Gold prices in Dubai, the United Arab Emirates (UAE) today, Sunday, April 21, opened at a selling price of AED 8,785.58 per ounce, according to UAEgoldprices.com.
Category: Business
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Russian Export Centre to organise business mission to UAE to promote innovative solutions
Facial recognition platform, buildings with wind power generated electricity, VR learning system, hardware complex for conducting neurophysiological research, animated films and TV series – these and many other outstanding products and services will be presented within the multi-sectoral business mission organised by the Russian Export Center on the 24th-25th April, Shangri-La Dubai.
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President, Vice President of Venezuela receive Al Zeyoudi, discuss boosting bilateral cooperation
Venezuelan President Nicolás Maduro Moros received UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, during the UAE delegation's visit to several Latin American countries.
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SAA delegation visits Passenger Terminal Conference in Frankfurt
Led by Ali Salim Al Midfa, Chairman of Sharjah Airport Authority (SAA), a delegation from the SAA visited the Passenger Terminal Conference 2024 in Frankfurt, Germany, held from April 16 to April 18.
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UAE and Costa Rican Presidents witness signing of UAE-Costa Rica Comprehensive Economic Partnership Agreement
President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Excellency Rodrigo Chaves Robles, President of Costa Rica, have witnessed the signing of the UAE-Costa Rica Comprehensive Economic Partnership Agreement (CEPA) during a virtual ceremony.
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Dubai luxury property prices soar amid high overseas demand and falling supply
Sales of $10 million-plus homes in Dubai rose 19 per cent in the first quarter
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Dubai’s high-end property sales rise on overseas demand
Sales of homes in Dubai worth $10 million or more rose 6 per cent in the first quarter versus last year, an industry report showed on Tuesday, as demand from the international ultra-rich for homes in the emirate showed little sign of abating.
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In UAE, China’s Geely is putting its weight behind hybrids
“It’s closer to 14 per cent, I think, based on the data that’s available with us carmakers and local dealerships,” said Alex Gu, General Manager, Geely Auto Middle East. “There are still a few Chinese carmakers that do not share their sales numbers, but what we can see is that taken together we now have a double-digit share of the UAE market. It’s the same in Saudi Arabia.
“What makes it interesting is that this shift from 1 per cent share to 14 per cent in the UAE happened quite rapidly, much of which in the last 2-3 years.”
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Olayan and Lunate acquire stakes in ICD Brookfield Place
Investment Corporation of Dubai (ICD) and Brookfield Corporation (Brookfield) today announced an agreement with Olayan Financing Company and Lunate for the sale of a 49 percent stake in ICD Brookfield Place (ICDBP), a world-class commercial and retail property located in the Dubai International Financial Centre (DIFC).
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Miral Partners with Khalifa Fund for Enterprise Development for second year to support local entrepreneurs
For the second consecutive year, Miral - Abu Dhabi's leading creator of immersive destinations and experiences - continues its collaboration with the Khalifa Fund for Enterprise Development to bolster local entrepreneurs at Yas Bay Waterfront’s "Waterfront Nights" market.
The market has been running since 22nd March 2024 and is currently showcasing 20 small businesses and artisans, 10 of which are supported by the Khalifa Fund.
Highlighting the strong partnership, Alia Al Mazraouie, CEO of Khalifa Fund for Enterprise Development, and Mohamed Abdalla Al Zaabi, Group CEO of Miral, visited the “Waterfront Nights” market to support the entrepreneurs and learn more about their local businesses and product offerings.
Homegrown brands supported by the Khalifa Fund at this year’s “Waterfront Nights” include IV Perfume, Sada Oud, and FAE Oud & Perfumes, which bring their luxury perfumes and Emirati incense. There is also Glaza Collection and Manout Tailoring, which feature intricately adorned and locally sourced traditional textiles, and Boomah Cafe, which merges the charm of live owls with Japanese military-themed décor.