Tag: UAE

UAE to attract over 6,700 millionaires in 2024, mostly from India, Russia, Africa

More than 6,700 millionaires will relocate to the UAE this year, putting the Emirates at the top of all the countries in attracting the...

Dubai announces free parking hours, extended Metro timings for Eid Al Adha 2024

Dubai motorists will enjoy four days of free public parking except at multi-level parking terminals from Saturday, June 15, until Tuesday, June 18, for...

DMCC Attracts Over 160 New Indian Businesses to Advance USD 85 Billion UAE-India Trade Corridor

the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has affirmed its latest drive to attract a...

World Bank forecasts modest growth for Mena in 2024

Economic growth in the Middle East and North Africa (Mena) will be at a modest rate of 2.7 per cent in 2024 up from...

Dubai: Buying a used car? Soon, get instant access to accident history before purchase

Prospective buyers of second-hand vehicles in Dubai will soon be able to access its accident history, the police have announced. The force will use...

UAE: Gold prices slightly dip in early trade after decent gains in the previous session

Gold prices slightly dropped on Tuesday morning after rising by Dh1.5 per gram in the previous session as global rates surpassed the $2,300 an...

Drake & Skull International writes off AED4.18 billion, completes restructuring requirements

 Shafiq Abdul Hamid, the Chairman of the Board of Directors of Drake & Skull International LLC, announced the completion of the company's compliance with...

Dubai: Fractional ownership firm Stake raises funds from Mubadala, Aramco subsidiary

Digital real estate investment platform Stake said it raised $14 million (Dh 51.4 million) in funding led by Middle East Venture Partners (MEVP), along...

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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...