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Category: BUSINESS

Posted on 03/05/2023

India to increase exports to UAE to $50b by 2026

ALBAWABA – Indian Commerce Minister Sunil Barthwal said his country hopes to hike exports to the United Arab Emirates to about $50 billion by the fiscal year 2026-2027. Speaking at a public event in …

Posted on 03/05/2023

Dubai: e& announce consolidated revenue of Dh13 billion in Q1 2023

Etisalat by e& on Tuesday announced its consolidated financial results for Q1 2023. The revenues reached Dh13 billion. At constant exchange rates, revenue ..

Posted on 02/05/2023

Mavericks and Timberwolves to Play NBA Preseason Games in Abu Dhabi

The Dallas Mavericks and Minnesota Timberwolves will need their passports in October. The two Western Conference teams will take part in the NBA Abu Dhabi Games 2023, the NBA announced on Tuesday. The …

Posted on 02/05/2023

Mavericks and Timberwolves to go head-to-head in NBA Abu Dhabi Games

Mavericks and Timberwolves will play two preseason games on Thursday, Oct.5 and Saturday, Oct.7 at Etihad Arena on Yas Island in Abu Dhabi.

Posted on 02/05/2023

Charlotte telecom firm Brightspeed lands $500M investment from Abu Dhabi-based Mubadala

Charlotte broadband and telecommunications company Brightspeed has landed a $500 million investment from Abu Dhabi-based Mubadala, it disclosed today. After that investment closes, Mubadala will …

Posted on 02/05/2023

Dallas Mavericks’ dates, opponent set for NBA preseason games in Abu Dhabi

The Dallas Mavericks’ preseason games in October against the Minnesota Timberwolves are part of an international trip for the Mavs that includes an Oct.

Posted on 02/05/2023

UAE’s ADNOC swaps Fujairah for Ruwais as location for LNG export project

Te UAE’s state energy firm ADNOC (ADNOC.UL) said on Tuesday its low-carbon LNG growth project would move forward in the Al Ruwais Industrial City in Abu Dhabi.

Posted on 02/05/2023

Dubai real estate transactions hit $7.2bn in April, 46% up on last year

Dubai’s booming property market saw 8,077 real estate transactions last month Dubai real estate transactions hit $7.2bn in April, 46% up on last year Dubai, Dubai real estate, Property Finder Real Est …

Posted on 02/05/2023

How a Half-Football-Field Sized Plot of Sand in Dubai Sold for a Record-Breaking $34 Million

According to a report by Bloomberg, a patch of sand on a lavish island in Dubai has just sold for an eye-watering $34 …

Posted on 02/05/2023

Dubai businessman acquires big stake in India’s largest stock exchange

A Dubai-based non-resident Indian businessman has acquired a significant stake in National Stock Exchange of India Ltd to become one of the largest individual shareholders of the south Asian nation’s …

Posted on 02/05/2023

Ahmed bin Mohammed stresses free zones’ key role in Dubai development

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second …

Posted on 02/05/2023

Indian exports to UAE set to cross $50b by 2026

India’s exports to the UAE are expected to cross $50 billion by 2026-27 from $31.3 billion at present as the path-breaking free trade agreement between the..

Posted on 02/05/2023

Operation Falafel adds two new outlets to its UAE portfolio

Middle Eastern eatery Operation Falafel has expanded its portfolio with two new outlets and has officially made its debut at the Dubai Hills Mall as well as Enoc – Dubai Festival City. Both outlets …

Posted on 02/05/2023

UAE fuel prices: Bus fares down by up to Dh3 in Sharjah

Based on the fare matrix seen by Khaleej Times, the bus fare from Rolla, Sharjah, to Mall of the Emirates in Dubai is now Dh3 cheaper, from Dh20 to Dh17. The bus ticket price for Route 112 has been …

Posted on 02/05/2023

Dubai’s Emaar reveals ambitious launch of 8 new projects in the coming year

The new properties will be scattered across UAE, Saudi Arabia, and Egypt. Dubai’s Emaar reveals ambitious launch of 8 new projects in the coming year. Address Jabal Omar Makkah, dubai construction, …

Posted on 02/05/2023

xCube launches a new trading platform in the UAE

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 02/05/2023

Wolves, Mavs to play 2 preseason games in Abu Dhabi

Tickets for The NBA Abu Dhabi Games 2023 will go on sale at a later date. Fans can register their interest in receiving more information by visiting NBA.com/AbuDhabi. The NBA Abu Dhabi Games 2023 will …

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