Tag: Dubai

UAE banks lead in revenue, digitalisation cuts branch costs across Gulf: Roland Berger

Saumitra Sehgal, Head of Financial Services in the Middle East at Roland Berger, a global strategy consultancy, said that the revenue of the UAE...

Alibaba Cloud opens training centre in Dubai Internet City to boost digital skills

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled the MEA region’s Alibaba Cloud Academy Training Centre today, which will serve...

Australian, Asian businesses accounted for 50% of MNCs attracted by Dubai International Chamber in 2023

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that 50 percent of the Multinational Corporations...

Dubai: Will customers pay more after 20% new tax on foreign banks?

Analysts hold differing opinions when assessing the impact of the recent announcement of a 20 per cent tax on foreign banks' income in Dubai. Some argue...

More than 15,000 new Indian companies joined Dubai Chamber of Commerce in 2023

A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian...

Dubai gold shops take a hit as record bullion prices deter buyers

The ever-higher prices reached by gold are turning Dubai’s traditional bazaar into more of a window-shopping experience. Purchases are plummeting at the Gold Souk, according...

Dubai Media Council launches #RamadanInDubai campaign

Dubai Media Council launches #RamadanInDubai campaign in collaboration with public and private entitiesAhmed bin Mohammed: By bringing Ramadan festivities organised by various public and private organisations...

Dubai Future Foundation launches ‘The Global 50’ report

Dubai Future Foundation (DFF) launched the “Future Opportunities Report: The Global 50” today, highlighting the major opportunities, transformations and trends shaping the future of...

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UAE, Korea explore expanding strategic cooperation in energy, nuclear power, emerging technologies

Eng. Sharif Al Olama, Undersecretary for Energy and Petroleum...

Tech, crypto firms to help tackle illegal wildlife trade

group of leading international technology, ​crypto and other ​businesses...

When AI access disappears overnight: The 12 sovereign models India is betting on

The idea of "sovereign AI" has often been dismissed...

SEBI board to consider reintroducing open-market window for buybacks tomorrow

A key proposal before the board is to reintroduce...

BMW cuts 2026 profit margin outlook over China slowdown, Middle East costs

German luxury carmaker BMW Group revised down its 2026...