Total net profits for Dubai’s banking sector rose by $621.5 million in Q2-2022 to reach $1.8 billion, up from $1.2 billion in Q2- 2021.
DXB LIVE confirms 10% growth in business volume
DXB LIVE, the integrated event management and organisation services arm of the Dubai World Trade Center (DWTC), announced substantial growth in business during the first half of this year achieving an …
China-United Arab Emirates (UAE): Bilateral Trade and Investment Outlook
China is among the UAE’s top commercial partners; both benefit from booming bilateral trade and investment cooperation on major BRI projects.
Man held after gold worth Dh430,000 found in his luggage at Sharjah airport
Suspect says he found the gold in sandy area in Sharjah but did not report to police Sharjah: An Asian passenger was arrested at Sharjah International Airport after gold worth Dh430,000 was found …
DXB Live sees 10% business growth in first half of 2022
DXB Live continues to enhance Dubai’s position in the events industry, create business opportunities, and increase …
Dubai real estate fintech start-up Stake raises $8mln
Dubai-based start-up Stake has raised $8 million in a pre-series A funding round, the largest capital raised by a real estate investment platform in the Middle East and North Africa (MENA) region. The …
Dubai property investment start-up Stake raises $8m in funding round
Dubai-based real estate FinTech start-up Stake has raised $8 million in an early stage funding round to drive its growth as regional investors flock to the stability of property investments amid …
Fintech firm Wise fined $360,000 by Abu Dhabi regulator
The regulator of Abu Dhabi’s free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requirements.Abu Dhabi …
MENA Region’s Neobanking Fintech Zywa Finalizes $3M Seed Round
Zywa, a teen-focused fintech aiming to “re-imagine” banking for Gen Z in the MENA region, has completed a seed funding round of $3 million.
Brazil’s Marcopolo sells 22 Volvo buses to Sharjah, UAE
The vehicles will be used on intercity lines. A delegation from the Sharjah Roads & Transport Authority (SRTA) and Al Futtaim Auto & Machinery Company (Famco) is in Brazil to visit the company’s …
BAN vs AFG: Wasim Jaffer shares hilarious meme from ‘No Entry’, jokes about bounce on Sharjah pitch
Former Indian opener Wasim Jaffer shared a hilarious meme about the bounce on the Sharjah pitch, during the match between Bangladesh and Afghanistan.
Rise of the Red Gold: How Dubai emerged as a global hub for saffron
Oblivious to the cacophony around him, the Pakistani trader holds a pinch of crimson red saffron between his thumb and index finger and asks his customers to have a closer look at the Red Gold that …
Dubai’s DMCC welcomes 15 companies through impact scale-up programme
The programme is the first of its kind in the UAE, supporting the growth of impact-driven businesses that align with the UN sustainable development goals.
Dubai Diamond Exchange sees $19.8 billion in trade during first half of year
Over 90 billion carats of polished diamonds and 120 billion carats of rough diamonds have been traded through the Dubai Diamond Exchange, housed at the Dubai Multi Commodities Centre (DMCC) since its …
VII Dubai is perceived as most enchanting night clubs in Dubai, says Satish Sanpal
Widely spoken about as the most stylish Iconic Entrepreneur within the corporate circles in Dubai, Satish Sanpal is the man behind the amazing night club VII Dubai (pronounced as …
Sharjah Police to deliver lost items to owners’ doorstep
Digital service does away with need to collect found items from police stations Sharjah: Sharjah Police have launched a new initiative to deliver lost items to the doorstep of owners. Colonel Yousef …
Amazon Web Services launches new region in UAE
Developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations will have even greater choice for running their applications and serving end users …