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Month: July 2021

Posted on 01/07/2021

MIDEAST STOCKS Abu Dhabi hits record high as most Gulf bourses gain

Abu Dhabi’s stocks hit a new record high on Thursday, as conglomerate International Holding (IHC) continued a winning streak following the listing of its Alpha Dhabi subsidiary.

Posted on 01/07/2021

Delayed Dubai Expo 2020 launches tickets sales

Dubai will start selling tickets on July 18, organisers said on Thursday, in a concrete signal that the world fair set to begin in October after a year-long delay will go ahead.

Posted on 01/07/2021

Dubai is second most popular global city for ‘digital nomads’

In October 2020, Dubai launched an innovative programme that allowed overseas telecommuting professionals to live in the city while continuing to serve their employers in their home country.

Posted on 01/07/2021

Dubai aims to be a global digital economy hub

Dubai aims to position itself as a major hub for designing the future of the digital economy, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of …

Posted on 01/07/2021

Abu Dhabi’s ADNOC adds Goldman Sachs to lead banks on drilling IPO -sources

Abu Dhabi National Oil Company (ADNOC) has added Goldman Sachs (GS.N) to a lead role on the initial public offering of its drilling unit, sources said, in the bank’s first such high-profile deal in …
( read original story …)


Posted on 01/07/2021

ADIO And The Abu Dhabi Early Childhood Authority Partner To Boost Next-gen Tech For The Next Generation

The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Early Childhood Authority (ECA) announced today a partnership that will provide support for sta …
( read original story …)


Posted on 01/07/2021

UAE Human Resources Ministry starts issuing work permits for golden residency visa holders

The Ministry of Human Resources and Emiratisation (MOHRE) has started issuing work permits to holders of gold residency in the private sector in accordance with the resolution issued by the UAE …
( read original story …)


Posted on 01/07/2021

UAE- EMEA markets continue to show resilience

Markets across the EMEA region continue to show their resilience in 2021, with several emerging markets offering some of the highest growth pote …
( read original story …)


Posted on 01/07/2021

Why the crypto-rich are increasingly turning to real estate investments

Dubai-based start-up aims to disrupt the traditional property investment model by digitalising assets and accepting cryptocurrency payments …

Posted on 01/07/2021

The world’s first ever cryptocurrency-only combat event to be hosted in Dubai

Nineteen-year-old Emirati influencer makes his amateur boxing debut at a first-of-its-kind event organized completely through cryptocurrency transactions The first Emirati Influencer to transition to …

Posted on 01/07/2021

Watch: Six arrested after Sharjah Police foil smuggling bid, confiscate drugs worth Dh35 million

Smugglers intercepted after police lay out a trap at Khalid Port, following tip-off Sharjah: The Anti-Narcotics Department of Sharjah Police seized more than 216kg of narcotics and psychotropic …

Posted on 01/07/2021

Dubai is second most popular global city for working remotely

Dubai is the second most popular destination in the world for “digital nomads” who prefer to live and work remotely from home, according to a work-from-anywhere index released on Thursday.While …

Posted on 01/07/2021

Dubai cloud kitchen Kitopi raises $415 mln from investors including SoftBank

Dubai cloud kitchen Kitopi said on Thursday it raised $415 million from investors including SoftBank (9984.T) in its series C funding round.

Posted on 01/07/2021

SoftBank Helps Mint New Unicorn as Dubai’s Kitopi Raises Funding

Dubai-based cloud kitchen startup Kitopi has raised $415 million from a group of investors including SoftBank Group Corp.’s Vision Fund 2, vaulting it to unicorn status.

Posted on 01/07/2021

Senior Barclays Banker in Dubai Is Said to Leave After a Decade

Hazem Shish, Barclays Plc’s head of financial institutions banking for the Middle East, Turkey and Africa, is leaving after more than a decade with the British lender, people familiar with the matter …

Posted on 01/07/2021

Dubai’s Emirates offers special fares to quarantine-free Germany, Austria and Switzerland

Dubai: Emirates airline is offering special fares – and more flights – to travel quarantine-free to Germany, Austria and Switzerland. UAE travellers can book their holiday with Emirates to Switzerland …

Posted on 01/07/2021

Expo 2020 Dubai: Dh95 for on-day ticket, Dh195 for monthly and Dh495 for six-month entry pass

With three months to go, Expo 2020 has announced three ticket tiers to ensure every visitor will be able to enjoy the spectacular event, regardless of the duration of their visit to Dubai. One-day …

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