Dubai, UAE – October 12, 2024 – Salaries across all industries in the UAE are expected to increase by 4% in 2025, according to the
Category: Business
Dubai’s Parking Fines Soar to Dh64.9 Million in Q3 2024, Marking 56% Increase
Dubai, UAE — November 12, 2024: Parking fines issued in Dubai reached a total of Dh64.9 million during the third quarter of 2024, representing a
Abu Dhabi’s Global Media Congress Set to Explore the Future of the Industry
The third edition of the Global Media Congress, taking place from November 26 to 28 at ADNEC Centre in Abu Dhabi, promises to deliver groundbreaking
CE-Ventures Joins $10 Million Funding Round for CrossBridge Bio’s Cancer Therapy Development
CE-Ventures, the corporate venture capital arm of UAE-based Crescent Enterprises, has announced its participation in a $10 million financing round for CrossBridge Bio, a biotech
Lulu Retail IPO Sees Record Demand, Raises Dh6.32 Billion
Lulu Retail’s initial public offering (IPO) raised Dh6.32 billion, making it the largest UAE IPO of 2024 to date. The offering was priced at Dh2.04
Dubai Financial Services Authority Fines Vedas International $100,000 for Unauthorized Promotions
vDubai, UAE — The Dubai Financial Services Authority (DFSA) has imposed a fine of $100,000 (Dh367,000) on Vedas International Marketing Management for conducting unauthorised and
UAE’s Used Book Market Shows Growth Potential as Bookends.ae Rehomes 120,000 Books
The global used book market is valued at over $25 billion, with the UAE market estimated at $27 million, according to a recent report by
GQG Partners Invests $500M in Alpha Dhabi, Boosting Abu Dhabi’s Market Confidence
Key Highlights: Financial Performance of Alpha Dhabi: Leadership Remarks: Overall, GQG Partners’ investment in Alpha Dhabi highlights both firms’ commitment to leveraging growth opportunities in
Landlords in Dubai Adapt to Rising Rental Demand with Flexible Payment Options
In response to a significant surge in rental demand, many landlords in Dubai are adopting more flexible payment terms for tenants and issuing fewer eviction
Dubai Emerges as a Major Hub for Technology Millionaires
As of June 2024, Dubai has established itself as a key destination for high-net-worth individuals in the technology sector, boasting 6,500 technology millionaires. This positions