A deal between Egypt and the UAE to develop the coastal city of Ras Al Hikma, under which Cairo will receive $35 billion, will provide a big boost to the country’s economy, analysts say.The deal, …
Dubai to List Public Parking Business as Population Surges
(Bloomberg) — The Dubai government plans to sell a 25% stake in the city’s public parking business in an initial public offering, as it seeks to capitalize on the emirate’s expanding population. Most …
Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research
The Kingdom of Saudi Arabia fintech landscape is experiencing a groundbreaking transformation, fueled by ambitious national goals outlined …
Gold prices in United Arab Emirates Today Tuesday 27 February
Globally, the price per ounce of gold opened at AED 7470.14 ($2033.84) early today, according to Goldprice.org, with gold in the UAE subject to a 5% value-added tax.
Oil India Limited Sets Stage for Global Energy Expansion with ‘Confluence’ Roadshow in Abu Dhabi
To support these goals, OIL has outlined plans to invest USD 4.8 billion in initiatives focusing on exploration, field development, production acceleration, and a significant expansion into offshore …
Dubai South and Aldar partner to develop grade a assets in Dubai South Logistics District
Through the partnership, Aldar and Dubai South will work collaboratively to bring new … The plot – adjacent to global brands including Amazon, Noon and DHL – offers dual customs solution and is …
COTU Ventures launches $54M fund for pre-seed and seed startups in MENA
Dubai-based early-stage venture capital firm COTU Ventures … revealed in an interview with TechCrunch that COTU Ventures is inclined slightly towards fintech and B2B software. However, the firm is …
Dairy experts have low expectations for this week’s WTO meeting in Abu Dhabi
As several trade ministers come together for this week’s WTO meeting in Abu Dhabi, some experts are less hopeful. Stephen Jacobi, the executive director of …
A new bus service has been launched between Sharjah and Oman
A new bus route has been launched between the UAE and Oman by Oman’s national transport company Mwasalat, connecting the two countries between Sharjah and Muscat. The service comes as the result of an …
Dubai Government to Offer 25% Stake in Public Parking IPO
The Dubai government plans to sell a 25% stake in the city’s public parking business in an initial public offering, pushing ahead with a privatization plan to boost its capital markets. The Dubai …
Dubai’s Parkin to sell 24.99% stake in IPO, Gulf News reports
The RTA raised $1 billion from the sale of a 25% stake in toll-road operator Salik in 2022 and another $315 million in December from the sale of another 24.99% stake in Dubai Taxi Corporation, its …
Parkin IPO: Will Dubai get more paid parking areas? RTA official clarifies
Following its announcement of launching an initial public offering (IPO) on Tuesday, the Parkin PJSC is looking to expand its business by “exploring multiple opportunities with private developers …
Dubai Culture celebrates Burj Rashid’s 45th anniversary, showcasing its rich history
It reflects the vision of the late Sheikh Rashid of transforming a remote location into the prime hub for business, networking, and trade in the region. Dubai Culture invites all Emirati and UAE-based …
Dubai real estate leads the global wave of change as sustainability surges
According to recent reports, Dubai already ranks third among global cities within … Madhav Dhar is a data-driven business management professional who has led a versatile and high-achieving career …
Oil India to organise Global Partner Road Show in Abu Dhabi
In a fueling display of ambition and strategic foresight, Oil India Limited, India’s oldest exploration and production company and the youngest Maharatna CPSE of India, has announced its first-ever …
Hubpay Unveils Digital Global Currency Account for UAE
The financial technology firm and the first independently licensed company in the UAE to offer digital payments, Hubpay, is gearing up to launch its digital global currency account.[1] Read More: …
Expert View: How to maximise tax efficiency and minimise liabilities
In the complex landscape of corporate taxation, businesses are constantly seeking ways to optimise their tax strategies and enhance their bottom line. One ..