UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round led by US-based Affinity Partners, with new …
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UAE’s Bayut, Dubizzle raises $200 million funding
Majority of the investment is to be earmarked in the UAE, the company’s largest market UAE’s Bayut, Dubizzle raises $200 million funding Bayut, business funding, classified website, classifieds …
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LBank Labs Welcomes Czhang as Investment Group Member
Crypto Investment Group, LBank Labs, welcomes new member Czhang to their investment committee team. With many successful investment cases under its belt, LBank Labs is excited to have new talent …
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NFA partners VOX Cinemas to distribute and show Ghanaian films in the Middle East
In line with its cinema development agenda, the National Film Authority (NFA) of Ghana has signed a strategic partnership deal with VOX Cinemas, one of the largest film distributors in the region, to …
Abu Dhabi: ‘Irreversible consequences’ without immediate climate action, warn officials
The world faces irreversible consequences without collective action on climate change, a top official from the International Renewable Energy Agency (Irena) said in Abu Dhabi.“We are staring into a …
Abu Dhabi-based Daman records 84% growth in profits in three years
Includes 14 percent increase in overall earned instalments compared to 2020; also managed an 18 percent reduction in operational expenses despite 80 percent increase in paid claims Abu Dhabi-based …
Mother of the Nation Festival (MOTN) is Returning to Abu Dhabi
The Mother of the Nation Festival (MOTN) is returning to Abu Dhabi’s Corniche this December to celebrate the legacy of Her Highness Sheikha Fatima bint Mubarak, the Mother of the Nation.The event will …
Abu Dhabi Sovereign Wealth Fund Made Big Changes as Active Management Wins
The Abu Dhabi Investment Authority (ADIA) embarked on a series of changes to its asset allocation as economic regimes changed course from a QE world that has caused inflation, to a world where central …
DMC hosts Maerifa to strengthen Dubai’s status as a maritime hub
Dubai Maritime City (DMC), a DP World Company, hosted a Maerifa official gathering that supports its strategic objective of strengthening Dubai’s status as a global maritime hub. Held at the official …
Dubai’s Emirates Islamic posts Dh1.05b profit for first nine months
Emirates Islamic’s net profit jumped to Dh1.054 billion for the first nine months of 2022 on higher funded and non-funded income with a significant reduction in the cost of risk reflecting improved …
Everything you didn’t know about Dubai World Islands
An afternoon with Ghanim Bin Sulayem, Director at Seven Tides who spoke with us about the development of Anantara World Islands Dubai and The World Islands …
Dubai records $326.7 million property transactions on Wednesday
Wednesday’s property deals include 371 sales transactions worth AED1.01 billion, in addition to 78 mortgage deals of AED164.26 million, and eight gift deals amounting to AED57.07 million Dubai records …
UAE Codes Day to boost nation’s digital transformation and economy
UAE Codes Day, a government initiative aimed at supporting the Emirates’ digital transformation and economy, is set to start on October 29, with several events organised by dozens of government and …
Perrotin is about to open its first Middle East space in a Dubai tax-free zone
The commercial gallery Perrotin will open a space in Dubai this November, its first in the Middle East. Founded by Emmanuel Perrotin in Paris in 1990, the gallery also has locations in New York, Hong …
Traveller ‘caught with 23kg of black magic contraband’ at Dubai airport
Police said the incident happened at Dubai International Airport’s Terminal 1 in October. The man was referred to the police for investigation. “We are aware of the dangers these materials used in …
12th World Congress of esthetic dentistry in Abu Dhabi begins today
Abu Dhabi, UAE: Today, His Excellency Amb. Dr. Abdul Salam Al Madani, Roving Ambassador for the Parliamentary Assembly of the Mediterranean for the GCC and Executive Chairman of the 12th World …
Collectors in UAE hold on to Yeezys as brands boycott Kanye West
Members of the UAE’s thriving shoe collectors scene are choosing to wait instead of selling off their hauls of the hugely popular Yeezy shoes. On Wednesday, Google searches for the phrase “sell Yeezy” …