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Posted on 16/03/2024

Dubai: With rents Dh10,000 cheaper, Torch tower residents stay on despite multiple fires

Considering that Dubai Marina is top-tier urban neighbourhood with glitzy skyscrapers, ‘the rent here is significantly lower compared to other buildings in the area’ …

Posted on 16/03/2024

Mohammed bin Rashid mandates incorporation of ‘Nakheel,Meydan’ into Dubai Holding Group under leadership of Ahmed bin Saeed Al Maktoum

Under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Nakheel and Meydan will join forces with Dubai Holding in an effort to sustain and …

Posted on 16/03/2024

Nakheel and Meydan merge under umbrella of Dubai Holding

Real estate companies Nakheel and Meydan have been merged under the umbrella of Dubai Holding, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, announced on Saturday.Nakheel and Meydan …

Posted on 16/03/2024

What Does the UAE Get for Its $35 Billion Investment in Egypt?

The UAE’s deliberations before deciding to invest — as relayed by more than a dozen diplomats, officials and other insiders — show how the Gulf power is using its deep pockets to turn a buck while …

Posted on 16/03/2024

Nakheel, Meydan Set to Become Part of Dubai Holding, Ruler Says

State-owned developers Nakheel and Meydan are to become part of Dubai Holding, according to the emirate’s ruler Sheikh Mohammed bin Rashid al Maktoum. Sheikh Mohammed has directed the inclusion of …

Posted on 16/03/2024

Revenue Growth, Service Expansion Raise Profits of Saudi Telecom Companies in 2023

Telecommunications companies listed on the Saudi Stock Exchange (Tadawul) achieved a 16.8 percent growth in their net profits by the end of 2023, bringing their profits to SAR 16.8 billion ($4.5 …

Posted on 16/03/2024

Abu Dhabi Crown Prince visits Supreme Council for motherhood, childhood to mark Emirati Children’s Day

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of Abu Dhabi Executive Council, has visited the Supreme Council for Motherhood and Childhood in Abu Dhabi to mark …

Posted on 16/03/2024

UAE cryptocurrency investors realised gains worth $204m in 2023

Investors in the UAE realised capital gains worth $204 million from their cryptocurrency investments last year, according to a new report by blockchain data company Chainalysis.The global …

Posted on 16/03/2024

Dubai ruler Sheikh Mohammed announces Nakheel, Meydan to merge under Dubai Holding

Dubai Holding will acquire property developers Nakheel and Meydan Company under directives from Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. The decision …

Posted on 16/03/2024

Here’s why the GCC IPO bonanza is here to stay

The GCC is set to see more equity capital markets activity in 2024 as more companies are considering going public amid a global slowdown.

Posted on 16/03/2024

Ministry Of Finance Publishes Preliminary Results Of UAE Government Finance Statistics For Q4 2023

Government revenues reach AED155.9 billion, whereas expenditures amount to AED131.3 billion

  • His Excellency Younis Al Khoori: The …
  • Posted on 16/03/2024

    UAE Food Bank launches move to distribute 5m meals in Ramadan

    The initiative is held under the directives and supervision of Her Highness Sheikha Hind Bint Maktoum Bin Juma Al Maktoum, Chairperson of the UAE Food Bank.

    Posted on 16/03/2024

    UAE Fintech Telr partners Fils – Groundbreaking Partnership for Sustainability

    Fils’s alliance with Telr builds on an impressive year of high-profile partnerships for the fintech company, with clients such as e& Enterprise, Magnati, Mashreq Bank, Flowcarbon and AFS.

    Posted on 16/03/2024

    Inside I’m A Celeb winner Sam Thompson’s £1000 a NIGHT Dubai holiday as girlfriend Zara McDermott strips off to a bikini

    I’m A Celeb winner Sam Thompson and his girlfriend – former Love Islander Zara McDermott have flown off on a £1000-a-night stay at Jumeirah Al Naseem in Dubai. Zara, 27, took to Instagram …

    Posted on 16/03/2024

    UAE-US Non-oil Trade Reaches $31.4 Billion in 2023

    Danny E. Sebright, President of the US-UAE Business Council, said that the volume of non-oil trade between the UAE and the United States reached $31.4 billion in 2023, and is expected to continue …

    Posted on 16/03/2024

    Why The U.S. Just Invested $500 Million Into A Foreign Country’s Oil Company

    Bahrain’s crude output is small compared to the U.S. or neighboring Saudi Arabia, with which it shares one of its main offshore oil fields … at last year’s United Nations climate summit in Dubai, to …

    Posted on 16/03/2024

    The Scottish presence in Dubai is making a difference – Jeremy Grant

    For the first-time visitor to Dubai, a ride on the elevated metro that runs parallel to Sheikh Zayed Road, one of the Emirate’s main road arteries, is eye-opening.

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