These partners included some of Dubai’s leading organisations, such as Emirates Airline, dnata, Dubai International Financial Center (DIFC), Expo City Dubai, Dubai Department of Economy and Tourism …
Ministry Of Finance Concludes H1 2024 Training Program On Government Financial Management Procedures
The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 …
Dubai real estate sector recorded $3.5bn of transactions last week
The Dubai real estate sector recorded more than AED12.9bn ($ … The Land Department also showed mortgage deals worth AED1.86bn ($506.4) last week. Gift transactions in the same period were valued at …
Dubai’s first integrated hospital specialising in gastroenterology breaks ground
Chief Executive Officer of the Dubai Healthcare City Authority (DHCA); Dr. Soo-Sung Park, Chief Financial Officer and Paediatric Orthopedic Surgeon at Asan Medical Centre; Najib Fayyad, Chief …
UAE: How can I recover money from a client after repeated cheque bounces?
For speedy legal remedy, you may consider filing an execution case against your client before the court of competent jurisdiction …
Polynome Group Unveils Plans For $100M Fund To Drive UAE’s AI Startup Ecosystem
Polynome Group has secured in-principle approval from the Dubai International Financial Centre (DIFC) and Dubai Financial Services Authority (DFSA) to launch its AI fund in 2025, following the …
AI Retreat: Minister Of State For AI Forecasts AI Will Shape Dubai’s Next 185 Years Of Development, Starting Today
Dubai–UAE:June 2024 – Dubai is well on track to becoming … while also exploring key AI enablers, such as finance and research. The AI Retreat served as a platform for direct and open communication …
UAE banks’ investments hits $181bn by end of April
according to the Central Bank of the UAE (CBUAE). The figures showed a 21% increase in investments at th end of April 2024 compared to the same month last year. At the end of last April, the …
UAE banks’ investments up 0.3% to Dhs666.2b
The total investments by banks operating in the country continued to rise steadily, reaching Dhs666.2 billion at the end of April 2024, registering growth of 0.3% …
‘Dubai doesn’t forget loyal people’: Sheikh Maktoum pays tribute to man who served the city for over 40 years
Starting as an assistant engineer, Qasim Sultan rose through the ranks to become assistant director, deputy director and, ultimately, director-general …
Up to Dhs20,000 fine for violations of ID cards and residency visas in UAE
The administrative fines related to the ID card are imposed in case of committing two violations: Delaying registration to obtain the ID card, and delaying its renewal after 30 days from its …
UAE banks’ investments up 0.3% to AED 666.2 billion by end of April
The total investments by banks operating in the country continued to rise steadily, reaching AED 666.2 billion at the end of April 2024, registering growth of 0.3% on a monthly basis, and 5% since the …
Delhi HC Imposes Interim Stay On Dubai Court’s Order To Honasa Over Compensation
On May 16, the UAE’ Court ordered Honasa to pay a compensation of AED 25.07 (around INR 56.6 Cr) Mn as damages to RSM General Trading Agency …
Ajman Bank Visa sign Partnership deal
Salima Gutieva, Visa’s VP and Country Manager for UAE, added, “We are delighted to partner with Ajman Bank on the AccelRight Visa Business Credit Card. Together, we aim to deliver outstanding …
UAE: MoF concludes H1 2024 Government Financial Management Awareness Programme
The Ministry of Finance has wrapped up its Government Financial Management Awareness Programme for the first half of the year, after offering nine courses attended by over 1,000 employees from 48 …
Dubai real estate: How new bank mortgage options make buying property easier than ever with reduced lump sum burden
Dubai real estate investors are turning to bank financing options to purchase properties with less burden on down payments to buy in off-plan developments. In a significant development for the real …
UAE Central Bank’s balance sheet hits record AED789.82bn in April 2024
The Central Bank of the United Arab Emirates (CBUAE) made history, with its balance sheet hitting a record AED789.82 billion by the end of April 2024. The April end balance sheet figures also …