Dubai Police recently cracked down on a daring heist, arresting a gang of four Ethiopian nationals who stole Dh3 million from a company in the Naif area. The well-planned burglary, which took place over a weekend in February, saw the thieves break into a safe, steal the money, and even remove the office’s security camera drive to cover their tracks. How the Crime Unfolded According to authorities, the masked suspects broke into…
The UAE’s insurance industry is expected to continue its upward trajectory in 2025, with growth projected between 10% and 20%, according to S&P Global Ratings. This follows an estimated 20% expansion in 2024, highlighting the sector’s resilience and strong market fundamentals. Regional Growth in the GCC S&P also noted that other Gulf countries will experience positive growth in their insurance markets, with expansion rates projected between 5% and 15%, depending on market…
A heated debate has erupted online over the investment potential of UAE vs. Bangalore real estate, following a bold Reddit post that claims Bangalore’s property market is a liquidity trap compared to the UAE’s high-yield investment environment. While both cities attract real estate investors, the comparison highlights key differences in rental yields, appreciation, and liquidity, leaving many questioning whether Bangalore is a sound investment or just speculative money parking. Key Takeaways from…
Dubai has taken a major step toward smart mobility with the introduction of a fully automated, ticketless parking system. This revolutionary solution, now operational in select locations such as the East Crescent of Palm Jumeirah, offers a seamless and stress-free parking experience for motorists. With no waiting, no tickets, and no manual payments, this system eliminates common parking hassles and enhances convenience through advanced AI-driven technology. How the New Parking System Works…
Dubai’s real estate market continues to evolve rapidly, with a significant drop in available homes for sale, rising property prices, and a growing shift from rentals to ownership. According to real estate consultancy Knight Frank, the number of homes listed for sale in Dubai fell by 30% in 2024, with the prime market experiencing an even sharper decline of over 50%. Why Are Fewer Homes Available? A key factor behind this decline…
UAE Weather Forecast: Fair to Cloudy Skies Ahead The UAE is expected to experience fair to partly cloudy conditions throughout the day, with increased cloud cover by night and into Sunday morning, according to the National Centre of Meteorology. Light to moderate Southeasterly to Northeasterly winds will prevail, occasionally strengthening and causing dust to blow. Wind speeds will range from 10 to 25 km/h, reaching up to 35 km/h at times. Temperatures…
South Africa’s journey in the ICC Champions Trophy 2025 came to an end after a tough semi-final defeat against New Zealand in Lahore. Despite a valiant century from David Miller, the Proteas fell short in their chase of a record-breaking total set by the Black Caps. However, the defeat was overshadowed by concerns over the tournament’s scheduling, which saw South Africa and Australia making unnecessary trips to Dubai before their crucial knockout…
The Directorate of Revenue Intelligence (DRI) in Mumbai has successfully foiled a major gold smuggling attempt at Chhatrapati Shivaji Maharaj International Airport. Acting on specific intelligence, the agency arrested two foreign nationals who were trying to smuggle gold worth nearly Rs 19 crore into India. How the Smuggling Attempt Was Carried Out The accused were identified as Salem Abdulla Alshamshi, a 33-year-old UAE national, and Alshamshi Abdullah Hmed, a 38-year-old from Oman.…
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