Dubai parking giant Parkin Company PJSC announced the final offer price for its IPO after witnessing heightened interest from investors. The IPO saw an oversubscription level of approximately 165 …
Dubai’s DMCC now home to over 24,000 companies, reveals report
According to the free zone’s 2023 annual report, DMCC accounted for 11 per cent of total foreign direct investment inflows into Dubai …
UAE Property: ‘Who pays for maintenance of a rental unit?’
The lease is due for renewal in the next couple of months.We are having issues with the washing machine, electric hob and oven, and they need to be replaced.The agent has refused to help with the …
Dubai’s IPO haul hits Dhs34.5bn in three years
Dubai’s continued listing activity is being driven by the implementation of various initiatives such as the IPO accelerator programme.
Potential for India and UAE to collaborate in renewable energy sector
UIBC report identifies initiatives like scaling up solar, wind power capabilities and innovative grid solutions …
MENA solar power capacity to grow by 99.1 GW by 2033
As such, the region’s share of solar capacity globally will increase to 3% by 2033 from less than 1% in 2022. At the forefront of its growth are the United Arab Emirates (UAE), Saudi Arabia, Egypt, …
From fasting to learning Arabic: How this non-Muslim expat embraces UAE culture
Stay up to date with the latest news. Follow KT on WhatsApp Channels. The 26-year-old, who works at a Fintech company, arrived in Dubai two years ago. “I continued fasting here as everyone around me …
Meet Mariam Al Hammadi, the first Emirati woman Air Traffic Control Officer at Sharjah Airport
International Civil Aviation Organization (ICAO) in record time, Mariam cleared numerous courses within.Mariam Al Hammadi. Emirati woman ATCO. Sharjah International Airport. Civil aviation sector. UAE …
Dubai food: Meet the man who ‘fixed’ the Four Seasons’ croissants
Trendy croissant shapes and hybrids come and go, but quality ingredients stand the test of time according to Four Seasons’ Pastry Chef …
Sheikh Mohammed bin Rashid pays tribute after death of Emirati business ‘pioneer’
Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has paid tribute following the death of prominent Emirati businessman Saeed Juma Al Naboodah. Sheikh Mohammed said on social media that …
Dubai launches unified platform for ease of doing business
The government of Dubai has issued a decree on the Unified Digital Platform for establishing companies in Dubai, in an effort to enhance ease of doing business, a report said. The platform seeks to …
Dubai’s DP World posts 33% drop in profit in 2023
Dubai-based global port operator DP World reported a 33% drop in 2023 net profit attributable to the owners after separately disclosed items, to $820 million and said outlook remains uncertain due to …
4 areas in Dubai where RTA roadwork upgrades are complete
About 18 km of roadworks, as well as the installation of lighting poles along 17 km of existing streets has been completed in Dubai’s Margham, Lehbab, Al Lesaili, and Hatta …
Dubai Parkin sets final IPO price; to raise $429mln
Dubai’s Parkin, which operates public parking spaces in the emirate, has set the final price for its IPO at the top of the range at 2.10 UAE dirhams ($0.57) per share, raising AED1.6 billion ($429 …
Stargazing in Sharjah & why so many stars are named after Arab astronomers
Dubai may boast of ‘the tallest, biggest, shiniest’, but Sharjah wins you over with its quiet cultural charm. From museums that celebrate local heritage, to archaeological sites that reveal the region …
150K+ UAE Network Devices & Apps Found Exposed Online
Misconfigurations, insecure services leave UAE organizations and critical infrastructure vulnerable to bevy of cyber threats.
Soccer-Spartak Moscow’s Promes arrested in Dubai at Dutch request
Spartak Moscow forward Quincy Promes has been arrested in Dubai at the request of the Netherlands where he was sentenced last month to six years in prison in absentia for drug trafficking, Dutch …