With revenue soaring and user numbers climbing, speculation swirls about a potential Telegram IPO to fuel further expansion.
British hedge fund trader goes on trial in Denmark accused of £1bn fraud
Sanjay Shah accused of scam that enabled companies he controlled to fraudulently claim tax refunds …
UAE, Saudi economies to reap benefits of diversification
The GCC growth forecast has been revised down to 2.7 per cent from 3.9 per cent three months ago, while non energy-sectors are expected to drive growth in Saudi Arabia and the UAE. Despite the energy …
Pictured: The stunning Dubai shopping mall that claims to be ‘the most visited place on EARTH’, clocking up a staggering 105million visitors in 2023
Emaar founder Mohamed Alabbar claims the new statistics show how the mall has become a global draw, attracting visitors from every corner of the world. He said: ‘These numbers reflect Dubai Mall’s …
Look: Mass iftars, moments of solitude, mouthwatering snacks mark first day of Ramadan in Dubai
Here are some sights from around Dubai on Day 1 of Ramadan when the atmosphere had a sense of brotherhood, friendship and unity …
4-Hour Waits at Immigration and $27 Hot Water: Has American Hospitality Lost the Plot?
Price gouging is widespread. Hidden fees for basic aspects of the booking and guest experience are rampant. A Skift colleague was at a hotel in Las Vegas and wanted to order tea to the room. There was …
Ericsson unveils Augmented Reality capabilities of 5G at LEAP 2024
The massive Swedish telecom company is exhibiting a variety of future services and apps enabled by 5G networks …
UAE-CREF begins operating hurricane-resistant power plant on Antigua and Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) announced that the hurricane-resistant power project developed by Masdar for Antigua and Barbuda to withstand even the fiercest winds, is now …
Dubai real estate prices to increase up to 7% this year after bumper transactions of $117bn in 2023
Soliman Hossameldin, Director of Digital Marketing at D&B Properties, said: “Dubai offers a compelling investment proposition with its strategic location, world-class infrastructure, and dynamic …
Sharjah Excellence Award’s 2023 edition announces participation of 98 economic entities
The Sharjah Excellence Award’s Board of Trustees has announced it has accepted nominations from 44 economic establishments and facilities out of 98 economic entities registering for the Award’s 2023 …
Nigerians in UAE react to false reports of travel ban lift, await visa status clarification
Nigerians in the UAE are grappling with mixed emotions following the debunking of news that the UAE government has lifted its travel …
Watch: Dubai Police rescue family trapped in submerged car
In an exemplary display of preparedness, the Dubai Police’s emergency response team rescued a family trapped in a vehicle submerged in water under a bridge on the Dubai-Al Ain Road. The road under the …
How this UAE model is adding unique ‘Dubai flair’ to his new clothing line
Indian actor and entrepreneur Shreyas Mehta talks about pushing the boundaries of the local fashion scene with his urban street-wear label …
Telegram hits 900mn users and nears profitability as founder considers IPO
In rare interview, Pavel Durov says secretive messaging app is making ‘hundreds of millions of dollars’ from ads business …
Balyasny Hires Portfolio Managers in Hedge Fund Reshuffle
Balyasny Asset Management has hired several portfolio managers as part of a broader restructuring of the hedge fund’s equity trading businesses.
The U.S. Consular Chief Clarifies US Visa Waiting Times In The UAE
Securing a visa for the United States is commonly perceived as difficult due to factors like time constraints and specific requirements. To dispel misunderstandings, Thomas Jung, the chief of the U.S.
How the digital yuan could change the world… for better or worse
China’s digital yuan is probably the world’s leading central bank digital currency. In spite of its high level of development, it is not widely used.