Dubai-based port operator DP World reported Thursday its half-year profits fell by nearly 60%, in part over the ongoing attacks by Yemen’s Houthi rebels …
Payment delays affect UAE economy where Dh18.84 trillion changes hands annually
The UAE last year processed more than Dh18.84 trillion worth of payments of which Dh17.16 trillion was through the Central Bank’s Fund Transfer System (UAEFTS), according to the UAE Central Bank.
Major Leap in UAE-India Financial Ties
The recent launch of UPI RuPay card in the UAE represents a significant step forward in the evolution of digital payments in the region …
UAE-based Arada marks international debut with big Austrialia expansion
Valued at $1.63bln, Arada’s extended pipeline of projects will aim to contribute towards urban renewal required to address the current housing shortage in Australia’s most populous city …
Dubai Chambers signs deal with Bank of China to support investors and enhance bilateral trade
Trade and investment ties between the two markets have been growing steadily, with Dubai emerging as an increasingly attractive destination for Chinese businesses …
Dubai Chambers signs MoU with Bank of China
The signing of the MoU comes ahead of the Dubai Business Forum – China, which will be organised by Dubai Chambers and will take place in Beijing on August 21. The event aims to highlight the diverse …
Tencent-backed Airwallex nears $500 million annualized sales, aims to get IPO-ready by 2026
Payments startup Airwallex is nearing an annual revenue run rate of $500 million and will be ready for an IPO by 2026, CEO Jack Zhang told CNBC.
Fidelity Select Fintech Port
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions …
Saudi transport and logistics sector soars with 275% funding increase
Saudi Arabia’s transport and logistics sector attracted significant venture capital in H1 2024, with a 275% funding surge. Saudi transport and logistics sector soars with 275% funding increase.
Revealed: The new crypto leaders of 2024
Some are already giants, while others are staying under the radar. Meet the 10 individuals making the biggest impact right now on the world of crypto …
10 Dubai restaurants to dine at when you’re not the one paying the bill
Ever dreamt of dining like royalty in Dubai without sweating about the damage? The opportunity to feast while someone else foots the tab? This might be wishful thinking, but one day all that …
9 fine-dining Indian restaurants to book in Dubai
With no dearth of Indian restaurants in Dubai to cater to everyone’s palate, the world of spice has seen a contemporary twist.
World’s Largest Toy Retailer to Open Play Area in Dubai
Dubai is set to get a little more magical as Hamleys, the oldest and biggest toy retailer in the world, launches a new interactive experience at Dubai Hills Mall this August. Hamleys Play promises to …
12 of the best florists for Emirati Women’s Day in the UAE
With Emirati Women’s Day coming up on August 28, 2024, the most natural way to make your special someone feel loved is by sending them a special bouquet. As bouquets have the power to make any moment …
‘World’s largest autonomous trucking network’ is under development in Dubai
Swedish company Einride has signed a deal with DP World to create a fleet of electric and autonomous trucks at Dubai’s Jebel Ali port.
Tommy Fury’s Dubai pal’s MUM forced to deny her daughter’s baby is boxer’s in extraordinary rant
Speculation about why Tommy Fury and Molly-Mae Hague split has been rife, but one of his pal’s mother’s has quickly shut down rumours he fathered her daughter’s child …
Saudi Arabia’s Magnom Properties plans hydrogen-powered skyscraper in Egypt
The hydrogen-powered tower will feature advanced cybersecurity systems, two ultra-fast VIP elevators, and a helipad …