The Ruler of Sharjah warmly welcomed a diverse gathering of scholars and researchers from across Europe at the conference, sharing his profound joy over the completion of the volumes of the Historical …
Dubai ranks among top 5 in global shipping index for fifth year
Dubai is the only Arab city among the top 20 listed in the 2024 International Shipping Centre Development Index …
Inside the secretive world of offshore finance
Offshore financial centers provide foreign companies and the uber wealthy a place to stash their wealth under favorable financial conditions.
Dubai free zone to host record diamond auction, 50,000 carats on sale
DMCC (Dubai Multi Commodities Centre) and Rapaport Diamond Corporation have announced the largest polished diamond auction in Dubai history by number of lots. More than 3,200 lots of polished diamonds …
Dubai International Financial Centre a hub for brokerage firms
Salmaan Jaffery, Chief Business Development Officer, DIFC Authority, said, “We welcomed 12 new international brokerages to DIFC during 2023. The consistent inflow of top firms underscores Dubai’s …
Gold Import Rules: How Much Gold Can You Legally Bring From Abroad? Here’s What You Need To Know
With fluctuating gold prices in India, many people keep an eye on gold rates in other countries, particularly places like Dubai, where gold is often cheaper. This raises an important question: how …
Vietnam’s Dung Quat refinery buys UAE’s Murban oil for first time, sources say
Vietnam’s Binh Son Refining and Petrochemical has purchased its first cargo of Murban crude oil produced in the United Arab Emirates as it diversifies import sources for its Dung Quat refinery, two …
Drydocks World signs deal for largest floating sheerleg crane in Middle East and Africa
Drydocks World signed a contract with Shanghai Zhenhua Heavy Industries Co. Ltd. (ZPMC) to acquire a new generation 5,000 tonne Floating Sheerleg Crane, which will help meet the growing demand for …
Sharjah launches ‘Seal the Deal’ to support university startups, raises AED 520,000
The launch attended by Sheikha Bodour bint Sultan Al Qasimi will provide young entrepreneurs access to initial investments and support …
Sharjah launches ‘Seal the Deal’ to support university startups, raises AED 520,000
The launch attended by Sheikha Bodour bint Sultan Al Qasimi will provide young entrepreneurs access to initial investments and support …
Third round of Khaled Bin Mohamed Bin Zayed Jiu-Jitsu C’ship to be held in Sharjah
The UAE Jiu-Jitsu Federation has confirmed that preparations are underway for the third round of Khaled Bin Mohamed Bin Zayed Jiu-Jitsu Championship – No-Gi competitions.
Meet the richest Indian in Dubai, a billionaire businessman who has a staggering net worth of Rs 20,883 Crore and runs a Rs 16,709 Crore empire
The aforementioned entrepreneur founded a successful company in the UAE back in 1993, with just a few thousand …
Dubai Chamber of Commerce Launches Georgian Business Council to Boost Bilateral Trade
The Dubai Chamber of Commerce has established the Georgian Business Council to strengthen trade and investment ties between Dubai and Georgia. This initiative aims to enhance cooperation, create …
Money & Me: ‘My best investment is a $100m Dubai Hills mansion’
Indian businessman Satish Sanpal, who is the chairman of UAE-based investment firm Anax Holding, embarked on an acquisition spree during the Covid-19 pandemic, buying land plots and properties in …
Abu Dhabi’s G42 teams up with Nvidia to offer AI-led climate solutions
UAE artificial intelligence company G42 has partnered with global chip maker Nvidia for developing AI solutions aimed at enhancing the accuracy of weather forecasting globally. The collaboration will drive advanced climate solutions through Nvidia’s Earth-2 platform that can make climate and weather predictions with interactive,
UAE economy will expand to 4.8 per cent in 2025
Scott Livermore, ICAEW Economic Advisor and Chief Economist and Managing Director of Oxford Economics Middle East, projected that the UAE economy will expand to 4.8 per cent in 2025.
KASCO Developments unveils AED 1.2bn investment in three major projects in Dubai
KASCO Developments, a new venture floated by the UAE-based real estate major KASCO Group, announced the launch of its initial three projects, with an investment of over AED 1.2 billion. The projects …