Dubai ATM! Qatar Airways will cooperate with and support Saudi Arabia’s newest airline as there is enough business around for everybody, the airline’s CEO said today, adding that he wished new airline Riyadh Air the best. On the opening day…
Abu Dhabi KEZAD signs deals! Three food processing plants with an investment value of AED 1 billion ($272 million) are to be built in Abu Dhabi’s Khalifa Economic Zones (KEZAD) as part of efforts to boost UAE food security. The…
The UAE’s commercial property market remained among the strongest globally in the first three months of 2023, the Royal Institution of Chartered Surveyors (RICS) said in its latest commercial property monitor report. The investment sentiment index (ISI), an aggregate of…
Economic Activities! The UAE has approved 71 economic activities that can be carried out on agricultural lands and will promote sustainable farming development and diversify the sources of income of farm owners. The Economic activities were approved by Sheikh Mansour…
Flagship outlet at Dubai Mall is also its largest shop outside of China and India Xiaomi, the world’s third-biggest vendor of mobile phones, has opened its biggest Middle East store in Dubai, as it seeks to boost its presence in the…
According to data from Japan’s Ministry of Finance, Japanese investors accumulated a net 1.85 trillion yen worth of overseas equities in July Japanese investors purchased heavily in foreign equities in July, as global stocks rebounded last month on the…
The sales included 282 villas and apartments worth $177.43mln, and 22 land plots worth $23.07mln DUBAI – Dubai real estate market recorded 304 sales transactions worth AED735.85 million, in addition to 77 mortgage deals of AED263.54 million, and 12 gift deals…
The swimming pool of a luxury villa for sale on Dubai’s Palm Jumeirah Indeed, Dubai is seeing its hottest real estate market in years, with sales in the sector up 45% year on year in April and 51% in May,…
Announcing the $800 million financing in a series of tweets, Sebastian Siemiatkowski, CEO of Klarna said: “We are not immune to public peers being down 75-90% and hence our valuation is down on par.” Sweden-based global payments and shopping services…
High-rise Buildings along Sheikh Zayed Road at sunriseGetty Images Dubai outranked some of the world’s major financial hubs in promoting foreign direct investments (FDI) last year and attracted 5.2 billion dirhams ($1.4 billion) in projects between 2017 and 2021. The…
