REVE Chat aims to engage with global leaders in fintech, artificial intelligence, blockchain, cybersecurity, digital solutions …
UAE and Korea to enhance mutual collaboration in trade and business
The announcement came following a successful visit to the capital, Seoul, as part of DMCC’s Made for Trade Live global trade roadshow where it highlighted the advantages of doing business in Dubai.
Keeping it in the family: Innovation opportunities spark entrepreneur dream for Dubai couple
How Cristian Lanzanova and Austeja Brasiunaite found each other and founded their thriving marketing, communications and events company post Expo 2020 …
Dubai records 45.11% YoY increase in sales transactions, reaching AED 32bln in value revealed by Property Finder
Dubai Marina, Downtown Dubai, Jumeirah Village Circle, Business Bay, and Palm Jumeirah remained of interest for those looking to own an apartment. The top areas searched to rent apartments were Dubai …
Bank of Sharjah net profit reaches Dhs80m in first quarter
Bank of Sharjah has reported a strong start to 2024, with first-quarter results showcasing a significant increase in net profit to Dhs80 million.
New centre unveiled in Sharjah to boost manufacturing and CPG
Emirates Development Bank (EDB) together with Sharjah Entrepreneurship Centre (Sheraa) and Sharjah Chamber of Commerce and Industry (SCCI) …
Sharjah’s Most Affordable Rooms for Rent on Dubizzle
We’ve searched every nook and cranny on Dubizzle to find the most affordable rooms Sharjah has to offer. Whether you’re drawn to the historic charm of the Heart of Sharjah or the modern vibes of Al …
Pakistan suspends flights to Dubai, Sharjah due to heavy rains
As the United Arab Emirates (UAE) experienced a new spell of rainfall, the Pakistan International Airlines (PIA) on Thursday suspended flight operations to Dubai and Sharjah for an indefinite period.
Abu Dhabi AI firm Presight buys majority stake in technology joint venture AIQ
The new ownership structure will see ADNOC holding 49% of the company and giving it a valuation of $1.4 billion, according to a joint company press release. ADNOC will in turn get a 4% stake in …
Dubai flights canceled, schools and offices shut as rain pelts UAE just weeks after deadly floods
Emirates was forced to cancel some flights in and out of Dubai, while residents were sent warnings to stay off the streets as heavy rains returned to the UAE.
9. Rains disrupt life again in Dubai
This decision was made during a meeting of Dubai’s Supreme Committee of Crisis and Disaster Management, which assessed strategies to mitigate potential impacts from the upcoming weather forecast. The Ministry of Interior, in collaboration with the National …
Chinese hotel brand eyes first openings in Dubai and Saudi Arabia
In February, Deutsche Hospitality was rebranded to HWI as part of its overseas growth plan, under which the first Chinese hotels will open in Dubai and Saudi Arabia.
UAE’s ADIA, Olayan Saudi Investment to be cornerstone investors in Fakeeh Care IPO
Saudi hospital group Dr. Soliman Abdul Kader Fakeeh Hospital and its subsidiaries, together known as Fakeeh Care Group, which plans to sell a 21.5% stake in an IPO, said on Thursday it has signed …
SFC begins insider dealing case against hedge fund
The Securities and Futures Commission (SFC) on Thursday said it had started criminal proceedings against hedge fund Segantii Capital Management, its …
Banking sector sees AED33.3 billion surge in new Savings Deposits over 12 months, marking 14% growth
Savings deposits in the UAE’s banking sector, excluding interbank deposits, attracted around AED33.3 billion to reach AED278.37 billion at the end of February 2024, compared to about AED245.01 billion …
Banks face new risks as US tightens sanctions on Russia
In addition, the Treasury sanctioned five investment and venture capital funds that fund Russian technology, plus six fintech companies that provide … into the gears of Russia’s military logistics …
Nigeria Enforces Fintech Onboarding Freeze Amidst KYC Crackdown
Central Bank of Nigeria introduced KYC compliance measures among fintech operators within nation, four of them received CBN instruction to stop …