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Posted on 16/05/2024

Daniel Kinahan was ordered to pay €2.5m to former business partner by Dubai courts in 2021, records show

Daniel Kinahan was ordered by a Dubai court to pay millions of euro to a former business associate over a failed business venture, legal records show. However, the 46-year-old Dublin man, who has been …

Posted on 16/05/2024

Staybridge Suites Dubai Business Bay partners with renowned photographer Gerry O’Leary

Staybridge Suites Dubai Business Bay embodies more than just a place to stay; it’s a narrative of interconnectedness and belonging. Renowned for his mastery of light and composition, Gerry O’Leary has …

Posted on 16/05/2024

Dubai-listed Amanat Holdings considers IPO of education platform

DUBAI: Dubai-listed Amanat Holdings is considering options for its education platform, including a potential regional initial public offering (IPO), the company said in a statement on Wednesday.

Posted on 16/05/2024

Hedge funds are racing to set up in Abu Dhabi and Dubai. It’s not only about the money.

Capital from the Middle East might not come to your hedge fund’s new Dubai office, but plenty of portfolio managers will.

Posted on 16/05/2024

Blue Owl and State Street join the rush to Dubai

State Street, Blue Owl Capital and Point72 have joined a host of leading finance names setting up shop in the Middle East, as an influx of talent to the region continued in the first quarter.

Posted on 16/05/2024

UAE: New app seeks to facilitate installment payments for small businesses

Initially rolling out operations in the UAE, the platform plans to expand globally in the coming quarters, aiming to simplify financial management, enhance efficiency, and drive growth. Special …

Posted on 16/05/2024

Mastercard and ABHI collaborate to fuel UAE’s Financial Landscape

Mastercard has collaborated with ABHI, an embedded finance platform backed by Hub71, to strengthen financial payments landscape across the UAE.

Posted on 16/05/2024

Sharjah real estate transactions hit $463m in April

Sharjah real estate transactions reached AED1.7bn ($463m) in April 2024, according to official data. There were a total 1,632 transactions across 6.5 million square feet of total sales transaction …

Posted on 16/05/2024

Abu Dhabi’s Waha Capital more than doubles Q1 net profit to $45mln

Abu Dhabi investment management firm Waha Capital has more than doubled its Q1 net profit attributable to shareholders to AED 166 million ($45.2 million). Its private investments business recorded AED …

Posted on 16/05/2024

11 amazing things to do in Abu Dhabi this weekend: May 17 to 19

Abu Dhabi weeks may be fun, but the weekends are even more fun. You’ll see, just from this list. Three days, unmissable events, foodie experiences, outdoor fun and more. Thank God it’ll be Friday soon …

Posted on 16/05/2024

The UAE’s announced a new 10-year blue visa – what is it and how can you get one?

There’s a new long-term residency visa available to people who want to live in the United Arab Emirates. On Wednesday May 15, the UAE government announced the new blue visa following a cabinet meeting …

Posted on 16/05/2024

The most sought-after UAE technology jobs and how much they pay

As organisations in the UAE intensify investments into digital transformation and innovation, demand has surged for skilled professionals in many technology-related roles, recruitment specialists say.

Posted on 16/05/2024

UAE offers ‘Blue Residency’ for climate heroes

The UAE cabinet has approved the implementation of the National Youth Agenda 2031 and the introduction of the “Blue Residency”, a 10-year residency granted to individuals who have made extraordinary …

Posted on 16/05/2024

UAE: Afghan expat tops subject in CBSE exams, hopes to represent home country in media

Zahra Abdul Razaq is the first Afghan girl in the UAE to top a subject in an Indian school. The 17-year-old got a centum in Mass Media studies in the recently released CBSE board examination results.

Posted on 16/05/2024

Egypt receives second payment of $14bn from UAE

Egypt received $14bn from the UAE on Wednesday as a second payment for the development of Ras al-Hikma peninsula, a cabinet statement said. The deal with Abu Dhabi sovereign fund ADQ to develop the …

Posted on 16/05/2024

Dubai Police Honours Indian Boy Who Returned Tourist’s Lost Watch

According to information provided on the website, Younis received an award from Brigadier Khalfan Obeid Al Jallaf, the director of the Tourist Police department, in recognition of his noble deed …

Posted on 16/05/2024

Dubai office sector thrives in Q1 2024 amid strong regional activity

Business-friendly initiatives, such as full foreign ownership and changes in residency visa rules, continue to attract overseas investors and businesses …

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