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Month: July 2024

Posted on 31/07/2024

Canceled meeting between US and UAE throws fresh scrutiny on Microsoft-G42 deal

All a simple misunderstanding, we’re told A meeting intended to allay fears that Emirati AI firm G42’s deal with Microsoft could result in China accessing advanced US technology was reportedly …

Posted on 31/07/2024

Dubai real estate: Property developer announces new luxury Samana Avenue project in Dubailand

Samana Developers has unveiled its latest project, ‘Samana Avenue’, in the Dubai Land Residence Complex located at Dubailand …

Posted on 31/07/2024

Dubai real estate: Is it the right time to invest in buying a villa?

With Dubai’s property market booming in 2024, is now the right time for investors to buy villas into the emirate’s sought-after residential segment?

Posted on 31/07/2024

Dreaming of retiring in Dubai? Here are the steps to secure your long-term visa

Dubai appeals not only to young, affluent individuals but also to retirees seeking a comfortable lifestyle. The city offers a range of modern apartments and luxurious villas within vibrant communities …

Posted on 31/07/2024

Active Registered Companies in DIFC Exceeds 6K for 1st Time

The number of active registered companies in the Dubai International Financial Centre (DIFC) has surpassed 6,000 for the first time, marking a 24% growth in the first half (H1) of 2024.Read More: …

Posted on 31/07/2024

M2 ADGM announces a new, secure and seamless UAE bank account integration for UAE residents to buy and sell virtual assets

Speaking on the addition, CEO of M2 Stefan Kimmel said, “Through this compliant integration, UAE residents can enjoy the familiarity of their existing and trusted banking services, coupled with the …

Posted on 31/07/2024

UAE’s biggest healthcare entity PureHealth posts Dh1 billion net profit in the first half of 2024

Image Credit: Supplied Abu Dhabi: UAE’s largest healthcare entity, PureHealth Holding PJSC, announced Wednesday a 53 per cent year-on-year increase in revenue to Dh12.5 billion for H1 2024, resulting …

Posted on 31/07/2024

UAE, Saudi Arabia lead the way as MENA M&A deals reach $49.2 billion

The two countries were involved in 152 of 321 deals worth $9.8 billion; Cross-border M&As accounted for 87% of total deals …

Posted on 31/07/2024

Dubai leads cities where rental growth was strongest in first half of 2024: real estate firm Savills

In the Savills Prime Residential World Cities index published on Monday, the real estate firm said Dubai was ahead with a phenomenal 12.1% rental growth, more than three percentage points ahead of …

Posted on 31/07/2024

UAE: Why some residents swap their smartphones for ‘dumb’ ones

Some UAE residents are ditching their smartphones for ‘dumb phones’ to regain digital balance, as research has shown that screen addiction is the “number one non-substance addiction” worldwide.

Posted on 31/07/2024

India’s Independence Day: 10 Indian Restaurants in Dubai

As India’s Independence Day is here, Dubai’s vibrant dining scene offers an array of Indian restaurants where you can celebrate with delectable dishes and a festive atmosphere. Whether you’re craving …

Posted on 31/07/2024

Dubai’s Latest Innovation: A Luxury Hotel For Fitness Lovers

SIRO, a new hotel brand launched by Dubai-based Kerzner International, parent company of Atlantis and One&Only resorts, has a clear focus. Centered around five biohacking pillars—fitness, recovery, …

Posted on 31/07/2024

How the ‘Real Housewives of Dubai’ Are Rescuing Bravo From Darkness

Dubai” star Chanel Ayan and Bravo production tell Obsessed how the show recovered from a middling first season and what they’ve learned from the other shows’ toxic mistakes.

Posted on 31/07/2024

UFC Abu Dhabi Fight Card Preview, Odds & Predictions: Ferguson Vs. Chiesa

Everything you need to know about the UFC Abu Dhabi bout between Tony Ferguson and Michael Chiesa, which takes place on Saturday on ABC.

Posted on 31/07/2024

Dubai Financial Market announces 74% rise in Net Profit (pre-tax), for the first half of 2024 to AED 195.4 Million

Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended 30 June 2024. Net profit before tax grew to AED 195.4 million, marking a significant 74% increase …

Posted on 31/07/2024

Man who gave mule accounts to Dubai-based crooks held

A man from Hassan, Karnataka, was arrested for facilitating cyber fraud by providing mule accounts to Dubai-based criminals. The fraudsters used these accounts for siphoning money through online …

Posted on 31/07/2024

UK millionaires flee to Dubai amid tax hikes and economic uncertainty

The United Arab Emirates (UAE) is poised to retain its status as the world’s premier destination for wealthy individuals, with a record net inflow of 6,700 millionaires expected by the end of 2024, …

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