The DFSA noted a remarkable increase in Asset Managers and Hedge Fund Managers establishing presence in the DIFC, with the latter registering 125% year-on-year growth. Furthermore, as of November 2023 …
Dubai leads most Gulf markets higher
Jan 24 (Reuters) – Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate earnings, with the Dubai index outperforming its peers. Oil prices, a …
Dubai Islamic Bank lodges record net profit of $1.91bn for 2023
The bank also announced a 43% rise in total income to $5.45 billion, up 43 per cent compared to last year; Proposes a dividend of 45% …
UAE: More residents are opting for crypto savings over cash deposits; here’s why
Cryptocurrencies are increasingly becoming a part of the UAE residents’ savings as investors and consumers are holding them on a long-term …
Time Out Dubai Restaurant Awards 2024 – nominees revealed
It’s official: these are Dubai’s best restaurants. That’s right – we are presenting more than 280 of Dubai’s top restaurants right here with the hotly anticipated Time Out Dubai Restaurant Awards 2024 …
Time Out Dubai reveals shortlists for its 19th annual Restaurant Awards
Time Out Dubai has announced the shortlists for its 19th annual Restaurant Awards. The Time Out Dubai Restaurant Awards 2024 will take place on March 6 at JW Marriott Marquis Dubai in Business Bay.
The Heart of Europe and IHG Hotels & Resorts partner to operate Côte d’Azur Monaco Hotel under the voco brand
Dubai, United Arab Emirates: The Heart of Europe, Kleindienst Group’s flagship project, partnered with IHG Hotels & Resorts, one of the world’s leading hotel companies, to operate the ‘Côte d’Azur …
Abu Dhabi Municipality implements inspection drive in children’s playrooms
The campaign targeted rooms located within the geographical locations of Abu Dhabi City Municipality and its sub-centres to raise awareness about public hygiene among its owners and workers …
In his capacity as Ruler of Abu Dhabi, UAE President issues law establishing Abu Dhabi Heritage Authority
ABU DHABI, 24th January, 2024 (WAM) — In his capacity as the Ruler of Abu Dhabi, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a law establishing the Abu Dhabi Heritage …
162 judicial officers sworn in before the Attorney General of the Emirate of Abu Dhabi
The swearing-in ceremony took place in implementation of the decisions issued by His Highness Sheikh Mansour bin Zayed Al Nahyan …
British pensioner in Dubai faces jail after challenging neighbours over noisy party
A British pensioner is facing jail in Dubai after confronting noisy neighbours who he claims threw a drink over his 18-month-old granddaughter.
Travellers Receive Warning Amid Risks Of Possible Terror Attacks In Dubai
Home to luxurious hotels, bars, manmade lakes and some architectural marvels such as the Burj Khalifa and Future of Museum, Dubai attracts millions of travellers each year. People from the UK also …
New projects planned to tackle traffic congestion between Dubai, Northern Emirates
Ongoing study to implement several projects in second half of 2024 Initiatives to curb traffic congestions between Dubai and the Northern Emirates are anticipated rollout in the second half of 2024, …
DoT slashes auction target, but revenue receipts to be robust
The department of telecommunications (DoT) has significantly reduced the spectrum auction revenue target for FY24 to ₹500 crore from ₹5,000 crore. However, the department still expects to generate ₹85 …
Mashreq partners with UAE fintech Fils
The memorandum of understanding between Fils and Mashreq will launch carbon offsetting services for corporate clients …
UAE’s ADNOC bumps up decarbonisation budget to $23bn
ADNOC said the increased allocation will include investments to grow the company’s domestic and international carbon management platforms.
Abu Dhabi’s Technology Innovation Institute, ASPIRE and Maqta Gateway collaborate to enhance autonomous technologies
Abu Dhabi-UAE: Abu Dhabi’s Technology Innovation Institute (TII) and ASPIRE today announced a Proof-of-Concept (PoC) agreement with Maqta Gateway, part of AD Ports Group’s Digital Cluster. The …