UAE shoppers, jewellers now pin hope on May 10’s ‘Akshaya Trithiya’ for fresh boost When will the next gold rush happen? UAE jewellery shoppers and retailers hope gold prices will see some softening …
Arabian Business Leadership Summit 2024: Hala to share growth story, says CEO
Set to take place on May 22 at the Armani Hotel in Downtown Dubai, the Arabian Business Leadership Summit promises thought-provoking panels, fireside chats, speeches and more
Dubai Spinneys expands size of IPO retail offering
Dubai supermarket chain operator Spinneys, which is planning a 25% stake sale in an IPO, has expended the size of its retail offering following high levels of demand from investors.
Dubai Financial Market reports 171% increase in Q1 2024 net profit (pre-tax), reaching AED 95.6mln
Institutional investors accounted for 65% of trading value.
Spinneys increases UAE retail offering to 7% after ‘significant investor demand’
The total size of the offering remains unchanged at 900 million shares, representing 25 per cent of the company’s total issued share capital …
UAE is fastest growing markets for cryptocurrency adoption in Q1, 2024
The upsurge in the growth of the crypto market in the UAE, in turn, is expected to attract more international and regional crypto companies into the country …
UAE warns to take precautionary measures as country braces for more rain
Government entities say they are ready. UAE warns to take precautionary measures as country braces for more rain. . News.
Esha Oza guides UAE to victory in ICC Women’s T20 World Cup Qualifier
The UAE and Thailand registered impressive wins at the ICC Women’s T20 World Cup Qualifier in Abu Dhabi on Monday. The wins kept alive the teams’ hopes of reaching the semifinals. At Tolerance Oval, …
New terminal project to boost property demand in Dubai South
Dubai’s plans to build a new passenger terminal at Al Maktoum International Airport with a total investment of Dh128 billion ($34.8 billion) is expected to boost demand for both residential and …
9 Fintech Innovators Helping Employers Retain Top Talent
As a business leader in this economy, you know that the best way to retain top talent is not to lose it in the first place. Anything you can do to reduce employee turnover and preserve institutional …
12 cool things to do in Dubai this week
Calling all music lovers, there’s going to be plenty of sweet melodies coming out of Dubai this week. Whether it’s jazz, pop or nostalgia you’re after, artists from all genres will be taking to the …
Not Saudi Arabia, but the UAE May Decide OPEC’s Next Move
Insiders reveal that ADNOC is considering raising production to around 4.85-4.87 million bpd, breaking from the current OPEC strategy.
Explosion kills 6 UAE-backed secessionists in Yemen; al-Qaeda blamed
Six troops linked to a United Arab Emirates-backed secessionist group were killed in an explosion in southern Yemen on Monday. Al-Qaeda militants are blamed for the attack.
UAE, Ukraine conclude trade deal talks, Emirates to help post-war reconstruction
The UAE’s business capital, Dubai … “Ukraine is a bridge for our exports to Europe and an important source for our imports related to food security,” Zeyoudi said in the statement. The pact “will …
DIFC: Dubai home to over 120 of world’s wealthiest families, 206 centi-millionaires and 15 billionaires
Home to more than 120 of the world’s wealthiest families and individuals, with a total net worth exceeding $1tn, DIFC has helped position Dubai as the number one city in MEASA, and among the top 22 cities globally in terms of the wealthiest populations.
US appeals to UAE, others to stop support for Sudan’s warring parties
The U.S. is appealing to all countries – including the United Arab Emirates – to stop support for Sudan’s warring parties, the U.S. envoy to the United Nations said on Monday, warning that a “crisis of epic proportions is brewing.
Emirates Islamic becomes first Islamic bank in region to introduce Fractional Sukuk for investors
Emirates Islamic has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with a minimum investment …