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Posted on 22/05/2024

Sharjah’s economy shows robust 6.5% growth in 2023, GDP reaches AED 145.2bln

Figures reflect Department of Statistics and Community Development (DSCD)’s preliminary estimates for the period (2017-2023) …

Posted on 22/05/2024

Sharjah Media City (Shams) Welcomes Participants of 6th Edition of Young Arab Media Leaders Program

Sharjah Media City (Shams) welcomed the participants of the sixth edition of the Young Arab Media Leaders Program, organized by th …

Posted on 22/05/2024

UAE’s Mubadala and France Agree to AI Investment Deal

Abu-Dhabi investment fund, Mubadala Investment Co., and the French government have agreed to collaborate on artificial intelligence development as both the UAE and France work to become regional hubs …

Posted on 22/05/2024

UAE Corporate Tax Registration Deadlines Approaching: Initial Steps Towards Compliance

On June 1, 2023, the UAE implemented the Corporate Tax law, significantly transforming the tax landscape for all business entities operating within …

Posted on 22/05/2024

Dubai real estate: Industry leaders talk growth, innovation, investment at the Arabian Business Leadership Summit 2024

Leaders Reshaping the Real Estate Industry,” experts discussed the critical aspects of sustaining growth, fostering innovation, and navigating volatile market conditions in the UAE’s bustling real est …

Posted on 22/05/2024

Sharjah Masters Chess: Aravindh Chithambaram Errs, Loses Lead In Round 7

A late blunder cost Indian Grandmaster Arjun Chithambaram dearly as he not only lost the game to Iran’s Bardiya Daneshvar in the seventh round of the Sharjah Masters but also his lead …

Posted on 22/05/2024

‘Lawful’ capital welcome in Hong Kong, treasury chief says amid Dubai prince Ali Al Maktoum’s plans to return for US$500 million family office opening

Treasury chief Christopher Hui says city adopted various policies and strategies to attract different institutions to establish family offices Maktoum’s top aide in city reveals prince set to return …

Posted on 22/05/2024

Huspy secures investment round, led by Balderton Capital

The property technology company is building a Super App for real estate starting with best technology for real estate agents and brokers …

Posted on 22/05/2024

Spinneys launches ‘The Kitchen by Spinneys’ at Dubai Mall

It’s the company’s first-ever standalone food hall concept; A second Kitchen by Spinneys scheduled to open at Creek Harbour later this year …

Posted on 22/05/2024

Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range

Saudi Arabia’s Rasan Information Technology Prices IPO at Top of Range DUBAI (Reuters) – Saudi Arabian fintech firm Rasan Information Technology has priced its initial public offering on the local …

Posted on 22/05/2024

UAE’s Wio becomes one of fastest ‘neo-banks’ globally to hit a profit

Wio’s deposits have gone past Dh11b, with SMEs being a sizeable customer base Dubai: The UAE digital-only bank Wio recorded a profit of Dh2 million in 2023, which is also its first full year of …

Posted on 22/05/2024

The Ultimate Fintech Stock to Buy With $500 Right Now

Nu is growing quickly by adding new members and cross-selling new products. Nu has become sustainably profitable through a mix of keeping costs low and generating higher net interest income. U.S …

Posted on 22/05/2024

Burj Khalifa: A look inside Dubai’s tallest building

Dubai’s iconic skyscraper, the Burj Khalifa … Besides this, the Burj Khalifa is also home to the Armani Hotel, which has 160 rooms and runs from levels one to eight. Above the hotel, there are 144 …

Posted on 22/05/2024

First Abu Dhabi Autonomous Racing Not Without Hiccups; But Racing Glory Not The Only Aim

The Abu Dhabi Autonomous Racing League (A2RL) kicked off its inaugural race at the Yas Marina Formula 1 track. While the event showcased cutting-edge technology, there were some hiccups. During …

Posted on 22/05/2024

UAE: Sheikh Shakhbout Medical City inaugurates Centre of Innovation and Medical Simulation

Sheikh Shakhbout Medical City, a member of the PureHealth network, announced on Tuesday the official opening of its Centre of Innovation and Medical Simulation. The inauguration was marked by the …

Posted on 22/05/2024

‘1 million prompters in 3 years’: Dubai launches world’s biggest AI prompt engineering training initiative

Dubai has announced the launch of the world’s first and … stressing that keeping pace with technology trends is key to the success of governments and societies. Sheikh Hamdan added: “We are …

Posted on 22/05/2024

Dubai sees 105% surge in bunkering licences in Q1 2024

Dubai’s maritime sector is thriving with a significant increase in bunkering licences, reflecting growth and efficiency. Dubai sees 105% surge in bunkering licences in Q1 2024. bunkering, dubai, Dubai …

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