Dubai

Trying to keep 1.5 alive? IEA lists ‘crucial ingredients’ to retain worst results of local climate transform at bay
A wind turbine set up using place in Germany on July 14, 2023. The Intercontinental Electricity Agency is contacting for a surge in renewable strength installations over the future number of years. Ina Fassbender | AFP | Getty Pictures The COP28 local climate improve summit is rapidly approaching, with a host of world leaders and […]
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Saudi Arabia is serious about its Jan. 1 deadline for corporations to transfer regional headquarters to Riyadh — or get rid of out on govt contracts
The Saudi Countrywide Lender headquarters and other buildings in Riyadh. Bloomberg | Bloomberg | Getty Images RIYADH — Saudi Arabia is keeping on to its ultimatum that international companies will will need to base their regional headquarters in the kingdom or be barred from worthwhile government contracts. The deadline: Jan. 1, 2024. In a bold […]
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We are not shifting our Middle East headquarters, states Intercontinental Inns Group CEO
ShareShare Short article by using FbShare Article by using TwitterShare Article through LinkedInShare Posting via E mail IHG CEO Elie Maalouf disputes experiences that the firm is transferring its regional headquarters to Saudi Arabia, telling CNBC’s Monica Pitrelli the organization is fully commited to continue to be in Dubai. Source
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Dubai luxurious household charges soar by almost 50%, with Tokyo’s up 26%. This is where other cities stand
Large-increase tower properties alongside the central Sheikh Zayed Road in Dubai on July 3, 2023. Karim Sahib | Afp | Getty Images Dubai’s luxurious home price ranges surged by nearly 50% in the calendar year up till June, sustaining its top rated ranking for the eighth consecutive quarter, according to a new report by Knight Frank. […]
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U.S. and China envoys request to revive local weather diplomacy
US climate envoy John Kerry gestures as he speaks following to China’s unique local weather envoy Xie Zhenhua through a session at the Earth Financial Discussion board yearly meeting in Davos on May well 24, 2022. Fabrice Coffrini | Afp | Getty Photographs U.S. climate envoy John Kerry stated it was “very important that China and the United States […]
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Oil big Saudi Aramco posts 19% fall in 1st-quarter profit
DUBAI, United Arab Emirates — Saudi point out oil big Aramco on Tuesday claimed a 19% drop in its initial-quarter earnings, recording net income of $31.9 billion down from $39.5 billion the earlier year amid falling oil price ranges. Analysts envisioned to see a dip in internet gain this quarter compared to the previous calendar […]
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UAE, Qatar set to restore diplomatic ties and reopen embassies soon after bitter feud
A typical see of the skyline from the Doha Corniche on March 31, 2022. Nick Potts – Pa Illustrations or photos | Getty Photos DUBAI, United Arab Emirates — The United Arab Emirates and Qatar are shifting toward restoring diplomatic ties and reopening embassies in every other’s international locations, just in excess of two yrs […]
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Uber-owned Careem launches spinout with $400 million investment decision from UAE tech keeping organization e&
Careem’s super app Courtesy of Careem DUBAI, United Arab Emirates — Uber-owned journey hailing service Careem introduced on Monday a spinout with major backing from a new resource, as nicely as from its mother or father enterprise. Abu Dhabi-primarily based tech keeping corporation e&, formerly Etisalat, signed a binding agreement with Uber Technologies to get […]
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Shares of family-owned UAE exchange Al Ansari Monetary Companies surge in Dubai buying and selling debut
DUBAI, United Arab Emirates — Al Ansari Financial Solutions manufactured its trading debut on the Dubai Money Industry Thursday. Shares surged more than 17% for the spouse and children-owned remittances and money trade company, which marks the initially IPO for Dubai this yr. The Al Ansari family members bought 750 million shares in the offering, […]
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