Dubai’s main share index (.DFMGI) advanced 1%, hitting its highest since 2015, led by a 3.9% increase in top lender Emirates NBD (ENBD.DU), which is a whisker away from record high. Foreign direct …
Abu Dhabi: Sheikh Zayed Festival opening date revealed
T he new edition of the popular Sheikh Zayed Festival will be held from November 17, 2023 to March 9, 2024, in Abu Dhabi’s Al Wathba area, the organising committee announced.
F1 announces Abu Dhabi Yas Marina Circuit as finale race track in 2024
Following this announcement, it has been revealed that Abu Dhabi’s Yas Marina Circuit will once again be the host of the much-anticipated race final from December 5-8 next year. Tickets for the 2024 …
Man City treble winner Ederson enjoys family vacation in Abu Dhabi following historic season
The City goalkeeper soaked in the atmosphere at Emirates Palace Mandarin Oriental Abu Dhabi, Louvre Abu Dhabi and Warner Bros. World Abu Dhabi …
Why the world’s super-rich are investing in Dubai real estate
In the City of Gold, the world’s wealthy show no sign of ending their real estate shopping spree Why the world’s super-rich are investing in Dubai real estate Brand Dubai, Dubai, Dubai luxury real …
Dubai Chambers hosts four legal webinars to support and empower the emirate’s business community
Dubai Chambers has successfully hosted four webinars exploring a range of legal topics impacting the emirate’s business community. The informative onlin …
Customs officials in Delhi confiscate gold worth $337,000 smuggled from Dubai
Indian citizens on a flight from Dubai were arrested in Delhi after trying to smuggle gold worth almost $337,000 into the country. Customs officials seized 6.5 kilograms of gold bars at Indira Gandhi …
SSY offshore operation grows again with deal to buy German shipbroker F3O
SSY set up its offshore broking operation in February with the takeover of Kristiansand, Norway-based Westshore Shipbrokers. Founded in 2009, F3O was the first brokerage to specia …
Dubai tech start-up alfii raises $2.5m to fuel growth
Dubai-based tech start-up alfii raised $2.5 million in a pre-seed funding round as the company aims to expand its team and further develop its product offerings. The latest funding round was led by …
UAE: Farnek wins $97mln facilities management contracts in H1
It has been particularly successful in the hospitality sector, winning contracts for housekeeping, maintenance and security from SLS Residences in Dubai’s Business Bay, the five-star Sofitel The Palm …
UAE’s RAKEZ signs MoU with Manufacturers’ Association of Israel
The economic freezone seeks to provide an adaptive and supportive ecosystem for investors looking to expand their horizons and businesses …
Abu Dhabi Customs launches new corporate identity
The new identity is in line with Abu Dhabi’s aim of consolidating its position as a world-class customs authority while achieving the emirate’s goal of sustainable development …
Abu Dhabi Islands project: RFP deadline set for Q4 2023
A total of 41 companies and consortiums had submitted EOIs of which 19 have qualified for the RFP stage. Abu Dhabi Islands project: RFP deadline set for Q4 2023. abu dhabi, Abu Dhabi Islands Reverse …
Abu Dhabi’s ADQ, Canada’s Bank of Montreal to acquire minority stakes in Sagard
Abu Dhabi state holding firm ADQ and Canada’s Bank of Montreal plan to acquire minority equity stakes in Sagard, a global multi-strategy alternative asset management firm with $14.5 billion in assets, …
“We Got Funded!” Dubai-Based HR-Tech Platform Alfii Raises US$2.5 Million In A Pre-Seed Funding Round
Dina Mohammad-Laity, co-founder and CTO, Alfii. Source: Alfii The confidence shown by investors has heightened the Alfii co-founders’ hopes to become “the most comprehensive fintech-powered people …
Abu Dhabi, Austria’s OMV in talks to form US$30bil chemicals giant
DOHA: Abu Dhabi and Austria’s OMV AG are exploring a combination of Borouge Plc and Borealis AG to create a chemicals and plastics company worth more than US$30bil (RM139.57bil), people familiar with …
UAE attracts record $23 bln in foreign investment in 2022 – UN report
Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.