An aviation company in Dubai has signed a deal with a Dutch business to bring the world’s first flying car to the Middle East and Africa. Aviterra, an aviation and aerospace component manufacturing …
Kenya, Uganda to end oil import feud over licensing
The Kenyan government has said it will license the Uganda National Oil Company (Unoc), a move expected to bring to an end months of a major feud. On Wednesday, Energy Cabinet Secretary Davis Chirchir …
UAE’s IRH plans bid for stake in Zambia’s Lubambe copper mine
International Resources Holding (IRH), a unit of Abu Dhabi’s International Holding Company, said it intends to bid for a stake in Lubambe Copper Mine in Zambia. IRH, which recently bought a 51% stake …
Sharjah Ramadan Majlis 2024 brings emirate’s ecosystem together
Sharjah24: Under the patronage of Sheikha Bodour bint Sultan Al Qasimi, President of American University of Sharjah, and presence of H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, the …
Sharjah Ramadan Majlis reviews investment opportunities
His Excellency Mohammed Juma Al Musharrakh, Executive Director of the Sharjah Foreign Direct Investment Office “Invest in Sharjah”, confirmed that 2024 Sharjah Ramadan Majlis, during its sessions, …
The curious case of UAE-based funds in India’s small-cap bubble
Obscure offshore funds may have played a role in running up the share price of certain small-cap companies in India. Several of these funds have links with Hari Tibrewala, the Dubai-based ‘hawala …
India’s March gold imports seen plummeting over 90% as record prices curb demand: Report
India’s gold imports are reportedly set to plunge by more than 90 percent in March from the previous month, as record-high prices pull down demand in the world’s second-largest consumer market for the …
Kenya ends oil import feud with Uganda
The deal was set to expire at the end of last year but was extended to December 2024. Uganda imports an average of 2.5 billion litres of petroleum annually valued at $2 billion (Ksh261.98 billion) …
UAE Considers 10-Year ‘Golden’ Business License To Boost Foreign Investment: Here’s What It Means
In a bid to enhance business activities and increase government revenues, the United Arab Emirates (UAE) is contemplating the introduction of long-term business licenses, including 10-year “golden” …
Commercial Bank of Dubai joins Dubai FinTech Summit as a strategic banking partner
The collaboration reinforces Dubai FinTech Summit and CBD’s shared commitment to strengthen the global financial ecosystem through innovation and knowledge exchange …
Louvre Abu Dhabi draws over 1.2million visitors in 2023
Since its opening in 2017, Louvre Abu Dhabi has not only attracted art enthusiasts and collectors but also positioned the city as a global cultural hub …
UAE FINANCIAL SECTOR — A BEACON OF HOPE
Financial sector will continue to play a pivotal role in accelerating the UAE’s gross domestic product by attracting foreign investment and offering promising …
Introducing Axiom Prime Development: Redefining luxury living in Dubai’s urban landscape
Dubai, UAE – Axiom Prime Real Estate Development proudly … Axiom Prime Development aims to pioneer a new era of city living that integrates the dynamic energy of urban business with the warmth and …
Dubai real estate: Inside One Za’beel, a luxury mixed-use addition to Dubai’s skyline
Dubai’s newest addition to the city’s skyline – One Za … One houses ultra-luxury residences, while the other caters to the business world with premium office spaces and two lavish resorts – One&Only …
Is Dubai real estate a better investment than stocks in 2024?
The decision to invest in real estate or stock market is driven by individual preferences, risk tolerance, and investment goals …
Dubai’s MICE sector grows 25% while events industry clocks $45bln in 2023
Dubai’s exhibitions, conferences, seminars and business events sector has recorded a 25 percent growth last year as Dubai World Trade Centre (DWTC), the global events and exhibitions industry …
Getting off FATF grey list: Dubai’s already-thriving real estate sector set for boost
Last month, the UAE was taken off the Financial Action Task Force (FATF) grey list after nearly two years, which means it is no longer under increased monitoring, and experts believe that Dubai’s …