Yahoo will close its last regional office in Dubai next year. According to reports, the US internet giant is set to “streamline” its business after letting go of half of its staff earlier this year. Offices in Amman and Cairo have already closed. The 50 staff members in the UAE were reportedly informed of the decision this week to close the office in April 2016.
Ferrari leads as Sportico’s F1 team values soar past $34B
Ferrari is the most valuable of the 10 franchises in Formula 1 with $6.4 billion as the sport collectively holds over $34 billion, according to Sportico's latest team valuations published Thursday.
Dubai Chambers opens first US office in New York
Dubai Chambers has opened its first representative office in the United States, located in New York.
Dubai Exhibition Centre gears up for mega events
The Dubai World Trade Centre has announced that Phase One of the Dubai Exhibition Centre (DEC) expansion is nearing completion — a major step towards welcoming key global events from early 2026.
UAE executes first government transaction using Digital Dirham
The UAE has completed its first government transaction using the Digital Dirham, marking a major milestone in the adoption of the country’s national digital currency.
Chad launches $30 billion investment drive from UAE
Chad has officially launched the first round of investment talks in the UAE under its National Development Plan, Chad 2030, also known as 'Chad Connection 2030'.
