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Month: May 2024

Posted on 09/05/2024

UAE: This marketer-turned-baby coach is spreading awareness on positive birth experiences

Parenting isn’t always roses and peaches. Modern conversations on the role of nurturer have already thwarted that myth. But we continue to romanticise the journey to motherhood. How often have we …

Posted on 09/05/2024

UAE and Saudi Arabia IPOs hit $1.2bn in funding in Q1

KSA was again the frontrunner in listing activity in Q1 2024. The country’s largest, and the region’s second-largest, IPO was raised by Modern Mills Company at $724m, accounting for 27.3 per cent of …

Posted on 09/05/2024

UAE’s al-Jaber invites business chiefs to climate talks on eve of COP29

Sultan al-Jaber is planning a final flourish as president of the UN COP28 summit by calling the heads of the world’s largest energy and tech companies for climate talks in Abu Dhabi days before COP29 …

Posted on 09/05/2024

60th Venice Art Biennale: Inside UAE-based artist Abdullah Al Saadi’s studio

Abdullah Al Saadi is one of UAE’s foremost conceptual artists, known for creating art that is both deeply enigmatic and intimately familiar. At heart, however, he remains a diehard wanderer. He’s also …

Posted on 09/05/2024

Dubai real estate: Is it still profitable to invest? experts weigh in

The real estate market in Dubai is thriving, attracting local and foreign investors eager to invest in property for profitable returns. Since last year, property values grew by 20 percent, …

Posted on 09/05/2024

Aldar Properties sells out $1.1bn of Dubai homes at Athlon development in just 48 hours, expats and overseas buyers lead charge

Aldar Properties sold out of the first two phases of its “Athlon” development within 48 hours of launch, generating AED4.1bn ($1.1bn) in sales. The community is Aldar’s second development in Dubai in …

Posted on 09/05/2024

Dubai: Why some investors have put property sales on hold

Many investors are demanding higher rates than earlier for their properties on sale in Dubai South and its vicinity, while many of them have decided to hold off the sales for the time being. Reason: …

Posted on 09/05/2024

Dubai is Middle East’s wealthiest city, New York declared world’s richest

World’s Wealthiest Cities Report, published annually by Henley & Partners, reveals 72,500 millionaires reside in emirate city …

Posted on 09/05/2024

Now, Etisalat mobile customers can record their voice clippings

Instead of typing a text SMS, and send it to other Etisalat mobile users who will receive the SMS notification and the steps to follow to retrieve the voice message. There are no handset …

Posted on 09/05/2024

Expedia to introduce Gen-AI-enabled travel solution to UAE

The announcement comes as the region celebrates a booming $25 billion travel and tourism industry, with the UAE leading the sector growth …

Posted on 09/05/2024

Chinese eVTOL firms speed UAE deployment, seeking new opportunities

Chinese electric aerial vehicle start-up Autoflight Aviation Technology (Autoflight) has completed trial flights of its eVTOL aircraft “CarryAll” in the city of Al Ain, the UAE, the company told the …

Posted on 09/05/2024

Dubai Gets Metaverse Strategy, Plans to Be Among Top Ten Metaverse Economies

Dubai is looking to knit a state-of-the-art metaverse ecosystem to help companies that are offering services related to the technology.

Posted on 09/05/2024

Ajman Bank sets new record jumping to 117.1mln up by 139% profit before tax

His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, “Our strong financial performance in the first quarter of 2024 is a testament to the success of our …

Posted on 09/05/2024

UAE: Etihad Airways reports Dh526 million profit in first quarter

UAE’s Etihad Airways on Thursday said it recorded a profit after tax of Dh526 million in the first quarter of 2024 as compared to Dh59 million in same quarter last year, a significant improvement of …

Posted on 09/05/2024

Dubai: Parkin to build multi-level parking spaces for motorists during unstable weather

The provider may also expand its services to privately owned developments and centres, including shopping malls and commercial hubs …

Posted on 09/05/2024

Euroseas strikes first deal with UAE-based lender to fund newbuildings

Euroseas, a US-listed owner of 26 container ships, has struck its first financing deals with the National Bank of Fujairah (NBF) for two of its newbuildings. The UAE-based lender has extended a $22.5m …

Posted on 09/05/2024

CESTAT Chennai Invalidates UAE Car Valuation Based on Australian Prices

Further, the assessable value was re-determined by the adjudicating authority under Customs Valuation Rules, 2007, due to doubts about the declared value. The adjudicating authority used the value of …

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