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Category: BUSINESS

Posted on 15/01/2025

Former Liverpool star, 34, moves away from football for luxury property business worth millions

A FORMER Liverpool captain has opened up a luxury property business in Dubai as he continues his transition away from football. Mamadou Sakho, 34, has launched his career as an entrepreneur after …

Posted on 15/01/2025

Dubai restaurants to profit from Chinese New Year as tourists, expats drive demand

With Chinese New Year just around the corner, F&B establishments in Dubai are set to bank from the increased footfall and rising revenue due to growing demand from the city’s vast expat population …

Posted on 15/01/2025

Azizi Arian project launched in Jebel Ali Free Zone

Azizi Developments, a leading private developer in the UAE, has launched Azizi Arian, an aspirational living concept located within the Jebel Ali Free Zone (Jafza).

Posted on 15/01/2025

SOCAR paid $285 mln for 3% stake in offshore UAE concession acquired from ADNOC

BAKU. Jan 15 (Interfax) – The State Oil Company of Azerbaijan Republic (SOCAR) paid $285 million for last year’s acquisition of a 3% stake in the SARB, Umm Lulu, Bin Nasher and Al Bateel offshore …

Posted on 15/01/2025

Etihad Cargo operates over 300 flights from Ezhou to Abu Dhabi

Etihad Cargo and SF Airlines operate seven weekly flights from Ezhou to Abu Dhabi, ensuring seamless connections to global markets and bolstering capabilities for specialised cargo, including …

Posted on 15/01/2025

UAE and New Zealand trade to triple after Cepa deal

The UAE’s Cepa programme, launched in September 2021, aims to increase its non-oil trade to $1.1 trillion in value by 2031 and double the size of its economy to over $800 billio …

Posted on 15/01/2025

‘In many ways the UAE embodies the nexus of next’ – ADSW

The UAE showcases its transformation from desert nation to renewable energy pioneer through groundbreaking initiatives and a $6 billion solar megaproject, while addressing crucial challenges in global …

Posted on 15/01/2025

Arab Health 2025: Dubai event to showcase $780bn healthcare market

According to insights from Verified Market Research the consumer healthcare market size was valued at $360bn in 2023 and is projected to reach $780bn by 2030, growing at a CAGR of 8.8 per cent during …

Posted on 15/01/2025

Small town investors take fancy to Dubai property

Property developers in Dubai are noticing a significant rise in inquiries from residents of smaller Indian cities due to escalating property prices in Delhi and Mumbai. Indians, especially from Tier 2 …

Posted on 15/01/2025

UAE: Sharjah Police Return Nearly Dh33 Million To Individuals, Resolve Financial Disputes

Nearly Dh33 million have been successfully returned to their rightful owners through Sharjah Police’s Peace is Goodness initiative in 2024, Shar …

Posted on 15/01/2025

UAE: Paid Parking Announced In Sharjah’s Kalba City Starting February 1

Sharjah’s Kalba city will start implementing the paid parking system starting February 1, the Kalba municipality announced on Tuesday.

Posted on 15/01/2025

BEEAH announces Middle East’s first waste-to-hydrogen plant in Sharjah

In collaboration with the Ministry of Energy and Infrastructure (MoEI) and Chinook Hydrogen from the UK and Air Water Inc. from Japan, the plant is expected to unlock a new avenue for the production …

Posted on 15/01/2025

Dubai court orders Drake and Scull’s ex-CEO, official to pay Dh152-million compensation

DSI shares rose 1.38 per cent at the opening of the markets on Wednesday, becoming the most active stock in the early trade …

Posted on 15/01/2025

Malaysian Tycoon Lim Han Weng’s Yinson Raises $1 Billion From Abu Dhabi Fund, Others

Malaysian tycoon Lim Han Weng’s Yinson Holdings is raising $1 billion from investors that include a unit of Abu Dhabi Investment Authority to fund its oil and gas business and bankroll renewable …

Posted on 15/01/2025

UAE and New Zealand trade set to triple after Cepa deal

The Cepa will unlock economic opportunities for Kiwi businesses, secure preferential access for our primary sector exporters, and strengthen supply chains with a key partner in …

Posted on 15/01/2025

Gold smugglers using multiple air carriers with smaller quantities to minimise losses

Seizures of smuggled gold from air passengers by the Directorate of Revenue Intelligence (DRI) in the last two years have shown a particular trend – smugglers using multiple carriers to transport …

Posted on 15/01/2025

Look inside the new Mama Shelter Dubai: Here’s how you can get 50% off a night stay

Located in Business Bay, Mama Shelter Dubai features 197 rooms, each designed with maximum relaxation in mind. That means 100 percent satin cotton sheets, five-star bedding and organic bathroom …

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