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Month: August 2024

Posted on 14/08/2024

UAE self-gifting surges 15% as consumers seek emotional support, study reveals

Flowwow said it recorded an impressive 15 percent increase in self-gifting among UAE consumers on a year-on-year basis in the first half of 2024. Experts at Flowwow said the self-gifting phenomenon …

Posted on 14/08/2024

6 months in jail, up to Dhs500,000 fine for disclosing secrets, invading privacy in UAE

It is a crime to record, broadcast or disclose conversations, communication, audio or video material, take, reveal or retain images of others, publish news, electronic or photographic images, scenes, …

Posted on 14/08/2024

Middle East CrisisHamas Says It Will Not Take Part in New Round of Cease-Fire Talks

The United States, Qatar and Egypt are pressuring Israel and Hamas to reach a deal in negotiations on Thursday.

Posted on 14/08/2024

Analysis: High-wire diplomacy on possible Iran retaliation in the Israel-Hamas war draws in world

Iran’s threatened retaliatory strike on Israel over the assassination of Hamas official Ismail Haniyeh drew major world powers into a high-wire act of diplomacy …

Posted on 14/08/2024

Chery UAE Launches Exclusive Trade-In Campaign

Dubai, UAE, 12 August 2024 – Chery, in partnership with AW Rostamani the official distributor of Chery in UAE, is pleased to launch an exclusive trade-in campaign, inviting car owners to upgrade to …

Posted on 14/08/2024

South Korean Company Teams Up with Axiom Space for Bold Space Mission

Boryeong, which has invested in the U.S. space firm Axiom Space, will see Axiom launch its fourth private spaceflight mission next year.

Posted on 14/08/2024

Abu Dhabi’s Eshraq Investments sees Q2 net profit plunge

Abu Dhabi-listed Eshraq Investments posted a Q2 2024 net profit of 3.5 million dirhams ($953,000), down from AED 36 million in the year-ago period. It reported a loss of AED 302 million for the first …

Posted on 14/08/2024

Real Estate Soars High as UAE Shows Astounding Growth Rates

The UAE’s booming real estate market reflects its robust economy, attracting global investors with a strategic location, diverse portfolio, and policy reforms, …

Posted on 14/08/2024

Abu Dhabi Securities Exchange (ADX) Signs Memorandum of Understanding with Armenia Securities Exchange (AMX)

Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, announced today that it has signed a memorandum of understanding …

Posted on 14/08/2024

Indian businesses top the list of nationalities of new companies joining Dubai Chamber of Commerce during H1 2024 with 7,860 new members

A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian inves …

Posted on 14/08/2024

UAE driving licence black points reduction: 6 rules to follow to get penalty slashed

Provided that all terms and conditions are met, four black points registered on the driving licence will be cancelled on September 14. The process is automatic. A certificate of p …

Posted on 14/08/2024

Dubai Diamond Trade Surges to 129m Carats in H1

Trade in rough and polished lab growns at DDE increased 51 per cent year-on-year to 15.9m carats in H1, taking the overall; total for rough and polished, natural and lab grown to 129m carats. The DDE …

Posted on 14/08/2024

Abu Dhabi’s ADQ reportedly plans to acquire Bank Audi’s Turkish unit

ADQ, the smallest of Abu Dhabi’s three sovereign wealth funds, is reportedly exploring the acquisition of the Turkish unit of Lebanon’s Bank Audi as entities based in the GCC seek to expand their …

Posted on 14/08/2024

GTN appoints Ahmad Abouardini, Saxo Bank veteran, as new Middle East Relationship Manager

“We are delighted to welcome Ahmad to our company,” said Damian Bunce, CEO of GTN Middle East. “Ahmad has extensive regional experience and a deep understanding of the Middle East market. He will be …

Posted on 14/08/2024

UAE: How to get medical fitness certificate for residence visa renewal

Getting a medical fitness certificate is mandatory for residents in the UAE to renew as well as obtain a residency permit in the …

Posted on 14/08/2024

Kelp DAO Launches ‘Gain Vault’ with First Integrated L2 Access

Kelp DAO, a liquid restaking platform is launching the ‘Kelp Gain Vaults’ Program. The program enhances earning potential of airdrops and rewards for restakers and users, being the first project …

Posted on 14/08/2024

Villa Cafés: The new trend transforming Dubai’s social scene

Find out how villa cafés are transforming the coffee scene with their unique design, artisanal menus, and focus on creating inviting, communal spaces …

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