DUBAI, 7th November, 2024 (WAM) — Dubai has been ranked the top city in the Middle East and Africa in the ‘Global City Index 2024’ report issued by Brand Finance.
UAE Central Bank announces M-Bills auction on November 11
ABU DHABI, 7th November, 2024 (WAM) — The Central Bank of the UAE (CBUAE) on Thursday announced an auction of Monetary Bills (M-Bills) on 11th November. According to CBUAE data, the auction includes …
How AIOKA is shifting into top gear for top-tier global campaigns
This year, AIOKA played a key role in helping OKX, one of the world’s leading cryptocurrency exchanges, launch its platform in Dubai. OKX is the first major global exchange to serve both retail and …
Al Habtoor completes super structure works on 49-storey Dubai tower in Marina
A 49-storey tower in the heart of Dubai Marina, it features 2 to 4-bedroom apartments, townhouses and penthouses, all with private beach access. Each residence boasts breathtaking views of Dubai …
REDTAG’s flagship City Centre Deira store makes its delightful customer experiences
Dubai, UAE: REDTAG, the region’s favourite homegrown value fashion and homeware brand, is running a “Super Value 4 for 90 AED” offer, beginning on Sunday, the 26th of September; at its City Centre …
A new entertainment hub is coming to Dubai
New Covent Garden at Mall of the Emirates. This multifaceted arts and entertainment hub, brought to us by Majid Al Futtaim, is set to offer a dynamic, all-encompassing experience for UAE residents and …
Why Don’t Delta & American Airlines Fly To The UAE?
Delta Air Lines has not flown to Dubai since February 2016, and American Airlines has never flown to the United Arab Emirates. Because of the growth in this region, it is peculiar that two of the …
Bravo Hits Pause On ‘The Real Housewives Of Dubai’ After Two Seasons
Bravo has put a pause on The Real Housewives of Dubai after two seasons, Deadline has confirmed. The most current season of the series starred Chanel Ayan, Sara Al Madani, Carolina Brooks, Lesa Milan, …
‘The Real Housewives of Dubai’ put on ‘pause’ after 2 seasons
“RHODubai,” which served as the first International iteration of the “Real Housewives” franchise, now joins the likes of “Summer House: Martha’s Vineyard” and “Winter House” — the former series was …
Dubai to increase sewage system fees for the first time in 10 years
Dubai Municipality has approved a revised sewerage fee structure, which will be implemented in stages over the next three years, the authority announced on..
Emirates posts $2.4 billion half-year profit in UAE’s first corporate tax year
Emirates, the world’s biggest long-haul airline, posted a first-half profit after tax of Dh8.7 billion ($2.4 billion), in the first financial year that the UAE corporate income tax is applied to the …
Emirates Group First-Half Profit Drops 8% on Corporate Tax
Emirates Group, operator of the world’s largest long-haul carrier, reported an 8% decline in first-half profit after the United Arab Emirates introduced a corporate tax.
Most Gulf Central Banks Follow Fed Lead and Cut Key Interest Rates
The Gulf’s oil and gas exporters generally follow the Fed’s lead on rate moves as most regional currencies are pegged to the U.S. dollar; only the Kuwaiti dinar is pegged to a basket of currencies, …
UAE Central Bank cuts interest rates after US Federal Reserve decision
The UAE Central Bank reduced its benchmark interest rate by 25 basis points, after the US Federal Reserve’s move on Thursday to cut rates to improve business conditions as inflationary pressures ease.
Emirates Group reports AED9.3 billion profit after tax in 6 months
The Emirates Group today announced its best-ever half-year financial performance, posting a profit before tax of AED10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, surpassing its …
Jebel Ali port to stay key component of Dubai’s progress
The port of Jebel Ali is likely to continue to be a key component of Dubai’s transport and logistics sector, and shape the future of the emirate as a global logistics hub, a report said on …
UAE-Australia Cepa to boost bilateral trade to more than $15 billion
For the UAE, known primarily for its vast oil reserves, securing these critical resources is a forward-looking move that will help fuel the next phase of its development.The Cepa is expected to propel …