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Dubai
Markets
Borse Dubai plans $1.59 billion sale of Nasdaq shares
The Dubai-based company is selling about 27 million shares at a price of $59 per share in a secondary offering
Industry
UAE industrial exports surge to $50.9 billion in 2023, marking 61 percent growth
Sheikh Mohammed bin Rashid chaired UAE Cabinet meeting, reviewing accomplishments of industrial sector
Markets
UAE gold prices show slight increase ahead of Fed meeting
Gold holds above $2,150 support level
Markets
UAE gold price drops as traders turn cautious ahead of Fed meeting
Prices sank below $2,150
Real Estate
Nakheel and Meydan to merge under Dubai Holding, announces Sheikh Mohammed
The board of directors of both Nakheel and Meydan will be abolished
Sustainability
Dubai Can saves 18 million bottles in 2 years in fight against single-use plastics
Dubai installed 50 water fountains, plans 30 more by year's end
Hospitality & Tourism
Dubai sees 21 percent jump in international tourists at 1.77 million for January 2024
Western Europe leads source markets as Dubai continues to attract global tourists
Logistics
DP World revenue up 6.6 percent at $18.25 billion for 2023
In terms of cash flow, DP World generated $4.579 billion from its operating activities in 2023
Miscellaneous
DWTC achieves remarkable growth in 2023, welcomes 2.47 million visitors
Unprecedented growth cements Dubai's position as a global hub for business and trade
Markets
Gold dips as dollar strengthens, traders await additional U.S. data
Copper prices cooled down after reaching 11-month highs
Markets
Parkin IPO oversubscribed 165 times, demand soars to $71 billion
Parkin will commence trading on the DFM on March 21, 2024
Hospitality & Tourism
ATM 2024: Sustainability, startups and innovation in aviation sector on the agenda
ATM 2024 will take place from May 6 to 9 at the Dubai World Trade Center
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