Dubai-based port operator DP World reports a 60% drop in profits, largely attributed to disruptions in the Red Sea caused by Houthi attacks linked to the Israel-Gaza conflict.
Chinese Firms See Dubai as Key to Global Expansion
Dubai Dubai is increasingly becoming a strategic hub for Chinese businesses aiming to expand their international presence. This shift reflects broader trends in global commerce and geopolitics, with …
DRI Nabs Passengers with Rs 3.33 Crore Worth Gold Dust at Mumbai Airport
The Directorate of Revenue Intelligence (DRI) arrested two passengers arriving from Abu Dhabi at Mumbai International Airport for smuggling 4.52 kg of gold dust hidden in wax form. The gold, valued at …
Sri Lanka Trade Fair Dubai 2024 set to showcase various industries in UAE
With Dubai serving as a strategic hub for international trade, the Sri Lanka Trade Fair Dubai 2024 aims to foster new business relationships, enhance existing ties, and explore new market …
UAE: Meet 24-year-old engineering graduate who chose to be a shepherd
Ahmed Hamad Al Sheikh, 24, just earned a degree in electrical engineering from a university in the UAE this year. But instead of pursuing a professional ca..
It’s boomtime in Dubai as property demand turns red-hot
Emaar Properties, whose name is splashed across Dubai’s skyline, announced that its development business made $8.1 billion in sales through the first half of the year.
It’s boomtime in Dubai as property demand turns red-hot
Emaar Properties, whose name is splashed across Dubai’s skyline, announced that its development business made $8.1 billion in sales through the first half of the year.
Dubai booms with influx of anxious wealth
READ: Asia wealth managers flock to Dubai as clients look to diversify Dubai has a long history of indirectly benefiting from crises in the region. When the ultra-wealthy worry about turmoil, the city …
IT business migration to Dubai
Pakistanis, having systematically moved their capital overseas and invested $11 billion in properties in Dubai, there is now a flow of business investments from Pakistan into the emirate, notably in the IT sector.
Dubai leads the way as GCC retail spending set to hit $300bn by 2028
Dubai is primed to lead the GCC retail spending surge that will hit $300 billion by 2028, according to the ‘Shopping for growth: how to build an urban retail destination’ report published by Strategy& …
Multibillion-dollar Adnoc projects gain momentum as Abu Dhabi giant targets expansion of legacy assets
Company currently executing multiple expansion projects including the Upper Zakum and Lower Zakum offshore fields …
Grandweld Shipyards Delivers New Vessel to UAE Operator
Grandweld Shipyards has delivered its latest vessel – the FNSA 7 – to Fujairah National Shipping.Based on Grandweld Shipyards’ design the …
India should seek to curb bullion imports from UAE, says GTRI
The main goal of the review should be checking the surge imports of bullion from UAE after the pact became operational in May 2022 as it is distorting the trade, the trade policy think-tank said in …
Ten ways to tell if you’re an Abu Dhabi old-timer
It’s been a decade since I moved to Abu Dhabi from the US. What began as an adventure into the unknown in 2014 has turned into finding a place I now call home. Over the past 10 years, the city has …
Longevity business booms in Dubai as clients look to extend healthy life
An anti-ageing clinic in Dubai has opened its doors with the claim that it can take ten years off the biological age of those enrolling in customised longevity programmes.In an era of longevity …
GTRI suggests duty cuts withdrawal on silver, diamonds, gold jewellery under India-UAE FTA
With the government seeking a review of certain provisions of a free trade agreement with UAE, think tank GTRI on Friday asked for the withdrawal of duty cut concessions on platinum, silver, diamonds, …
Abu Dhabi to India flights are about to get extra special with Etihad
Etihad’s love affair with India began on September 26, 2004, with its inaugural flight to Mumbai, and the relationship has only grown stronger over the years. Today, Etihad operates nonstop flights …