Abu Dhabi’s ADQ and ADNEC Group have announced the acquisition of a 40.5 per cent stake in Egypt-based Talaat Moustafa Group Holding’s hospitality arm, ICON Group through a capital increase. ADQ and …
Abu Dhabi groups buy 40pc stake in TMG’s hospitality unit
ADQ, an Abu Dhabi-based investment and holding company, and Adnec has announced the signing of definitive agreements for the strategic acquisition of a 40.5% stake in Egypt-based Talaat Moustafa Group …
UAE real estate: 5 trends you need to watch out for in 2024
Abu Dhabi is cementing its reputation as a ‘billionaire haven’ reports Bloomberg. UAE real estate: 5 trends you need to watch out for in 2024 . Amira Sajwani, damac properties, net zero, Palm …
India reduces import of Russian crude oil over pricing
The development has coincided with reports of more than a dozen Russian tankers being diverted from India since December …
Sanctions have had minimal impact on Moscow’s ability to import arms and military equipment – Study
Despite sanctions, Russian imports of military components and equipment have decreased only slightly the U.S.-funded news outlet Radio Free Europe / Radio Liberty (RFE/RL) reported on Jan. 12, citing …
Sharjah International Footgolf Tournament set for exciting finale
The Sharjah Golf and Shooting Club is set to host the finale of the second edition of Sharjah International Footgolf Tournament on Saturday, marking the culmination of the Sharjah’s Week of the Stars.
Prize draw firms compete to be UAE’s sole operator
Prize draw companies in the UAE have applied to become the country’s sole operator, senior figures from the firms confirmed. Both Mahzooz and Emirates Draw have registered their intent to run the …
UAE, Jordan, Egypt, Bahrain, Morocco to strengthen industrial integration
The fourth meeting of the Higher Committee of the Industrial Partnership for Sustainable Economic Development held in Manama, Bahrain in the presence of Shaikh Khalid Bin Abdulla Al Khalifa, …
Unveiling Dubai’s vast business horizons: A gateway to success
Dubai, a city famed for its towering buildings and dynamic economy, serves as a key business gateway, strategically connecting the East and West for entrepreneurs’ commercial success.
The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play
After the COVID pandemic got over, the real estate market has been going from strength to strength with affluent Indians also looking outside the country to make investments. Sample this – as per a …
Labour is coming for your wealth – here’s where to escape their taxes
If you are looking to give your children a top-quality education abroad, Switzerland is well worth considering. The tax-haven has a world-beating reputation for quality schools, including Le Rosey, …
Brother of woman bludgeoned to death with a hammer by her Gulf News editor husband in their Dubai home slams ‘pathetically short sentence’ after it emerges killer was freed …
Him and Jane were well-known members of Dubai’s large British expat community. Matthew was a part of the Dubai Offshore Sailing Club while his London-born wife taught at an English language school.
Sharjah Children announces its 2024 programmes agenda
Sharjah Children,” affiliated with the Rubu’ Qarn Foundation for Creating Leaders and Innovators, announced its programme agenda for the year 2024, including a number of interactive workshops, …
UAE tourism 2024: Hotel revenue boost, Dubai Tripadvisor award, new airline destinations and more
The UAE’s tourism sector achieved positive performance indicators, with hotel revenues in the country reaching AED32.2bn ($8.8bn) during the period from January to September 2023, showing a growth …
UAE’s top AI group denies ties to Chinese government amid US scrutiny
UAE’s top AI group G42 denied allegations of ties to the Chinese government and military, emphasizing its global partnerships, including those with Chinese companies, as standard in the tech industry.
UAE shares dip on escalating Mideast conflict
Stock markets in the United Arab Emirates ended lower on Friday amid rising tensions in the Middle East as the United States and Britain launched strikes against Houthi military targets in Yemen.
Dubai real estate: What is the future of luxury property in the UAE?
Dubai’s luxury real estate is more than just buildings; it’s a powerhouse for our economy. It boosts sectors like tourism and hospitality, which lifts our city. And with prices expected to rise by 5 …