The UAE’s proactive promotion of the circular economy, particularly through initiatives like the National Circular Economy Policy, Ne’ma, and the Year of S..
India’s SBI aims to sell its Yes Bank stake, worth $2.2 billion
Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. Sumitomo Mitsui is a unit of …
UAE national banks lend $13.48bln 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 …
UAE visa amnesty 2024: Will overstaying expats face ban after changing status?
Residence visa violators in the country will be given a chance to start anew when theon September 1. They will be able to and fly home without having to pay their fines — but will they face a ban?
Top 10: Fintech Regulators
Discover the top 10 global fintech regulators shaping the industry, ensuring secure innovation and protecting consumers worldwide …
Fintech firm FlapKap and logistics giant Aramex collaborate to turbocharge SME funding
fintech solution that has been founded by Ahmad Coucha and Khaled Nassef in 2022. Born in Cairo, Egypt; the young powerhouse has spread rapidly to the larger MENA region and is now headquartered in …
MENA Startups Secures $355 Million in July 2024
Startups in the Middle East and North Africa (MENA) region raised $355 million in July 2024, marking a 206% month-on-month (MoM) increase and over 260% growth year on year (YoY). This recovery comes …
World’s most futuristic motorway ‘The Spine’ to be built in Dubai with shopping mall & robo-trams running between lanes
DUBAI has unveiled breath-taking plans for the world’s most futuristic motorway with a shopping mall and robo-trams. Dubbed The Green Spine the state-of-the-art “high line” will be 40 miles long and …
Dubai Resident Gets Scammed Over Viral Dubai Chocolate
The viral Dubai chocolate has taken the world by storm, but not without its share of scams. The original creator, Fix Dessert Chocolatier, has seen a surge in demand for their famous chocolate bars, …
Before Mark Kelly became a senator, he made millions speaking and consulting
Before Mark Kelly emerged as one of the lead contenders for VP on the Democratic ticket, the former astronaut earned more than a million dollars on the speaking circuit.
D&B Properties onboards plus 20 Emirati real estate agents
Following “The new strategic partnership to support Dubai Real Estate Brokers program” with Dubai Land Department …
Saudi firm plans hydrogen-powered skyscraper in Egypt’s new capital
A Saudi-controlled real estate firm says it plans to break ground early next year in Egypt’s new capital on a $1 billion, 50-storey office tower that aims to be the first of its kind to be powered by …
E& UAE launches Fibre-To-The-Room, boosting Wi-Fi performance for high-speed internet services
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.