Dubai’s real estate market continues to attract the world’s wealthy, with high demand for luxury properties. Today, the market witnessed the sale of two apartments worth a combined AED 270 million.
Rising Competition and Global Interest: The Shifting Dynamics of the Middle East Banking Sector
The UAE stands out as one of those regions where there is still a very clear growth outlook for corporates, which really translates into growth for the banking …
MEBIS Dubai to showcase latest banking technologies and trends at upcoming event
This highly anticipated event will delve into various topics, including the transformative potential of artificial intelligence in the banking sector …
Celebrate Eid Al Adha with Staycation and Dining Offers at DoubleTree by Hilton Dubai -Business Bay
five distinct restaurants, and engaging lounges, all complemented by top-notch hospitality. Room Offer This Eid Al Adha, guests are invited to experience an exquisite staycation at DoubleTree by …
Real estate fintech Stake raises $14 million
The Kingdom is a key market for both regional and international investors and presents vast growth opportunities for real estate fintech companies such as Stake … market leading product. Co-Founder …
UAE fintech Stake secures $14mln in Series A; backers include Abu Dhabi’s Mubadala, Saudi Aramco’s VC unit
The Dubai-based fintech start-up Stake has raised $14 million in a Series A funding led by MEVP (Middle East Venture Partners), a UAE venture capital firm, with participation from Abu Dhabi’s …
Dubai’s Amelia Shakes Up Cocktail Scene with New Menu
Trendy Dubai restaurant and lounge Amelia Dubai has unveiled a new cocktail menu, inviting guests on a journey of discovery through innovative mixology. Launched on June 5th, the menu boasts a diverse …
XRP Healthcare Welcomes 10 Billion Dollar M&A Specialist Whitney Lynn to Head Africa Expansion
DUBAI, UAE, June 10, 2024 /PRNewswire/ — XRP Healthcare, a trailblazer in the healthcare sector, is proud to announce the appointment of Mergers and Acquisitions specialist Whitney Lynn as its new …
OKX and McLaren Formula 1 Team Announce Launch of ‘Race Rewind’ Digital Collectible Series
(MENAFN- Edelman) UAE, 7 June 2024 – OKX, a leading Web3 technology company and Official Primary Partner of the McLaren Formula 1 Team, today announced the launch of a free-to-mint ‘Race Rewind’ …
Dubai Takes on Abu Dhabi in Race for Supremacy in Family Offices
In the lobby of the Four Seasons Abu Dhabi, steps away from the offices of billionaires Ray Dalio and Changpeng “CZ” Zhao, men in white thobes and tailored suits cluster in hushed conversation around …
Filipino food is back at IKEA with meals starting from Dhs25
Head over to any IKEA outpost in the UAE including Dubai Festival City Mall, Jebel Ali Festival Plaza, or IKEA Abu Dhabi YAS Island Restaurants for this limited-time culinary event. If you’re missing …
Dubai Real Estate Market Starts the Week with a Bang: 779 Transactions and AED 122 Million Sale in Palm Jumeirah
Dubai’s real estate market saw a remarkable start to the week on Monday, with an off-plan apartment in the Palm Jumeirah area selling for AED 122 million. According to data from the Dubai Land Department, the apartment is part of the “Six Senses Residences …
UAE Eid ul Adha holidays important update
Paid holidays will be given to employees in the UAE’s public sector from Saturday, June 15, until Tuesday, June 18, in observance of Arafah Day and Eid Al Adha. Ministry of Human Resources and Emiratisation (Mohre) said the Eid-ul-Azha holiday for the private sector will be from Saturday, June 15, to Tuesday, June 18.
$796.8mln of global private capital takes aim at Abu Dhabi and RAK property markets
57% for those with personal wealth in excess of US$ 15 million would like to buy residential property in the UAE capital. Furthermore, Knight Frank highlights the success of the ‘Visit Abu Dhabi’ …
Dubai real estate: Jumeirah Bay Island sees record-breaking villa sale for Dh175m
The villa is part of Sea Mirror, which is Dubai-based Lamar Development’s signature project in Jumeirah Bay Island …
UAE’s Proptech Stake Raises $14 Million in Series A Round
UAE-based proptech startup, Stake has closed its series A round with $14 million contributed by Middle East Venture Partners and joined by Aramco’s Wa’ed Ventures, Mubadala Investment Company, as well …
UAE’s Yahsat contracts Airbus for two satellites in a deal worth over $1bln
The contract follows Yahsat Government Solutions winning a contract worth AED 18.7 billion ($5.1 billion) last September from the UAE government to provide satellite capacity and managed services for …