Abu Dhabi: e& UAE has launched a Fibre-To-The-Room (FTTR) high-speed internet solution that supercharges the performance of in-home Wi-Fi networks.
UAE foodtech startup MealPlanet secures $6m funding, eyes Saudi expansion
UAE-based foodtech startup MealPlanet has secured $6m in a seed round. The round was led by regional venture capital firms, including Middle East Venture Partners (MEVP), AlTouq Group, Sanabil 500, …
UAE: Islamic insurance firm records Dh7.9-million profit despite April rains
Five weeks after the unprecedented weather event, Watania Takaful registered 100 per cent of the claims and most were processed within 50 per cent of the usual …
Dubai: Indian businesses top list of new companies in first half of 2024
Emirati companies joining the Dubai Chamber of Commerce during the first half of this year, a recent analysis revealed. A total of 7,860 new Indian companies registered during this period. Pakistan …
Etihad Rail unveils sustainable finance framework in green push
Etihad Rail said its sustainable finance framework was developed in collaboration with First Abu Dhabi Bank and Standard Chartered Bank.
Dubai Summer Restaurant Week 2024 offers discounts at top eateries
Dubai diners will be sitting down to cut-price food at the city’s top eateries as Summer Restaurant Week returns from August 23 to September 1. The Dubai Summer Surprises (DSS) 2024 event will see …
UAE national banks lend $13.48bn to private sector in 5 months
Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 …
Dubai World Trade Centre hospitality division reports 140% increase in guest catering
Dubai World Trade Centre (DWTC) has announced growth of 140 per cent in catering to external events by its hospitality business in the first half of 2024. The results cement its position as a premier …
UAE self-gifting surges 15% as consumers seek emotional support, study reveals
Flowwow said it recorded an impressive 15 percent increase in self-gifting among UAE consumers on a year-on-year basis in the first half of 2024. Experts at Flowwow said the self-gifting phenomenon …
6 months in jail, up to Dhs500,000 fine for disclosing secrets, invading privacy in UAE
It is a crime to record, broadcast or disclose conversations, communication, audio or video material, take, reveal or retain images of others, publish news, electronic or photographic images, scenes, …
Middle East CrisisHamas Says It Will Not Take Part in New Round of Cease-Fire Talks
The United States, Qatar and Egypt are pressuring Israel and Hamas to reach a deal in negotiations on Thursday.
Analysis: High-wire diplomacy on possible Iran retaliation in the Israel-Hamas war draws in world
Iran’s threatened retaliatory strike on Israel over the assassination of Hamas official Ismail Haniyeh drew major world powers into a high-wire act of diplomacy …
Chery UAE Launches Exclusive Trade-In Campaign
Dubai, UAE, 12 August 2024 – Chery, in partnership with AW Rostamani the official distributor of Chery in UAE, is pleased to launch an exclusive trade-in campaign, inviting car owners to upgrade to …
South Korean Company Teams Up with Axiom Space for Bold Space Mission
Boryeong, which has invested in the U.S. space firm Axiom Space, will see Axiom launch its fourth private spaceflight mission next year.
Abu Dhabi’s Eshraq Investments sees Q2 net profit plunge
Abu Dhabi-listed Eshraq Investments posted a Q2 2024 net profit of 3.5 million dirhams ($953,000), down from AED 36 million in the year-ago period. It reported a loss of AED 302 million for the first …
Real Estate Soars High as UAE Shows Astounding Growth Rates
The UAE’s booming real estate market reflects its robust economy, attracting global investors with a strategic location, diverse portfolio, and policy reforms, …
Abu Dhabi Securities Exchange (ADX) Signs Memorandum of Understanding with Armenia Securities Exchange (AMX)
Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, announced today that it has signed a memorandum of understanding …