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Month: February 2024

Posted on 05/02/2024

Red Sea Danger Spurring Global Oil Buyers to Go Local

In Asia, a jump in demand for Abu Dhabi’s Murban crude led to a spike in spot prices … The fragmentation will not be permanent, but for now it’s making it tougher for import-dependent nations like …

Posted on 05/02/2024

Dubai DET inks deal to accelerate the emirate’s innovation roadmap

The Dubai Department of Economy and Tourism (DET) signed an agreement of intent with Microsoft, the US multinational technology giant, to accelerate the emirate’s innovation roadmap.

Posted on 05/02/2024

Are UAE Residents Permitted to Use VPN in the Country?

Residents in the UAE have the authorization to utilize Virtual Private Networks (VPNs), according to Muhammad Al Kuwaiti, the Head of Cybersecurity for the UAE Government. Read More: The Right Way …

Posted on 05/02/2024

Sharjah Classic Cars Festival wraps up with turnout of 15,000 enthusiasts

The Sharjah Classic Cars Festival 2024 concluded its inaugural edition on Sunday, leaving an indelible mark with an impressive gathering of over 15,000 avid classic cars enthusiasts and lovers across …

Posted on 05/02/2024

Sharjah Asset Management launches customer service centre for company’s projects and markets

Sharjah Asset Management Company, the investment arm of the Sharjah government, has launched a customer service centre to meet the needs of customers.The centre aims to unify contact points within the …

Posted on 05/02/2024

Eight Healthcare Facilities Shut Down in Abu Dhabi for Violations

Eight healthcare centers in Abu Dhabi, the capital of the UAE, have faced closures due to violations of laws and standards, as announced by the Department of Health – Abu Dhabi (DoH).Read More: Benefi …

Posted on 05/02/2024

Budding stars on display in weekend racing in Dubai, Hong Kong

Global horse racing saw some potential stars emerge in the Dubai World Cup Carnival and in the first race of the series leading up to the Hong Kong Derby.

Posted on 05/02/2024

Dubai’s realty off to a flying start with record Dh35.4b sales

Dubai’s real estate market witnessed a remarkable boom in January 2024, with record-breaking sales totalling Dh35.4 billion, signifying a positive outlook ..

Posted on 05/02/2024

Dubai-based event company founder aims to bridge cultures through music

In the heart of Dubai’s bustling entertainment scene lies Portfolio Managing Events (PME), a company that has redefined live concerts and musical experiences. Founded by Salman Ahmed, PME isn’t just …

Posted on 05/02/2024

Mena witnesses 48 IPOs raising $10.7 billion in 2023

According to the EY Mena IPO Eye Q4 2023 report, Mena markets saw 48 initial public offerings (IPOs) in 2023, raising $10.7 billion in total. Five listings, mainly in the energy and logistics sectors, …

Posted on 05/02/2024

MENA IPOs hit $10.7bn last year; Saudi leads way, Oman sets record, UAE sees 76% gain in one day

Dubai Taxi Company PJSC, worth $315m. The Muscat Stock Exchange (MSX) saw the largest IPO in Oman to date with OQ Gas Networks SAOC raising $772m. Meanwhile, Oman Investment Authority (OIA), the …

Posted on 05/02/2024

Mena witnesses 48 IPOs raising $10.7bn in 2023: EY

The Middle East and North Africa (Mena) markets saw 48 initial public offerings (IPOs) in 2023, raising $10.7 billion in total, according to the EY Mena IPO Eye Q4 2023 report. Five listings, mainly …

Posted on 05/02/2024

UAE stock exchanges raised $2.12bln from 4 IPOs in Q4 2023: EY

Additionally, the Dubai Financial Market (DFM) saw the successful listing of Dubai Taxi Company, generating $315 million. Saudi Arabia continued to dominate the IPO landscape in the MENA region, …

Posted on 05/02/2024

UAE: National Bonds plans on simplifying savings, fostering financial literacy, digital tools

It is catering to diverse segments with products like ‘My One Million’ and ‘Second Salary’ designed to create an additional income stream for individuals …

Posted on 05/02/2024

Dubai’s Famous Filipino Restaurant Dampa Seafood Grill Has Reopened!

The beloved Filipino restaurant Dampa Seafood Grill in Deira, Dubai has reopened to serve its scrumptious seafood yet again after six months of closure. Read More: 10 Nostalgic Filipino Snacks Batang …

Posted on 05/02/2024

Dubai promotes outdoor dining with an interactive guide

Brand Dubai, the creative arm of the Government of Dubai Media Office (GDMO), has launched a new interactive guide that features a selection of outdoor dining spots in Dubai that allow people to …

Posted on 05/02/2024

Meet Bollywood actors Sohail and Arbaaz Khan in Dubai

Fox Media and Entertainment is introducing a groundbreaking event in the UAE – the first-ever open podcast featuring Bollywood icons Arbaaz Khan and Sohail..

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