Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully hosted a business event on the sidelines of Gulfood, the world’s largest …
Dubai’s F&B sector attracted $577mln in FDI in five years
Dubai’s food and beverage sector attracted $577 million in foreign direct investment (FDI) over the last five years, with ease of business and robust supply chains attracting capital from 23 countries …
UAE’s Burjeel Holdings plans to open surgery centres in Saudi Arabia
Prior to that Abu Dhabi’s International Holding Company bought a 15% stake in the company. VPS Healthcare Holdings, founded and chaired by Shamsheer Vayalil Parambath, continues to own 70% of Burjeel …
UAE’s e& to raise dividend by 3 fils a share from 2024; will pay out 80 fils in 2023
UAE tech-telco chrusn up Dh10.3 billion as 2023 net profit … This comes off the back of a sizeable set of financials e& generated for the year. “The strong financial performance, with consolidated …
Indore: Sharjah Flight Timings To Change From April 1
Air India Express is going to change the operational timings of the Sharjah flight from April 1. Currently, the flight arrives and departs on Tuesday morning. From April 1, it will arrive on Monday …
UAE: Gold prices continue the upward trend, trading higher in early trade in Dubai
Gold prices continued their upward trend, trading higher at the opening of the markets in the UAE on Wednesday. The Dubai Jewellery Group data showed 24K was trading at Dh245.75 per gram on Wednesday …
UAE ‘deeply disappointed’ over UN Gaza vote as US vetoes ceasefire call
The UAE said it was ‘deeply disappointed’ with the outcome of UN Security Council resolution on Tuesday that called for an immediate ceasefire in Gaza, with Israel continuing to bombard the territory …
Visionize expands into Congo, Tanzania, and Türkiye
The expansion supports Visionize’s commitment to enhance operational efficiency and guest experiences in new hospitality markets.
Dubai Customs handles 5.535 million bags, makes 166 seizures at Airport Terminal 2 in 2022
Dubai Customs’ Terminal 2 Customs Centre has achieved a remarkable feat by handling 5 535 million bags and making 166 seizures in 2022 To promote t …
UAE: IFZA announces partnership with German Federal Association for SME’s
In a strategic move aimed at strengthening bilateral business ties between the UAE and Germany, International Free Zone Authority (IFZA) has partnered with the Bundesverband mittelstandische …
Abu Dhabi’s Mubadala eyes stake in London’s Heathrow Airport– report
Abu Dhabi sovereign wealth fund Mubadala Investment Company is looking to acquire a stake in London’s Heathrow Airport, Bloomberg reported on Tuesday, citing people familiar with the matter. Mubadala …
UAE: Top bank discontinues ‘Salary in Advance’ facility
Dubai Islamic Bank, the UAE’s largest Shariah-compliant lender, has discontinued its popular ‘salary in advance’ facility for …
UAE: Short of cash? These banks offer ‘rent in advance’ to tenants
For UAE residents, rents are one of the biggest costs that they bear every month. For some of the residents, it accounts for the highest expense of their m..
The Crypto Vibe Shift
Is crypto back? It seems that every other week there is a headline saying bitcoin {{BTC}} and ether {{ETH}} are trading hands at prices not seen since 2021, when the crypto market was in an upswing.
Abu Dhabi considers buying stake in London’s Heathrow airport
Abu Dhabi’s Mubadala Investment Co. is considering buying into Heathrow airport, according to people familiar with the matter, in a move that could see it join Saudi Arabia’s Public Investment Fund …
Dubai Duty Free Tennis Championships: Maria Sakkari vs. Jasmine Paolini Betting Odds and Match Preview
Maria Sakkari (No. 11 in the world) takes on Jasmine Paolini (No. 26) in the Round of 16 of the Dubai Duty Free Tennis Championships.Sakkari is favored (-200) in this Round of 16 …
Elon Musk Faces Unraveling Situation as Crypto Plays Key Role
The business landscape is witnessing the unfolding of a challenging scenario for entrepreneur Elon Musk. Recent events have shed light on a complex situation, with the cryptocurrency market playing a …