The couple moved to Dubai for a better life but Charlotte watched Ali die in front of her in a jet ski accident …
UAE President arrives in Republic of Korea on state visit
This visit follows an invitation from His Excellency Yoon Suk Yeol, President of the Republic of Korea. As His Highness the President’s aircraft entered Korean airspace, it was escorted by military …
MoIAT partners with Emirates Development Bank to launch AED 370 million of financing for AI
The Ministry of Industry and Advanced Technology (MoIAT) has announced a partnership with Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement …
Nakheel awards infrastructure contracts for Palm Jebel Ali, UAE
Dubai-based Nakheel, a Dubai Holding member, has awarded infrastructure contracts for the next phase of development at Palm Jebel Ali in UAE. Spanning 13.4km of land and encompassing 10.5 million m 2 …
Mideast Stocks: Qatar index hits 7-month low as most Gulf bourses slip; Dubai gains
Dubai’s benchmark index bounced back after three straight sessions of losses to end 0.4% higher, supported by gains in consumer staples, communications and finance. Dubai Islamic Bank advanced 3.1% …
Dubai’s RTA completes road upgrades in Al Qusais Industrial areas
Dubai’s Roads and Transport Authority (RTA) has announced the completion of road and lighting improvements in the Al Qusais Industrial areas 1, 2, 3, 4, and 5 in …
UBF approves plans to strengthen banking sector
The meeting approved the strategic goals and plans of UAE Banks Federation for 2024, as presented by the Board of Directors, to develop the UAE banking sector and strengthen the UAE’s position as one …
UAE jobs: Vacancies expected as major bank commits Dh5 billion towards manufacturing sector
As part of Operation 300bn, Emirates Development Bank will provide Dh30 billion in financing support to 13,500 companies in five sectors …
Fly Emirates to Dubai this summer
Travel to Dubai this summer and gain free access to key attractions when buying an Emirates ticket, as well as access to discounts and rewards via My Emirates Pass. Emirates has launched great offers …
Qatar index hits 7-month low as most Gulf bourses slip; Dubai gains
Dubai Islamic Bank (DISB.DU) , opens new tab advanced 3.1% and Parkin Company (PARKIN.DU) , opens new tab rose 1.9%. Oil prices, a catalyst for the Gulf’s financial markets, were up 0.9% as markets …
UAE: ADJD settles 822 execution files in lawsuits concerning Wahat Al Zaweya Project
These lawsuits involved a total of 822 execution files, with final court rulings requiring the refund of deposits totalling AED702 million …
DIFC publishes Regional Outlook for Banking and Capital Markets
Dubai, UAE: Dubai International Financial Centre (DIFC), the leading global financial centre in the MEASA region, has published a ‘Regional Outlook for Banking and Capital Markets’ report in …
Dubai real estate: How much does it cost to live in the Burj Khalifa? Details revealed
The real estate market in Dubai is influenced by various factors such as economic … Living in the Burj Khalifa entails more than just rent or mortgage payments. Residents are subject to annual …
BIG Holding’s $146.5m IPO draws orders worth $2.5bn
Kuwait’s Beyout Investment Group (BIG Holding) has attracted $2.5bn (KWD767m) in investor orders for its initial public offering (IPO) on the local bourse, in what is set to be the country’s first …
‘Next50 ‘ holds 1st meeting to formulate new vision to promote growth of UAE’s private sector companies
Investopia, in partnership with EMIR, an emerging market research specialist, held the first meeting of the ‘Next50’ initiative, which aims to promote dialogue and knowledge sharing among leading …
Alvarez & Marsal: Q1’2024 rewarding for the UAE banks, credit outlay grew, deposits mobilization and profitability increased
Plummeting impairment charges (-47.9 percent QoQ) and growing total operating income (+4.8 percent QoQ) contributes to profitability gains …
National Bank of Fujairah hosts knowledge-sharing platform focused on maximising investment horizons
Business leaders and industry experts give insights to help NBF’s customers better understand the investment management landscape …