The Dubai Centre for Family Businesses, which operates under the umbrella of Dubai Chambers, has revealed the results of a survey conducted to gauge the opinions, aspirations, and strategies of the next generation of family business members in the emirate.
Category: Economy
ADCB’s brand value surges over 8% in 2023, reaching AED 10.5 billion
Abu Dhabi Commercial Bank (ADCB) has seen the value of its brand increase 8.7 percent over the last year to reach AED 10.5 billion, according to the 2024 Banking 500 report from Brand Finance, the leading global brand valuation consultancy.
Dubai Airports advises travellers against arriving too early to avoid overcrowding at DXB
Dubai Airports has issued an alert urging guests departing from Dubai International (DXB) to arrive at their terminal 3 hours before their departure time.
flydubai resumes operating its full flight schedule
flydubai has returned to operating its full flight schedule from Terminal 2 and Terminal 3 at Dubai International (DXB).
ADNOC to redeem exchangeable bonds in ADNOC Distribution upon maturity in June 2024
Abu Dhabi National Oil Company (ADNOC) announced today that it intends to settle, via a cash payment, its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution), which bear a coupon of 0.70%, upon maturity on 4th June, 2024
Gold prices in Dubai Today Tuesday, April 16, 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Tuesday, April 16, opened at a selling price of AED 8,760.14 per ounce, according to UAEgoldprices.com.
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.
UAE, Gulf investors cautious
The DFM and ADX indices dropped in early trading in reaction to the latest Middle East crisis that unfolded over the weekend.
The DFM is down by over 1 per cent, while ADX is lower by nearly 0.6 per cent in the first 15 minutes of the market opening after the extended Eid break.
Gold prices in Dubai Today Sunday, April 14, 2024
Gold prices in Dubai, the United Arab Emirates (UAE) today, Sunday, April 14, opened at a selling price of AED 8,608.83 per ounce
CBUAE’s gold reserves up 7% YoY
The value of gold reserves of the Central Bank of the UAE (CBUAE) reached AED17.921 billion by the end of January 2024, a year-on-year (YoY) growth of 7 percent.