The 49-year-old father of two who works at a gas plant in Oman, received a phone call from his daughter in Dubai informing him of his win … Gyan plans to use his windfall to start his own business …
Aidan J. Sullivan: Sharjah through the eyes of Sultan bin Ahmed Al Qasimi, the emirate’s beloved son
SHARJAH, UAE, Feb. 15, 2023 /PRNewswire/ — At the 7th annual edition of the International Photography Festival ‘Xposure’ the exhibition “Sharjah, by Sultan Al Qasimi” is an ode to the emirate’s …
Arada of Sharjah increases USD50M by repurchasing its current USD450M sukuk
(MENAFN) Arada, a developer of residential and commercial properties in Sharjah, has completed a USD50 million second tap of its USD450 million sukuk, which was issued and traded on the London Stock …
Emirate of Sharjah starts selling debut sustainable bonds – IFR
DUBAI – The government of Sharjah, one of the seven United Arab Emirates, has begun taking orders for a sale of nine-year sustainable bonds denominated in U.S. dollars, fixed income news service IFR …
Xposure International Photography Festival gathers the world’s best photographers in Sharjah
SHARJAH, UAE, Feb. 15, 2023 /PRNewswire/ — The 7th edition of the Xposure International Photography Festival, organized by the Sharjah Government Media Bureau (SGMB), opened its biggest edition yet …
Abu Dhabi’s economy records fastest growth in MENA region last year
Abu Dhabi’s economy continues to flourish, with strong growth in the non-oil sector driving a 10.5 percent year-on-year expansion in the first nine m …
Brevan Howard Picks Abu Dhabi as Middle East Regional Hub
Brevan Howard Asset Management opened an office in Abu Dhabi and plans to relocate several senior executives to lead its expansion in the Middle East.
Abu Dhabi’s Hub71 unveils new ecosystem to support Web3 start-ups
In the ecosystem, start-ups will also have market access in the form of customers or corporations, VCs [venture capital firms] that invest in Web3, blockchain infrastructure and exchanges like …
Abu Dhabi Fund for Development, IFC to support investments in clean energy transition
Abu Dhabi Fund for Development, IFC will support investments in emerging markets related to the clean energy transition among other projects …
Growth and sustainability need to be synonymous, UAE minister says
Sarah Al Amiri, UAE minister of state for advanced technology, speaks to CNBC’s Dan Murphy at the World Government Summit in Dubai on growth and sustainability in the United Arab Emirates.
Dubai’s Emaar announces net profit rise of 80% to Dhs6.8bn, riding on record property sales
Dubai’s Emaar has announced that the revenue it earned in 2022 amounted to Dhs24.9bn ($6.8bn). Earnings before interest, taxes, depreciation, and amortisation (EBITDA) and net profit for 2022 …
Dubai Parks and Resorts launches new inflatable park
Dubai Parks and Resorts, the Middle East’s largest theme park destination, has launched JumpX, an enormous new inflatable park located at Riverland Dubai. Opening to the public on February 17, the …
Dubai: Woman fined Dh62,000 for taking luxury motorbike by claiming she was mute
A 37-year-old Arab women was sentenced to three months in jail and fined Dh62,000 for duping an Asian man into selling her a luxury motorbike — by claiming she was mute. Records from the Dubau …
Wealth resurgence offers opportunities
“We expect to see a similar trend this coming year as more hedge fund managers are opting to relocate to Dubai, given the emirate’s good infrastructure, low taxes, and light regulation.” Due to the …
Dalio Says China’s Winning Trade War With US But Clash Avoidable
Ray Dalio, the founder of hedge fund Bridgewater Associates, said China is coming out on top in the trade war with the US, though the standoff between the world’s two biggest economies likely won’t …
Dubai’s Shuaa Capital more than doubles Q4 profit on ‘strategic transformation’
Shuaa Capital, an investment banking and asset management firm based in Dubai, has reported that its fourth-quarter net profit more than doubled annually amid a continued focus on its “strategic …
Opinion: The impact of UAE’s strengthened financial crime enforcement
The UAE has been investing and setting up regulatory bodies specialising in financial crime, particularly, the Executive Office of Anti-Money Laundering and Counter Terrorism Finance …