India’s richest man has bought Hamleys.
Mukesh Ambani paid an undisclosed sum to purchase the famous British toy retailer.
The Indian tycoon’s Reliance Brands Limited announced that it had signed an agreement to buy the company from China's C Banner International.
Hamleys was founded in 1760 and has close to 170 stores around the globe.
Dubai launches nationwide campaign to combat economic fraud
The Economic Security Centre of Dubai (ESCD) has launched a nationwide awareness campaign to combat economic fraud, under the slogan "Strong Economy… An Aware Society."
DP World launches 36-hour Dubai-Iraq sea link
DP World has launched a 36-hour maritime service linking Dubai’s Mina Rashid with Iraq’s Umm Qasr Port, offering a faster alternative to overland trucking.
Parkin expands into Abu Dhabi under partnership with DAMAC
The paid parking operator Parkin has signed a five-year agreement with DAMAC Properties to manage around 3,600 parking spaces across the developer’s communities in Dubai and Abu Dhabi.
Dubai hosts Sustainable Bio International Forum
The Sustainable Bio International Forum, hosted by Dubai on Friday under the theme “From the UAE…to a Greener World”, discussed the future of sustainable bioenergy and its role in supporting a low-carbon circular economy.
TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced on Thursday to 15 years in prison for what a judge called an "epic fraud".
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed enhancing cooperation with Niko Christodoulides, President of Cyprus, as part of the Comprehensive Strategic Partnership between the two nations.
Emirates Airline has set up an airbridge with Dubai Humanitarian to transport urgent relief aid to support those affected by the devastating Cyclone Ditwah in Sri Lanka.
Road and Transport Authority (RTA) has outlined the route map for Dubai Metro's Blue Line that will connect 14 stations, of which five will be elevated, four underground, two "future elevated" and one underground interchange.
