Emirates and flydubai resume normal operations after Dubai floods
RIYADH (Reuters) – Dubai’s flagship carrier Emirates and sister airline flydubai have restored normal operations after heavy rains caused severe flooding across the United Arab …
Dubai
Four dead in UAE, Dubai airport still disrupted after storm
DUBAI (Reuters) -Deaths from heavy rains earlier this week in the United Arab Emirates rose to four, authorities said on Friday, as well as flooding …
Dubai sees rising appetite from Chinese asset managers -regulator chief
By Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of …
Dubai leads most Gulf markets higher
By Md Manzer Hussain (Reuters) – Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate …
Asia wealth managers flock to Dubai as clients look to diversify
By Xie Yu and Yantoultra Ngui HONG KONG/SINGAPORE (Reuters) – A growing number of wealth managers in Asia are setting up offices in Dubai, capitalising …
BlackRock to invest up to $400 million in Dubai decarbonisation firm Positive Zero
By Yousef Saba DUBAI (Reuters) -BlackRock has agreed to invest up to $400 million in Dubai-based decarbonisation company Positive Zero through a diversified infrastructure fund, …
US Vice President Harris to attend COP28 climate summit in Dubai -Bloomberg News
(Reuters) -U.S. Vice President Kamala Harris will attend the COP28 climate summit in Dubai, Bloomberg News reported on Tuesday, citing people familiar with the matter. …
Biden to skip COP climate meeting in Dubai- official
(Reuters) – U.S. President Joe Biden will not attend a gathering of world leaders focused on climate change in Dubai this week, a U.S. official …
Emirates, Ethiopian edge towards Airbus deals after Dubai talks
DUBAI (Reuters) – Emirates moved closer on Wednesday towards a potential agreement to buy dozens of Airbus A350-1000 jets after narrowing differences over performance and …
Emirates and flyDubai place Dubai Airshow jet orders
DUBAI (Reuters) -Dubai’s Emirates placed an order for 90 more Boeing 777X jets at the opening of the Dubai Airshow on Monday, including both variants …
Dubai invites pitches for IPOs of taxi, parking assets – sources
By Hadeel Al Sayegh DUBAI (Reuters) – Dubai’s Roads and Transport Authority (RTA) has invited investment banks to pitch for roles in the planned initial …
Hedge fund Verition joins rush to Dubai financial hub
By Hadeel Al Sayegh DUBAI (Reuters) – U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft of other hedge funds including …
Exclusive-India’s BPCL in talks with Rosneft to buy oil priced on Dubai benchmark -sources
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million …
Dubai chases long-term growth as property booms, seeks to blunt debt risk
By Rachna Uppal and Yousef Saba DUBAI (Reuters) – Buoyed by a swift economic rebound post-COVID, Dubai is racing to attract people and capital to …
Dubai DXB airport Q1 passenger traffic reaches 96% of pre-pandemic level
DUBAI (Reuters) – Dubai’s main airport registered a 55.8% increase in passenger traffic in the first quarter of this year compared to last year, reaching …
India’s Adani to hold fixed-income road shows in London, Dubai, US
DUBAI (Reuters) – India’s Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to …
Dubai lender Emirates NBD 2022 net profit up 40%
DUBAI (Reuters) – Emirates NBD, Dubai’s biggest lender, reported a 40% jump in 2022 net profit to 13 billion dirhams ($3.5 billion) on Thursday, helped …
Dubai property price rises seen slowing further in 2023 – Betterhomes
By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year …
Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial …
Bank of America moves some of its Russia-based bankers to Dubai – sources
By Hadeel Al Sayegh DUBAI (Reuters) – Bank of America (BofA) is moving some of its Russia-based bankers to Dubai, two sources told Reuters, following …
Atlantic City Police Rescue and Revive Dubai Man in Bay
ATLANTIC CITY, NJ – Police in Atlantic City on Tuesday rescued a Dubai man from the thoroughfare section of Lakes Bay who was floating in …
Foreign demand to keep Dubai property prices on steady upward course- Reuters poll
By Md Manzer Hussain BENGALURU – Dubai house prices are set to mostly rise steadily over the next two years, driven by demand from foreign …
Dubai utility DEWA rises 20% above IPO price
DUBAI – Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public …
Dubai grants crypto exchange Binance a virtual asset licence
DUBAI – The world’s largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said on Wednesday, from …
Some Goldman Sachs employees moving out of Russia to Dubai -Bloomberg News
– Goldman Sachs Group Inc is shifting some of its Moscow-based employees to Dubai as its staff seeks to work from a different location following …
Dubai housing a buyer’s market despite surprise price rise – Reuters poll
By Md Manzer Hussain BENGALURU – Strong demand is likely to make Dubai house prices rise more sharply this year than previously thought, although plentiful …
Canadian Man Going To Prison For Attempting Illegally To Export Firearms From The U.S. To Dubai And Columbia
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney James P. Kennedy, Jr. announced today that Aydan Sin a/k/a Hon Chak Gordon …