The report indicates that 90 percent of SMEs expect to maintain or increase their revenue compared to the previous year
NCT&H expands luxury hospitality portfolio with the addition of four prestigious properties
The National Corporation for Tourism and Hotels (NCT&H) is pleased to announce the strategic expansion of its luxury hospitality portfolio through the addition of four world-class properties. This …
UAE’s FADA Nears Satellite Partnership Selections
FADA is likely to name its industrial partner for the SAR system in the coming weeks, Al Mesmari said. The goal is to start deploying the constellation called Sirb, the Arabic term for a flock of …
“We Got Funded!” Shorooq Leads US$12.5 Million Financing Round in UAE-Based Self-Storage Platform ‘The Box’
With 30 facilities, including a flagship 140,000-square-foot location, The Box offers units ranging from small lockers of 25 square feet up to 1,000 square foot rooms.
Meydan Free Zone and Ajman Bank partner to boost economic growth and financial solutions
Dubai, United Arab Emirates – Continuing to enhance its reputation as a premier hub for entrepreneurs and startups, Meydan Free Zone has entered into a strategic collaboration with Ajman Bank to …
Why Dubai is top choice for entrepreneurs: Business growth, licenses & opportunities
A business hub is a center where businesses gather, its location plays a crucial role in establishing it as a hub. Consequently, Dubai has become the ultimate business hub, connected to Asia, Africa, …
Dubai Taxi Company’s full-year revenue for 2024 increases 12% to record $600mn
In 2024, DTC increased its fleet of taxis by adding 744 vehicles, which took its total operational taxi fleet to 5,960 Dubai’s population and tourism growth, as well as urban expansion that drove …
Turkey Talks for Port Deal With Abu Dhabi Fail, Minister Says
AD Ports Group’s negotiations to acquire the operating rights for a port in western Turkey have failed, a Turkish official said, marking a blow to the country’s ambitions of attracting investments …
UAE hotels net $10bn in revenue during first 10 months of 2024
Hotel establishments across the UAE generated AED37.1 billion ($10 billion) in revenue during the period from January to October 2024, up 4% over the previous year, reported Wam, citing a senior minister. “The UAE’s tourism sector continues its positive …
Qatar and UAE top Ookla Speedtest Intelligence data study with 370 Mbps+ 5G roaming speeds
The Gulf region’s strategic focus on tourism empowers mobile operators to leverage 5G roaming as a key revenue driver
Emma Raducanu says she ‘will be okay’ after a man was ejected from her Dubai Tennis Championships match
Emma Raducanu said she will “be okay” after a “fixated” spectator was ejected from her match at the Dubai Tennis Championships earlier this week.
Bangladesh wins the toss and chooses to bat against India in a Champions Trophy match at Dubai
Captain Najmul Hossain Shanto won the toss and Bangladesh decided to bat against India in their Group A match at the Champions Trophy.
Saudi healthcare group SMC Hospitals hires banks for IPO, sources say
Saudi Arabian healthcare group SMC Hospitals has hired banks for a potential initial public offering (IPO) on the local bourse this year, three sources with knowledge of the matter told Reuters.
Alpha Data aims to raise $163m from Abu Dhabi IPO amid strong interest
UAE technology company Alpha Data aims to raise up to Dh600 million ($163.4 million) through its initial public offering on the Abu Dhabi Securities Exchange, in a sign of strong demand for listings.
DIFC unveils flagship Future of Finance report series, publishes first report on the global finance and investment outlook
First report in six-part Future of Finance series highlights emerging trends, shifting capital flows and high-growth opportunities in the global financial landscape …
Dubai International Financial Center marks 20 years, strengthens ties with China
Dubai International Financial Center (DIFC), located in the United Arab Emirates (UAE), has strengthened its position as the leading financial hub in the Middle East, Africa and South Asia region …
UAE Opens Doors to Global Entrepreneurs with New Business Visa
Investors, entrepreneurs, skilled professionals, and business financiers worldwide can now visit the UAE on a specialized visa to explore …