Family businesses play a huge role in the Gulf region – but how do they operate? Dubai: But how did they come about playing an influential role, operate in the UAE and what makes them different from …
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“The worst is over for Dubai’s property market”: Betterhomes
The company noted positive trends in Dubai’s residential real estate including a 12% jump in the number of units transacted …
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Illuminating the path
Erik Linquier, Commissioner General for France at Expo 2020 Dubai, and Chairman of COFREX sheds light on the recently completed France Pavilion …
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Technology innovation institute’s secure systems research centre partners with world-leading universities across groundbreaking projects
The partnerships with prestigious universities from the UAE, USA and Europe will advance breakthroughs in secure systems …
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African companies and investors explore key advantages of doing business in Dubai
Attendees learned about initiatives introduced by the government in recent years, which have enhanced Dubai’s value proposition among investors, …
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Dubai’s metals refinery, storage hub plans Gulf’s first blockchain-backed facility
Dubai Multi Commodities Centre (DMCC) plans to create the first precious metals refinery and storage facility in the Gulf region enabled by …
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UAE’s Universal Tubes, India’s Tata Steel execute blockchain trade finance deal
UAE-based Universal Tubes & Plastic Industries and India’s Tata Steel has executed the global steel industry’s first blockchain-based live trade finance deal. The transaction enabled the digitisation …
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DMCC strikes deal to build blockchain-based precious metals refinery in Dubai
Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot precious …
Abu Dhabi Is Said to Weigh Sale of $4 Billion Taqa Stake
Abu Dhabi is weighing the sale of a stake in its biggest utility as the oil-rich emirate seeks more international investment in its marquee assets, people familiar with the matter said.
Sheikh Mohammed to outline UAE’s green vision at US President Biden’s climate summit
The summit on April 22 and 23 is being hosted remotely by US President Joe Biden. In his speech, Sheikh Mohammed will highlight the UAE’s green vision and climate action ambitions. The US President …
Vaccinated UAE team out of Fleche Wallonne over virus cases
Tour de France winner Tadej Pogacar is out of the Flèche Wallonne one-day race Wednesday after his UAE Team Emirates squad withdrew following two positive tests for the coronavirus, even though the …
Treasury-Buying Spree of $17 Billion Has UAE Eclipsing China
The United Arab Emirates went on its biggest Treasury-buying foray on record in February, purchasing more of the safe-haven securities than China in one of the worst months for U.S. debt markets in …
Emirates Could Tap Dubai for Support Amid Delayed Recovery
Emirates said it may need to tap Dubai’s government for an equity injection if demand doesn’t rebound from the coronavirus crisis in the next six to eight months.
US man who legally smoked marijuana in Las Vegas before flying to Dubai is freed and deported
Peter Clark, 51, was deported from Dubai after prosecutors dropped all charges against him. He was arrested in February after going to hospital, where doctors did blood tests and found drugs.
Dubai Investments acquires stake in National General Insurance Company
The UAE’s leading investment company, Dubai Investments announced the execution of a direct deal of acquiring 21.53 per cent shares of National General Insurance Company (NGI) from Emirates NBD Bank.
DMCC Completes Land Sale Transaction In JLT With Reit Development To Build A Blockchain Enabled Precious Metals Refinery In Dubai
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced the signing of a sale and purcha …
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Ammar Hilal appointed managing director of Raffles Dubai and Sofitel Dubai The Obelisk
Ammar Hilal has joined Raffles Dubai and Sofitel Dubai The Obelisk as managing director. He moves from Fairmont Dubai, another Accor property. In his new role he will oversee the daily operations of …
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