UAE-based traveltech Tumodo has partnered with Saudi Arabia’s fintech Tabby to enhance the growth of UAE’s travel industry.[1] Read More: UAE’s Traveltech The Digital Hotelier Raises $200,000 in …
Charts that show how Abu Dhabi turbocharged Man City’s revenues since 2008 takeover
Manchester City’s growth into a footballing powerhouse can be seen through the expansion of their trophy cabinet, and also through the incredible rise in revenues they have enjoyed since the Abu Dhabi …
Tax office wins High Court victory over Dubai billionaire’s horse stud
The Tax Office has had an important legal victory over the global horse racing empire run by Dubai’s billionaire ruler Mohammed bin Rashid Al Maktoum, with the High Court ruling on Wednesday that it …
Operators of illegal betting apps moving from Dubai to Sri Lanka
As Dubai’s scrutiny intensifies on the online gambling empire Mahadev, illegal betting operators are relocating to Sri Lanka. Offshore call centers and offices, crucial for these betting apps, are …
Is your UAE business weather-ready? Essential construction insurance explained
It’s crucial for the insured to act promptly and responsibly after damage has occurred to minimise loss. Is your UAE business weather-ready? Essential construction insurance explained. AES …
Dubai Industrial City Launches 13.9 Million Sq.Ft. Expansion To Strengthen UAE Manufacturing Sector – Middle East Business News And Information
Dubai Industrial City’s expansion comes after the region’s leading industrial and logistics destination noted 97% occupancy in its land lease portfolio in the first quarter of 2024 The additional land …
Dubai first globally in FDI inflows into cultural, creative industries: FT
Dubai succeeded in attracting 898 announced FDI projects into the cultural and creative industries in 2023 DUBAI: H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture …
UAE and South Korea to cut import duties, boost ties
South Korea and the United Arab Emirates signed a trade agreement to cut import duties and strengthen business and investment ties during a summit in Seoul.
Revolutionizing XAUUSD Trading: Avenix Fzco Launches Reversedo Forex Robot
Reversedo, the newest invention from the Dubai fintech firm Avenix Fzco, is expected to revolutionize the forex trading industry. Using advanced algorithms and technical indicators to examine market …
Dubai Shines Again As Greenfield FDI Hotspot
Greenfield FDI refers to either from-the-ground-up business or expansion of existing business initiated by companies based abroad. Dubai’s pole position in the rankings is noteworthy given Saudi …
Gold prices in Dubai Today Tuesday, June 4, 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Tuesday, June 4, opened at a selling price of AED 8,624.68 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …
Seafront Real Estate in Dubai: A Lucrative Investment Opportunity for Businesses
Tourism in Dubai opens doors in hospitality, retail, and entertainment. Dubai’s strategic location, technological focus, and multiculturalism also help it succeed.
UAE equities lose ground in May, reflecting regional trends
UAE equity benchmarks headed south over the last month, reflecting a broader trend across the GCC, as geopolitical issues and lower crude oil prices worsened a sell-off in global emerging markets.
A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites ‘gross mismanagement’
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to …
1 Fintech Stock to Buy Hand Over Fist and 1 to Avoid
Many fintech stocks have performed incredibly well in recent years. At times, Block and PayPal shares have doubled or tripled in price. One stock is a clear buy today. The other is best left alone.
Cyberattacks target booming fintech sector, doubling in Q1 2024
FinTech companies are facing a surge in cyberattacks, with application layer DDoS attacks accounting for half of all cyber-related crimes. Despite surges, 77 percent of UAE FinTech companies lack …
Sharjah strengthens cultural, economic partnerships with Beijing
A Sharjah delegation to the People’s Republic of China recently participated in high-level meetings with senior Chinese officials to explore cooperation opportunities and strengthen economic, cultural …