Michael Bolliger, Chief Investment Officer, Emerging Markets at UBS Global Wealth Management, forecasts the UAE’s gross domestic product (GDP) to stand at 3.5 percent in 2023, rising to 3.9 percent in …
Adani shares slide after report alleges billionaire’s partners tied to offshore funds
Citing a review of files from tax havens and internal Adani Group emails, the non-profit global network of investigative journalists said two individual investors with “longtime business …
Dubai plans DIFC law changes
Dubai International Financial Centre proposes new laws as it aims to keep in line with international best practice …
Sharjah Police, SSSD discuss enhancing joint cooperation
Major General Saif Al Zari Al Shamsi, Commander-in-Chief of Sharjah Police received in his office Thursday morning, Afaf Ibrahim Al Marri, Head of Sharjah Social Services Department (SSSD), …
UAE family offices and UHNWIs forecasted to contribute half $1 trillion by 2026
In the UAE, financial wealth, generated by ultra-high-net-worth individuals and family offices is forecasted to increase to 46 per cent by 2026. It is estimated that the overall UAE’s financial wealth …
UAE: Sultan bin Ahmed meets with UoS Chancellor, faculties
Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah (UoS), met Thursday, with Hamid Majoul Al Nuaimi, the University’s Chancellor, Vice …
UAE: Dubai PM appoints Hajer Ahmed Al Thehli Secretary-General of Education and Human Resources Council
Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, appointed Hajer Ahmed Al Thehli as Secretary-General of Education and Human Resources Council (EHRC). Al …
Powerful solar flare to hit Mars on September 1
The Sun has unleashed powerful coronal mass ejections (CMEs) directed straight toward Mars. As a result, the red planet could display faint auroras on Friday, September 1, stated spaceweather.com.
Fourth phase of Mohammed bin Rashid Al Maktoum Solar Park likely to complete in Q1 2024
The fourth phase will provide clean energy for around 320,000 residences and reduce 1.6m tonnes of carbon emissions every year …
Who is Nasser Ali Shaban Ahli: UAE link featured in Hindenburg-Adani row
One of the initial cases where his name features is that of an investigation by the Directorate of Revenue Intelligence (DRI) into alleged illegal diamond trading by Adani companies in 2007 …
Archie, an Acceleration Partner for Fintech Disruptors, Launches to Scale Financial Technology Firms
Archie – an innovative new fintech acceleration partner – launches with “a mission to scale the next generation of fintech disruptors.” …
UAE to launch $50bn trade deals with Turkey and Indonesia
The UAE-Turkey CEPA and the UAE-Indonesia CEPA will remove or reduce tariffs on a vast array of goods, eliminate unnecessary barriers to trade, and establish pathways for investment into priority …
Watch: Dubai’s abra stations get makeover; new shops, amenities now open
RTA added that it has deployed a predictive maintenance system involving the installation of remote monitoring devices and sensors on board marine transport modes. The transport authority is planning …
Exchange Bitay expands into UAE’s flourishing crypto market
Cryptocurrency exchange Bitay revealed plans to join the flourishing United Arab Emirates market. The Turkish-based trading platform continues to solidify its presence in the global marketplace.
Sharjah Ruler directs sports facilities development in Kalba, Khorfakkan
H.H. also directed the Sharjah Department of Public Works to construct an integrated administrative building, and fully develop the sports hall in the Kalba Club …
Abu Dhabi seeks firms for 400MW battery storage project
Exclusive news, comment and analysis on the MENA region An unrivalled 20-year old archive Exclusive announcements on project news, bids, awards and updates The latest Industry data and competitor insi
UAE 5G subscription market share to surpass 80% by 2027
In the UAE, 5G share of total mobile subscriptions rose from 11.4% in 2021 to 23.5% in 2022 alone and will further grow to reach 82.5% by 2027. While Etisalat by e& and du actively promote segmented …