Dubai’s Roads & Transport Authority has invited banks to pitch for roles on the planned initial public offerings of its taxis and parking businesses, according to people familiar with the matter.
Dubai records $2.7bln in weekly real estate transactions
A total of 3.030 real estate and properties transactions valued at AED 9.9 billion were conducted during the week ending 20th July 2023,according to the Dubai Land Department (DLD). The DLD weekly …
UAE has fastest mobile internet in the world
Ookla’s Speedtest Global Index ranks UAE first in mobile internet speeds UAE has fastest mobile internet in the world Etisalat, Etisalat UAE, mobile internet connectivity, Mobile internet speed, UAE T …
Masdar issues US$750 million green bond to invest in solar projects
UAE state-owned renewable energy developer Masdar has launched its first US$750 million 10-year green bond, with the proceeds being used to invest in renewables, including solar and wind projects.
DEWA and Sungrow explore adopting clean energy technologies
is the largest single-site solar park in the world based on the Independent Power Producer (IPP) model. It supports the Dubai Clean Energy Strategy 2050 and the Dubai Net Zero Emissions Strategy 2050 …
UAE residents will no longer be able to share Netflix passwords from today
Starting today, UAE residents will no longer be able to share Netflix passwords outside their homes, Khaleej Times has learnt. The streaming giant’s password-sharing crackdown has officially reached …
Netflix crackdown: UAE residents cannot share passwords starting today
A customer service representative from Netflix confirmed the enforcement of this restriction. “Now, only members living in the same house can share passwords and use the same account,” the …
UAE serves as ‘perfect launchpad’ to test new technologies before scaling them up globally: Experts
Multiple government entities are working on a regulatory framework to adopt and embrace new technologies that will make the country a global hub for innovation …
UAE announces special focus at COP28
The United Nations Climate Conference (COP28) is set to take place in the UAE in November and December UAE announces special focus at COP28 climate action, climate change, climate crisis, COP28, Dubai …
Sulmi EB-One: First-ever e-motorbike created in the UAE hits the grit
One, the first e-motorbike entirely designed and built in the Emirates. The high-performance electric offering was unveiled at a ceremony at the company’s headquarters before an audience of VIPs, …
Court Declared Super Tax As Illegal | Breaking News | GNN
He expressed his deep grief and sorrow over the martyrdom of policemen in the blast incident. He prayed to Allah Almighty to rest the departed soul in eternal peace and grant courage to the bereaved …
UAE residents mourn loss of beloved Business Bay park; developer assures amenities will be relocated
For nearly a decade, a sprawling park has served as a green oasis amid the concrete jungle for residents of The Executive Towers community in Business Bay … In response to residents, Dubai …
Dubai: Where Global Events and Business Converge Successfully in Style
Why Dubai, having established itself as a business, financial and tourism hub, is also an attractive global hub for events …
Dubai transport authority invites banks to pitch for IPO of taxi business – sources
Dubai’s Roads and Transport Authority (RTA) has invited investment banks to pitch for roles in the planned initial public offering of its taxi business, two sources with knowledge of the matter told …
Private banking heats up in the Middle East
Wealth management had a tough 2022. Assets under management fell across the board, undermined by global uncertainty. But one region is not struggling. More wealth than ever is being formed in the …
Abu Dhabi Commercial Bank second-quarter profit jumps 23% amid growth momentum
Abu Dhabi Commercial Bank, the third-largest UAE lender by assets, reported an annual 23 per cent jump in its second-quarter profit as net interest and Islamic financing income surged amid continued …
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
Crypto trading platform Bitget plans to expand into the Middle East and hire up to 60 new members of staff, the company said on Thursday. The company said it has already opened an office in downtown …