By the end of 2024, a unified tourist visa will be available for the Gulf Cooperation Council (GCC). The announcement was made at the Arabian Travel Market (ATM).[1] Read More: Arabian Travel Market …
Crypto platform BitPanda opens first regional office in Dubai
All crypto roads are leading to the Middle East, something major VCs are realising more and more BitPanda, the largest European cryptocurrency platform and leading digital infrastructure provider, …
Singapore’s crypto trading platform QCP Capital gets approval to operate in Abu Dhabi
Singapore’s crypto trading platform QCP Capital has received In-Principle … QCP said the company also plans on making further investments in the UAE, subject to obtaining Financial Services …
This Abu Dhabi beach destination has been named the best in the Middle East
Abu Dhabi is spoilt for choice when it comes to beautiful beaches. But there is one that comes to mind that is quite special. The World Travel Awards, the leading authority that recognises and rewards …
UAE: AI to ‘eliminate’ 40% of back-office jobs globally, says expert
The president of the Union of Arab Chambers underlined the need for reskilling the workforce to counter job losses due to automation …
Why the UAE is leading the way as the first Gulf country to be removed from the FATF grey list
The removal from the FATF grey list is expected to bolster the UAE’s reputation as a secure and stable destination for international investors In February 2024, the United Arab Emirates achieved a …
UAE’s Dana Gas Q1 net profit falls 24% on lower hydrocarbon prices, drop in Egypt output
The UAE-based Dana Gas PJSC, the largest private sector natural gas company in the region, said Q1 2024 net profit fell 24% year-on-year (YoY) to $38 million mainly on lower realised hydrocarbon …
Hundreds of UAE residents stranded after Air India Express cancels flights
Hundreds of UAE residents are among thousands of passengers have been stranded in India after Air India Express cancelled or delayed more than 70 international and domestic flights due to senior crew …
UAE, Jordan agree to enhance recognition of seafarers’ certificates of competence
The UAE and Jordan enjoy longstanding relations. Capitalising on these relations is essential to drive progress across the board, particularly in the maritime sector, which forms a main pillar of …
Dubai taxi fares increase after fuel price rises
Taxi fares in Dubai have gone up, an update from the Dubai Taxi Company has revealed. According to the company’s official website, the charge is now Dh2.09 a kilometre – up 12 fils from the previous …
Dubai Investments achieves 12% reduction in electricity consumption
Dubai, UAE – Dubai Investments, a leading diversified investment company listed on the Dubai Financial Market (DFM), has showcased significant advancements in sustainable practices and responsible …
Dubai real estate: Should you invest in off-plan or ready-to-move? Experts weigh in
The choice between off-plan and ready-to-move properties in Dubai transcends mere financial considerations, embodying a strategic blend of risk appetite, market dynamics, and long-term vision.
Dubai traffic: RTA announces survey to tackle traffic flow, congestion
The survey aims to determine how to expand flexible hours and remote working arrangements to reduce congestion during peak times …
‘Wealth tax could send billionaires from India to Dubai, impractical,’ says economist on Rahul Gandhi’s equity proposal
Speaking to ANI, he said such a move could drive India’s wealthiest individuals to relocate their businesses to tax-friendly destinations such as Dubai. On the potential repercussions of such a tax …
Aldar Properties starts selling 10-year green sukuk, document says
Abu Dhabi’s largest real estate developer Aldar Properties has started selling 10-year green Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday. The initial …
L&T wins ‘major’ orders in India, Kuwait, Oman and UAE
The company’s transmission and distribution business has won orders in the ₹5,000 to ₹10,000 crore range to establish floating solar plants, transmission lines, among others, in India and overseas.
Chinese company launches pilotless flights in UAE
[Photo provided to chinadaily.com.cn] EHang Holdings Limited, one the world’s leading urban air mobility technology companies, will help foster collaboration and communication between the civil …