Dubai, the crown jewel of the United Arab Emirates (UAE), is a thriving business destination. Local and foreign busine …
GDRFA welcomes visitors to Dubai with a special #RamadanInDubai stamp
Upon their arrival in Dubai, immigration officers are marking visitors’ passports with a special stamp featuring the #RamadanInDubai logo. The logo has been designed by Brand Dubai, the creative arm …
Backpack Exchange Taps FinTech Executive for Top Finance Role Accelerating Global Expansion
Backpack Exchange, a fully regulated global cryptocurrency exchange, today announced that it has appointed Oliver Sleafer to serve in the role of Chief Financial Officer for various regulated …
Abu Dhabi’s IHC plans to list 100-billion dirhams holding firm next year
ABU Dhabi’s largest listed company, led by a key member of the emirate’s royal family, is looking to list a holding firm worth more than 100 billion dirhams (S$36.5 billion) by next year, according to …
LuLu supermarket plans giant $2bn IPO in Abu Dhabi: Report
The possible IPO would be one of the larger share sales in the Gulf region this year. In 2020, an investment firm owned by an Abu Dhabi royal bought a 20 percent stake in LuLu for over $1 billion, …
Sharjah Children launches its Ramadan campaign
The Sharjah Children, affiliated with the Rubu’ Qarn Foundation for Creating Future Leaders and Innovators, launched a Ramadan campaign, during the holy month of Ramadan, targeting children in the age …
Dubai real estate boosted by Chinese social media as buyers and sellers look to Douyin to drive investments
Dubai real estate sector is witnessing a surge in interest from Chinese social media platform and TikTok sibling Douyin …
UK’s abolition of non-dom tax status: How Dubai stands to benefit
By April 2025, a revamped tax regime will take effect, stipulating that all foreign income and gains will become taxable after just four years of UK residence …
FinTech Moove secures $100m Series B funding round
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
Dubai’s Parkin Jumps 31% on Debut After $429 Million IPO
Parkin Co. PJSC jumped as much as 31% in its Dubai debut after a $429 million initial public offering that received a record amount of demand.
Revealed: Top 4 child-friendly Dubai residential areas for families
Incidentally, these areas are the most preferred locations for property investors in the city because of their high rental demand …
UAE industrial growth: $51bn exports, manufacturing boom, Golden Visa incentives and more drive sector
“MoIAT also stimulated high-tech industries with financing solutions worth AED1.5bn ($408m) in 2023 alone. This has resulted in the growth of high-tech exports from AED2.9bn ($790m) in 2020 to …
Qatar Records Qr43mn Venture Capital Investments In 2023: QDB
As much as QR43mn worth of venture capital investments in Qatar were recorded in 2023, according to Qatar Development Bank’s (QDB) latest report, in …
UAE’s industrial exports have grown by Dh70 billion in 3 years: Sultan Al Jaber
T he UAE’s industrial exports have grown by more than Dh70 billion in the last three years, Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said on W …
Ras Al Khaimah Customs foils two travellers’ bid to smuggle 11kg of narcotics
Ras Al Khaimah Customs stated that in the two incidents, the customs officers identified suspicious luggage and suspected two travellers of carrying contraband items.
Afghanistan beat Ireland by 57 runs, win T20 series in Sharjah
The Irish were unable to chase down a target of 156, with Omarzai’s four wickets for just nine runs helping bowl the tourists out for 98 inside 18 overs.
Dubai Aerospace Enterprise signs new USD 420 million 5-year unsecured term loan
Dubai Aerospace Enterprise Ltd (DAE) today announced that it has signed a USD 420 million 5-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) …