DP World project to install 88,000 solar panels will produce enough clean power for 3,000 homes a year. The Dubai-based ports operator… Ziad Awad says that tightening budgets and fiscal deficits …
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Rove Hotels launches Live + Work for those looking to move to Dubai
And in light of the recent news, Rove Hotels has partnered up with Dubai’s Department of Tourism and Commerce Marketing (DTCM) for a “Live + Work” package For remote workers looking for a sunny …
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UAE’s new foreign ownership law has what it takes to drive new business, investments
What the new Presidential Decree does is open up more business categories to be launched without the need for a UAE national – or Emirati-owned company – as a partner/sponsor. Because …
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UAE startup Quiqup closes over $5.5m in funding to pursue expansion
Quiqup, the UAE-based on-demand … “They have a unique and transformative business model that is a game changer for the region. Same-day delivery is the next frontier in e-commerce logistics …
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Emaar enters Sharjah with first ever branded residences
Emaar Hospitality, the hospitality arm of Emaar Properties, and Arada, the property developer, have launched the first phase of off-plan sales for Vida Residences Aljada, marking Vida’s first entry …
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Abu Dhabi court jails and fines nine people in Dh306 million money laundering case
Nine accused and nine companies were convicted in a money laundering case by an Abu Dhabi court on Tuesday. The convicted individuals were handed sentences ranging from seven to 10 years, and fines of …
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Dubai aiming for a cashless society
With an objective to go cashless, the Dubai Government has launched the Dubai Cashless Framework Report, developed by Smart Dubai and the Dubai Department of Finance, to enable all transactions in the …
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Dubai expat jailed, fined Dh48,825 for embezzling over Dh48,000 from petrol station
A Dubai expat, who fled the UAE after embezzling over Dh48,000 from a petrol station, was sentenced to three months in jail by the Court of First Instance on Tuesday. The court ordered his deportation …
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IPO-bound Biocon Biologics in talks with Abu Dhabi fund ADQ to raise fresh capital
If the negotiations fructify— coming two weeks after the Goldman Sachs deal—it would mark the fourth successive investment in the Kiran Mazumdar Shaw-led Biocon unit in 2020.The last fundraise was …
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UAE tourism outlook: Demand for domestic experiences to grow more than ever
The growth in domestic tourism in the UAE has risen due to COVID-19 restrictions on international travel and is set to accelerate further in the coming years, according to the CBRE Group. In its …
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US President-elect Joe Biden’s win “bullish for Dubai property cycle”
Former US Vice President and current US President-elect Joe Biden’s resounding win in the American presidential elections over incumbent President Donald Trump, as well as news from pharmaceutical …
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Global Wireless Pick to Light Market 2020 by Key Players, Regions, Type and Application, Forecast to 2026
MarketsandResearch.biz has announced a new market research study namely Global Wireless Pick to Light Market 2020 by Company, Regions, Type and Application, Forecast to 2026 that presents a detailed …
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Al Qana development Abu Dhabi is now nearly complete
There’s a lot of excitement about the Al Qana development in Abu Dhabi. Speaking to sister publication Construction Week, Fouad Mashal, CEO of Al Barakah International Investment, the company behind …
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West Asia Wrap: Al Hilal claim bragging rights in Riyadh Derby, Al Sadd, Sharjah continue fine form
Dubai: Al Hilal SFC defeated Al Nassr 2-0 to claim bragging rights in the Riyadh Derby as the defending champions continued to set the pace in the Saudi Pro League.
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UAE opens up the economy, allows 100% foreign ownership of firms: Report
In a major shake-up of foreign ownership laws aimed at attracting investment into an economy reeling from the coronavirus and a decline in oil prices, the government of the United Arab Emirates …
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UAE to allow 100% foreign business ownership: Key points to note
The UAE announced on Monday that foreign nationals will now be allowed to own 100 per cent of commercial companies within the country, eliminating the need for a UAE national to hold the majority …
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UAE and Israel – a partnership that can help the world
Israel can help the UAE expose its tech startups to partners and investors in the West, while the UAE can be Israel’s gateway to Asia and the East.
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