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Posted on 10/12/2024

SEC reviews Sharjah’s GDP, gainsninsight into economic performance

Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, the Crown Prince and Deputy Ruler of Sharjah Chairman of the Sharjah Executive Council (SEC), presided over …

Posted on 10/12/2024

Chinese companies flock to Dubai as UAE-China trade tipped to reach $200bn by 2030

Dubai has remained a top destination for Chinese investments, ranking among the top three globally for investment value. The UAE is China’s second-largest trading partner (2022-2023). Trade between …

Posted on 10/12/2024

Company Formation in UAE: Your Gateway to Business Success

The United Arab Emirates (UAE) has emerged as a global hub for entrepreneurs and corporations, offering unmatched opportunities for business growth and lifestyle benefits. If you’re …

Posted on 10/12/2024

Christmas hopes fade for ‘devastated’ NI man held in Dubai

Craig Ballentine, from Cookstown, County Tyrone, was arrested in Abu Dhabi airport in October because he posted critical comments about his former employer in Dubai. He said he has paid a fine and …

Posted on 10/12/2024

Saudi bourse gains ahead of US rate cut decision; Dubai falls on tax concerns

Saudi Arabian stock market ended higher on Tuesday, as investors looked ahead to the U.S. Federal Reserve’s upcoming interest rate decision, while the Dubai bourse retreated on tax concerns.

Posted on 10/12/2024

UAE stablecoin gets green light from Central Bank

UAE businesses could soon be able to accept AE Coin, the first regulated cryptocurrency in the Emirates. The AE Coin, which has just received regulatory approval from the Central Bank of the UAE, is …

Posted on 10/12/2024

Sharjah announces rules on conditional release of prisoners

Prisoners in Sharjah may be granted conditional release under a new decision issued by the emirate’s Executive Council. The decision, announced on Tuesday, states that an inmate may be released on …

Posted on 10/12/2024

Oga Obinna reacts to photos of Dem Wa FB enjoying life in Dubai with mzungu man: “Sikuji airport”

Oga Obinna shared photos of Dem Wa FB having fun in Dubai with a Mzungu man. She also responded to the post. Fans reacted as she celebrated her first trip abroad.

Posted on 10/12/2024

Talabat Falls in Dubai Debut After Biggest Gulf IPO for 2024

Talabat Holding Plc gave up early gains in the food delivery firm’s trading debut to turn negative after raising more than $2 billion in the largest initial public offering for the tech sector this …

Posted on 10/12/2024

Unusual Rolexes Are the Focus of a New Dubai Boutique

Ahmed Seddiqi & Sons spent months searching for discontinued models to offer through the watch brand’s certified pre-owned program.

Posted on 10/12/2024

Delivery Hero’s Talabat Shares Jump on Dubai Stock Market Debut

The stock traded around 1.70 U.A.E. dirham compared with its initial public offering price of 1.60 dirham announced on Nov. 29.

Posted on 10/12/2024

Saudi, Qatari bourses gain; UAE markets fall on tax concerns

Saudi Arabian and Qatari stock markets rose in early trading on Tuesday, as investors looked ahead to the U.S. Federal Reserve’s upcoming interest rate decision, while markets in the United Arab …

Posted on 10/12/2024

First Abu Dhabi Bank Joins Tokenization Firm Libre for Collateralized Lending

An MoU signed in the UAE by First Abu Dhabi Bank and Libre Capital kickstarts a pilot credit line for approved lenders to use RWA tokens as collateral.

Posted on 10/12/2024

Abu Dhabi’s CYVN Holdings to buy McLaren’s automotive business, stake in racing business

CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success …

Posted on 10/12/2024

Talabat Rises in Dubai Debut After Gulf’s Biggest IPO for 2024

Talabat Holding Plc advanced in its Dubai trading debut after raising more than $2 billion in the largest initial public offering for the tech sector this year.

Posted on 10/12/2024

UAE’s first stablecoin receives final CBUAE licence to launch

AE Coin has secured the final Central Bank of the UAE (CBUAE) licence to launch, marking a significant milestone in the evolution of digital finance. Developed under the CBUAE’s digital payment token …

Posted on 10/12/2024

Why Dubai is a promising frontier for Indian startups and entrepreneurs

Dubai emerges as a prime destination for Indian startups, offering business-friendly regulations, global market access, and innovation opportunities.

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