November 30th, 2018With technology growing so fast, various countries have been coming up with Hyperloop and driverless flying cars, and now, the UAE is all set to introduce a futuristic mode of transport which will be an underwater rail network.
With this, the UAE has proved to be the land of innovations and setting a benchmark in the world. In the...
November 12th, 2018Middle East-based cab aggregator Careem has entered into a deal and signed a memorandum of understanding (MoU) with the Department of Culture and Tourism, Abu Dhabi (DCT Abu Dhabi) for the purpose of creating curated routes across the emirate and encourage events in the city.
Careem GCC managing director Bassel Al Nahlaoui and DCT Abu...
November 12th, 2018A construction technology company based in UAE known as WakeCap has secured $1.6 million in seed funding round. The particular round was led by a group of global investors including Consolidated Contractor Company (CCC), Graphene Ventures, Abunayyan Holding and Inspire Ventures Arabia, SOSV, startAD Seed and SeedCo Capital.
The...
November 5th, 2018Dubai based venture capital firm BECO Capital has reportedly raised an amount of $10 million for its second fund from the popular International Finance Corporation (IFC) which is a member of World Bank Group.
This investment is basically a part of an effort to support technology start-ups and drive innovation across the Middle East...
October 16th, 2018OYO, the India-based budget hotel chain has been foraying into various countries since a long time. And yet again, the company has entered into another region that is in the United Arab Emirates (UAE).
OYO has become one of the most reached hospitality chain in India and is growing its existence day by day in other countries as well....
September 1st, 2018With the increased demand for beauty and wellness products among the people, UAE is now among the top spenders in cosmetics and personal care products across the globe.
People these days are preferring natural skin care treatments, non-invasive beauty procedures and also with the growing influence of beauty and lifestyle bloggers has...
July 28th, 2018Dubai, the largest city in the United Arab Emirates (UAE) has been given the title of one of the world's top five maritime/shipping hubs in the International Shipping Centre Development Index (ISCD).
The countries that stand above Dubai in the index published by the London-based shipping exchange the Baltic Exchange and Xinhua are...
July 21st, 2018China will be setting up a state-owned financial service firm in United Arab Emirates (UAE) Abu Dhabi's financial hub. This firm will provide lending facilities to Chinese companies operating in the emirate's industrial zone.
Abu Dhabi Global Market (ADGM) stated that the company has been approved by its Financial Services Regulatory...
June 18th, 2018Foreign residents flying between India and Dubai have a good news for them! The UAE government has announced to grant free transit visas for first 48 hours to transit passengers.
Additionally, the visa can be extended for up to 96 hours by paying 50 Dirham (about Rs 930). Though the confirmed date for the service to kickstart has not...
June 12th, 2018The government of Qatar has alleged UAE over human rights violation and now is taking it to the UN International Court of Justice (ICJ) as cited to the official Qatar News Agency (QNA).
The move has come a year after Qatar accused of "terrorism" tied diplomatic and trade relations with Saudi Arabia, Bahrain and Egypt. On the other...
