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Category: BUSINESS

Posted on 25/04/2025

Dubai: 6 major attractions closing for summer 2025

As temperatures steadily rise across the UAE, Dubai’s vibrant outdoor attractions are gradually closing for the summer. While some are pausing operations for seasonal maintenance, others are …

Posted on 25/04/2025

Dubai mourns death of shipping veteran Khamis Juma Buamim

Khamis Juma Buamim, a well-known figure on the Dubai shipping scene for the past 15 years, has died. Close friends expressed shock at Buamim’s death this week, describing it as as sudden and …

Posted on 25/04/2025

Reform UK heads offshore to raise funds from world’s wealthy

Nigel Farage’s Reform UK party is launching a drive to raise funds from wealthy offshore donors in low-tax jurisdictions including Monaco, the United Arab Emirates and Switzerland, taking advantage of …

Posted on 25/04/2025

ICYMI: Key Highlights from Dubai AI Week

The inaugural Dubai AI Week aimed to foster global collaboration around AI as catalyst for smarter governance, stronger economies, and future-ready societies.

Posted on 25/04/2025

Dubai tourism enjoys 3% y-o-y growth during Q1 2025: DCTCM

DUBAI: Issam Kazim, CEO of the Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of the Dubai Department of Economy and Tourism (DET), said that Dubai tourism has enjoyed a 3% year-on …

Posted on 25/04/2025

Dubai CommerCity partners with qeen.ai, Portmind to accelerate AI adoption within free zone

Dubai CommerCity (DCC), the region’s first free zone dedicated to digital commerce, and a joint venture between the Dubai Integrated Economic Zones Authority (DIEZ) and Wasl Properties, today …

Posted on 25/04/2025

Unlocking the future: Why Dubai is becoming a launchpad for AI startups globally

The UAE has achieved a remarkable position among the top 10 countries with the most AI companies per million people …

Posted on 25/04/2025

Ramadan travel to the UAE Up 6% as mid-market tourists redefine spending habits and trip duration

Ramadan 2025 has marked a turning point in how global travelers engage with the UAE, with new data from Visa showing a 6% year-on-year increase in visitors and a sharp shift in both traveler profiles …

Posted on 25/04/2025

Dubai Holding opens new mixed-use lifestyle hub at Nad Al Sheba

Dubai Holding Asset Management, the owner and operator of one of Dubai’s most extensive retail portfolios, has announced the official opening of Nad Al Sheba Mall, thus introducing a vibrant new …

Posted on 25/04/2025

Dubai Fountain Closed? Find Free Alternatives Across UAE

With the Dubai Fountain temporarily closed for a high-tech makeover, many residents and tourists are wondering where to find similar magical moments. The good news? The UAE is home to a variety of …

Posted on 24/04/2025

Commercial Bank of Dubai Q1 net profit rises 18.1%

Commercial Bank of Dubai (CBD) on Thursday reported a net profit after tax result of Dh828 million for the first quarter of 2025, up 18.1 per cent against the prior comparative period. Strong growth …

Posted on 24/04/2025

‘Now You See Me Now You Don’t’ Unveils Abu Dhabi Shoot & Locations

EXCLUSIVE: Lionsgate has unveiled the Emirati capital of Abu Dhabi as a key shooting location for Now You See Me Now You Don’t.

Posted on 24/04/2025

Knicks, Sixers will play preseason games in Abu Dhabi next October

This will be the fourth consecutive year the league has held a preseason game in Abu Dhabi, last season, the Celtics and Nuggets played two games. This matchup is not the only overseas NBA preseason …

Posted on 24/04/2025

Hub71 records $2.17 billion in startup funding as Abu Dhabi rises among global tech hubs

Hub71, Abu Dhabi’s global tech ecosystem, on Thursday announced that in 2024, startups within its purview secured a record $2.17 billion (Dh8.02 billion) in funding; a 44.7% year-on-year increase from …

Posted on 24/04/2025

Sharjah highlights tourism excellence at Arabian Travel Market 2025

Sharjah is preparing to participate in the Arabian Travel Market (ATM) 2025, scheduled to take place from April 28 to May 1, 2025, at the Dubai World Trade Centre (DWTC). Sharjah pavilion, under the …

Posted on 24/04/2025

Oman’s history is rich, honourable and authentic, says Sharjah Ruler Sheikh Sultan

In an interview aired on Sharjah TV, His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, spoke with …

Posted on 24/04/2025

Bank of Sharjah approves consolidated financial statements for year ended December 31, 2024

Bank of Sharjah held its 52nd Annual General Assembly Meeting (AGM) on April 23, 2025. The meeting was chaired by MSalem Al Ghammai, Board member, and attended by members of the Board of Directors, …

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