The UAE’s property market will see the delivery of 42,000 residential units across Dubai and Abu Dhabi in 2024. Approximately 34,000 units are scheduled to be delivered in Dubai, while 8,000 units are …
Abu Dhabi’s healthcare sector attracts more than 1,200 Emiratis
DoH has set Emiratisation targets for all healthcare facilities operating in Abu Dhabi to provide new job opportunities for UAE nationals …
UAE used car prices see sudden sharp increases – will buyers have to delay their plans?
Sudden drop in vehicle availability is forcing price rises and delays in handovers Multiple used car dealerships in the UAE are starting to talk about delivery delays. Not just that, they are not …
UAE leads GCC in IPO proceeds of $6.07bln in 2023
Total number of IPOs in the GCC declined marginally to 46 issuances in 2023 from 48 issuances in 2022, as per Kamco analysis. Proceeds for 2023 from GCC issuers dropped by 54 per cent to $10.79 …
UAE’s outstanding debt capital market rose 10% last year
The size of UAE outstanding debt capital market (DCM) rose 10 per cent year-on-year, a new report showed.According to Fitch Ratings’ UAE Debt Capital Markets Dashboard: 2024, the figure rose to $270 …
Dubai Customs successfully processed over 30.4mln transactions in 2023
In collaboration with the Dubai Government’s Finance Department, Dubai Customs has automated notifications for customs-imported transactions subject to tax between government entities. This initiative …
Dubai Islamic Bank reports net profit of $1.9bln, up 26% YoY
DUBAI: Dubai Islamic Bank today announced its results for the period ending December 31, 2023 and reported a robust rise in total income by 43% YoY to AED20 billion. Net profit of AED 7 billion, a …
How Lord Cameron rolled out the red carpet for the UAE
Meanwhile, Adam Atashzai, his former deputy political director, is now one of Mr Sunak’s senior advisers, while Laura Trott, who was one of Lord Cameron’s special advisers, is now in the Cabinet as …
17 fully redeemable pool and beach days in Dubai
Fully redeemable pool and beach days are the way to go. We’ve rounded up twelve of the best deals offering fully redeemable credit on food and beverages in Dubai. Whether you want to experience luxury …
Why corporate tax is good for the UAE economy
UAE has set up strict penalties to ensure compliance with corporate tax regulations Expert tax consultants from across the UAE addressed attendees at the ‘Doing Business in the UAE’ seminar in Dubai …
New Zealand crowned Abu Dhabi SailGP champions
Thousands of fans descended on the shores of Mina Zayed for this weekend’s Mubadala Abu Dhabi Grand Prix presented by Abu Dhabi Sports Council as the seventh event in the international calendar …
Startup Spotlight: Abu Dhabi-Based Hulexo Is Here To Reduce Operational Bottlenecks For Small Businesses
Hulexo was thus launched in 2021 in Abu Dhabi as an ERP platform that helps retailers streamline operations and make smarter decisions with an AI-powered decision recommendation engine. And at its …
This Mercedes-Benz 300 SL Gullwing Restomod Went to Dubai, the Owner Had a Special Request
Someone from Dubai commissioned a Mercedes-Benz 300 SL Gullwing restomod and had a very special request. The model has just been shipped
Dubai real estate sector records $946m of transactions on Tuesday
The Dubai real estate sector recorded transactions worth AED3.48 ($946m) bn on Tuesday, January 23 according to data from the Land Department. In total there were 510 sales transactions, worth …
Orbital Spectrum Clash
Satellite operators mostly held off attempts from terrestrial telcos to encroach on their radio waves at the 2023 World Radiocommunication Conference (WRC-23) in Dubai, but a battle between orbits …
U.S. bracing for tougher satellite radio wave negotiations
“We’re going to see, I think, a lot more satellite-related issues,” Deputy Assistant Secretary … Lang led a U.S. delegation of nearly 200 people at WRC-23 in Dubai, an event the United Nations’ …
UAE agrees almost Dh1 billion of deals on opening day of Abu Dhabi’s Umex
The UAE’s Ministry of Defence signed deals worth nearly Dh1 billion on the opening day of a major Abu Dhabi event showcasing advances in autonomous aerial technology and artificial intelligence.The …