Dubai, deemed “the New York for Africans now,” is a primary gateway for global investors who want to do business on the continent. The downsides of the Gulf-Africa relationship, however, continue to …
Investments worth $9.25m committed to start-ups at Dubai FinTech Summit
15 regional finalists pitched at the FinTech World Cup grand finale during Dubai event Mohammed Saleem, Founder and Chairman of Trescon and Naveen Bharadwaj, Group CEO of Trescon at Grand Finale of …
USD 9.25mln in investments committed to start-ups during FinTech World Cup at Dubai FinTech Summit
Dubai: The much-awaited Grand Finale of the FinTech World Cup (FWC) hosted by Trescon in partnership with Dubai FinTech Summit (DFS), VISA, Emirates NBD & Amazon Web Services (AWS), witnessed …
Testing under way at Mubadala Energy’s latest offshore wildcat
United Arab Emirates operator Mubadala Energy is understood to have made a discovery with its Tangkulo-1 wildcat, the latest well in the ongoing exploration and appraisal campaign on Andaman Sea …
Abu Dhabi ushers in a new era of luxury living as Ohana Development launches Elie Saab Waterfront
Ohana Development announced its Elie Saab Waterfront project, a visionary residential tower that will redefine luxury living in the heart of Abu Dhabi’s Al Reem Island. The 39-floor tower will be the …
Deputy Ruler Of Abu Dhabi, Sheikh Hazza bin Sultan bin Zayed Al Nahyan, Passes Away | World Leaders Pay Tribute
The deputy ruler of UAE’s Abu Dhabi, Sheikh Hazza bin Sultan bin Zayed Al Nahyan, died on Thursday. He was the younger brother of the President of the United Arab Emirates Sheikh Mohamed bin Zayed Al …
17 Dubai-based firms explore overseas expansion opportunities
Dubai International Chamber has successfully concluded its week-long trade mission to Southeast Asia by arranging 180 bilateral business meetings between 17 companies from Dubai and Vietnam.
Fintech industry’s annual growth expected to be 16.5%, with software experts like 10Pearls leading the way
Neobanks and fintech solutions hit the US market more than a decade ago, acting as a catalyst for a financial digital revolution. A recent survey from Visa found that 87% of American consumers are …
Infighting among fintech players has caused TabaPay to ‘pull out’ from buying bankrupt Synapse
Synapse’s counsel declared in bankruptcy court on Thursday that the deal would not be moving forward, Fintech Business Weekly’s Jason Mikula shared on LinkedIn. A spokesperson for TabaPay confirmed to …
Import ban on meat from Pakistan lifted
a long-standing ban on the import of meat from Pakistan to the UAE has also been lifted through a notification issued by the General Secretariat of Municipalities. Following permission being …
I wish I’d known
From redefining retail and simplifying fintech to connecting students with their ideal teachers, we meet six young entrepreneurs who have turned big ideas into emerging businesses with a wealth of …
Sharjah Publishing City Free Zone enhances their services with 24/7 support, advanced financial solutions
In response to increasing demand from entrepreneurs and investors from the region and around the world, the Sharjah Publishing City Free Zone (SPC Free Zone) has announced expansion of operations to …
Buoyant investor demand to drive Dubai’s housing delivery to 35,000 units in 2024
Over the remaining nine months, an additional 25,000 units are scheduled for delivery in Dubai, primarily consisting of apartments located in prominent areas such as MBR City, Business Bay, Jumeirah …
Ajman Bank sets new record jumping to 117.1mln up by 139% profit before tax
His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, Chairman of Ajman Bank, “Our strong financial performance in the first quarter of 2024 is a testament to the success of our …
UAE: Etihad Airways reports Dh526 million profit in first quarter
UAE’s Etihad Airways on Thursday said it recorded a profit after tax of Dh526 million in the first quarter of 2024 as compared to Dh59 million in same quarter last year, a significant improvement of …
Dubai: Parkin to build multi-level parking spaces for motorists during unstable weather
The provider may also expand its services to privately owned developments and centres, including shopping malls and commercial hubs …
Euroseas strikes first deal with UAE-based lender to fund newbuildings
Euroseas, a US-listed owner of 26 container ships, has struck its first financing deals with the National Bank of Fujairah (NBF) for two of its newbuildings. The UAE-based lender has extended a $22.5m …