Dubai kickstarted its privatization program after a one-year hiatus with the planned initial public offering of its taxi business, as share sales gather pace in the United Arab Emirates in the final weeks of 2023.
Will it be ‘Dubai, buy, buy’, as UAE’s showpiece event returns?
“Dubai, buy, buy” proclaimed the front-page headline of the second edition of Flight Daily News at the 2013 Dubai air show, with photographs of beaming airline and aircraft manufacturer executives. It followed a remarkable opening day that saw record orders placed for 623 aircraft,
‘New projects in Dubai, consulting, and more…’ here’s what Mark Mobius plans to do next
Mark Mobius, co-founder of Mobius Capital Partners, plans to step back from the investment firm he co-founded five years ago. He plans to focus on entrepreneurship investments and consulting.
Dubai Taxi Company announces upcoming IPO, details revealed
Dubai Taxi Company (DTC) has announced its intention to proceed with an Initial Public Offering (IPO). The firm is now officially recognised as a public joint-stock company named ‘Dubai Taxi Company (PJSC).’ Ordinary shares will be listed on the Dubai Financial Market (DFM).
Looming Emirates 777X deal to kick-start Dubai Airshow: Report
Emirates is the world’s largest user of wide-body jets, including Airbus A380 superjumbos and current-generation Boeing 777s.
Dubai Land Department directs property owners to engage accredited valuation offices for the implementation of corporate tax legislation
To reinforce transparency within the real estate market and promote adherence to relevant laws and regulations, Dubai Land Department (DLD) is committed to providing property owners with accessible …
Dubai Customs Processes 994,000 Deposit Claims Worth 6.8 Billion Dirhams, Showing 22% Growth
The requests for deposit claim refunds processed by Dubai Customs have seen a substantial 22% increase in the first nine months of this year compared to the same period last year, totaling 994,000 …
Jewelled daggers and royal gems, India’s regal past revisited at Sharjah museum
A bejewelled dagger glimmering in its glass case, a precious gemstone engraved with the name of an ancient sultan and a detailed north Indian garden carpet celebrating the flora of Kashmir are on …
UAE places global transformation to sustainable agricultural and food systems at the top of its agenda priorities during COP28: Mariam Almheiri
Mariam bint Mohammed Almheiri, UAE Minister of Climate Change and Environment, and COP28 Food Systems Lead, confirmed that UAE places the global transformation to sustainable agricultural and food sys
Dubai Airshow opens today with aircraft orders expected from UAE, Saudi airlines
As the biggest aerospace event on the UAE’s calendar opens today, with the Dubai Airshow bringing together local, regional, and international players in the industry, all eyes will be on Gulf carriers, including Emirates, flydubai and Riyadh Air to make major announcements.
UAE weather: Humid night ahead; temperature to drop to 15°C in some areas
The weather in the UAE on Monday will be fair to partly cloudy at times, according to the National Centre of Meteorology (NCM). Temperatures are set to drop to 23°C in Abu Dhabi and Dubai, while mountainous regions will see the mercury drop to 15°C.
COP28: UAE Reiterates Support For UNESCO Goals And Programs
Sheikh Salem bin Khalid Al Qasimi, UAE’s Minister of Culture and Youth, called on member states of the United Nations Educational, Scientific and Cultural Organization (UNESCO) to join the efforts of the UAE and its friends in leading climate change to save the planet,
Your Gateway to Prosperity: Mastering Free Zone Company Setup in the UAE
In the vibrant heart of the Middle East, the United Arab Emirates (UAE) stands as a symbol of economic vitality and a sanctuary for entrepreneurs’ aspirations.
Rory McIlroy is Europe’s No. 1 after clinching Race to Dubai
SUN CITY, South Africa — Rory McIlroy is No. 1 on the European tour for the fifth time. McIlroy clinched the Race to Dubai on Sunday without even playing in the Nedbank Golf Challenge. He is assured of being ahead of the season points race regardless of what happens next week in the DP World Tour Championship in Dubai.
Decree issued on regulations of GCC quarantine system
Later, the delegation visited the Abu Dhabi customs department and the veterinary quarantine of the sea ports department and the veterinary quarantine of the Abu Dhabi airport cargo section.
Looming Emirates 777X deal to kickstart Dubai Airshow, sources say
DUBAI, Nov 13 (Reuters) – Middle East carriers look set to order tens of billions of dollars of long-haul jets at the opening of the Dubai Airshow on Monday, as Emirates renews confidence in the …
Saudi Arabia, UAE, 7 others block proposal to snap all ties with Israel at Islamic nations’ summit: Reports
Apart from cutting ties with Israel, the proposal demanded that Arab countries should ‘threaten to use oil as a means of leverage’ to achieve ceasefire in Gaza.