Verition Fund Management is opening an office in Dubai, joining industry heavyweights Millennium Management and ExodusPoint Capital Management who’ve recently expanded to the emirate. Most Read from …
Cable cars, waterfalls, more greenery: This is how Dubai will look by 2040
Emirate launched its first urban plan back in 1960 and is currently in the process of realising its 7th development plan …
A Dubai Mansion With 700,000 Sheets of Gold Leaf
A gilded mansion in Dubai is now the city’s priciest listing. Decorated with 700,000 sheets of gold leaf and 160 columns, the mansion is listed for AED 750 million (US$204.2 million).
Soaring demand helps Dubai top list for luxury property transactions
Soaring demand for luxury homes has propelled Dubai above the more established centres for prime property for the first time, as the Gulf’s business hub post-pandemic rebound continues to attract the …
UAE Property: ‘I want to renew my lease despite agreeing to vacate’
Question: I have been renting an apartment in Dubai for three years. My contract ends in August. Last year, while making the current tenancy contract, my landlord added a clause under “additional …
The only hotel in UAE to run on 100% renewable electricity
FIVE Palm Jumeirah and FIVE Jumeirah Village become first hotels to purchase i-RECs from DEWA’s Mohammed bin Rashid Al Maktoum Solar Park to achieve 100% renewable electricity for 2022. The only hotel …
Abu Dhabi Customs launches new corporate identity
The new identity is in line with Abu Dhabi’s aim of consolidating its position as a world-class customs authority while achieving the emirate’s goal of sustainable development …
Abu Dhabi Islands project: RFP deadline set for Q4 2023
A total of 41 companies and consortiums had submitted EOIs of which 19 have qualified for the RFP stage. Abu Dhabi Islands project: RFP deadline set for Q4 2023. abu dhabi, Abu Dhabi Islands Reverse …
Abu Dhabi’s ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard
Abu Dhabi state holding firm ADQ and Canada’s Bank of Montreal plan to acquire minority equity stakes in Sagard, a global multi-strategy alternative asset management firm with $14.5 billion in assets, …
UAE Corporate Tax: Less than half of businesses prepared to comply with new rules, report says
UAE businesses face challenges in understanding and complying with the new corporate tax framework, survey finds UAE Corporate Tax: Less than half of businesses prepared to comply with new rules, …
UAE: Continental Investments LMD and Finance House solidify partnership
The signing of the agreement was witnessed by Mohammed Abdullah Alqubaisi, founder of Finance House, Ahmed Sabbour, chairman of LMD, and Eng. Amr Sultan, CEO of Continental Investments LMD, alongside …
Sharjah Finance Department launches registration and shipping services 24 hours a day
Sheikh Rashid Al Qasimi inaugurates the self-service facility. The Sharjah Finance Department (SFD) has partnered with “Tahseel” and MBME Group, the UAE’s largest payment aggregation platform, to …
Abu Dhabi’s ADQ acquires minority stake in Canadian investor
Sovereign-wealth investor Abu Dhabi Development Holding Co., (ADQ), and Canada’s Bank of Montreal (BMO) have agreed to acquire minority equity stakes in Sagard, a global alternati
‘Dubai is the new L.A.’: Influencers flock to UAE to max social media followers
Image: Shuitterstock Influencers from across the globe are relocating to Dubai to maximise opportunities for collaboration with other social media icons in the city and in nearby countries. “Dubai is …
UAE: Gold prices plunge in Dubai after Fed meeting
The Dubai Jewellery Group data showed the 24K trading at Dh232.25 per gram on Thursday morning as against Dh233 per gram at the close of markets on Wednesday. Similarly, 22K, 21K and 18K also opened …
AIQ expects double-digit demand growth for AI in the UAE
AIQ, a joint venture between Adnoc and Group 42, expects “double-digit” growth in demand for its artificial intelligence offerings in the UAE in the next few years. The company has seen a surge in AI …
“We Got Funded!” Dubai-Based HR-Tech Platform Alfii Raises US$2.5 Million In A Pre-Seed Funding Round
Dina Mohammad-Laity, co-founder and CTO, Alfii. Source: Alfii The confidence shown by investors has heightened the Alfii co-founders’ hopes to become “the most comprehensive fintech-powered people …