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UAE GDP Boosted by 8.7% Contribution from Fintech Sector, Says Minister of Economy

UAE GDP Driven by Fintech Sector and New Economy Opportunities Abdullah bin Touq Al Marri, UAE Minister of Economy, emphasized the importance of the fintech sector. He stated that fintech…

UAE’s New Space Project: Sheikh Hamdan Announces Etihad-SAT Launch in March

UAE’s New Space Project: Etihad-SAT to Launch in March 2025 Etihad-SAT: A Major Milestone in UAE’s Space Sector The UAE’s new space project, Etihad-SAT, is set to launch in March…

Free Salik Timings Announced in Dubai for Ramadan: Parking Details Included

Free Salik Timings and Public Transport Schedule Updates for Ramadan in Dubai Dubai has announced revised Free Salik Timings, parking, and public transport schedules for Ramadan. The Roads and Transport…

Profit in 2024: E& Reports $2.9 Billion Net Gain

E& Achieves Strong Profit in 2024 with Record Growth Record Financial Performance in 2024 E& reported a net profit of AED 10.8 billion in 2024, reflecting 4.3% year-over-year growth. Consolidated…

MENA Private Equity Deals Surpass $28B in Five Years

MENA Private Equity Deals Reach $28 Billion Over Five Years UAE, Saudi Arabia, and Egypt Lead in Deal Count Private equity (PE) transactions in the MENA region totaled $28 billion…

Turkey-GCC: GCC Banks Cash In on Turkey’s Booming Debt Market

Turkey-GCC: A Thriving Partnership in Turkey’s Debt Market Turkey’s debt market has experienced remarkable growth, driven by strong economic policies since 2023. After President Erdoğan’s re-election, foreign investors began returning…

Ramadan 2025: Sharjah Extends Paid Parking Timings in UAE

Ramadan 2025: Sharjah Extends Parking Hours and Enhances Public Services Ramadan 2025 :Extended Parking Timings Sharjah City Municipality has announced new paid parking hours for Ramadan 2025. Parking fees apply…

Danube Introduces Flexible Unit Designs: Convert Studio into 1BHK

Danube Introduces Flexible Unit Designs with Studio-to-1BHK Conversions Affordable and Convertible Homes Danube Properties launches flexible unit designs, allowing studio apartments to convert into 1BHK units. Prices start at Dh800,000…

Italy-UAE Investment Deal: Meloni Secures $40B Pledge from UAE

Italy-UAE: $40 Billion Investment Deal Strengthens Strategic Ties Meloni Boosts Gulf Relations Italian Prime Minister Giorgia Meloni has strengthened ties with Gulf nations(Italy-UAE) since 2022. She ignored political opposition concerns…

ADNHC Expands Saudi Presence with Strategic Acquisition of Food Nation

ADNHC Expands into Saudi Arabia Through Acquisition of Food Nation Catering ADNHC, a unit of Abu Dhabi National Hotels (ADNH), will expand further in Saudi Arabia. CEO Clive Cowley announced…