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Posted on 29/07/2024

Dubai Financial Market announces 74% rise in pre-tax net profit for the first half of 2024

Dubai Financial Market (DFM) on Monday announced that its net profit before tax grew to Dh195.4 million for the period ended June 30, 2024, marking a significant 74 per cent increase over the same …

Posted on 29/07/2024

Dubai Financial Market posts 74% rise in first-half pre-tax profit

Image Credit: Bloomberg Dubai Financial Market (DFM) posted a net profit before tax of Dh195.4 million for the six months ended June 30, 2024, marking a significant 74 per cent increase over last year …

Posted on 29/07/2024

CORRECTION — Network International and Biz2X Announce Embedded Financing Partnership to Transform SME Lending in the UAE

Biz2X’s SME financing solution will deliver capital to Network International’s vast network of merchants in the UAENEW YORK and DUBAI, United Arab Emirates, July 29, 2024 (GLOBE NEWSWIRE) — A press …

Posted on 29/07/2024

It’s official: This Dubai hotspot is one of the world’s greatest places in 2024

One Za’abeel officially opened in 2023 (Credit: Dubai Media Office) Opened at the end of 2023, the architecturally remarkable urban resort in the heart of the city has made headlines by breaking …

Posted on 29/07/2024

Five lessons for partner banks from the Synapse bankruptcy

Show me the resumes of the folks on your AML and sanctions team?’ If your banking partners aren’t asking you, the fintech, for this stuff, to me, that’s a red flag for a fintech to go ‘Wait, maybe I …

Posted on 29/07/2024

It’s official: This Dubai hotspot is one of the world’s greatest places in 2024

One Za’abeel officially opened in 2023 (Credit: Dubai Media Office) Opened at the end of 2023, the architecturally remarkable urban resort in the heart of the city has made headlines by breaking …

Posted on 29/07/2024

15 places to treat yourself on payday in Dubai

Citadelle, Pullman Hotel, Downtown Dubai, open Sun to Thu 6pm to 1am, Fri and Sat 6pm to 3am, closed Mon. @citadelledubai Aspiring adventurers and adrenaline junkies can brush up on their surf skills …

Posted on 29/07/2024

Dubai’s RTA awards Mall of the Emirates entrances widening project

Dubai’s Roads and Transport Authority (RTA) has awarded a contract worth Dh165m ($44.9m) for the Mall of the Emirates’ entrances widening and enhancements project.

Posted on 29/07/2024

Dubai smashes its own record (again) – here’s how

Dubai continues to set new tourism records, welcoming over 9.3 million international visitors in the first half of 2024. Growing an impressive 9% from the same period last year, this performance …

Posted on 29/07/2024

Iran Striker Azmoun Leaves Leverkusen For Dubai

Iran striker Sardar Azmoun has left Bayer Leverkusen for Dubai club Shabab Al-Ahli on a three-year deal, the German club announced Monday.

Posted on 29/07/2024

Dubai Court of Appeal orders former DSI CEO and employee to pay $41mln in damages

The Dubai Court of Appeal has ordered the former CEO and one other employee of contractor Drake & Scull (DSI) to pay AED 152 million ($41 million) for material and moral damages. Former CEO Khaldoun …

Posted on 29/07/2024

Dubai: First property project exclusively handled by Emirati brokers launched

Dubai-based private developer Damac Properties on Monday launched a project which will be dedicated entirely for the Emirati brokers to sell it to resident..

Posted on 29/07/2024

du, Nokia, and MediaTek Pioneer Next-Level 5G Uplink Performance in MEA

MediaTek contributed its advanced T830 5G mobile FWA platform, further exemplifying the collaborative … Telecommunications Company (EITC), du is an integral driver of the UAE’s economic, social, and …

Posted on 29/07/2024

UAE’s solar market prepares for rapid growth, surpassing global average

A recent report by Mordor Intelligence Global Research and Studies predicts a remarkable expansion in the solar

Posted on 29/07/2024

5 best trending transparent gadgets, in UAE, for 2024

If, as a kid, you used to own a Nintendo 64 controller that could light up, you’ll love PDP’s Afterglow. This wireless controller for Nintendo Switch comes with Prismatic LED lighting options – you …

Posted on 29/07/2024

Sheraa launches Access Sharjah Challenge allocating AED500,000 for ‘Agri- Livestock’ development

Fuelling Sharjah’s and the UAE’s goals to become the world’s best in the Global Food Security Index by 2051, the Sharjah Entrepreneurship Centre (Sheraa) has announced the six …

Posted on 29/07/2024

Sharjah Ruler announces Dh21 million compensation for property owners in restoration project

Sharjah’s Ruler approved an amount of Dh21 million as compensation for property owners in Khor Fakkan on Monday. Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the Supreme …

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