Dubai
Airport chaos, sleeping in metro stations, no managing drinking water: Dubai’s flood mayhem carries on
TOPSHOT – Automobiles are stranded on a flooded avenue in Dubai pursuing hefty rains on April 18, 2024. Dubai’s large highways ended up clogged by flooding and its key airport was in chaos as the Center East financial centre remained gridlocked on April 18, a working day just after the heaviest rains on history. Giuseppe […]
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UAE hit with extreme flooding as report rainfall disrupts Dubai flights
Persons wade through submerged road after weighty rain in United Arab Emirates on April 16, 2024. Anadolu | Anadolu | Getty Photos DUBAI — Just one of the world’s busiest airports quickly halted operations as the United Arab Emirates knowledgeable its heaviest rainfall on file. The downpour prompted flight cancellations and delays at Dubai’s worldwide […]
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Hefty rains result in scarce flooding in Dubai
Autos barely transfer on flooded streets owing to weighty rain in Dubai, United Arab Emirates on April 16, 2024. Flooding ensued as a consequence of the downpour, leading to many autos getting submerged on the streets and avenues. Anadolu | Anadolu | Getty Images Major rains battered components of the Middle East on Tuesday, closing […]
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Dubai's Parkin surges 30% on investing debut in UAE's to start with IPO of the year
DUBAI, United Arab Emirates — Shares of Dubai parking operator Parkin surged additional than 30% Thursday as the firm went public on the Dubai Financial Market place. Parkin’s rate per share jumped to 2.73 dirhams ($.74) as buying and selling began, marking an overwhelmingly optimistic debut for the United Arab Emirates’ initial public listing of […]
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Saudi Arabia reportedly in talks with VC corporations like Andreessen Horowitz to create mammoth $40 billion AI fund
PIF Taking care of Director Yasir bin Othman Al-Rumayyan attends the Russian-Saudi Financial commitment Discussion board held at the Ritz-Carlton Moscow Hotel. Sergei Bobylev | TASS via Getty Photos DUBAI, United Arab Emirates — Saudi Arabia’s sovereign prosperity fund is in talks with American venture money firm Andreessen Horowitz and likely others to build a […]
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How much does Gulf income go? An Abu Dhabi-backed newspaper buyout attempt is sparking panic in London
Copies of The Every day Telegraph newspaper on a newsstand in a store in London, Uk, on March 12, 2024 (L), and UAE Vice President Sheikh Mansour bin Zayed al-Nahyan talking at COP28 on Dec. 1, 2023. Getty Visuals DUBAI, United Arab Emirates — Mansions, university services, imagine tanks, sporting activities teams — the U.K. is […]
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BP and Abu Dhabi Nationwide Oil Company suspend significant purchase in Israeli gasoline business
A view of the platform of the Leviathan normal gasoline industry in the Mediterranean Sea is pictured from the Israeli northern coastal seashore of Nasholim, on August 29, 2022. JACK GUEZ | AFP DUBAI, United Arab Emirates — Options for a 50% stake purchase by strength big BP and Abu Dhabi Countrywide Oil Company (Adnoc) […]
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The hottest housing markets for the super rich in 2024
The Port of Fontvieille Harbor in the Principality of Monaco. Education Images | Universal Images Group | Getty Images The ultrawealthy are looking for a better lifestyle and strong investment when it comes to buying their next home, according to a new study. One-quarter of American ultra-high-net individuals, or those worth $30 million or more, […]
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Goldman Sachs and Abu Dhabi's Mubadala ink $1 billion partnership to commit in Asia Pacific
An Emirati female paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019. Christopher Pike | Bloomberg | Getty Photos DUBAI, United Arab Emirates — Goldman Sachs and Abu Dhabi sovereign prosperity fund Mubadala on Monday signed a $1 billion non-public credit score partnership to co-spend in the Asia-Pacific […]
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Wheely, Uber's luxury competitor, launches in Dubai to consider on the UAE's dominant player
The Dubai skyline. Umar Shariff Pictures Wheely, a luxury-focused competitor to journey-hailing large Uber, is launching in Dubai as the company appears to be to reembark on an international growth work that was quashed by Covid in 2020. The corporation, launched by Russian-Swiss entrepreneur Anton Chirkunov, explained to CNBC it will give rides in the […]
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