Aldar said 42 percent of the buyers are under the age of 45.
San Francisco, United States -- WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift...
ABU DHABI, UAE - The Economic Integration Committee held its second meeting this year and discussed a range of key...The Committee also discussed strengthening of the Anti-Money Laundering/ Combating the Financing of Terrorism ( AML/CFT) efforts.
The meeting discussed cooperation between the federal and local authorities concerned with the implementation of various economy-related laws.
Stock markets wobbled as a deal to hike the US debt ceiling and avoid a painful default goes to a...Ultra-conservative Republicans feel House Speaker should have secured far deeper spending cuts in exchange for raising the debt ceiling.
The left wing of the Democratic Party is equally unhappy that President Joe Biden agreed to any spending limits at all.
DUBAI, UAE - UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei on Tuesday announced the launch of...Under the agreements, the partners will cooperate to create incentives for people to own EVs, facilitate investment in the UAE network of electric vehicles.
The Global EV Market is in line with the objective of the We The UAE 2031 vision of enhancing the position of the Emirates as a global partner.
This implies a market capitalization of $888 million.The total offering size is SAR 999 million ($266 million). SNB Capital is the lead manager, financial advisor, book-runner and underwriter on the potential offering.
A total of 1.67 million shares, representing 10 percent of the total offer shares, will be allocated to retail investors. The retail offering will run from June 6 to June 7.
Dubai, UAE - The total economic output generated by 63 large-scale events hosted at Dubai World Trade Centre (DWTC) reached...A substantial $2.01 billion (AED 7.4 billion) was retained within the local economy, showcasing the venue's strong contribution to Dubai's GDP
The events organized at DWTC attracted nearly 1.2 million attendees, with 40 percent of them coming from international locations
Dubai, UAE-- Some 27 million taxi rides were undertaken in Dubai in the first three months of 2023, up one...According to RTA, the high amount of taxi journeys in the first quarter of the year is the highest since 2019, before the outbreak of the Covid-19 pandemic
The authority said the review of figures suggest that the economy of Dubai is thriving, cementing its standing as a prominent global hub for investment and tourism
Sharjah, UAE--With an aim to bolster the country's capital markets, the Sharjah-based company Dana Gas has revealed that it will...Listed on the Abu Dhabi Securities Exchange, the firm said that it had secured the approval of the regulatory authorities ro raise the percentage of ownership from 49% to 100%
The company's chairman said the decision will bolster the UAE's vision of strengthening its dynamic capital markets by attracting greater numbers of international investors
The company will follow it up with a listing on QSE.Meeza, in a statement, said that it will offer 50 percent of the shares, 324.49 million, at an offer price of QR 2.17 per offer share
Before the offering, it doled out 37.41% of the offer shares to a set of qualified investors according to the book building mechanism
Dubai, UAE-- In order to fulfill demand for working capital in Africa, DP World has partnered with Standard Bank, the...Companies across the continent can now borrow working capital from Standard Bank through the DP World Trade Finance platform
The group chairman of DP World said Africa is a key market for the company and the partnership will strengthen development in Africa
Dubai, UAE - Dubai on Monday launched a new QR Code initiative for holiday homes, as part of efforts to...As part of the initiative, owners of Holiday Homes will now be required to display a QR code on the main entrances of their vacation properties in Dubai
This code enables visitors and guests to conveniently scan it and access essential information about the operator of the Holiday Home
