AD Ports Group announced today that Maqta Gateway, its digital arm and enabler of cutting-edge trade digitalisation solutions, has acquired a 60 percent equity stake in Dubai Technologies, a trade and …
Maqta Gateway buys 60pc of Dubai Technologies for $7.6m
Maqta Gateway, AD Ports Group’s digital arm, has acquired 60% equity stake in Dubai Technologies, a Dubai-based trade and transportation solutions’ developer for AED28 million ($7.6 million). The …
UAE’s Ras Al Khaimah poised for multi-sector investment boom in 2024
An investment boom is expected across several industries this year following the Wynn casino announcement and as Ras Al Khaimah’s economic diversification efforts attract foreign investors …
My Dubai Salary: ‘I earn Dh7.4 million a year as an entrepreneur’
Entrepreneur Ivan Kroshnyi has learnt some valuable financial lessons since setting up his first computer and office supply business in Ukraine at the age of 16. While the business made him a …
The New Status Symbol for UAE’s Elite: Luxury Lifestyles and Second Passports
Written by Veronica Cotdemiey, CEO, Citizenship Invest The United Arab Emirates (UAE) has always been a magnet for …
Passengers from Dubai ferried to domestic terminal instead of international
MUMBAI: In a case of a security breach, some passengers of a Vistara flight from Dubai to the city were taken to the domestic terminal instead of inte.
Dubai foodie frenzy: 14 delights you can’t miss!
Dubai’s diverse restaurants offer something for everyone, whether you crave classic Italian fare, unique Japanese fusion, or a taste of vibrant Mexico. New menus Starting February 1, Prime68 …
New brunches in Dubai: Hot spots to book up now
We do like to find out about new brunches in Dubai. And we absolutely love making sure you are the first to know about them. Inspired by the city that never sleeps (New York City, of course) head to …
Saudi Fintech Revolution Summit — Saudi’s Digital Finance Frontier: Fintech Unleashed
We TraiCon Events will be hosting Saudi Arabia’s premier fintech event titled as ‘Fintech Revolution Summit’ scheduled on 29th & 30th April 2024 at Riyadh, Saudi Arabia – A Leading Financial Hub of …
Sharjah Ruler opens 18th Nabati Poetry Festival
His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, opened the activities of the 18th edition of the Sharjah Nabati Poetry Festival, on Monday, which is …
Red Sea Danger Spurring Global Oil Buyers to Go Local
In Asia, a jump in demand for Abu Dhabi’s Murban crude led to a spike in spot prices … The fragmentation will not be permanent, but for now it’s making it tougher for import-dependent nations like …
Dubai DET inks deal to accelerate the emirate’s innovation roadmap
The Dubai Department of Economy and Tourism (DET) signed an agreement of intent with Microsoft, the US multinational technology giant, to accelerate the emirate’s innovation roadmap.
Are UAE Residents Permitted to Use VPN in the Country?
Residents in the UAE have the authorization to utilize Virtual Private Networks (VPNs), according to Muhammad Al Kuwaiti, the Head of Cybersecurity for the UAE Government. Read More: The Right Way …
Is Dubai’s property market surge fuelled by Indian investors?
Indian investors have put in around $1.6 billion in Dubai’s real estate market between 2020 and the first half of 2023.
Red Sea Crisis: India turns to West Asia to replace US oil supply
The US has been among India’s top-five crude suppliers for some time now, with domestic refiners buying an average of 205,000 barrels per day (bpd) of US crude in 2023. However, in the first month of …
Oil Market Sees Temporary Fragmentation amid Red Sea Dangers
Militant attacks in the Red Sea and surging freight rates make oil supplies from closer to home more attractive.
Abu Dhabi moves to bolster air corridor for food trade
Elena Sorlini, MD and Interim CEO of Abu Dhabi Airports said: “The launch of the Fresh Corridor 2.0 will encourage two-way food trade between the UAE and the rest of the world bringing food products …