Dubai is also a meeting of Eastern and Western cultures, so there are some customs and cultural differences to developed Western cities. Here are some things to consider when moving to Dubai: Dubai’s …
Abu Dhabi’s Lunate Weighs Raising $5 Billion to Hunt for Deals
Lunate, the year-old fund that’s quickly become a formidable investing force in the Middle East, is considering raising about $5 billion in financing that it could use for potential deals. Lunate is …
Dubai’s residential market beckons as a top destination for global residents
with the residential property market in Dubai seeing the completion of nearly 10,000 units in Q1 alone, and another 25,000 units scheduled for completion by the year-end across prime residential areas …
Dubai Royal Rescues Diver Who Nearly Drowned On Spearfishing Trip
One of the UAE’s top freediving experts had a near-death experience on his recent freediving and spearfishing trip. Zarir Saifuddin nearly drowned during an extremely risky dive but the timely …
Dubai: Over 80% Of Property Units Launched Since 2022 Sold Out
which were historically either around Dubai’s various Central Business Districts or leisure destinations. According to Tatiana El Bazi, senior research analyst at CBRE, the most recent data showed …
UAE urges taxpayers to submit applications or face fines
The UAE is reminding payers of Corporate Tax to submit applications on time or risk facing fines. The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licences issued in May …
Why Ocean Power Shares Are Gaining Today
Ocean Power Technologies shares surge as partnership with Unique Group aims to deploy USVs in UAE, boosting regional adoption of autonomous vehicle technology.
Why Ocean Power Shares Are Gaining Today
Ocean Power Technologies shares surge as partnership with Unique Group aims to deploy USVs in UAE, boosting regional adoption of autonomous vehicle technology.
OPT and Unique Group Team Up for USV Services in Middle East
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering …
UAE: Cost of living in Dubai, Abu Dhabi rise in H1 2024; here’s why
Rents in both emirates have been on the rise after the pandemic due to the influx of foreign professionals and high-net-worth individuals …
DNEG Group Secures $200 Million Investment From Abu Dhabi’s United Al Saqer Group
The fresh funding, which values the London-based VFX studio at over $2 billion, will be used to help accelerate its move into AI-driven content creation …
Ocean Power Technologies Partners with Unique Group for Autonomous Vehicle Services in the Middle East
Integrating OPT’s commercially available vehicles with Unique’s leading position in the offshore energy industry in the UAE will accelerate the adoption of USVs in the region. Unique Group’s knowledge …
4 FinTechs simplifying cross-border payments in the Middle East
IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …
UAE announces public holiday for Islamic New Year: Is it a long weekend?
The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) made an announcement that Sunday July 7 will be a public holiday for Islamic New Year for the UAE private sector. Which means it won’t …
DNEG Raises $200M From Abu-Dhabi Investment Firm United Al Saqer Group To Accelerate AI Drive
London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG). The UK-Indian company said the new funds would be used to accelerate the …
DNEG Raises $200M From Abu-Dhabi Investment Firm United Al Saqer Group To Accelerate AI Drive
London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG). The UK-Indian company said the new funds would be used to accelerate the …
Abu Dhabi’s ADNOC L&S expands LNG carrier fleet with $2.5bn investment
A bu Dhabi’s ADNOC Logistics & Services ( ADNOC L&S) has awarded $2.5bn (Dhs9.2bn) worth of shipbuilding contracts to build new liquefied natural gas (LNG) tankers as part of the company’s growth and …