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Month: January 2023

Posted on 18/01/2023

UAE fiscal balance to remain in surplus with oil at $75: Moody’s

Fiscal balances of the UAE and Qatar will remain in surplus under an average … “Higher hydrocarbon revenue will also provide ample financial resources to support economic diversification projects …

Posted on 18/01/2023

UAE participates in G20 Finance Track’s meeting

The G20 members, invited countries, and international organisations such as the International Finance Corporation (IFC) also attended the meeting …

Posted on 18/01/2023

UBS Dubai Taps Credit Suisse Bankers to Target Wealthy Indians

UBS Group AG in Dubai is hiring a group of private bankers from rival Credit Suisse Group AG as the Swiss lender continues to expand its Gulf business that caters to India’s wealthy diaspora.

Posted on 18/01/2023

EAGLES LANDING RESTAURANT GROUP ANNOUNCES THE OPENING OF FIRST DUAL-BRAND APPLEBEE’S® AND IHOP® LOCATION IN DUBAI

Eagles Landing Restaurant Group, an Applebee’s® Grill + Bar and IHOP® franchisee, is set to open its first dual-brand location in the United Arab Emirates at the Dubai Festival City Mall on 21 January …

Posted on 18/01/2023

Public transport hacks: Get to popular Dubai attractions on a budget

Simply top up your card (at any station) and you can get to these popular D… This iconic skyscraper is a stone’s throw away from popular spots, including Souk Al Bahar, The Dubai Mall, the Dubai …

Posted on 18/01/2023

The Crypto Oasis Identifies 1,650+ Blockchain Organisations in the UAE at the End of Q4 2022

This is a marked 13.8 percent growth in organisations identified against Q3 numbers reported in the Crypto Oasis Ecosystem Report 2022 Key Highlights:- 8,300+ individuals currently work in organisatio …

Posted on 18/01/2023

Sharjah inaugurates 24-km bicycle only track

The track was built on the directives of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.

Posted on 18/01/2023

Sheikh Sultan receives Chairman of Oman’s Shura Council in Sharjah

The Ruler of Sharjah welcomed the Chairman of the Omani Shura Council and his delegation, pointing to the deep-rooted and historical ties between the two countries, stressing the depth of social …

Posted on 18/01/2023

The Sharjah prize in public finance holds an introductory seminar in cooperation with the Ministry of economy and finance

In its first session, the introductory symposium focused on defining the Sharjah Prize in Public Finance, its vision and objectives …

Posted on 18/01/2023

UPDATED: Abu Dhabi summit: Arab leaders emphasise joint work to tackle regional challenges

Egypt’s President Abdel-Fattah El-Sisi and leaders of the United Arab Emirates (UAE), Jordan, Bahrain, Qatar, and Oman highlighted the importance of enhancing joint Arab work to tackle the region’s …

Posted on 18/01/2023

UAE calls for affordable energy prices

In an interview with CNN, Al Mazrouei said controlling oil price rise is imperative during the transition to clean and renewable energy sources and reiterated calls …

Posted on 18/01/2023

Dubai’s $660m Tabby has investors purring over buy-now-pay-later

Dubai-based Tabby raised $58m from investors including Sequoia Capital India in a funding round that valued the buy now, pay later start-up at almost $700m. PayPal Ventures also took part in the …

Posted on 18/01/2023

Sheikh Mohammed meets Kazakhstan’s President Tokayev in Dubai

Sheikh Mohammed and President Tokayev also exchanged views on a number of issues of mutual concern and discussed recent regional and global developments.

Posted on 18/01/2023

Dubai: International tourist spending to jump by Dh50 billion in the next 10 years

The spending by tourists will jump by over 46 per cent to nearly $43 billion (Dh158 billion) by 2032 as compared to $29.4 billion (Dh108 billion) at the end of 2022 …

Posted on 18/01/2023

Aldar plans to start 12 new projects this year amid UAE property market recovery

The developer will start one new project in Ras Al Khaimah and the rest will be in Abu Dhabi, Jonathan Emery, chief executive of Aldar Development, told The National in an interview on the sidelines …

Posted on 18/01/2023

A New Breakthrough In the UAE Blockchain Venture Capital Space

Venom Ventures Fund (VVF) and Iceberg Capital have partnered to launch a $1-billion fund dedicated on blockchain investments …

Posted on 18/01/2023

UAE announces fees on international imports in 2023

The UAE is set to introduce new import rules, says the Ministry of Foreign Affairs and International Cooperation (MoFAIC). Starting in February any invoices for international imports with a value of …

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