The cost of that pressure campaign (and the ongoing war) is showing up at home. The UAE halted all trade, commercial exchange, and financial transactions with Iran days before Washington's sanctions ...
The UAE's non-oil private sector had its best month in almost two years in August — but the recovery comes with an asterisk. The headline S&P Global UAE PMI (pdf) climbed to 55.3 last month from 52.7 ...
Standard Chartered became the first major lender to offer BTC and ETH spot trading for institutional clients in the UAE, the bank said in a press release. Eligible institutional clients can now buy ...
After a failed attempt at retirement, the entrepreneur found her next act in turning waste into energy, and a business case for everything from ...
Luxhabitat is suing its former real estate partner for AED 439 mn (USD 119.5 mn), alleging Dubai Sotheby's International Realty hid revenue owed to it by routing income through another brokerage, ...
GCC equities bounce back in August: The MSCI GCC index, which tracks big and mid cap equities, rose 3.9% in August after a three-month losing streak as regional geopolitical tensions eased, according ...
BlackRock sees the GCC deploying USD 2.1 tn in capex through 2030 — ranging between USD 1.6-2.5 tn — with a growing share staying home, according to the BlackRock Investment Institute. It’s also set ...
Tansel will stay on as CEO of Al Masaood Automobiles, the authorized Nissan, Infiniti and Renault dealer in Abu Dhabi, Al Ain, and the ...
In corporate activity, G42 is reportedly exploring raising bns of USD from outside investors as part of a bigger shift in Abu Dhabi toward tapping third-party capital. Separately, a UAE-born startup ...
With more than 700 US gyms already using its software, Enhance is now armed with USD 18.2 mn to scale in America ...
Its first communities are set to open in 1Q next year in Dubai and Abu Dhabi. The firm is backed by a USD 350 mn VC investment from US venture capital firm Andreessen Horowitz (a16z), and its business ...
Hotels are retaining their staff to save themselves higher rehiring costs later — a wager that only pays off if the recovery arrives on schedule ...
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