The UAE’s Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has published consultation paper No. 7 of 2024, containing proposals to enhance its regulatory framework to …
How the UAE is building tomorrow’s industries
Today, the UAE boasts dozens of academic institutions, including INSEAD, New York University and its Stern Business School, and Sorbonne University. From these programmes, the next great scientists …
Pure Luxury enables agent pre-registration for new Dubai ‘superyacht-inspired’ resort
Agents can now pre-register bookings for the new Jumeirah Marsa Al Arab resort in Dubai with dnata travel group UK B2B brand Pure Luxury. The new resort, with design influences of a futuristic …
Flavours of the future: How the UAE became a culinary powerhouse
With a collective 21 Michelin stars and five of the region’s six “50 Best Restaurants”, the UAE’s fine dining scene is surging. But so too are restaurants that embrace Emirati traditions, nail global …
UAE insurers’ profits drop in Q2 due to April 16 rain impact, low investment income
The heaviest rains in 75 years resulted in a massive increase in motor and property claims in the second quarter …
NASA releases eye-popping, never-before-seen images of nebulae, galaxies in space
NASA has released dozens of never-before-seen images of cosmic objects from the corners of the universe captured by the world’s most powerful X-ray telescope. The breathtaking images, taken by the …
Dubai property prices compared to Gurugram, Mumbai, Hyderabad, and Bengaluru
Dubai offers numerous advantages over India when comparing real estate investments, making it a compelling choice for those looking to invest in the region.
NASA releases never-seen-before images of Peacock galaxy 25 years after launch of Chandra X-ray Observatory
NASA is celebrating the 25th anniversary of its Chandra X-ray Observatory launch by sharing never-before-seen photos of the largest known spiral galaxy in the universe. The Chandra X-ray …
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Chinese investments in focus as Dubai hosts business forum in Beijing
Chinese investments in Dubai are gaining traction in sectors including logistics, clean energy technologies and artificial intelligence as the East Asian country looks to long-standing partners to …
Dubai welcomed almost 700,000 medical tourists in 2023
This influx of medical tourists contributed to a substantial rise in healthcare spending, which surpassed Dhs1.03bn, up from Dhs992m in 2023 …
UAE gold prices: Is it the right time to buy? Experts weigh in
Despite recent market volatility, gold remains a sought-after safe haven asset as experts weigh its potential in a turbulent economic landscape …
DFM seeks to widen investor base with eToro partnership
Toro, the trading and investing platform, on Monday announced its partnership with Dubai Financial Market (DFM), enabling eToro’s 38 million registered us..
India central bank asks banks to push direct rupee-dirham settlement: Reports
The RBI has not instructed banks to shift all dirham payments to this channel but instead is taking steps to encourage the development of an rupee-dirham market …
UAE court ruling opens door for crypto benefits, not salaries yet
While this decision marks a significant step towards crypto adoption, it stops short of allowing full salary payments in digital currencies …
Dubai Hedge Fund’s $700 Million Debut Set to Bolster City’s Hub Status
Dubai-based Magellan Capital Holdings Ltd. is set to launch a $700 million multistrategy hedge fund next month that will rank among the largest debuts in the United Arab Emirates.
Top of the ops: Dubai medical tourism booming as 691,000 spend over $280m; top procedures revealed
Dubai medical tourism is booming, with 691,000 health tourists spending AED1bn ($280m) last year, according to a recent report by the Dubai Health Authority (DHA). Dentistry, dermatology and …