Dubai Stock Market Leads GCC in October with Strongest Monthly Gain, Data Shows
Dubai’s Financial Market (DFM) outperformed its Gulf Cooperation Council (GCC) peers in October, closing with a 1.9% monthly gain to…
Category: Business
Death Toll in Gaza Surpasses 43,000 Amid Ongoing Israel-Hamas Conflict
The health ministry in Hamas-governed Gaza reported on Saturday that the death toll in the region has reached 43,314 since…
AI Advancements Poised to Accelerate Global Energy Shift Towards Net-Zero, Report Finds
In a recent report, UAE energy giants Adnoc and Masdar, along with Microsoft, have highlighted artificial intelligence (AI) as a…
Qatari Delegation Attends US-Qatar Business Council Reception at IMF and World Bank Annual Meetings
A delegation from Qatar’s Ministry of Finance took part in a reception hosted by the US-Qatar Business Council (USQBC) in…
Majid Al Futtaim Confirms No Increase in Parking Fees Amid New Barrierless System
popular shopping malls, including Mall of the Emirates, City Centre Deira, and City Centre Mirdif. The announcement, made on Thursday,…
Dubai Real Estate Market Sees Strong Growth in Q3 2024, with Record Transactions and Shifting Trends
Dubai’s booming real estate market continues to show remarkable maturity, with new data revealing significant trends in the third quarter…
UAE’s ‘Donate Your Own Device’ Campaign Aims to Tackle E-Waste and Help Underprivileged Students
DUBAI, UAE — The UAE government has launched an ongoing initiative to tackle electronic waste (e-waste) while supporting underprivileged students…
LNG Buyers Push for Greater Flexibility in Contracts to Adapt to Variable Power Demand
TOKYO, JAPAN — Major liquefied natural gas (LNG) buyers, including Japan, are urging suppliers for more flexible contracts to accommodate…
Bhima Jewellers to Raise Dh1 Billion for Gulf Expansion
DUBAI, UAE — Bhima Jewellers, one of India’s oldest family-run jewelry brands, has announced plans to raise Dh1 billion from…
Dubai’s AMAF Distributes Dh30.4 Million in Profits to Minors, Marking a 13% Increase
DUBAI — The Awqaf and Minors Affairs Foundation (AMAF) in Dubai announced the distribution of Dh30.4 million in profits from…