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Tag: uae

Posted on 30/01/2025

UAE likely to hike fuel costs amid global oil uncertainty: Will petrol prices in India rise?

Since the deregulation of petrol prices in 2015, the UAE has aligned its fuel prices with global oil price shifts. January 2025 saw the lowest petrol prices in the past year, but the rising global oil …

Posted on 30/01/2025

UAE receives first batch of French Rafale fighter jets in ‘historic deal’ worth Dh63.5 billion

These aircraft are characterised by technologies that allow forces to conduct multiple missions, such as reconnaissance and attacking land and sea targets with high accuracy …

Posted on 30/01/2025

UAE’s crypto regulation offers model for others as new report reveals rising extremist funding in Europe: Experts

While North America still leads in absolute terms with over $20 million in total contributions, the sophistication of European fundraising campaigns has reached new levels. White nationalist and …

Posted on 30/01/2025

‘Dubai 1’: Most Valuable License Plate in the World Added to Ruler’s New Defender Octa

Emirati politician, royal, ruler of Dubai, vice president and prime minister of the UAE, Sheikh Mohammed bin Rashid Al Maktoum has added what is widely regarded as the world’s most …

Posted on 30/01/2025

Will 2025 be the ‘year of delivery’ in Dubai realty?

For Dubai’s real estate market, 2025 could well be marked as the ‘Year of Delivery’, as close to 42,000 units are slated to be delivered this year, accordi..

Posted on 30/01/2025

EXCLUSIVE: World’s highest home hits Dubai real estate market at $51mn

The listing comes as Dubai’s property market experiences strong growth, particularly in the ultra-luxury segment …

Posted on 30/01/2025

Dubai: Gold prices inch higher in early trade on Thursday

Gold prices inched higher at the opening of the markets in Dubai on Thursday. The Dubai Jewellery Group data showed 24K opening at Dh334.25 per gram on Thursday morning, up by Dh0.25 per gram. While …

Posted on 30/01/2025

Dubai Announces New Toolkit to Resolve Family Business Disputes

Dubai Chambers’ Dubai Centre for Family Businesses has issued two toolkits to equip family businesses with practical resources to navigate the complex relationships that impact family business …

Posted on 30/01/2025

Dubai vs India: Real estate investment returns, rental appeal and tax benefits explained

How attractive are rentals on residential and commercial properties? Rental yields in Dubai are exceptional, especially in high-demand areas like Downtown, Business Bay, or Marina, ranging from 8% to …

Posted on 30/01/2025

Property Buyers In Dubai Will Have To Pay 6% Higher Upfront From February 1

Effective February 1, property buyers in Dubai seeking a mortgage will no longer be able to finance the 4% fees from the DLD and the 2% brokerage fees.

Posted on 30/01/2025

Does Nice One’s IPO set a benchmark for beauty and e-commerce deals in the GCC?

Nadine Nassar, Counsel at the law firm Baker McKenzie, Saudi Arabia, which advised the online beauty retailer on its IPO, said its success was a strong indicator that the beauty, lifestyle and …

Posted on 30/01/2025

UAE Central Bank maintains interest rates unchanged at 4.40%

This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances unchanged …

Posted on 30/01/2025

Abu Dhabi fund ‘must be forced to sell The Telegraph by Easter’

The architect of a ban on newspaper takeovers by foreign states has demanded that an Abu Dhabi fund be forced to sell The Telegraph by Easter …

Posted on 30/01/2025

UAE Pavilion to address food security through architecture at Venice Biennale 2025

Emirati architect Azza Aboualam will lead the UAE Pavilion exhibition at this year’s Venice Architectural Biennale. Called Pressure Cooker, the exhibition will be inspired by the country’s approach to …

Posted on 30/01/2025

Welsh company Finalrentals and UAE’s Autorent join forces to transform car rentals experience for millions in the region

Expanding into the UAE ‘pivotal moment’ that not only strengthens our global footprint but also allows us to bring seamless, tech-driven car rental experiences to a key international hub,” says Ammar …

Posted on 30/01/2025

UAE: DFM, ADX close higher on Wednesday

Meanwhile, the FTSE ADX General Index (FADGI) of the Abu Dhabi Securities Exchange (ADX) edged up 0.197% to end at 9,568.53 points …

Posted on 30/01/2025

UAE weather forecast: 4 days of rain expected

UAE weather forecasters are expecting probable rainfall in parts of the country this week and over the weekend. The National Centre of Meteorology (NCM) issued a weather forecast for the UAE up to …

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