The United Arab Emirates (UAE) has extended a fresh loan of $1 billion to Pakistan, providing a much-needed boost as the International Monetary Fund (IMF) projects a significant rise in Pakistan’s external debt to $136.5 billion by the end of the fiscal year. This loan comes after the reopening of blocked financing pipelines, signifying an […]
Indian businesses and the education community in the United Arab Emirates (UAE) are eagerly awaiting the upcoming visit of Prime Minister Narendra Modi. Scheduled after his trip to France, this visit is expected to deepen the Comprehensive Strategic Partnership between India and the UAE, particularly in sectors such as energy, education, healthcare, food security, fintech, […]
The Ministry of Human Resources and Emiratisation (Mohre) in the UAE has issued a warning to residents regarding a scam message circulating in the region. The fraudulent document bears the logos of multiple government entities, including Mohre, and is titled “Legal notice from Ministry of Interior.” The message attempts to deceive recipients by requesting their […]
Wynn Resorts, a renowned US casino operator, has announced its ambitious plan to build the United Arab Emirates’ (UAE) first-ever “gaming” resort. The Wynn Al Marjan Island project is set to open in four years and will cost approximately $3.9 billion. The resort aims to offer exceptional entertainment and gaming amenities, as stated on the […]
The United Arab Emirates (UAE) is positioning itself as a global leader in sustainable economic and social development through the updated UAE Energy Strategy 2050 and the development of the National Hydrogen Strategy. These initiatives, recently approved by the UAE Cabinet, reflect the country’s commitment to climate action, emission reduction, and mitigating the impacts of […]
Despite several international stock markets experiencing their worst declines in almost a decade, the Dubai Financial Market (DFM) stood out as one of the most vibrant and active markets globally for initial public offerings (IPOs) and listings in 2022.
The real estate market in Dubai is experiencing an unprecedented surge as it records a massive week of transactions.
Dubai’s Department of Economy and Tourism (DET) collaborated with prominent public and private sector companies to conduct a comprehensive pan-European engagement program aimed at showcasing Dubai’s value proposition in the global technology industry.
Hudson Bay Capital Management, a multi-strategy investment firm based in Greenwich, is set to open an office in Dubai, following in the footsteps of other prominent hedge funds like Balyasny Asset Management and ExodusPoint Capital Management.
Dubai’s real estate market witnessed a remarkable milestone on Thursday as the total value of transactions surpassed AED 2.5 billion, marking a significant record in the emirate’s realty sector.