Charlie Walker, Deputy CEO of the London Stock Exchange (LSE), stated that the UAE is enhancing its status as a leading economic powerhouse in the Middle East and North Africa (Mena) region through …
Dubai has 19,200 new hotel rooms in pipeline as investors eye tourism boom
Increasing average daily rates and revenue per available room as well as a 19,200-room pipeline have Dubai hospitality investors looking forward to growth …
Dubai has 19,200 new hotel rooms in pipeline as investors eye tourism boom
Increasing average daily rates and revenue per available room as well as a 19,200-room pipeline have Dubai hospitality investors looking forward to growth …
UAE employees want companies to offer savings, investment schemes: Report
Workplace and retirement savings is one of the bigger gaps in the Emirates with workers saying they don’t currently receive this benefit …
Dubai real estate: KASCO Group announces $136m wellness development in Business Bay
New Dubai real estate firm KASCO Developments has launched its debut project ONDA in Business Bay. The AED500m ($136m) project will have a special focus on wellness and is the first of a planned 1 …
Dubai real estate: KASCO debuts AED500mn residential project in Business Bay
KASCO Group has launched its debut real estate development project in Dubai’s Business Bay. Construction for the project, named ONDA, is set to start in Q4 2024, with completion and handover …
SLG Group breaks ground on AED 200 million integrated hub at Dubai Industrial City to chart global expansion
Silver Line Gate Group (SLG Group) has started construction on its AED 200 million integrated hub at Dubai Industrial City, the Middle East’s leading manufacturing and logistics hub that is one of TEC …
Dubai: Mall of the Emirates, 2 City Centre malls to introduce barrierless parking
UAE’S retail giant Majid Al Futtaim is introducing barrierless parking at three of its most popular malls in Dubai in collaboration with parking operator Parkin. . Dubai: Mall of the Emirates, 2 City …
FinTech Notes
Description: This Fintech Note aims to analyze how the issuance of central bank digital currency (CBDC) could affect monetary operations, which include central banks managing the demand and supply of …
Hubpay shakes up financial risk management for UAE businesses with the first fully automated hedging platform
Dubai, UAE – Hubpay, the leading fintech company specializing in digital foreign exchange (FX) solutions has launched the UAE’s first fully automated hedging platform that will minimize SMEs exposure …
Dubai real estate: Luxury Palm Jumeirah villa sold for $35.4m
Dubai real estate developer AHS Properties has announced the sale of its Searenity ultra luxury villa in Palm Jumeirah for AED130m ($35.4m). Searenity is the last of five villas that AHS Properties …
Abu Dhabi unveils ‘Data for Good Framework’, enabling public-private data partnerships to drive innovation
ABU DHABI: The Statistics Centre – Abu Dhabi (SCAD) has officially launched Data for Good (D4G) Framework, marking a significant step towards fostering data-driven innovation and strengthening public-private collaboration in the Emirate.
Lulu Retail to float 25% stake in IPO on Abu Dhabi Securities Exchange
Lulu Retail, a hypermarket chain operator, has declared its plans to float 2.58 billion shares, marking a 25% stake on the Abu Dhabi Securities Exchange (ADX). The initial public offering (IPO) is scheduled to be held from 28 October to 5 November 2024, with the final offering price set to be determined through a book-building process.
UAE launches DAO’s legal framework
Ras Al-Khaimah (RAK), one of the emirates in the United Arab Emirates, has introduced a new legal framework tailored for decentralized autonomous organizations (DAOs) within its free zone designated …
Gulf Film & TV Incentives Scene Heats Up As Abu Dhabi Increases Rebate To At Least 35%
Bolstering of rebate comes amid growing competition from other territories in region, notably Saudi Arabia which launched a 40% cash rebate in 2022.
Sepahan lose to Sharjah in 2024/25 AFC Champions League Two
TEHRAN, Oct. 22 (MNA) – Iran’s Sepahan lost to Sharjah of the UAE 3-1 on Matchdy 3 of 2024/25 AFC Champions League Two on Tuesday. Ousmane Camara opened the scoring for the hosts in the 26th minute …
A blowout trip to Dubai without blowing the bank
Dubai is many things, and cheap is not one of them. In this gilded lap of luxury, where fast cars race down wide boulevards and the world’s most exclusive brands sell their most expensive wares, it …