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Month: November 2023

Posted on 09/11/2023

Dubai’s Emaar Properties, Emaar Development see surge in 9-month net profits

Dubai-based Emaar Properties PJSC posted a nine-month 2023 net profit of 8.24 billion dirhams ($2.2 billion), up 42% compared to the same period last year on rising retail sales and higher real estate …

Posted on 09/11/2023

Dubai Wasl Tower to become tallest sustainable building in the world

Scheduled for completion in the third quarter of 2024, Wasl Tower stands as a testament to Dubai’s position as a global leader in adopting cutting-edge sustainable practices in the construction indust …

Posted on 09/11/2023

WETEX and Dubai Solar Show 2023 to host 24 international pavilions

The 25th Water, Energy, Technology and Environment Exhibition (WETEX) and Dubai Solar Show (DSS) is hosting 24 international pavilions from 16 countries, …

Posted on 09/11/2023

Sheikh Mohammed announces plans to make the UAE the world’s most active economy

Sheikh Mohammed announced 10 principles that will support this goal… The UAE is one of the best countries in the world to live in and with the announcement of the “Economic Principles of UAE”, it aims …

Posted on 09/11/2023

Consensus must be sought on key WTO issues to make its Abu Dhabi conclave count

WTO dispute settlement needs a revival, agricultural differences should be resolved in an equitable manner and the approach taken to overfishing should be kept well balanced, among other things.

Posted on 09/11/2023

Dubai PMI hits 14-month high on strong new orders

Momentum in Dubai’s non-oil private sector economy remained on an upwards trajectory in October, amid surging demand and growing business confidence across the UAE. According to the latest Purchasing …

Posted on 09/11/2023

Dubai Police bust criminal syndicate, arrest 43 hackers for $36 million scam

Dubai Police, through their specialised Anti-Cybercrime Team, traced the gang’s two-phase transfers of an estimated total of $36 million.

Posted on 09/11/2023

Investcorp Capital increases total number of shares offered in its IPO following strong institutional demand

The Offering has been increased to 720,000,000 ordinary shares from 643,000,000 ordinary shares due to strong demand from international and regional institutional investors …

Posted on 09/11/2023

Investcorp Capital IPO: Number of shares on offer raised due to strong demand

Investcorp Capital has increased the number of shares on offer in its initial public offering on the Abu Dhabi Securities Exchange, citing strong demand from international and regional investors.The …

Posted on 09/11/2023

Looking for a job in Dubai? Full list of most in-demand roles

The most in-demand roles here are: Financial Planning and Analysis Manager. Financial Analyst. Commercial Finance Manager. Group Financial Controller. Head of Finance.

Posted on 09/11/2023

$100 million digital asset joint venture in Dubai leverages Ripple, Metaco, and Zodia

SC Ventures and SBI Holdings have partnered to create a Digital Asset Joint Venture, emphasizing the UAE’s growing status as a digital asset innovation hub.

Posted on 09/11/2023

Standard chartered and SBI’s $100M crypto venture in UAE

Global financial heavyweights, SC Ventures and SBI Holdings have joined forces to establish a $100 million cryptocurrency investment vehicle based in the United Arab Emirates (UAE … including …

Posted on 09/11/2023

Jersey Finance’s Annual Dubai Conference unveils key insights on financial regulation, risk and reward

Dubai, UAE – Jersey Finance, a leading international financial centre, hosted its annual conference in Dubai on November 8, under the theme ‘Regulation, Risk and Reward: A Balancing Act.’ The Jersey …

Posted on 09/11/2023

Dubai-Sharjah ferry: How commuters save over $13 per journey, beat two hours of traffic

UAE residents commuting between Dubai and Sharjah have opted to avoid the stress of road travel by using the Dubai Ferry. Dubai’s Roads and Transport Authority (RTA) resumed operations of the marine …

Posted on 09/11/2023

A stunning new performing arts centre is coming to Sharjah

Culture crawling dialed to eleven… There’s a reason Sharjah is called the cultural capital of the UAE. Having always been patrons of the arts and the sciences, you can expect to see new, exciting …

Posted on 09/11/2023

Sharjah Asset Management concludes its participation in the 43rd edition of the World Travel Market

The company’s pavilion witnessed significant interest from exhibition visitors and participating entities from various countries worldwide …

Posted on 09/11/2023

Rapid growth in Abu Dhabi powered by strategic foresight and enabling regulatory reforms

Abu Dhabi, United Arab Emirates: Abu Dhabi’s robust economic performance and the enticing opportunities it offers to global investors take centre stage in the newly released “The Report: Abu Dhabi 2023″ by the research and advisory firm Oxford Business Group.

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