ABU DHABI – The Abu Dhabi National Oil Company (ADNOC), announced today, an investment of up to $318 million (AED1.16 billion) to connect newly drilled smart wells to the main production facilities at …
( read original story …)
Dubai Holding Participates In Arabian Travel Market 2021
Dubai Holding, a diversified global holding company with operations in over 13 countries, has participated in Arabian Travel Market 2021, the region’s l …
( read original story …)
Ramadan 2021 saw most transactions recorded in Dubai during the holy month
Over 4,800 properties worth $2.8 billion were sold in Dubai during the holy month, an all-time record Ramadan this year saw the highest-ever number of transactions for the holy month with 4,804 …
( read original story …)
Dubai property market: Buyers splurged $2.7bln during Ramadan
There was always a myth that the real estate market slowed down during Ramadan and a few years ago we dove into the data and debunked that myth. Ramadan has proven to be a stro …
( read original story …)
Time for a rethink on the UAE’s red listing? An open letter to Grant Shapps, the UK’s Secretary of State for Transport
As the UAE’s coronavirus cases continue to decline, and the nation is named as one of the most covid-resilient in the world, Arabian Business is urging a rethink on the emirates’ Red List status …
( read original story …)
Due Diligence, Digitized: Dubai-Based Startup Diligend Is Working Towards Simplifying Decision-Making For Investors Through Its Centralized Platform
A part of in5’s community of startups in Dubai, the firm offers fund due diligence for investors and consultants, monitoring of fund managers, as well as research management and customer relationship …
( read original story …)
Dubai Fintech Mamo Secures $8M via Pre-Series A Round, Will Expand Operations into UAE, Saudi Arabia
Dubai-headquartered Fintech firm Mamo has reportedly secured $8 million through a pre-Series A funding round. Mamo offers a digital wallet and payments platform and has previously raised $1.5 million …
( read original story …)
DJ Khaled Lights Up Dubai Festival City Mall With IMAGINE, the Spectacular Laser, Light and Water Show
Album Khaled Khaled, Dubai Festival City Mall will launch a spectacular new IMAGINE show this Eid Al Fitr Show to feature lasers, lights, fountains as well as the largest outdoor projection, …
( read original story …)
Abu Dhabi lends a helping hand to Covid-hit startups
Kolkata: The startup ecosystem in Abu Dhabi is keen on boosting its counterparts in India and other countries with financial aid, global linkage and mentorship that can help the latter revive and …
( read original story …)
Get your heart pumping at this brand-new Fitness First club
There are a number of classes every fitness enthusiasts must try… Fitness First, one of the world’s leading health and fitness brands has recently opened a brand-new club at Dubai Festival City Mall.
( read original story …)
Dhs1million up for grabs with Dubai Summer Surprises
Al Bustan Centre, Al Ghurair Centre, Al Khail Gate Community, Al Warqa City Mall, Burjuman Centre, Binsougat Centre, Bay Avenue, Dubai Outlet Mall, Mudoon Community, Oasis Mall, Shurooq Community, …
( read original story …)
The Noodle House electrifies delivery fleet
Sarood Hospitality’s homegrown legacy brand introduces new fleet of electric bikes in latest expansion to sustainability commitment …
( read original story …)
Fitch Affirms Sharjah Islamic Bank at ‘BBB+’; Outlook Stable
Fitch Ratings has affirmed UAE-based Sharjah Islamic Bank PJSC’s (SIB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’ wit …
( read original story …)
Israel tries to lure UAE tourists despite violence
As violence flares within Israel and on a day in which Israeli airstrikes on Gaza City killed at least 42 people Sunday, it was business as usual for a senior Israeli tourism official in Dubai as she …
( read original story …)
Dubai’s Emirates not looking at any layoffs as it looks to gradually ramp up operations
Emirates, which is currently operating to almost 120 destinations, is at roughly 30-35 per cent of capacity, says senior official …
( read original story …)
Sharjah Ramadan Festival concludes with over AED 700mn in sales
The 31st Sharjah Ramadan Festival, organised by the Sharjah Chamber of Commerce and Industry (SCCI), came to an end after reaching more than AED 700 million in sales. The final raffle draw was held on …
( read original story …)
Dubai fintech Mamo raises $8m in pre-series A funding
Dubai-based fintech, digital wallet and payments platform Mamo raised $8m in its pre-Series A funding round, it announced on May 17. The round was led by Global Ventures, along with the participation …
( read original story …)