Feb 2 (Reuters) – China Evergrande New Energy Vehicle (NEV) said on Friday it has suspended negotiations on amendments to the terms of a HK$3.89-billion ($497.42 million) share subscription agreement …
UAE bank ADCB Q4 net profit jumps 38%, beats forecasts
Abu Dhabi Commercial Bank ADCB.AD posted a 38 per cent rise in fourth-quarter profit, beating analysts’ forecasts, after higher interest and financing income, as well as a one-off gain from the sale …
OKX Releases 15Th Consecutive Reserve Proof: Bitcoin Cash Included In Reserves For The First Time With Main Assets Worth $14.9 Billion
OKX, the technology company and crypto exchange at the forefront of building the future of the Web3 ecosystem, to …
Nakheel awards Rixos Bay Residences and Villas contract to Sembol Construction
Nakheel, the Dubai-based world-leading master developer, has appointed a contractor for the construction of Rixos Bay Residences and Villas, part of Rix …
Dubai real estate boom enters 2024 with record $9.6bn sales; report shows top areas, most popular properties and emerging trends
Dubai real estate sales break January records with massive increase on last year according to Property Finder data …
Dubai records over AED11.5 billion in weeklong real estate transactions
DUBAI, 2nd February, 2024 (WAM) — A total of 3,677 real estate transactions worth over AED11.5 billion were conducted during the week ending 2nd February, 2024, according to data released by the …
UAE real estate: Six property market predictions for 2024
Interest rates in the US, and therefore in the UAE, are expected to fall this year as a trend of disinflation continues to be observed. However, expectations that interest rates will fall during H1 …
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
Axiom, a protocol that allows smart contract developers to access historical data from Ethereum and then perform intensive computations …
Dubai: The New Silicon Valley Of The East, Pioneering The Techno-Optimist Future
Dubai epitomizes techno-optimism – mirroring Marc Andreessen’s vision – and has evolved into a leading global hub for technology and innovation. DUBAI, UNITED ARAB EMIRATES, February 2, 2024 …
Triterras & Card Cutters to offer digital working capital to SMEs in UAE
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Court ruling shows: ‘Mercedes would’ve lost Abu Dhabi 2021 case”
The 2021 Mercedes Formula One team decided not to appeal the result of the controversial Abu Dhabi Grand Prix, which gave Max Verstappen his first world title. This left the question lingering: ‘What …
Foresight frontrunners: UAE’s ambitious plans lock in future vision
Over the past years, the UAE has turbocharged its efforts to enhance its leadership in future forecasting and driving sustainable development across various sectors.
Dubai-based Apil Properties expands with branch offices in Canada and India
Apil Properties hopes to bring Dubai’s property excellence to Toronto and Hyderabad … “Apil Properties is not just expanding its business; it’s building bridges, fostering connections, and shaping …
Dubai up ahead of US employment data, Abu Dhabi falls
The Dubai stock exchange closed higher on Friday, ahead of crucial U.S. employment data that could hasten bets for rate cuts, while Abu Dhabi’s index fell.
Abu Dhabi Chamber launches Advocacy Hub to support the business ecosystem in Abu Dhabi
The Advocacy Hub aims to support and empower the private sector. It represents an ideal opportunity to facilitate communication between businesses and government agencies …
Third edition of International Search and Rescue Exhibition to feature the latest technologies in Abu Dhabi
The conference will be held from February 12 at the Abu Dhabi National Exhibition Centre Officials during the press conference to announce details about the third edition of the International Search …
Dubai real estate sector sees $3.1bn of transactions this week, including $50m Al Mamzar property
Dubai real estate and property transactions hit AED11.45bn ($3.1bn) this week, according to the Dubai Land Department. In the week ending February 2 there were 3,677 transactions, including land and …