Discovered in 2021 by Dragon Oil, the Al Wasl field in North Safa is the largest oil discovery in the Gulf of Suez region in the past two decades. Dragon Oil commences crude oil production at Al Wasl …
Dubai couples are getting married faster than the rest of the world
Caroline Ralston, founder and CEO of Dubai-based Proposal Boutique, planned 310 marriage proposals in 2023, a 10 percent increase from 2022. She expects engagements in the region to rise by around 25 …
Dubai Scraps 30 Percent Tax on Alcohol to Woo More Tourists
In a further liberalization of regulations to attract more tourists, Dubai has scrapped the 30 percent municipality tax on alcohol. Also, tourists and expats will no longer need to pay a fee to …
Fintech Firm Alipay+ Announces Initiative to Streamline Shopping Experience for International Visitors to Dubai
Dubai Duty Free, which claims to be one of the largest travel retail operators, announced its partnership with Alipay+ in order “to power a seamless travel …
Region’s Trescon to redefine role of technology – Group CEO
The company hosted a total of 17 future tech events in 2023, which included 15 trailblazing showcases and two government initiatives, Dubai FinTech Summit and Future Sustainability Forum …
BJP reacts to assault on probe agency officials; sneak peek of Abu Dhabi’s 1st temple
Supporters of TMC leader Sheikh Sajahan allegedly attacked Enforcement Directorate (ED) officers and damaged their vehicles on Friday. The BJP’s West Bengal unit president Sukanta Majumdar has …
Dubai Social Agenda 33; Saudi Arabia megaprojects; billionaire ‘doomsday’ bunkers – 5 trending stories to read today
On Thursday, Arabian Business covered some of the most happening stories in the region, which included Sheikh Mohammed announces new $56bn Dubai Social Agenda 33 plan, the requirements to become a …
Dubai unveils $56bln strategy to double Emirati families in 10 years
Dubai has launched a multibillion-dollar social welfare strategy that seeks to double the number of Emirati families in ten years.
With in-form stars on hand, Korea to take on Iraq in final Asian Cup tuneup in Abu Dhabi
With their top stars enjoying productive campaigns in Europe, Korea will face Iraq on Saturday in the United Arab Emirates in their final tuneup match before the Asian Football Confederation (AFC) …
UAE billionaire behind Dubai Mall once had cake shop, clothing store that failed
Did you know that the founder of Emaar properties, Mohamed Ali Alabbar, had a clothing store and cake shop before he got the chance to build Dubai Mall? In a video uploaded on social media the …
Glander International Bunkering Appoints Head of Offshore
Danni Gregersen will be responsible for shaping the firm’s offshore division, and overseeing performance and growth of its teams across the globe.
Gold prices in Dubai Today Thursday 4 January 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Thursday, January 4, opened at a selling price of AED 7514.77 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE on …
After Salik and Dubai Taxi, newly-formed Parkin could launch IPO next: Experts
Creation of the new company could be a step towards preparing for public offerings as authorities are keen to develop the local stock market …
Triterras collaborates with Oman-based Mamun
Triterras to provide short-term lending solution to MSMEs and white-label trade finance platform to the banks in the Sultanate of Oman and to introduce Direct Debit Payment Technology developed by Mam …
SeaWorld® Yas Island, Abu Dhabi’s interactive submersible brings an ocean of fun to students
The Marine Life Theme Park combines awe-inspiring visuals and interactive learning to provide a novel experience for the younger generation.
Sharjah Award for Voluntary Work calls for innovative volunteer initiatives in its 21st edition
The Sharjah Award for Voluntary Work (SAVW), in its 21st edition, encourages government entities to compete in its three awards designed to drive positive change through innovative volunteer …
UAE megaprojects: 20 developments in Dubai, Abu Dhabi and Sharjah
The UAE is renowned across the globe for its megaprojects. These are defined by the Project Management Institute as large-scale, complex ventures that typically cost more than $1 billion and take many …