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Category: Business

Dubai’s AMAF Distributes Dh30.4 Million in Profits to Minors, Marking a 13% Increase
Business

Dubai’s AMAF Distributes Dh30.4 Million in Profits to Minors, Marking a 13% Increase

October 20, 2024

DUBAI — The Awqaf and Minors Affairs Foundation (AMAF) in Dubai announced the distribution of Dh30.4 million in profits from…

US Treasury Bonds Slide as Strong Retail Data Raises Rate Cut Doubts
Business

US Treasury Bonds Slide as Strong Retail Data Raises Rate Cut Doubts

October 19, 2024

U.S. government bonds took a hit after stronger-than-expected retail sales in September cast doubts on how soon the Federal Reserve…

Source of Fate Properties Begins Construction on Luxury Sunshine Bay Development in Ras Al Khaimah
Business

Source of Fate Properties Begins Construction on Luxury Sunshine Bay Development in Ras Al Khaimah

October 18, 2024

Source of Fate Properties has officially commenced construction on its new luxury seafront residential project, Sunshine Bay, located on Al…

UAE to Launch Flying Taxis by 2026, Showcases Model in London
Business

UAE to Launch Flying Taxis by 2026, Showcases Model in London

October 18, 2024

The UAE made waves in London recently with the announcement that flying taxis will be available in the country by…

Emirates to Introduce Refurbished Boeing 777s with Premium Cabins on Kuwait and Dammam Routes
Business

Emirates to Introduce Refurbished Boeing 777s with Premium Cabins on Kuwait and Dammam Routes

October 17, 2024

Dubai, UAE—Emirates has announced plans to debut its newly retrofitted Boeing 777s, featuring the airline’s latest Business Class and Premium…

IFC and US-Qatar Business Council Sign MoU to Boost Sustainable Investments in Qatar and the Middle East
Business

IFC and US-Qatar Business Council Sign MoU to Boost Sustainable Investments in Qatar and the Middle East

October 16, 2024

The International Finance Corporation (IFC), part of the World Bank Group, and the US-Qatar Business Council (USQBC) signed a memorandum…

Dubai’s Expand North Star 2024 Showcases Indian and Korean Startup Innovations
Business

Dubai’s Expand North Star 2024 Showcases Indian and Korean Startup Innovations

October 16, 2024

Indian and South Korean companies participating in Expand North Star 2024 have highlighted Dubai’s growing importance as a global hub…

Middle East Poised for Fastest Growth in Imports by 2025, WTO Says
Business

Middle East Poised for Fastest Growth in Imports by 2025, WTO Says

October 14, 2024

The Middle East is set to become the world’s fastest-growing region for merchandise imports and the second-fastest for exports by…

Sharjah Launches AI Training Initiative for Government Employees
Business

Sharjah Launches AI Training Initiative for Government Employees

October 14, 2024

SHARJAH — In a significant step towards enhancing digital skills across its government workforce, Sharjah has launched a national initiative…

Commercial Bank and DHL Express Qatar Partner to Empower SMEs Through ‘DHL4SMEs’ Initiative
Business

Commercial Bank and DHL Express Qatar Partner to Empower SMEs Through ‘DHL4SMEs’ Initiative

October 13, 2024

In a move aimed at boosting small and medium-sized enterprises (SMEs) in Qatar, Commercial Bank and DHL Express Qatar have…

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  • Banks and Blackstone Arrange $63 Billion Financing for Anthropic’s AI InfrastructureOctober 27, 2026
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  • Houthi Attacks Escalate Saudi-Yemen Conflict as Regional Powers Seek Talks With IranOctober 26, 2026
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