South Korea and the United Arab Emirates signed a trade agreement at a summit on Wednesday to sharply cut import duties and forge closer business and investment ties. “The special bond between the two …
Sharjah: Rafid gets new number for reporting minor traffic accidents
R afid Automotive Solutions Company announced the change of its number to 80092 for receiving reports of minor traffic accidents, in cooperation with the General Command of Sharjah Police.
Abu Dhabi’s Eshraq to focus on private equity as part of new strategy
Founded in 2006 and listed on the Abu Dhabi Securities Exchange (ADX) in 2011, the company previously focused on Real Estate and Financial Investments. Over the next five years, Eshraq will transition …
Dubai’s sovereign wealth fund ICD posts 68% jump in 2023 profit
The Investment Corporation of Dubai, the government’s main investment arm, reported a 68% increase in 2023 net profit on Wednesday buoyed by its transportation, banking and financial services assets.
I had no meeting with Akufo-Addo in Dubai; retract and apologise – Bagbin to Martin Amidu
According to a statement released by the Speaker’s Communication Unit, the claims are baseless, unfounded, and part of a deliberate attempt to tarnish the Speaker’s reputation.
Glamorous WAG Chelsea Becirevic clarifies her real feelings on ‘boring’ Aussie city as she relocates to Dubai without her AFL star boyfriend after seven months
But seven months after the big move, Chelsea announced she is moving to Dubai to work for Emirates as she admitted living in Adelaide permanently wasn’t for her. Replying to questions from her fans, …
Investment Corporation of Dubai announces its best-ever performance, well above last year’s record
Dubai – ICD (Investment Corporation of Dubai) announced today its consolidated financial results for the year ended 31 December 2023 having generated record Revenues of AED 310.2 Billion and a record …
Dubai party hotel operator FIVE Holdings taps banks for IPO next year
Dubai-based party hotel operator FIVE Holdings Ltd is working with banks on a planned initial public offering next year, people with knowledge of the matter said, joining a growing number of companies …
Dubai real estate: Home Loan vs. Mortgage – which is a better financing option? Experts weigh in
Dubai experts offer insights on key differences, pros, cons and financial considerations when choosing between home loans and mortgages for property purchases in the emirates booming real estate marke …
Dubai: Drake and Scull International resumes trading after 5-year suspension
In 2015, it had reported losses after the decline in oil prices forced developers and clients to defer payments and delay projects …
S. Korea-UAE investment cooperation MOU
South Korean Finance Minister Choi Sang-mok (R, front), who doubles as the deputy prime minister for economic affairs, poses with the head (L, front) of Mubadala Investment Co. after signing an MOU on …
Dubai: Easier visa process, tax exemption for One Za’abeel firms as free zone expands
The along Dubai’s Sheikh Zayed Road, One Za’abeel, is now officially part of the Dubai World Trade Free Zone, it was announced on Wednesday. This means all thewithin this may now access the privileges …
Long-term investment in Bitcoin remains promising despite market volatility, says Kumar Gaurav of Cashaa
In a recent interview with ETMarkets, Kumar Gaurav, Founder and CEO of Cashaa, shared his insights on the current challenges and opportunities within the cryptocurrency market. Gaurav discussed how …
Pop-ups to permanent: 7 exciting supper club-turned-restaurants in Dubai
We love a homegrown success story… Dubai’s supper club scene is having a moment and, in turn, producing some of the city’s top restaurants. From humble beginnings as underground restaurants, home …
UAE and South Korea Sign Pact Aimed at Boosting Bilateral Trade
The United Arab Emirates reached an agreement with South Korea to bolster bilateral commerce, adding Asia’s fourth-largest economy to a growing roster of nations to close trade deals with the wealthy Gulf state.
UAE consumers will not have to carry separate credit, debit cards in new Visa feature
Visa to launch instant flexible payment options for UAE, Gulf consumers Whether online or at store, card based payments can toggle between credit and debit options. Even payment by instalments or in a different currency. Image Credit: Shutterstock Dubai …
Dubai Court orders company owner to pay Dh10 million within a week
BlueChip owner Ravinder Nath Soni has been ordered to pay Dh10.05 million to a cheque execution applicant or the court treasury within seven days by the Dubai Court of First Instance. Failure to …