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 …
Indian businesses top the list of nationalities of new companies joining Dubai Chamber of Commerce during H1 2024 with 7,860 new members
A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian inves …
UAE driving licence black points reduction: 6 rules to follow to get penalty slashed
Provided that all terms and conditions are met, four black points registered on the driving licence will be cancelled on September 14. The process is automatic. A certificate of p …
Dubai Diamond Trade Surges to 129m Carats in H1
Trade in rough and polished lab growns at DDE increased 51 per cent year-on-year to 15.9m carats in H1, taking the overall; total for rough and polished, natural and lab grown to 129m carats. The DDE …