The new terms will also see the exit of GEMS’ existing minority shareholders, including Malaysia’s sovereign wealth fund Khazanah, as well as a substantial reduction in the stake held by CVC Capital Partners |
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| Dubai Courts have introduced new rules for divorced parents travelling with children in the city |
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| Ajman real estate sector sees major increase in commercial property valuations |
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| Emirates, Etihad, and others launch new flight routes to Europe, Asia, South America, and Africa to meet rising travel demand in the UAE |
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| A new set of fintechs such as Whimso, licenced by the UAE central bank, are re-defining the financial sector by offering accessible, secure, and easy-to-use mobile money solutions |
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| Its progress this year is the third in a row |
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| Central Bank of UAE data shows Demand Deposits rose to $287.54 billion) at the end of March 2024 |
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Planned Schengen-style visas in South East Asia, Southern Africa and the GCC could have deliver a massive tourism boost to 17 countries |
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| National Centre of Meteorology forecasts temperature of over 50 degrees and rain in parts of the country this week |
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| LinkedIn survey reveals the importance of artificial intelligence skills in Saudi workplaces |
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| UAE stock markets are targeting a value of around $1.6tn following successful IPOs this year |
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| CBUAE gold reserves valued at more than $5bn |
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The benefits of substantially enhanced road safety in GCC countries are significant |
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| In embracing the future, the role of generative AI in commercial banking has become increasingly prominent to streamline operations |
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