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Month: July 2024

Posted on 08/07/2024

UK judge brings end to JPMorgan’s dispute with Greek fintech founder

A London High Court judge has brought to an end a feud between JPMorgan and the founder of a Greek fintech that the bank part-owns, opening up the possibility of a sale of the business.

Posted on 08/07/2024

Prime properties: 190 deals over $10m recorded Dubai in H1; supply drops

The dramatic rise in demand and corresponding supply crunch in the prime residential market in Dubai reflect its appeal among the global elite …

Posted on 08/07/2024

Aldar, Dubai Cares to provide10,000 children with essential school kits

DUBAI, 8th July, 2024 (WAM) — Aldar Properties has announced that it is contributing AED1 million to a new partnership with Dubai Cares that will provide 10,000 children from low-income families …

Posted on 08/07/2024

Dewa’s IPWP model draws $11.8bn investments in 10 years

Dubai Electricity and Water Authority’s (Dewa) adoption of the Independent Power and Water Producer (IPWP) model has contributed to attracting investments worth AED 43.6 billion ($11.87 billion) over …

Posted on 08/07/2024

The Dubai Metro expansion and 5 other ways Dubai is going green

Dubai is implementing new rules, projects and modes of transport to make the city as eco-friendly as possible – checkout how you can get involved …

Posted on 08/07/2024

The Dubai Metro expansion and 5 other ways Dubai is going green

Dubai is implementing new rules, projects and modes of transport to make the city as eco-friendly as possible – checkout how you can get involved …

Posted on 08/07/2024

INTERVIEW: Dubai’s short-term rental market booms amid strong investor interest

“Technology will play a bigger role in guest management, and unique accommodations will be in high demand, further propelling the market forward.” She said the firm is looking to expand within the UAE …

Posted on 08/07/2024

Dubai real estate: Super-rich snap up $10mn+ luxury homes amid market boom, creating supply crunch

Listings for properties over $10 million have dropped 65.5% in the last year, with only 460 now available as Dubai real estate continues to attract the world’s wealthy …

Posted on 08/07/2024

Dubai: Veteran Indian businessman Ram Buxani dies

Indian businessman Dr Ram Buxani passed away in Dubai. He was 83. He died following an incident at his home around 1am on …

Posted on 08/07/2024

Eximbank to finance $150m for UAE solar power project

The state-run Export-Import Bank of Korea said Monday that it will provide $150 million in project financing for a major solar power generation project in the United Arab Emirates, the first of such …

Posted on 08/07/2024

Dubai’s high-end property sales undented by drop in listings, consultancy says

The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report showed on Monday, as demand from the …

Posted on 08/07/2024

Prominent Indian businessman Ram Buxani dies in Dubai at 83

Buxani, previously the chairman of ITP Cosmos Group, arrived in Dubai in November 1959 when he started his career as an office assistant at the age of 18 …

Posted on 08/07/2024

Dubai: Ukrainian, Russian students unite to create design now part of school uniform

W hile Russia and Ukraine may be , two young innovators from these countries have joined hands at a Dubai school, transforming their classroom project into a product that is now part of the school …

Posted on 08/07/2024

Dubai Media and NEP Group Partner to Boost Capabilities

The goal is to leverage the digital tools, technology, and human resources provided by the group to support Dubai Media’s external broadcast operations within and outside the UAE. This will enhance …

Posted on 08/07/2024

DEWA attracts projects worth $11.8bln through IPWP model over 10 years

Through this model, DEWA has achieved the lowest Levelised Cost Of Energy (LCOE) in the world in solar energy projects, making Dubai a global benchmark for solar energy prices. “The regulatory and …

Posted on 08/07/2024

How Dubai’s Revibe aims to revolutionise the market for refurbished devices

Revibe, a Dubai-based refurbished electronics retailer, was launched with a strong motivation to address a pressing environmental issue. Co-founder Hamza Iraqui was struck by the massive amount of …

Posted on 08/07/2024

Jebel Ali Beach Development Project gets green light; see details

Dubai’s coastline is set to transform with the approval of the Jebel Ali Beach Development Project by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Chairman of The …

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