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Month: March 2024

Posted on 12/03/2024

Flash News: OKX Lists Aevo Token on its Spot Market

OKX today announced that it will list the Aevo DEX’s token, AEVO, on its spot market on March 13 at 10:00 AM (UTC). This addition will enable users to trade AEVO against USDT via the AEVO/USDT spot …

Posted on 12/03/2024

Aman Dubai Could Be City’s Priciest Hotel: See How it Compares

During the unveiling of the Aman Dubai this week, chairman and CEO Vlad Doronin said it will “probably” be the most expensive hotel in the UAE. That’s saying a lot in Dubai – a city already home to …

Posted on 12/03/2024

Dubai hotel occupancy and average room revenue up in February 2024

Dubai hotels achieved a 3.4 per cent year-on-year growth in occupancy levels, reaching 90.8 per cent, according to preliminary data for February released by CoStar, a leading provider of global real …

Posted on 12/03/2024

Coffee brand Southpour, by the people behind Pickl, opens in Dubai

Southpour has opened its first branch in City Walk right next to homegrown favourite burger joint Pickl. The new shop claims it will reshape the locally roasted coffee scene with the reigning barista …

Posted on 12/03/2024

Telegraph takeover: News Corp and Mail owner consider joining UAE-backed bid

Rival media groups would dilute RedBird IMI’s stake amid opposition from Tory MPs and peers …

Posted on 12/03/2024

UAE sees over 25% growth in international card spending in 2023

Total spending using international cards in the UAE witnessed a growth of over 25% during the year 2023.J.K. Khalil, General Manager, MENA East, Mastercard, told Emirates News Agency (WAM) that …

Posted on 12/03/2024

UAE Restaurant Mimi Kakushi Serves One Of The Coldest Martinis In The World

Chill out with Mimi Kakushi’s Koro Kakushi Ice Ceremony, a Japanese-inspired frozen martini experience – innovation meets mixology sophistication.

Posted on 12/03/2024

Satellite surveillance of methane pollution worldwide kicks off

The first satellite launched by a nonprofit organization is now circling the globe getting ready to deliver data on methane pollution from oil and gas facilities worldwideThe MethaneS …

Posted on 12/03/2024

UAE weather warning: Dubai moves to yellow alert

It’s been a strange weekend for the weather in Dubai with lengthy storms, water lying on the roads and lightning over Burj Khalifa filling your Instagram feeds. A storm has battered much of the UAE …

Posted on 12/03/2024

Dubai’s $429 Million Parking IPO Sells Out Within Minutes

(Bloomberg) — The Dubai government’s latest initial public offering sold out as soon as books opened, with investors rushing to snap up shares in the city’s public-parking business.

Posted on 12/03/2024

The UAE’s second largest political trial is underway. No one is sure who is being tried

There are no names. There is no detail. There is nothing.” In early December, all eyes were on the UAE, which was hosting the Cop28 climate talks. As tens of thousands of delegates converged in …

Posted on 12/03/2024

Abu Dhabi’s $892 Billion Wealth Fund Boosts Private Credit Bets

Abu Dhabi’s $892 billion sovereign wealth fund is upping its commitment to a real estate private credit fund, the latest sign that deep-pocketed Middle Eastern investors are looking to play a pivotal …

Posted on 12/03/2024

Cheyne Capital wins investment from Abu Dhabi’s ADIA for real estate debt fund

Cheyne Capital has secured investment from a subsidiary of Abu Dhabi’s biggest sovereign wealth fund for its European real estate debt fund, according to a joint statement on Tuesday, as appetite from …

Posted on 12/03/2024

Dubai: Golden Visa demand prompts investors to raise budget, developers to increase unit sizes

Demand for properties valued at Dh2 million has massively increased in the wake of Dubai dropping the requirement of a minimum down payment of Dh1 million ..

Posted on 12/03/2024

India, Pakistan and Egypt lead Dubai business growth as overseas investors set up in UAE

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said: “During the past year, Dubai has consistently attracted foreign direct investment from many different nations and sectors, …

Posted on 12/03/2024

Dubai’s Department of Economy and Tourism honoures members of its Al Safeer Congress Ambassador Programme

Dubai’s Department of Economy and Tourism (DET) has honoured members of its Al Safeer Congress Ambassador Programme for capturing and creating high-profile conferences and congresses for the city in …

Posted on 12/03/2024

Repercussions of recent weather conditions effectively contained thanks to joining forces: Sharjah Police

Additionally, immediate social assistance and support were provided to shelter 202 people, ensuring temporary housing stability.

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