cease operations on the current platform later this month. Ezaars.com, a venture […]

Spartan to hold 2022 World Championship in Abu Dhabi

Spartan, the world’s leading endurance sports and extreme wellness brand, announced today that the 2022 Spartan World Championship will return to Abu Dhabi, United Arab Emirates, where the best obstacle course racing athletes on the globe will take on a challenging new course, Dec. 3–4. This is the second year that Abu Dhabi will host […]