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Tuesday, 27 July 2021

Abu Dhabi reduces business set-up costs to help drive economic growth

Business set-up fees in Abu Dhabi have been reduced to AED1,000 - a cut of more than 90%
UAE telco Du reveals 11% increase in Q2 profit as customer base grows
Du chairman says company continues to deploy significant resources towards infrastructure...
IMF says Bahrain needs 'urgent fiscal adjustment' after coronavirus
Even before the pandemic struck, the smallest Gulf nation was in financial distress, forced to...

Abu Dhabi's Hub71 picked to endorse entrepreneurs worthy of golden visas

Global tech ecosystem will review, evaluate and issue endorsement letters to entrepreneurial...
Sharjah real estate deals jump 40% to $3.3bn in H1
Sharjah Real Estate Registration Department records 40,346 transactions related to 75.2 million...
Al Bayader secures financing for UAE's largest food packaging complex
When completed in 2023, the facility will quadruple the company's total production capacity to...

Saudi-backed Lucid Group rings Nasdaq bell as it begins trading

Class A common stock and public warrants are listed under the new ticker symbols 'LCID' and ...
Saudi Arabia halts $2bn sale of water plant stake
Privatisation of the Ras Al Khair desalination and power plant had attracted interest from...
Dubai-based Samana Developers to launch three new residential projects in emirate's investor hot spots
Residential plans will be launched in Jumeirah Village Circle, Dubai Studio City and Arjan

Oil edges higher as investors assess demand amid delta spread

While headwinds are mounting, there are expectations that the market with continue to tighten...
Editor's Choice

Why dark kitchens are the future of F&B in Dubai

Virtual brands operating out of ghost or cloud stores will outnumber physical restaurants in five...
Expo 2020 Dubai expected to drive real estate demand
Dubai recorded 6,388 sales in the property market in June - the highest number since December 2013
Travel restrictions to UAE creates uncertainty for Indian IPL fans, businessmen
Travel and airline industry officials in India are hopeful that the ban may be lifted 'some time'...
Opinion

Why Asia is an alternative oasis for Middle Eastern investors

Asia offers an attractive cocktail of cyclical and longer-term structural characteristics, making...
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