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Technology

Gartner Forecasts 85 Million Electric Vehicles Will Be on the Road by End of 2025

By the end of 2025, 85 million electric vehicles (EVs) – cars, buses, vans and heavy trucks – are expected…

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News

Premium Plates Fetch AED69.137 million at RTA Auction

Dubai’s Roads and Transport Authority (RTA) secured a staggering AED69.137 million at the latest open auction of vehicle licence plates.…

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News

New Dhs600 Million Road Project will Reduce Traffic by 75% in this Area

Travel time will drop from 20 minutes to just five minutes Dubai’s Roads and Transport Authority (RTA) has announced a…

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News

UAE President Directs US$100 Million in Urgent Relief for Lebanon

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed the delivery of an urgent US$100 million relief package…

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Business

Dubai: Property Owners Rake in up to Dh15 million in Profits by Flipping Units in 4 Years

According to experts, profit margins rise further for those who do upgrades on their properties Several Dubai residents who bought…

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News

‘ADNOC Distribution’ Approves $350 million Interim Cash Dividend for H1

ADNOC Distribution today announced that the Board of Directors has approved an interim dividend of $350 million (AED1.285 billion) for…

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Business

Penthouse.ae Closes Record-Breaking AED 125 million off-Plan Villa Sale in Dubai  

Penthouse.ae, powered by Metropolitan, a Dubai-based full-service real estate agency specializing in serving the needs of Ultra High Net Worth…

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Business

PRYPCO Mortgage Disburses Over AED 500 Million in a Single Month, Setting New Records

PRYPCO, Dubai-based prop-tech start-up, has announced a major milestone. In August 2024, PRYPCO Mortgage disbursed over half a billion dirhams…

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News

TAQA Water Solutions Announces AED150 Million Wastewater Management Project in Bahia, Al Sadr

TAQA Water Solutions today announced a groundbreaking AED150 million transformative wastewater management project set to redefine infrastructure standards in Al…

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Business

AD Ports Group Awards ZPMC AED420-million Cranes Contracts for Terminal Projects in Africa

AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) contracts worth over AED420 million to supply six…

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