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Posted on 27/05/2024

Stopping single-use: Abu Dhabi to ban specific Styrofoam products from June 1

Abu Dhabi is implementing a ban on various “avoidable” single-use Styrofoam consumer products, which will take effect from June 1, 2024.

Posted on 27/05/2024

7 upcoming waterfront developments in Abu Dhabi

These developments across Abu Dhabi promise a lifestyle that blends nature, culture, and access to domestic and international cities …

Posted on 27/05/2024

As cash-strapped Pakistan seeks to ease its China reliance, Saudi, UAE pledge billions

Investment pledges from Abu Dhabi and Riyadh give Islamabad financial breathing room amid new bailout talks with the International Monetary Fund Analysts say Pakistan should seize the opportunity, …

Posted on 27/05/2024

ADNOC boosts local manufacturing target to AED90bln by 2030 to propel UAE’s economic diversification

Previous 2027 local manufacturing target of AED70 billion worth of products in ADNOC’s procurement pipeline delivered ahead of schedule …

Posted on 27/05/2024

UAE to boost industrial sector with additional $6.3bn in financing

The UAE’s industrial sector will receive an additional Dh23 billion ($6.3 billion) in funding, backed by two of its major companies, as the country intensifies its plans to expand its domestic …

Posted on 27/05/2024

UAE announces new Haj, Umrah rules; fines of up to Dh50,000 for violations

Operators in the UAE cannot receive requests for Haj or Umrah without prior approval from the General Authority of Islamic Affairs and Endowments, it was announced Monday. This came as the authority …

Posted on 27/05/2024

Du and Gracia Group announce first-of-its-kind innovative agritech digital platform for agriculture and farming in the UAE

The first-of-its-kind agritech digital platform will streamline agricultural operations but also and introduce new agritech methodologies to bolster the farming and agricultural sector in the UAE for …

Posted on 27/05/2024

CANON HOSTS ITS FIRST ‘CELEBRATING YOU’ EVENT IN UAE

Canon Middle East recognized over 100 Managed Printing Services (MPS) customers at an exclusive event in Dubai. Canon’s Managed Print …

Posted on 27/05/2024

UAE: Leading Automakers Make Some Big Announcements

We are now in the middle months of 2024 and automakers of all kinds are making big announcements and organising high-profile events before the sizzl …

Posted on 27/05/2024

Microsoft’s UAE deal could transfer crucial AI tech and chips abroad—drawing security concerns

The Microsoft-G42 deal highlights gaps in U.S. laws as regulators rush to keep up with fast-moving technology.

Posted on 27/05/2024

‘Next50’ initiative to fuel growth of UAE’s private sector companies

Investopia, in partnership with EMIR, an emerging market research specialist, held the first meeting of the ‘Next50’ initiative, which aims to promote dialogue and knowledge sharing among leading …

Posted on 27/05/2024

Dubai real estate: How much does it cost to live in the Burj Khalifa? Details revealed

The real estate market in Dubai is influenced by various factors such as economic … Living in the Burj Khalifa entails more than just rent or mortgage payments. Residents are subject to annual …

Posted on 27/05/2024

BIG Holding’s $146.5m IPO draws orders worth $2.5bn

Kuwait’s Beyout Investment Group (BIG Holding) has attracted $2.5bn (KWD767m) in investor orders for its initial public offering (IPO) on the local bourse, in what is set to be the country’s first …

Posted on 27/05/2024

‘Next50 ‘ holds 1st meeting to formulate new vision to promote growth of UAE’s private sector companies

Investopia, in partnership with EMIR, an emerging market research specialist, held the first meeting of the ‘Next50’ initiative, which aims to promote dialogue and knowledge sharing among leading …

Posted on 27/05/2024

Alvarez & Marsal: Q1’2024 rewarding for the UAE banks, credit outlay grew, deposits mobilization and profitability increased

Plummeting impairment charges (-47.9 percent QoQ) and growing total operating income (+4.8 percent QoQ) contributes to profitability gains …

Posted on 27/05/2024

National Bank of Fujairah hosts knowledge-sharing platform focused on maximising investment horizons

Business leaders and industry experts give insights to help NBF’s customers better understand the investment management landscape …

Posted on 27/05/2024

New UAE Visa Rules Set to Hit African Travellers, Airlines

The United Arab Emirates (UAE) has introduced stringent measures to deter individuals from entering the Gulf nation as visitors and subsequently working without the necessary documents.The oil-rich …

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