Deem Finance, a UAE-based, digitally-driven financial services provider, is pleased to announce a pioneering collaboration with Daman Investments, thereby becoming the first institution to participate …
Banks in UAE close 11 branches due to cost-reduction strategies
A report by the Central Bank indicates that the number of bank branches operating in the UAE decreased from 493 at the end of the first half of 2023 to 482 by the end of the first half of 2024.
Elton enters Dubai real estate market with project in Meydan Avenue
October 28, 2024; Dubai, UAE – Elton Real Estate Development (Elton), a dynamic and visionary developer, is thrilled to announce its entry into Dubai’s thriving property market with its prestigious …
Middle East Tensions: Satellite Image Of Damaged Iranian Military Base Surface; UNSC Schedule Meeting To Stop Israeli Airstrikes
Supreme Leader Ayatollah Ali Khamenei, Iran’s ultimate decision-maker, was also measured in his first comments on the strike Sunday. He said the attack “should not be exaggerated nor downplayed,” and …
UAE: Sheikh Sultan establishes Energy Council in Sharjah
New entity will boost economic growth by diversifying energy sources His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah Image Credit: WAM Sharjah: His …
Middle East
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, …
London’s loss is Dubai’s gain: Fears of UK non-dom tax law change triggers influx of real estate buyers
The change in the UK law will keep demand for prime and super-prime luxury properties in Dubai strong through the last quarter of this year and into 2025, an expert believes …
London’s loss is Dubai’s gain: Fears of UK non-dom tax law change triggers influx of real estate buyers
The change in the UK law will keep demand for prime and super-prime luxury properties in Dubai strong through the last quarter of this year and into 2025, an expert believes …
Good Energy receives takeover proposal from Dubai-based group
Renewable energy specialist Good Energy has been approached by a Dubai-based technology group with a takeover proposal, while also revealing an acquisition of its own. The “unsolicited” approach has …
Vietnam, UAE should work harder to reach trade target of $10B: PM
Prime Minister Pham Minh Chinh met with UAE Minister of Economy Abdulla Bin Touq Al Marri in Abu Dhabi on Monday, urging both nations to implement bilateral agreements to achieve a two-way trade …
UAE Business Owner Sues Ex-Worker for Opening Company Next Door
A woman who owns a laundry shop in UAE filed a lawsuit in Fujairah Federal Court, seeking the closure of a competing laundry business opened by her former …
Lulu IPO: Retailer aims to raise up to $1.43bn from Abu Dhabi listing
UAE retail major Lulu Group is aiming to raise up to Dh5.27 billion ($1.43 billion) from its initial public offering in Abu Dhabi, which would make it the largest listing in the UAE so far this year, …
UAE investment firm Seventy Ninth Group doubles funding to $648k for UK metals explorer amid soaring gold prices
The increase from £230,000 to £500,000 reinforces The Seventy Ninth Group’s strong commitment to supporting First Class Metals PLC’s exploration initiatives …
‘Came to UAE when my daughter was 9’: Visa amnesty allows woman to go home after a decade
On September 1, the UAE announced a two-month long amnesty which gave hopes to thousands of people who have been living illegally in the country …
Addleshaw Goddard advises Effecta Compliance on sale of UAE & UK Businesses to ACA Group
The deal is reflective of an increased focus on the UAE as a potential market for financial services firms looking to expand their international footprint …
Multichain Enterprise AI Platform Atua (TUA) Converts Reserves into Bitcoin
Atua AI’s conversion to Bitcoin aligns with its strategy to protect reserves through decentralized assets that are more resistant to regulatory scrutiny and market volatility. Bitcoin, as the most …
Arada Unveils W Residences in Dubai Harbour
Dubai Arada has officially launched W Residences at Dubai Harbour, marking a significant addition to the luxury real estate market in the UAE. This vibrant three-tower complex is designed to offer …