A Chinese startup is looking to launch suborbital flights that could see passengers darting between Dubai and Beijing in just one hour. The Government of Dubai Media Office tweeted a Yahoo article …
Cooling services firm Empower plans Dubai IPO after reporting $254mln profit
RIYADH: UAE cooling services provider Empower has reported a net profit of 936 million dirham ($254 million) for 2021, an increase of 4 percent compared to last year, as it confirmed plans for an …
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UAE Readies National Crypto Licensing in Push to Embrace Fintech
The United Arab Emirates is poised to issue federal licenses for virtual asset service providers by the end of the first quarter in an effort to attract some of the world’s biggest crypto companies, …
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Cover story: Why the chairman of UAE’s Century Financial feels a people-centric approach is a game changer
The key to a strong relationship with investors is offering them best-in-class support, explains the company’s CEO and chairman Bal Krishen.
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SAP Implements New Retail Solution for E-city
The store recently opened in Wafi Mall, and the company has plans to open additional stores in Dubai, Sharjah and Abu Dhabi.
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Indian social commerce startup DealShare bags $45 million from Abu Dhabi Investment Authority
Abu Dhabi Investment Authority is backing the Indian social commerce startup DealShare, the two said Thursday, joining a roster of marquee investors doubling down on India’s fast-growing e-commerce …
New Dubai initiative sees residents, tourists ditch plastic bottles; refill for free at 34 locations
At the Dubai World Trade Centre water station alone, over 150 people were spotted refilling their bottles in just 90 minutes …
Exploring Expo 2020 Dubai with a fractured foot
A personal account of exploring the Expo 2020 Dubai on a wheelchair Here’s a confession: Three weeks’ ago, I fractured my foot and found myself in a blue cast to treat what the doctor called a break …
UAE: Rents rise in Dubai; residents’ relocation from Sharjah to slow down
The relocation of tenants from Sharjah to Dubai is slowing due to the rise in rentals in the region’s financial capital.The real estate industry analysts say that the upward trend in Dubai rents will …
Dubai imports 8 million ton food in 2021
Dubai also issued 78,812 food export health certificates, while the quantity of food exported last year amounted to 3.272 tons to 157 countries after verifying their safety and compliance with food …
UAE’s industrial exports hit $32.6bln in 2021
The UAE recorded 120 billion dirhams ($32.6 billion) in industrial exports to foreign markets in 2021, driven by a surge in the number of factories commencing production, said the country’s Ministry …
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Dubai Hills Mall is open for business and adds 2m sq. ft. of prime retail space
Dubai: Dubai has opened the doors to its first big mall since late 2019, adding another 2 million square feet of prime retail and leisure space for shoppers in the city. The Dubai Hills Mall from …
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Cover story: Why the chairman of UAE’s Century Financial feels that a people-centric approach is a gamechanger
Walking around the elegant banquet room – at V Hotel in Dubai – where the event is … The asset management arm just launched its first hedge fund, aimed at serving professional clients …
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Sharjah: How Dh500 million worth of bounced cheque, financial cases were settled
Monies returned to owners without referring to court, thanks to Sharjah Police initiative Sharjah: Sharjah Police helped settle bounced cheque cases and financial disputes worth almost Dh500 million …
Sharjah Light Festival: Listen to recitation of Holy Quran as dazzling display unfolds
This year’s Sharjah Light Festival, which is set to end on February 20, is not only a feast for the eyes. For many spectators, it’s also a ‘therapy’, especially when the vibrant hues blend with the …
UAE flights: Abu Dhabi’s ‘green list’, Covid PCR testing, quarantine rules explained
Abu Dhabi authorities update the “Green List” of countries for inbound travel time and again to keep a check on foreign passengers arriving in the capital to contain the Covid-19 pandemic. On Tuesday, …
Emirati students of determination serve customers at special Abu Dhabi café
New Adek hospitality programme training Emirati students on autism spectrum The students are being imparted individual hospitality training to open career pathways in barista and food operations, …