Dubai’s ultra-luxury market continues to experience high … prices for both new and existing properties have shot up. Enter refurbishment. Despite the high demand, the supply of luxury homes — and …
Supreme Council of Energy approves increasing energy and water efficiency programmes in Dubai
DUBAI, 18th March, 2024 (WAM) — H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy (DSCE), chaired the 81st meeting of the Council, which was held virtually in …
49th edition of Middle East Energy set to power up its transformative role in renewable energy
Leadership Summit to Deliver Overview of Region’s Energy Landscape. Dubai, UAE: Serving as a catalyst in the rapidly evolving energy landscape in the region, Middle East Energy …
Eid Al Fitr 2024 likely date predicted by UAE astronomers
According to the latest calculations based on the Islamic Astronomical calendar, the month of Ramadan is expected to be a 30-day month …
du wins licences to offer digital financial services
Emirates Integrated Telecommunications Company (EITC -du) today announced that it has received licences from the Central Bank of the UAE to offer new digital financial services.
Sharjah Asset Management learned about the best practices followed by Japanese companies
The delegation from the company included Omar Al Mulla, CEO of the Investment Sector at Sharjah Asset Management Company, and Rashid Burehaima, Acting Executive Director – Osool Investments, and Iyad …
Abu Dhabi outperforms Gulf bourses in early trade
March 18 (Reuters) – Abu Dhabi outshone Gulf stock markets in early trade on Monday, as a rise in oil prices and stronger-than-expected Chinese economic data lifted investor sentiment. China’s factory …
Aldar sells Abu Dhabi’s ‘most expensive’ penthouse for $37m
Aldar, the biggest listed developer in Abu Dhabi, has sold the emirate’s most expensive apartment for Dh137 million ($37 million) as demand for luxury property continues to rise in the UAE capital.
UAE: Job-seekers learning Arabic for ‘bilingual’ tag that offers better opportunities
The prime learners – 36.1 per cent – are in the 26-35 age bracket, followed by 31.7 per cent between 35-50 years and 20.2 per cent being between 16-25 years …
Investors in the UAE’s precious metal market saw a 10-year high for gold bars and coins in 2023
Bahrain’s gold reserves were valued at $6.648 million in the fourth quarter of 2023 Dubai, UAE – 18 March 2024: Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., cites that a steady rise in …
UAE Tech Podcast: Yango Play & Does Your AI Speak Khaleeji?
If you’ve been living in Dubai it’s been difficult to avoid Yango, an app that is being noticed for impressively accurate GPS and ride-hailing services.
Emirates Chairman to Run Dubai Royal’s New Mega Development Firm
Two of Dubai’s most prominent real estate developers are being merged and rolled into the personal portfolio of the emirate’s ruler.
Dubai royal nephew to open US$500 million family office in boost to Hong Kong hub
Sheikh Ali Al Maktoum, the nephew of Dubai ruler, is opening a family office in Hong Kong, one of the first high-profile global investors to respond to the city’s campaign to lure the ultra-rich.
National Bank of Fujairah hosts knowledge-sharing platform, taking stock of first year of UAE’s corporate tax regime
treasury and trade finance expertise as well as an expanding suite of personal banking options and Shari’ah compliant services. Leveraging its deep banking experience and market insight within …
UAE banking sector assets hit record Dhs4.1tn in 2023
The total assets of banks operating in the UAE rose by 11 per cent year-on-year (YoY) to a record Dhs4.1tn in 2023, the Central Bank of the UAE (CBUAE) said in a report, as the Gulf state’s banking …
Cannes hotspot Bâoli is bringing a sleek beach club to Dubai
It will debut alongside a Gaia beach club and St Tropez hotspot Gigi at La Mer’s new J1 Beach development… From the ultra chic shores of Cannes comes Bâoli – and it’s set to open in Dubai this …
EITC receives licenses from UAE Central Bank to offer fintech services
This milestone positions EITC at the forefront of the evolving fintech landscape in the region and supports the UAE’s commitment to fostering innovation, competition, and financial inclusion by …