The members of a gang who kidnapped a Chinese man over a financial dispute have had their prison sentences reduced from three years to six months by the Dubai Court of Appeal. Court records showed …
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UAE’s AD Ports Group sees net profit rise 59% YoY to Dhs300m in Q2 2022
The 22.32 per cent stake in Aramex, which was transferred to AD Ports Group in January 2022, contributed Dhs12m to EBITDA and net profit in Q2.
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UAE leads in MENA venture capital funding, raising $699 million in first half
Pure Harvest Smart Farms’ deal in June $181 million mega round “drove the agriculture industry to the second-most funded rank” in the UAE over the first six months, this year UAE leads in MENA venture …
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Dubai records over $381mln in real estate transactions on Monday
DUBAI: Dubai real estate market recorded 528 sales transactions worth AED1.28 billion, in addition to 91 mortgage deals of AED169.72 million, and 10 gift deals amounting to AED23.06 million on Monday, …
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UAE tops in MENA venture capital funding, raising $115 million in first half
Pure Harvest Smart Farms’ deal in June $181 million mega round “drove the agriculture industry to the second-most funded rank” in the UAE over the first six months, this year UAE tops in MENA venture …
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Dubai records over AED1.4 billion in real estate transactions Monday
Dubai real estate market recorded 528 sales transactions worth AED1.28 billion, in addition to 91 mortgage deals of AED169.72 million, and 10 gift deals amounting to AED23.06 million on Monday, data …
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Dubai Gold and Commodities Exchange brokerage firms can now join DFM as derivatives members
Dubai Gold and Commodities Exchange-licenced brokerage companies can acquire a range of DFM derivatives membership licenses, including trading brokerage, and trading and clearing brokerage …
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UAE: New reporting rules will have no adverse impact on residential units supply
Dispelling an impression that new rules may slow down real estate activity, executives and property developers said the sector will continue to attract foreign …
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Alaan launches UAE’s first business card with up to 2% cashback
Commenting on the launch, Parthi Duraisamy, CEO and Co-Founder of Alaan said: “It’s great to have launched an industry-first business cashback card. Consumers have long had access to such cards in UAE …
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Chasing next UAE’s stock market winners means cutting out herd mentality
Tabreed outperformed in these 3 years – and there are more such winners among UAE stocks What does it take to exploit a market? This is complex query for it requires both methods as well as personal …
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Gold in the UAE: Buy or hold? Prices expected to drop further by mid-week, before rising again
Price of gold drops by Dh1 per gram on Monday morning in the UAE, but is it time to buy? With the price of gold dropping by Dh1 per gram on Monday morning, is it time to buy or hold? Image Credit: …
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How to use credit cards without falling into the debt trap
People have multiple cards to utilise various discounts, cash back or points systems. Others have because they maxed out the ones they have and take out new ones to use further …
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Sheikh Hamdan orders financial aid for 1,100 minors before new academic year begins in Dubai
Ahmad Abdulkarim Julfar, Director General of Dubai Community Development Authority, said: “The directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, refle …
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Dubai announces financial aid for over 1,100 kids before new school year
The Dubai Crown Prince has issued directives to offer additional financial assistance to over 1,100 minors before the start of the new academic year. The Dubai Community Development Authority said the …
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Dubai: Deputy Ruler wishes Pakistan on 75th Independence Day
Pakistan’s Prime Minister Shehbaz Sharif thanked the UAE for its announcement to invest $1 billion in Pakistani companies …
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‘How can I apply for statements of my closed UAE bank account from overseas?’
I have emailed and called the bank more times than I can count over the past few months and keep being told to log in to online banking — which I can’t do as the account is closed — and use my …
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Payroll software Bayzat secures support of UAE finance ministry fund
The Dubai-based HR and payroll software will use the funding to expand its workforce and to strengthen its technical development team Payroll software Bayzat secures support of UAE finance ministry …
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