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Month: July 2024

Posted on 16/07/2024

India-UAE CEPA could lead to over Rs 63,000 crore of revenue loss as imports of precious metals, diamonds surge

A report by Global Trade Research Initiative has called for an urgent review of the provision to prevent exploitation of tariff clauses …

Posted on 16/07/2024

Ammar Ibrahim: A Visionary Investor And Philanthropist Making Waves In Dubai

Ammar’s business acumen and industry knowledge have allowed him to build a broad and varied investment portfolio, earning him recognition as a visionary investor in the region.

Posted on 16/07/2024

Abu Dhabi National Hotels taps banks for catering unit’s IPO – Bloomberg

Abu Dhabi National Hotels (ADNH) has reportedly tapped banks for a planned initial public offering (IPO) of its catering unit amidst a flurry of share sales in the UAE capital.

Posted on 16/07/2024

Multibagger SME IPO: IT company’s shares up 150% from IPO price; do you own?

Quicktouch Technologies is an information technology company. Its IPO was launched in April 2023. The counter has more than doubled investors money from the IPO price. On Tuesday, it zoomed 10 per …

Posted on 16/07/2024

Hedge Fund Segantii Has Returned More Than 90% of Client Money

Segantii Capital Management Ltd. has returned more than 90% of its client capital, according to people familiar with the matter, less than two months after the hedge-fund firm told investors that it …

Posted on 16/07/2024

Central Bank of UAE’s gold holdings, balance sheet reach over USD5.54B

The UAE Central bank reported a substantial increase of approximately 12 percent in its gold holdings over a span of four months, reaching over 20 billion dirhams (approximately USD5.45 billion) by …

Posted on 16/07/2024

Dubai schools pack 9,000 school kits for underprivileged children

The school community from 12 schools across Dubai has packed 9000 school kits for children from low-income families in the UAE as part of the second …

Posted on 16/07/2024

Dubai real estate: Property market records 48% increase in Q2 2024 transactions

According to the latest market report from Betterhomes, Dubai saw 40,584 property transactions worth AED104 billion in Q2 2024, representing a 49 percent increase compared to the same period last year …

Posted on 16/07/2024

Egypt Will Have eSIM in 2 Months: ICT Minister

Egypt will roll out eSIM services for the first time within the next two months, Minister of Communications and Information Technology, Amr Talaat, confirmed to Asharq News on 15 July.”We are …

Posted on 16/07/2024

Planning on buying a property in the UAE? 10 important things to know

Buying a property is a big decision! This is your one-stop guide to navigating the property sale search in Dubai. Here, Farah Ali, real estate senior sales specialist at Espace uncovers everything you …

Posted on 16/07/2024

Planning on buying a property in the UAE? 10 important things to know

Buying a property is a big decision! This is your one-stop guide to navigating the property sale search in Dubai. Here, Farah Ali, real estate senior sales specialist at Espace uncovers everything you …

Posted on 16/07/2024

AURAK research paper delves into how Intelligent Transportation Systems are powering the smart traffic revolution

G and IoT enable vehicle-to-vehicle and vehicle-to-infrastructure communication, and use Intelligent Traffic Lights and Mobility Prediction for smoother traffic flow …

Posted on 16/07/2024

Dubai real estate: Property market shows continued growth in June, says report

Dubai’s real estate sector demonstrated ongoing expansion in June, according to the latest report from Engel & Völkers Middle East.

Posted on 16/07/2024

Heka Trading unveils Lumenis technologies in the UAE

The joint event with Lumenis showcased the revolutionary technologies that are set to transform the aesthetic and wellness landscape in the region …

Posted on 16/07/2024

UAE’s National Bonds expands Al Manassah sukuk trading platform with United Arab Bank partnership

Since its inception in 2013, Al Manassah platform has processed AED189 billion worth of transactions, with more than AED27 billion facilitated in 2023 …

Posted on 16/07/2024

UAE: AURAK joins regional study on smart traffic and transportation technology

The study focused on Intelligent Transportation Systems powered by 5G and the Internet of Things, which are poised to take smart traffic management to the next level …

Posted on 16/07/2024

Dubai Customs enhances its competitiveness by obtaining ISO37001 Certification for Anti-Bribery

As a recognition of Dubai Customs’ commitment to professional integrity and transparency in applying the best standards and practices of anti-bribery management in all its customs services and …

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