Abu Dhabi National Hotels (ADNH) has acquired land on Ras Al Khaimah’s Marjan Island to develop a hotel. No sale price was mentioned for the acquisition, which was posted to Abu Dhabi Securities …
Sharjah Taxi honours 10 taxi drivers with Traffic and Safety Award
The award is given by Sharjah Taxi, a subsidiary of Sharjah Asset Management Company, the investment arm of the Government of Sharjah, to educate drivers about adherence to road safety. It is divided …
China’s oil imports have surged from an area known for offshore ship-to-ship crude mixing meant to hide its origin
Imports of Malaysian oil have soared to nearly 800,000 barrels per day, which is more than what it produces on its own, according to Bloomberg.
Light aircraft crashes in carpark of Abu Dhabi’s Grand Mosque, pilot hurt
The Cessna single-engine plane was approaching an exclusive airport for private jets in the UAE capital’s centre when it came down near the white marble landmark, the country’s biggest mosque.
Hustle And Heart: The Nigerian Entrepreneur Promoting African Food In Dubai
The word ‘multi’ comes up many times in a conversation with 28-year-old Dubai-based Nigerian businesswoman Gbemi Giwa. “I am a multi-passionate entrepreneur with a knack for turning ideas into …
Net profits of listed Dubai, Abu Dhabi firms jump 50% in Q2
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 …