State-owned Abu Dhabi National Oil Company (Adnoc) is nearing the decision phase on a strategic expansion project involving its huge Lower Zakum offshore oilfield. The Emirati giant is expanding its …
Abu Dhabi unveils financing platform to boost manufacturing sector
Abu Dhabi has launched a unified platform to enhance manufacturers’ access to financing to achieve the Abu Dhabi industrial strategy objectives. The business financing facilitation platform is a new …
Abu Dhabi’s Emirates Stallion Group owned entity takes stake in manpower provider United International Group
Emirates Stallion Group plans to be regional player in supplying skilled personnel Dubai: Abu Dhabi based Emirates Stallions Group has acquired a majority stake in United International group, one of …
UAE Central Bank Raises 2024 Economy’s Growth Forecast to 5.7%
The Central Bank of the UAE (CBUAE) has raised its forecast for the Gross Domestic Product (GDP) growth for the UAE in the coming year, 2024, to 5.7 percent, compared to its previous projection of 4.3 …
KPMG Dubai partners raised concerns about Freshfields review
The revelations create further scrutiny of KPMG’s global boss Bill Thomas, who was criticised by staff last year for failing to act more decisively on reports of poor governance in the Lower Gulf …
UAE Central Bank raises 2024 growth forecast for country’s economy to 5.7%
The UAE Central Bank has increased its 2024 growth forecast for the country’s economy to 5.7 per cent, from 4.3 per cent previously, due to an expected rise in oil production next year. The banking …
UAE banking sector sees $72.37bln in savings deposits until October 2023
ABU DHABI – Savings Deposits in the banking sector in the UAE, excluding interbank deposits, hit AED265.6 billion by the end of October 2023, according to the latest statistics from the UAE Central …
UAE weather: Bright Christmas in Abu Dhabi and Dubai
Those in the UAE dreaming of a bright Christmas are in luck, with sunny weather expected for the festive season. Some parts of the Emirates have reported rain and fog in recent days amid a cold snap.
Shangri-La and Traders Hotel, Qaryat Al Beri, Abu Dhabi, add to leadership team
The hotels have a new executive sous chef and assistant director of F&B. Shangri-La and Traders Hotel, Qaryat Al Beri, Abu Dhabi, add to leadership team. (f&b), abu dhabi, food & beverage, operators, …
Realme 12 Pro 5G and Realme 12 Pro+ 5G Hit UAE’s TDRA, Launch Seems Imminent
Following the recent Realme GT 5 Pro launch, Realme is also bringing the Realme 11 Series successor, i.e., the Realme 12 Series, soon. The new smartphones have already appeared on the BIS …
Non-inclusion of actual freight charges: Country incurring $1.5m monthly loss in meat exports to UAE
ISLAMABAD: Pakistan is reportedly bearing a loss of $1.5 million per month due to non-inclusion of actual freight charges in export of meat to the United Arab Emirates (UAE). Sources said that the …
Litecoin seen as digital form of silver: Know if the crypto is worth your money
But its lower price is a feature that makes it resemble silver, when put against gold,” said UAE-based investment manager Brody Dunn. “Unlike most alternate coins, Litecoin maintains its top ten …
Xperience Realty Emerges as Premier Brand for Real Estate Investment in Dubai and UAE
In a competitive world of luxury real estate investment in Dubai and UAE, Xperience Realty is emerging as a premier brand in the sector, …
The Dubai Balloon is relaunching with a refreshed look for the new year
Feel on top of the world as you soar high over Dubai’s skyline. The Dubai Balloon is relaunching with a refreshed look for the new year. Partner Content. News.
Dubai could soon get Mars-inspired air taxi
Its operational philosophy resembles those of Nasa’s Mars helicopter ‘Ingenuity’ and will be commercial and airborne in 28 months …
Coinbase receives VASP registration in France
Coinbase says the Virtual Assets Service Provider (VASP) registration was granted by French regulator, Autorité des Marchés Financiers (AMF).
Basatne International Unveils UAE’s First AI-Based Robotics Technology to Reduce Carbon Emissions and Mobile Phones E-Waste
Basatne International unveils UAE’s first AI-based robotics technology to reduce carbon emissions and mobile phones e-waste Basatne International is leveraging cutting-edge AI technology to enhance …