The Virtual Assets Regulatory Authority (VARA) fined OPNX 10,000,000 UAE dirhams ($2.7 million) and its executives 200,000 UAE dirhams (around $54,000) each for violations.
Dubai’s DP World posts 10% fall in H1 profit, flags uncertain trade outlook
Dubai’s state-owned ports giant DP World said on Thursday its first-half profit fell nearly 10% from a year earlier, even as revenue climbed nearly 14%, and flagged an uncertain outlook for trade.
Dubai Chamber of Commerce discusses future of private notary office services and their positive impact on various business sectors
sharing insights and ideas for simplifying the notarisation process and advancing the profession to support Dubai’s dynamic business community. Mohammad Ali Rashed Lootah, President and CEO of Dubai …
EXPERIENCE THE COOLEST VIBES AT THE CITY’S FAVOURITE SEASONAL FESTIVAL – DUBAI SUMMER SURPRISES
While the summer break might be drawing to a close and schools are gearing up to reopen, the excitement is far from over at Dubai Summer Surprises. T …
Rupees for UAE oil, but Russia prefers payment in hard currencies to fund its ongoing war in Ukraine
The fact that India’s refiner, Indian Oil Corporation, paid in rupees for the purchase of a million barrels of oil from the Abu Dhabi National Oil Company is good news for the country’s energy …
Protectionism to take centre stage at Abu Dhabi WTO meet
in Abu Dhabi in February, an official aware of the development said. Many developing nations, including India, are set to oppose the European Union’s (EU’s) carbon border adjustment mechanism (CBAM) …
Dubai Airport prepares to welcome back UAE residents
Dubai Airports is working closely with airlines, control authorities, and commercial and service partners to ensure a seamless airport journey for guests.
IndiGo launches flights from Ahmedabad to Abu Dhabi and Jeddah
IndiGo introduces new UAE and Saudi Arabia flights IndiGo launches flights from Ahmedabad to Abu Dhabi and Jeddah Abu Dhabi, Ahmedabad, India, IndiGo, Jeddah Transport
Watch: UAE-based businessman Yusuff Ali reunites with classmates after 52 years, donates over Dh200,000 to alma mater
UAE-based businessman M. A. Yusuff Ali returned to his school in the Indian state of Kerala for an emotional reunion with his classmates and former teacher..
Multi-billion Dollar Joint Venture to Launch ‘Empire Developments’, Set to Enter UAE Real Estate Market
Dubai-based EssKay Holdings and Peace Home Real Estate business conglomerates jointly venture into UAE’s real estate market and all set to l …
Dubai using x-ray robots and AI to boost construction
“This is part of Dubai Municipality’s efforts in adopting digital and competitive business systems, applying pioneering AI technologies, and adopting digital solutions that enhance the quality of …
Dubai Chamber of Commerce receives a total of 75 mediation cases during H1 2023
Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has revealed that it received a total of 75 mediati …
UAE freezone sees boom in Chinese interest amid $200bn trade target
As UAE looks to boost China trade to £200bn by 2030, RAKEZ is attracting interest from various sectors UAE freezone sees boom in Chinese interest amid $200bn trade target China, RAK, RAKEZ, Ras Al Kha …
Dubai industrial space records strong H1 demand
Industrial and logistical space in Dubai recorded the strongest demand on record in the first half of 2023, mainly driven by companies relocating their operations to Dubai from other locations, a …
UAE to finance Egypt’s wheat imports for five years in deal worth $500m
The deal comes after Egypt entered negotiations with the UAE over the supply of wheat following the collapse of the Black Sea Grain Initiative.
Shop for Free Tuesday at City Centre Deira Tomorrow!
Back by popular demand during the final week of Dubai Summer Surprises (DSS), the first 1,000 visitors who shop at any two stores at City Centre Deira during ‘Shop for Free Tuesday’ on July 31 …
Dubai’s 30 most famous buildings, from Burj Khalifa to Museum of the Future
Dubai’s architecture is one of its stand-out features and has helped propel the emirate to international recognition. The city’s skyline is recognisable in an instant, with the world’s tallest …