Tag: UAE

Dubai Chambers Signs MoU with Bank of China to support investors and enhance bilateral trade

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Bank of China – Dubai Branch to develop collaboration and enhance cooperation between the...

Abu Dhabi wealth fund ADQ said to eye Bank Audi’s Turkish unit

An Abu Dhabi sovereign wealth fund is in talks to buy Turkish lender Odeabank, according to people with knowledge of the matter, as United...

Dubai: Indian businesses top list of new companies in first half of 2024

Indian investors topped the list of new non-Emirati companies joining the Dubai Chamber of Commerce during the first half of this year, a recent...

UAE: Islamic insurance firm records Dh7.9-million profit despite April rains

Shariah-compliant insurer Watania International Holding (WIH) swung back into black in the first half of 2024, posting a Dh7.9-million net profit — compared to...

India’s SBI aims to sell its Yes Bank stake worth $2.2 billion by end-March, say sources

State Bank of India (SBI), the country's largest lender, aims to strike a deal by end-March for the sale of its 24% stake worth...

Cybersecurity firm to use UAE as base to expand in region

TAC Security, a leading global cybersecurity company specialising in vulnerability management, is planning to open its first office in the Middle East in Dubai,...

New telemarketing rules in UAE: Full list of fines explained as laws go into effect from August 27

The UAE’s new telemarketing regulations are set to come into effect from August 27, as per the UAE Government. The authority announced new laws for telemarketers in...

Dubai: Parkin records 26% jump in fines issued during second quarter this year

Parkin Company on Monday revealed the total number of fines issued in Dubai increased 26 per cent from 291,000 in Q2 2023 to 365,000...

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Billionaire Deepinder Goyal raises $54 million for his new wearable startup Temple

Weeks after stepping down as Group CEO of Zomato...

Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

RIYADH: Saudi Arabia’s Tadawul All Share Index showed signs...

Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...