Avaloq, a provider of private banking, wealth management and investment management technology, has inaugurated its new regional office in the Dubai International Financial Centre (DIFC).
How UAE-India trade corridor helps keep prices low, quality high for imports in Dubai
A trade agreement signed by UAE and India in 2022 has helped to keep the cost of imported Indian products low in Dubai, according to a local retailer. Nilesh Ved, Chairman and CEO of Apparel Group, …
Foreigners Boost 1Q Trading on Abu Dhabi Exchange to 4-Year High
The Abu Dhabi Securities Exchange witnessed a 151% surge in net foreign investment in the first quarter as it rolled out a new corporate structure, technology upgrades and a broader range of product …
Dubai’s Mashreq to work with Goldman Sachs to cater for rich clients
Dubai-based Mashreq has entered a partnership with Goldman Sachs Asset Management to offer discretionary investment services and tap growing demand for professionally managed portfolios in the Gulf.
Group 3 winner Castle Way headlines Dubai Horses In Training Sale at AED500,000
2023 Bahrain Trophy winner Castle Way topped the Dubai Horses in Training Sale on Wednesday when selling to Abubaker Kadoura for AED500,000 ( £105,195/€124,207).
Dubai’s RTA awards bridge contract to improve access to Dubai Islands
The Roads and Transport Authority (RTA) of Dubai has awarded a contract to build an eight-lane bridge over Dubai Creek. The agency said it issued the contract to offer direct access points to Dubai …
Dubai Duty Free records $565bn in Q1 sales
Dubai Duty Free has announced record sales of AED2.06 billion ($565 million) in the first quarter of 2025, driven by an exceptional performance in February, which recorded the highest monthly sales in …
Sharjah man’s 32-hour sleep due to exhaustion turns nearly fatal; rushed to ICU
A 51-year-old Sharjah resident returned home feeling completely drained after an exhausting day at work. Hoping to take a power nap, he lay down, still in his work clothes. But what happened next left …
Fintech Special Edition: The new face of investing in the digital era
The rise of financial technology, or fintech, has fundamentally transformed the investment landscape, making it more inclusive and accessible than ever before. Once a domain dominated by institutional …
Production at Adnoc’s new offshore block set for 2027
Pakistan’s Oil and Gas Development Company Limited (OGDCL) expects to start production in Abu Dhabi’s offshore block-5 by 2027, while also increasing domestic oil and gas output and diversifying into …
Abu Dhabi shuts down cafeteria for violating food safety law, posing health risk
Strong Tea Cafeteria in Mohamed Bin Zayed City, Abu Dhabi, has been shut down for violating food safety laws in the emirate. The authorities said that the cafe posed a ‘significant risk’ to public …
IIMA to launch Dubai campus in 2025 with full-time MBA, eyes global talent and leadership
The Dubai campus will launch with IIMA’s full-time One-year MBA programme, tailored for working professionals and entrepreneurs …
“If you’re not in Dubai or Mumbai, it’s goodbye”
The Dubai-India Business Forum in Mumbai, held on the sidelines of the Dubai Crown Prince’s landmark visit to India, spotlit opportunities and synergies between the financial capitals of the UAE and …
Dubai Customs thwarts attempt to smuggle 147.4 kg of narcotics, psychotropic substances
DUBAI, 25th March, 2025 (WAM) — Dubai Customs, operating under the Ports, Customs, and Free Zone Corporation, has thwarted a major smuggling attempt, intercepting 147.4 kilogrammes of narcotics and …
Worried UAE investors seek answers from UK asset firm under fraud investigation
Several UAE-based investors say they are in the dark about their funds after a UK-based asset management firm under investigation for suspected fraud, suspended payments.
We tried the viral Dubai chocolate. These are the best supermarket versions
The hottest chocolate in town is from Dubai. A doorstep-sized slab stuffed with an oozing mixture of ground pistachios, sesame paste and crisp shreds of an Arabic pastry called kadaif, it’s the star …
UAE: Sharjah to use AI in buildings for early fire detection, prevention
Sharjah will start using artificial intelligence (AI) in buildings in the future to help with fire safety. The first step in this will be a research carried out in Sharjah with help from local and …