ABU DHABI/GULF TIME Dubai continues to cement its status as a global hub for luxury real estate, attracting world-renowned opera singer Andrea Bocelli, who has purchased an exclusive residence within the prestigious Bugatti Residences by Binghatti. As the first Bugatti-branded development in the world, this project redefines luxury with bespoke design and unparalleled opulence. The acquisition was confirmed during a ...

DUBAI/GULF TIME Exotel, a leading provider of AI transformation for enterprises focused on customer engagement and experience, has partnered with Deem Finance, a premier financial services provider in the UAE. This strategic partnership aims to elevate Deem Finance’s customer service operations through advanced automation technologies, boosting customer engagement, improving operational efficiency, and delivering faster, more seamless service to its growing ...

DUBAI / GULF TIME As part of the Atlantis Atlas Project and underlining its commitment to marine conservation, Atlantis Dubai released three Honeycomb Stingrays and 20 Arabian Carpet sharks into the Arabian Gulf this week. This is part of the destination’s ongoing efforts to support conservation initiatives and the local environment. The Arabian Gulf’s waters host a diverse array of ...

ABU DHABI / WAM The gold reserves of the Central Bank of the United Arab Emirates (CBUAE) surged by 34.8 during the first 10 months of 2024 reaching AED24.464 billion by the end of October 2024. This represents a month-on-month increase of 5.5%, or AED1.28 billion, bringing the total gold reserves to AED24.464 billion compared to AED23.185 billion at the ...

ABU DHABI / WAM Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), participated in the Water Development Financing Forum for the Middle East and North Africa (MENA), held at the Arab Fund for Economic and Social Development (AFESD) headquarters in Kuwait. Organised by the AFESD and the World Bank Group, the forum brought together MENA representatives, ...

ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) has announced the issuance of silver coins to mark the bank’s Golden Jubilee. The CBUAE’s 50th anniversary silver coin embodies its achievements in developing the banking and financial sector over the past decades. This coin signifies its pivotal role in driving economic development, aligning with the wise ...

AL AIN / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan on Wednesday received His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, in the presence of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court. ...

DUBAI / WAM Dubai has once again secured the top position globally for city cleanliness, according to the latest Global Power City Index (GPCI) report issued by the Institute for Urban Strategies at the Mori Memorial Foundation in Japan. This prestigious recognition, achieved for the fifth year in a row, underscores Dubai’s commitment to establishing itself as a benchmark for ...

DUBAI / WAM Oracle, a global leader in information technology and database solutions, has affirmed that the UAE and the region are experiencing exceptional growth in adopting artificial intelligence (AI) and cloud computing technologies, driven by government initiatives encouraging technological adoption and optimising its benefits. In statements to the Emirates News Agency (WAM) on the sidelines of Oracle CloudWorld Tour ...

DUBAI / WAM Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully organised the first ‘In Focus’ session of 2025. The event was designed to assist Dubai-based companies in exploring opportunities for expansion in Angola, Mozambique, Thailand, and the Philippines. The session, which attracted a total of 160 participants from private sector ...