Khalifa University has teamed up with a global aerospace giant, showcasing strong partnership between the private and public sector …
German multinational bullish on growth prospects in the UAE
The fischer group of companies, a leading German multinational manufacturer known for its fastening products for the construction and DIY industry, expects..
Dubai overtakes Antwerp as India’s rough diamond supplier: GTRI
Chennai: Dubai has overtaken Antwerp in Belgium as the dominant rough diamond supplier to India. The emergence of Dubai has rendered India’s Special Notified Zones in Mumbai and Surat …
Trafigura inks $150m finance deal to ship bulker cargoes out of UAE
Swiss trader and shipowner Trafigura has revealed a new finance deal to support dry cargo shipments out of the United Arab Emirates. The company said it has signed a $150m package over two years for …
Dubai: Gold prices jump to new high after Fed rate cut
At 3pm UAE, gold was trading at $2,588.04 an ounce … the Federal Reserve’s dot plot shows a steeper decline in interest rates than previously forecast by the central bank. This trajectory could …
Are You Being Scammed by the Viral Dubai Chocolate Bar?
If you bought it in the United States, the answer is probably yes.
Dubai real estate: One Development to launch $545m City of Arabia project
UAE real estate newcomer One Development is set to launch its AED2bn ($545m) City of Arabia project in Dubai. The homegrown international boutique developer has offices in Abu Dhabi and Dubai and will …
Hisense accelerates R&D with dedicated centre at Dubai Internet City to deliver tailored innovation for the Middle East
The opening ceremony took place in the presence of several dignitaries, including H.E. Dr Abdul Rahman Hassan Almuaini, Assistant Undersecretary for Intellectual Property Rights Sector … Group and …
Riyadh Cables, Mobily go ex-dividend today
Shares ofTadawul-listedRiyadh Cables Group Co.and Etihad Etisalat Co.’s (Mobily) have their ex-dividend today, Sept. 19, for H1 2024. Track the …
Sharjah expects 180,000 Indian hotel guests by December, a 10% rise from 2023
Sharjah welcomed 165,000 Indian hotel guests in 2023, making India the emirate’s third-largest source market. The Sharjah Commerce & Tourism Development Authority (SCTDA) is ramping up efforts to …
AD Ports Group achieves 2% cut in greenhouse gas emission intensity in 2023
AD Ports Group said it achieved a two per cent reduction in its greenhouse gas (GHG) emission intensity in 2023 to 11.67 kg of CO 2 equivalent per Twenty Foot Equivalent Unit (TEU) from 11.93 kg CO 2 …
In under 3 minutes: Sharjah rolls out the world’s first AI-generated trade licence
Sharjah has rolled out the first AI-generated trade licence in the world which takes only three minutes to get the licence. Mohammed Juma Al Musharrakh, CEO of Sharjah FDI Office, said this new …
Sharjah launches world’s first AI-powered trade licence in 5 minutes
Sharjah has launched the world’s first trade licence issued entirely through artificial intelligence (AI). The ground-breaking step enables entrepreneurs and investors to complete the entire licensing …
Dubai Chambers showcases opportunities and prospects to strengthen global partnerships during annual Diplomatic Circle gathering
Dubai Chambers has successfully held the 12th edition of its ‘Diplomatic Circle’ event. The annual gathering attracted the participation of more than 10 …
Aldar-Mubadala JV to develop $3.5bln luxury waterfront projects in Abu Dhabi
A new joint venture (JV) between Aldar Properties, Abu Dhabi’s largest listed developer, and Mubadala Investment Company, a sovereign fund, will masterplan and develop two upscale waterfront communities off Saadiyat Island and Yas Island. The combined …
Michelin Guide returns with food festival in Abu Dhabi
The second edition of the festival will take place at Emirates Palace Mandarin Oriental from November 22 onwards
UAE Central Bank cuts base rate to 4.90% following US Fed cecision
The Central Bank of the United Arab Emirates (CBUAE) has announced a reduction in its Base Rate by 50 basis points, effective from September 19. The rate, which applies to the Overnight Deposit …