Dubai Taxi Company adds 600 taxis, lifts market share to 47%
DUBAI — Dubai Taxi Company PJSC has added 600 new taxi plates following an auction by Dubai’s Roads and Transport Authority, expanding its fleet and increasing its market share to 47%.
The addition raises the company’s taxi fleet to 6,817...
UAE mint launches ‘Proud of UAE’ commemorative coin collection in Dubai
DUBAI— Emirates Minting Factory, in collaboration with Dubai Gold District, has launched a limited-edition collection of gold and silver commemorative coins celebrating the “Proud of UAE” campaign.
The collection is available exclusively at Dubai Gold District and is designed to...
Masdar marks 20 years, targets 100GW renewable capacity by 2030
ABU DHABI — Abu Dhabi Future Energy Company PJSC, known as Masdar, is marking 20 years of operations, highlighting its role in advancing renewable energy development in the UAE and globally.
Founded in 2006 by Sheikh Mohamed bin Zayed Al...
UAE raises AED1.1 billion in April Islamic Treasury sukuk auction
ABU DHABI — The Ministry of Finance, in collaboration with the Central Bank of the UAE, has raised AED1.1 billion ($300 million) through its April auction of dirham-denominated Islamic Treasury sukuk.
The issuance is part of the government’s 2026 sukuk...
Sheikh Mohammed Unveils Dh34 Billion Dubai Metro Gold Line
Dubai's ruler has unveiled the emirate's single biggest-ever transport investment — a Dh34 billion ($9 billion), 42-kilometre, fully underground Gold Line that will serve 1.5 million residents across 18 new stations and 15 strategic city zones, with an opening...
UAE President meets BlackRock, discusses ties with Morocco king
ABU DHABI, United Arab Emirates (GDM) — UAE President Sheikh Mohamed bin Zayed Al Nahyan met Wednesday with executives from BlackRock to discuss investment opportunities and deepen financial cooperation, as the Gulf nation continues to position itself as a...
Nissan Magnite fits UAE’s growing appetite for weekend road trips
DUBAI, UAE – More residents are skipping airport lines to explore places closer to home. A Friday drive to Hatta. A long weekend tracing the coastline through Fujairah. No boarding passes. No baggage. No wasted hours in transit. Just a...