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Posted on 31/07/2024

UAE, Saudi Arabia lead the way as MENA M&A deals reach $49.2 billion

The two countries were involved in 152 of 321 deals worth $9.8 billion; Cross-border M&As accounted for 87% of total deals …

Posted on 31/07/2024

Dubai leads cities where rental growth was strongest in first half of 2024: real estate firm Savills

In the Savills Prime Residential World Cities index published on Monday, the real estate firm said Dubai was ahead with a phenomenal 12.1% rental growth, more than three percentage points ahead of …

Posted on 31/07/2024

UAE: Why some residents swap their smartphones for ‘dumb’ ones

Some UAE residents are ditching their smartphones for ‘dumb phones’ to regain digital balance, as research has shown that screen addiction is the “number one non-substance addiction” worldwide.

Posted on 31/07/2024

India’s Independence Day: 10 Indian Restaurants in Dubai

As India’s Independence Day is here, Dubai’s vibrant dining scene offers an array of Indian restaurants where you can celebrate with delectable dishes and a festive atmosphere. Whether you’re craving …

Posted on 31/07/2024

Dubai’s Latest Innovation: A Luxury Hotel For Fitness Lovers

SIRO, a new hotel brand launched by Dubai-based Kerzner International, parent company of Atlantis and One&Only resorts, has a clear focus. Centered around five biohacking pillars—fitness, recovery, …

Posted on 31/07/2024

How the ‘Real Housewives of Dubai’ Are Rescuing Bravo From Darkness

Dubai” star Chanel Ayan and Bravo production tell Obsessed how the show recovered from a middling first season and what they’ve learned from the other shows’ toxic mistakes.

Posted on 31/07/2024

UFC Abu Dhabi Fight Card Preview, Odds & Predictions: Ferguson Vs. Chiesa

Everything you need to know about the UFC Abu Dhabi bout between Tony Ferguson and Michael Chiesa, which takes place on Saturday on ABC.

Posted on 31/07/2024

Dubai Financial Market announces 74% rise in Net Profit (pre-tax), for the first half of 2024 to AED 195.4 Million

Dubai Financial Market (DFM) today announced its consolidated financial results for the period ended 30 June 2024. Net profit before tax grew to AED 195.4 million, marking a significant 74% increase …

Posted on 31/07/2024

Man who gave mule accounts to Dubai-based crooks held

A man from Hassan, Karnataka, was arrested for facilitating cyber fraud by providing mule accounts to Dubai-based criminals. The fraudsters used these accounts for siphoning money through online …

Posted on 31/07/2024

UK millionaires flee to Dubai amid tax hikes and economic uncertainty

The United Arab Emirates (UAE) is poised to retain its status as the world’s premier destination for wealthy individuals, with a record net inflow of 6,700 millionaires expected by the end of 2024, …

Posted on 31/07/2024

Dubai Firms Take Control of LNG Tankers Earmarked for Russia

The changes in ownership suggest the emergency of a ‘shadow’ of LNG tankers linked to the Russian trade and with Dubai as their nexus.

Posted on 31/07/2024

UAE Raises Capacity at Offshore Oilfield as It Aims for 5 Million Bpd by 2027

ADNOC has increased oil production at its SARB field by 25% through the implementation of AI technology, bringing the UAE closer to its target of 5 million bpd by 2027.

Posted on 31/07/2024

Large-Scale Evacuation: Over 85 Palestinians Receive Critical Medical Care in Abu Dhabi

Over 85 sick and severely injured Palestinians, including 35 children, were evacuated from Gaza to Abu Dhabi for specialized medical care. This joint effort, supported by the WHO and UAE, marks the …

Posted on 31/07/2024

UFC Abu Dhabi Preview: Sandhagen vs. Nurmagomedov, Magomedov vs. Oleksiejczuk

Following a trip to Manchester, England for UFC 304, the UFC heads to Abu Dhabi this week for a UFC Fight Night event that goes down at the Etihad Arena.

Posted on 31/07/2024

Synapse’s collapse has frozen nearly $160M from fintech users — here’s how it happened

The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse operated a service …

Posted on 31/07/2024

TFSF Pulse Enhances Alternative Payment Options To Drive Merchant Adoption

In an era where digital transactions are becoming the norm, TFSF Pulse remains at the forefront of the evolving digital economy by continuously offering payment methods designed to meet the diverse …

Posted on 31/07/2024

Russia will use cryptocurrency to handle backlogged payments to allies amid Western sanctions: reports

Moscow tried to tackle its financial needs by shifting over to ally currencies, but struggled to skirt the threat of secondary sanctions due to the use of dollars and euros globally.

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