Gems and jewellery exporters on Tuesday welcomed the government’s move to allow valid licence holders to import specified quantities of gold at concessional customs duty from the UAE under the free …
Middle East Sees Year-End IPO Rush Despite War, Global Listings Gloom
The market for new share sales sprang to life in the Middle East, where investors snapped up all stock on offer in a taxi company in under an hour and put in orders worth $12 billion for a …
Dubai Taxi IPO price range values company at up to $1.25 bln; strong demand expected
DUBAI, Nov 21 (Reuters) – Dubai Taxi Company (DTC) on Tuesday kicked off the subscription period for its upcoming initial public offering (IPO), which could raise up to around $316 million, with …
UAE: Sheikh Mohammed bin Rashid receives delegations attending conferences of ICAO, ITU
First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE. At the reception, Sheikh Mohammed expressed the UAE’s commitment to delivering effective and innovative …
Upcoming Dubai summit should break climate finance deadlock
Recently the United Kingdom surprised many when it announced a reversal of the initial targets of selling new petrol and diesel cars from 2030 to 2035.And that was not it. The country will also slow …
Sharjah advances to Asian Men’s Handball Champ. semi-finals
With a 34-21 victory over the Shabab Saida, the Sharjah men’s handball team won their fourth straight game at the 26th Asian Men’s Handball Championship.
Toto Wolff aims dig at former Formula 1 race director Michael Masi ahead of Abu Dhabi showdown with Ferrari
Toto Wolff has taken a swipe at F1’s former race director Michael Masi ahead of the last race of the 2023 season in Abu Dhabi.
Max Verstappen can break ANOTHER F1 record at Abu Dhabi Grand Prix
Max Verstappen’s record-breaking 2023 could still get better at the season ending Abu Dhabi Grand Prix, as he looks to seal the record for the percentage of laps led in a single season. Whilst the …
What’s at stake entering the Formula 1 finale in Abu Dhabi
There are still some intriguing storylines ahead of the final race of the 2023 Formula 1 season. Max Verstappen enters the Abu Dhabi Grand Prix (8 a.m. ET, ESPN2) as a three-time world champion …
Struggling Mercedes name Lewis Hamilton’s replacement at Abu Dhabi GP weekend with F1 legend to miss session
LEWIS HAMILTON’S replacement for first practice at the Abu Dhabi Grand Prix has been named. Mercedes have confirmed that Frederik Vesti will take his place in the driving seat. An F1 rule introduced …
Pirelli prepares for 2024 with F1 tyre test following season-closing Abu Dhabi grand prix
The competition between the Formula 1 drivers and constructors has been all but over for most of the second half of the 2023 season as Max Verstappen, Sergio Perez and Red Bull dominated from the …
Telegraph Auction Paused as Lloyds Assesses UAE-Backed Offer
Auctions for the Telegraph newspaper and Spectator magazine have been paused as Lloyds Banking Group Plc reviews an offer that would allow the British banking giant to recoup all of its debt from the …
Chinese tech companies actively expand into Middle East, Showcasing at Dubai Gitex Expand North Star 2023
Expand North Star, known as the world’s largest startup exhibition, provides outstanding exposure opportunities for start-ups. This year, 12 Chinese companies gathered for the first time in the China …
Telcos make 5G plea for upper 6GHz spectrum
The World Radiocommunication Conference 2023 (WRC-23) is underway Almost a month of meetings will decide on which spectrum bands can be used for which …
COP28 in UAE: New Dubai fintech platform to transform environmental, social, corporate governance
Ahead of COP28, fintech platform Fils was launched in Dubai on Monday to help global businesses turn intent into action when integrating sustainable values into the core of digital payments. The …
Sharjah to change rules for single people living in residential areas
Sharjah will tighten rules on single people living in residential neighbourhoods, following a government review. The emirate’s Executive Council met on Tuesday to discussed a number of topics related …
Sharjah CP chairs SEC meeting
The Executive Council of the Emirate of Sharjah held its weekly meeting under the chairmanship of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, …