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Month: August 2024

Posted on 12/08/2024

JKIA on list of global airports with top Wi-Fi speeds

JKIA is ranked 25th on upload speeds at 62.13 megabytes per second (Mbps) while holding the 34th position on download speeds at 24.55 Mbps.

Posted on 12/08/2024

UAE’s game-changing tax grouping for multi-group entities

New provision aims to streamline tax management for group companies, making compliance easier and increasing operational efficiency …

Posted on 12/08/2024

Al Fardan Exchange Leads AI Integration in Finance as Key Partner of Dubai AI & Web3 Festival

Al Fardan Exchange is pleased to announce its partnership with the Dubai AI & Web3 Festival 2024, following the signing of a Memorandum of Understanding (MoU) between both parties. This collaboration …

Posted on 12/08/2024

DMCC accounts for 15 per cent of FDI to Dubai

Dubai’s GDP exceedS Dh115 billion in the first quarter of 2024 with its economy growing at 3.2% compared to the same period in 2023 …

Posted on 12/08/2024

UAE economy grows as real estate, tourism and manufacturing thrive: OPEC

OPEC forecasts growth of UAE economy as real estate, tourism and manufacturing thrive The UAE economy continues to demonstrate robust growth, particularly within non-oil sectors such as real estate, …

Posted on 12/08/2024

VAST Data Announces Amy Shapero as Company’s First Chief Financial Officer

August 12, 2024 – VAST Data, the AI data platform company, today named Amy Shapero as its first ever Chief Financial Officer (CFO). As the company prepares for its next stage of growth, this strategic …

Posted on 12/08/2024

Dubai: Parkin Records 26% Jump In Fines Issued During Second Quarter This Year

At the end of the second quarter, Parkin’s net debt position was Dh846.6 million. Including the Murabaha revolving credit facility, which remains fully undrawn, the company has available liquidity of …

Posted on 12/08/2024

Dubai’s HR Forum Pushes for Workforce Upskilling and Reskilling amidst AI Revolution

The Dubai Government Human Resources Department organized the second Human Resources Forum aimed at upskilling and reskilling the workforce. The event, focused on AI and digital transformation, …

Posted on 12/08/2024

An Abu Dhabi-Based Sovereign Wealth Fund Is Investing $1 Billion in Sotheby’s

In a moment in which the art market has arguably reached a new low globally, this news is reason to be optimistic.

Posted on 12/08/2024

An Abu Dhabi-Based Sovereign Wealth Fund Is Investing $1 Billion in Sotheby’s

In a moment in which the art market has arguably reached a new low globally, this news is reason to be optimistic.

Posted on 12/08/2024

UAE: 7th edition of Berklee Abu Dhabi’s PEARL Programme kicks off in September

The Department of Culture and Tourism – Abu Dhabi DCT Abu Dhabi is set to welcome musicians from the UAE and across the Middle East to the seventh edition of

Posted on 12/08/2024

From US to UAE, a French expat’s tale of serial entrepreneurship

The company started operating in Dubai, in 2010. “Dubai has been instrumental in my professional and financial growth. The business-friendly environment and dynamic economy have allowed me to expand …

Posted on 12/08/2024

Dubai: Car- and motorcycle-inspired cafés and restaurants you don’t want to miss

And for the many who live in this vibrant city, the coming together of both these aspects in the form of car- and motorcycle-themed cafés and restaurants is like hitting two targets with one stone.

Posted on 12/08/2024

“I just met this girl” – The Real Housewives of Dubai star Chanel reveals how Rihanna caused a feud between her and Lesa

The Real Housewives of Dubai stars Chanel Ayan and Lesa Milan’s friendship had been jeopardized, but the reason remained unknown.

Posted on 12/08/2024

UAE Central Bank sanctions insurance company for regulatory violations, cites data policy breach

The Central Bank of the UAE (CBUAE) imposed an administrative sanction on an insurance company operating in the UAE. The sanction is pursuant to Article 33 (2) (a) of the Federal Decree-Law No. (48) …

Posted on 12/08/2024

DMCC: Dubai free zone accounts for 15% of FDI, 7% of GDP and targets real estate and AI growth

Dubai free zone DMCC now accounts for 15 per cent of FDI and 7 per cent of DDP in the emirate, according to newly announced key performance results across the first half of 2024. In the first half of …

Posted on 12/08/2024

Next Crypto To Hit $1 in 2024: Top 10 Options

Check out the next crytos that could hit $1. The coins that could break out of $1 include $VET, $DOGE, $ADA, and more.

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