A delegation of Saudi diplomats is reportedly heading to Damascus later this week, days after the UAE dispatched its first ambassador to the Syrian capital in more than 10 years. The pro-government …
Leading India Developer Launches Inaugural Project In Dubai
Skyline Builders, a real estate developer from the southern Indian state of Kerala, with a legacy of 158 successfully completed projects and over 16 …
Electricity accounts in Dubai reach 1,173,631 by end of 2023
DUBAI: Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has revealed that the number of DEWA’s electricity accounts reached 1,173,631 accounts by the end of 2023 …
Cloud adoption to boost business growth in UAE
When it comes to economic spillovers, cloud adoption is most propelling growth in the UAE. According to a report, a 1% rise in cloud adoption by UAE organizations will lead to an average GDP growth of …
Dubai Office Landlord to Bolster Portfolio as City Defies Slump
(Bloomberg) — One of Dubai’s largest office landlords is planning to expand its portfolio as the Middle East’s business hub continues to defy a global slump in commercial real estate. Most Read from …
UAE salaries forecast to increase by 4.5% in 2024 – Cooper Fitch
Workers in the UAE are likely to take home higher paycheques this year, as corporates are expected to grant salary increases of around 4.5% in 2024, recruitment specialists Cooper Fitch said.
UAE central bank holds interest rates steady mirroring US Fed move
The UAE central bank maintained its benchmark interest rates on Wednesday night following the US Federal Reserve’s decision to hold overnight interest rates steady within the 5.25%-5.50% range for the …
Seven Lessons Learned From Operating A Franchise In The UAE
And in the dynamic and ever-expanding business landscape of the UAE, operating a franchise can be a challenging -yet rewarding- venture. The UAE is a vibrant business hub that has opened its doors to …
Dubai is third-richest city in BRICS; Sharjah millionaires to surge 120% in 10 years
Dubai is the third-richest city in the recently expanded BRICS bloc, while Sharjah’s millionaire population is forecast to swell by 120% over the coming decade, according to a new report by Henley & …
UAE economy projected to grow by 5.7% in 2024: Official
Al Khoori highlighted that the UAE’s non-oil foreign trade hit a record AED1.239 trillion in the first half of 2023 …
Commercial Bank of Dubai net profit soars 45.2% in 2023
Commercial Bank of Dubai (CBD) on Wednesday announced a record net profit of Dh2.65 billion for the year ended December 31, 2023, up 45.2 per cent year-on-year.
Aussie crypto entrepreneur Sam Lee calls fraud charges “embarrassing”
The Australian has rejected allegations he was the promotor of a scheme that allegedly defrauded investors out of $US1.89 billion.
Telegraph sale: Journalist sacked for being critical warns over UAE ownership
A journalist has revealed how she was sacked for criticising the royal family of the United Arab Emirates as she warned that Telegraph journalists would not be able to speak freely if a planned …
Experience Dubai from the Skies: Helicopter Rides and Tours Now Available
Dubai introduces helicopter rides and tours, offering a unique aerial view of the city’s iconic landmarks. These guided tours provide a safe and exclusive experience, showcasing the architectural …
Sharjah real estate booming as sales pass $7bn and foreign investors, including India, Pakistan, Egypt spend record sums
Sharjah real estate saw the highest activity levels since 2017 and foreign investment activity hit new heights …
Look: Heavy rains lash different parts of UAE
Several parts of the UAE witnessed light to moderate to heavy rainfall late on Wednesday night (January 31) and the early hours of Thursday morning (Februa..
NYPD to send liaisons to Arizona and Colombia to help handle migrant crisis
The NYPD will be sending officers to Tucson, Arizona and Bogota, Columbia to help address the migrant crisis and the flow of drugs and guns pouring through the southern US border bound for the Big …