Business from Friday, December 12th, 2025
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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.
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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.
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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.
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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".
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UAE leaders hail 'enduring bonds of friendship' on Bahrain's National DayUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has led messages congratulating Bahraini King Hamad bin Isa Al Khalifa on the country's national day, which falls on December 16.
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UAE stands in solidarity with Morocco over deadly flash floodsThe UAE has expressed its solidarity with Morocoo after flash floods triggered by torrential rains in the coastal province of Safi left at least 37 people dead.
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Dubai mandates front number plates for delivery bikesDubai is introducing a new front licence plate for motorcycles and e-bikes used in corporate delivery services. These vehicles previously carried only rear plates.
