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Month: May 2024

Posted on 22/05/2024

Spinneys launches ‘The Kitchen by Spinneys’ at Dubai Mall

It’s the company’s first-ever standalone food hall concept; A second Kitchen by Spinneys scheduled to open at Creek Harbour later this year …

Posted on 22/05/2024

Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range

Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range DUBAI (Reuters) – Saudi Arabian fintech firm Rasan Information Technology has priced its initial public offering on the local …

Posted on 22/05/2024

UAE’s Wio becomes one of fastest ‘neo-banks’ globally to hit a profit

Wio’s deposits have gone past Dh11b, with SMEs being a sizeable customer base Dubai: The UAE digital-only bank Wio recorded a profit of Dh2 million in 2023, which is also its first full year of …

Posted on 22/05/2024

The Ultimate Fintech Stock to Buy With $500 Right Now

Nu is growing quickly by adding new members and cross-selling new products. Nu has become sustainably profitable through a mix of keeping costs low and generating higher net interest income. U.S …

Posted on 22/05/2024

Burj Khalifa: A look inside Dubai’s tallest building

Dubai’s iconic skyscraper, the Burj Khalifa … Besides this, the Burj Khalifa is also home to the Armani Hotel, which has 160 rooms and runs from levels one to eight. Above the hotel, there are 144 …

Posted on 22/05/2024

First Abu Dhabi Autonomous Racing Not Without Hiccups; But Racing Glory Not The Only Aim

The Abu Dhabi Autonomous Racing League (A2RL) kicked off its inaugural race at the Yas Marina Formula 1 track. While the event showcased cutting-edge technology, there were some hiccups. During …

Posted on 22/05/2024

UAE: Sheikh Shakhbout Medical City inaugurates Centre of Innovation and Medical Simulation

Sheikh Shakhbout Medical City, a member of the PureHealth network, announced on Tuesday the official opening of its Centre of Innovation and Medical Simulation. The inauguration was marked by the …

Posted on 22/05/2024

‘1 million prompters in 3 years’: Dubai launches world’s biggest AI prompt engineering training initiative

Dubai has announced the launch of the world’s first and … stressing that keeping pace with technology trends is key to the success of governments and societies. Sheikh Hamdan added: “We are …

Posted on 22/05/2024

Dubai sees 105% surge in bunkering licences in Q1 2024

Dubai’s maritime sector is thriving with a significant increase in bunkering licences, reflecting growth and efficiency. Dubai sees 105% surge in bunkering licences in Q1 2024. bunkering, dubai, Dubai …

Posted on 22/05/2024

Dubai South and Aldar to develop build-to-suit facility for global logistics firm Kuehne+Nagel

Dubai South’s economic platform supports every conceivable kind of business and industry. The city is also home to Al Maktoum International Airport –the largest airport in the world when complete.

Posted on 22/05/2024

Salem Abdul Rahman enhances chances in Sharjah Int’l Chess Champ.

National team and Sharjah Club player, Salem Abdul Rahman, achieved an important victory, in the eighth and penultimate round of the Masters competition in the Sharjah International Chess Championship …

Posted on 22/05/2024

Abu Dhabi real estate: Rents increase up to 10 per cent, villa sales values outperform apartments

The Abu Dhabi real estate sector shows promising signs of growth in the foreseeable future, with a gradual upward trajectory anticipated in the coming months, according to the Asteco Q1 2024 real …

Posted on 22/05/2024

Paying taxes, $627 for travel: UAE’s non-resident Indians push for overseas voting

Non-resident Indians (NRIs) in the UAE feel excluded due to the inability to vote, denying them a crucial democratic voice in their homeland’s affairs. Many residents are unable to travel to India …

Posted on 22/05/2024

UAE Announces the Groundbreaking of Mohamed bin Zayed – Joko Widodo International Mangrove Research Centre in Indonesia

The UAE achieved a significant milestone in climate action with the groundbreaking of the Mohamed bin Zayed-Joko Widodo Interna …

Posted on 22/05/2024

UAE President, European Council President discuss devts.

President His Highness Sheikh Mohamed bin Zayed Al Nahyan held a phone call today with Charles Michel, President of the European Council, to discuss various aspects of cooperation and collaboration …

Posted on 22/05/2024

World’s ultra-rich to spend $4.4bn to buy property in Dubai

Global high-net-worth individuals (HNWIs) are expected to spend $4.4 billion in buying Dubai property this year, up 76 per cent compared to last year, as demand for luxury homes from the world’s super …

Posted on 22/05/2024

Dubai Metro Red Line Services Disrupted From Al Khail To UAE Exchange Station

Dubai Metro Red Line services were disputed on Wednesday morning, impacting commuters who travel between Al Khail Station and UAE Exchange Station. The transport authorities did not specify the reason …

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