Middle East Stocks: Dubai and Abu Dhabi Markets See Small Declines
Middle East stocks: Dubai Market Drops Due to Profit-Taking The Dubai Financial Market (DFM) slipped by 0.4% on Friday as investors booked profits. Major stocks like Dubai Electricity and Water…
Dubai Internet City Boosts Economy with $27 Billion Contribution
A Key Player in Dubai’s Growth Dubai Internet City (DIC) has played a huge role in Dubai’s economy, adding around $27 billion (AED 100 billion) over the past 15 years.…
Indian Businesses Lead New Dubai Chamber Registrations in 2024
Dubai continues to strengthen its position as a global business hub, attracting companies from around the world. In 2024, Indian businesses led the way in new registrations with the Dubai…
Adnoc Gas Raises $2.84 Billion in Record-Breaking Share Sale
Adnoc Gas Share Sale Raises $2.84 Billion in a Landmark MENA Deal Adnoc Gas, a key player in the energy sector, has successfully raised $2.84 billion by selling its shares.…
Damac Properties Raises $750 Million Through 3.5-Year Sukuk
Strong Demand for Damac Properties’ Sukuk Dubai-based luxury real estate developer Damac Properties successfully raised $750 million by issuing a 3.5-year sukuk. The Islamic bond, which follows Sharia-compliant financing principles,…
UAE Introduces 180 Days Visit Visa for Business Owners and Entrepreneurs to Boost Investments
UAE Launches 180-Day Visit Visa for Business Owners and Investors Opportunities for Investors and Entrepreneurs with the UAE’s New 180-Day Visa The UAE introduces a 180-day visit visa for entrepreneurs,…
Sobha Realty Plans to Raise New Debt for Expansion
Sobha Realty’s Plans for Growth Sobha Realty, a well-known real estate developer in Dubai, is planning to raise more funds by issuing new debt. The company aims to deliver 3,000…
UAE Weather: Cooler Temperatures and Scattered Rainfall Across the Country
The United Arab Emirates (UAE) is experiencing a drop in temperatures, along with scattered rainfall in several areas. This change in weather is due to a low-pressure system interacting with…
Dubai South Breaks Records in Business Aviation and Tourism in 2024
Dubai South has reached new heights in 2024, setting records in both private jet movements and international visitors. The city continues to strengthen its position as a global hub for…
DEWA Smart Tips to Lower Your Electricity and Water Bills
Managing electricity and water bills in Dubai is easier than ever with DEWA free digital tools. These services help you monitor your usage, detect leaks, and find ways to cut…