Arab Money

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Dubai Airports Suspends All Flights Amid UAE Airspace Closure — What Global Travelers Must Know

Published Date: 1st March, 2026 ✍️ Author: Global World Citizens Aviation & Travel Desk 🌐 Source: GlobalWorldCitizen.com Dubai — one of the world’s busiest aviation hubs — has temporarily suspended all flight operations. Dubai Airports confirmed that both: Dubai International Airport (DXB) Dubai World Central – Al Maktoum International (DWC) have halted operations until further […]

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UAE Unveils New AED 100 Banknote Showcasing National Progress & Innovation

Published: March 24, 2025 ✍️ By: Global World Citizen Finance Desk 🌐 Source: GlobalWorldCitizen.com The Central Bank of the United Arab Emirates (CBUAE) has officially introduced a newly redesigned AED 100 banknote, marking another milestone in the nation’s Third Issuance of the National Currency Project. Crafted from advanced polymer material for greater durability and sustainability,

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Lamborghini’s Middle East Growth Slows to 1% Amid Global Luxury Market Stabilization

Published Date: March 20, 2025 ✍️ Author: Global World Citizen Business Desk 🌍 Source: GlobalWorldCitizen.com Italian supercar manufacturer Automobili Lamborghini reported a 1% growth in Middle East sales for 2024, a slowdown compared to its 5% global growth, as the global luxury market experiences a post-pandemic “normalisation” of consumer spending.   Speaking at a media

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Financial Roadmap: What It Takes to Own a $1M Property in Dubai

Published Date: March 19, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Investing in Dubai Real Estate: What It Takes to Buy a $1 Million Property Dubai’s real estate market continues to attract investors and homeowners worldwide. However, purchasing a $1 million (AED3.67 million) property requires more than just the down payment.

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Saudi Arabia Awards Exploration Licenses to Tap $2.5 Trillion in Mineral Wealth

Published Date: March 19, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Saudi Arabia has granted exploration licenses to two companies as part of its ambitious strategy to harness an estimated SR9.3 trillion ($2.5 trillion) worth of untapped mineral resources, further positioning the Kingdom as a global mining powerhouse.   Unlocking the

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Abu Dhabi’s MGX Invests $2 Billion in Binance—The Largest Crypto Deal in History

Published Date: March 13, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Binance Secures Historic $2 Billion Investment from Abu Dhabi’s MGX In a groundbreaking milestone for the global cryptocurrency industry, Abu Dhabi-based AI and advanced technology investor MGX has invested $2 billion in Binance, marking the largest institutional investment in a

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Ras Al Khaimah Real Estate: Dubai Developer Unveils Luxury Project Adjacent to Wynn Al Marjan Island UAE Casino

Sun 29 Sep 2024 Ellington Properties, a prominent Dubai real estate developer, has unveiled plans for Playa Del Sol, its latest luxury residential project on Al Marjan Island in Ras Al Khaimah. This announcement follows the successful launch of Cala Del Mar, marking the company’s fourth development in the region. Playa Del Sol is projected

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UAE Reaches Landmark Achievement with Record Non-Oil Trade Exceeding $952 Billion: Sheikh Mohammed

Sun 18 Feb 2024 The UAE has achieved a monumental milestone in its non-oil foreign trade sector, with the total value of goods and services reaching a historic high of AED 3.5 trillion in 2023.   Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, unveiled

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Jumeirah Group, based in Dubai, inaugurates its premier luxury hotel in Saudi Arabia.

Jumeirah Group, a distinguished luxury hospitality brand and a member of Dubai Holding, has proudly announced the inauguration of its premier hotel in Saudi Arabia. Situated at the heart of Jabal Omar and just a stone’s throw away from the Great Mosque of Makkah, Jumeirah Jabal Omar Makkah signifies the company’s expansion both regionally and

Jumeirah Group, based in Dubai, inaugurates its premier luxury hotel in Saudi Arabia. Read More »

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Ghitha Holding to Purchase 44% Stake in Turkish Cargo Leader MNG Airlines​

On Tuesday, February 6, Ghitha Holding PJSC, a subsidiary of the Abu Dhabi-based conglomerate International Holding Company, announced a significant development. The company struck a deal to acquire a 44 percent equity stake in MNG Havayollari ve Tasimacilik A.S. (MNG Airlines), a prominent commercial cargo company headquartered in Turkey. The acquisition is to be executed

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