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HONOR boasts fastest capturing speed with latest HONOR Magic5 Pro : Introduces one-of-a-kind ‘Millisecond Falcon Capture’ feature that delivers lightning-fast and quality images

GCC NewsMay 19, 202305 mins

As a leading smartphone manufacturer, HONOR has always been dedicated to pushing the industry benchmarks and introducing innovative features that go beyond the norm. With its latest offering, HONOR Magic5 Pro which comes with the Millisecond Falcon Capture, HONOR is set to revolutionise smartphone photography in ways that were previously thought impossible. This groundbreaking feature promises to…

LuLu Financial Holdings opens 280th global branch and 93rd in the UAE at Dubai’s DIP region

GCC NewsMay 16, 202302 mins

The new LuLu Exchange branch is located inside the Town Mall at Dubai Investment Park -2 UAE’s leading cross-border payments and currency exchange provider opened its 93rd branch in the country in the commercial region of DIP-2 in Dubai. The new branch marks the 280th global branch under LuLu Financial Holdings and was inaugurated by…

Indian rupee opens lower against UAE dirham

GCC NewsMay 11, 202303 mins

Positive sentiments in the equities market and inflow of foreign funds provided support to the currency The Indian rupee declined 2 paise to 81.96 against the US dollar (22.33 versus the UAE dirham) in early trade on Thursday amid weak sentiments in the Asian markets and upward movement in the crude oil price. According to…

UAE: Ministry issues important notice to some businesses, warns of penalties for non-compliance

GCC NewsMay 9, 202302 mins

Companies are advised to contact the authority if they have not yet received the notification in question, in order to avoid being penalised The Ministry of Economy has issued an important notice for all Designated Non-Financial Businesses and Professions (DNFBP). In a post on social media, the authority warns that the ‘Money Laundering and Terrorist…

Business

Demand for hotels in Riyadh to shoot up as major events unfold: Knight Frank

GCC NewsMay 8, 202303 mins

RIYADH: Saudi Arabia’s capital city is set to witness a surge in hotels due to an increase in big-ticket sporting and entertainment events to be hosted in the metropolis, including the flagship Riyadh Expo 2030, said a hospitality industry expert. Speaking at the Future Hospitality Summit in Riyadh, Turab Saleem, Knight Frank’s head of hospitality,…

Business

Over 130 usufruct agreements signed in 2022

GCC NewsMay 7, 202301 mins

Muscat: More than 130 usufruct agreements were signed during the year 2022 ,Vice-President of the Public Authority for Special Economic Zones and Free Zones, said. His Excellency Eng. Ahmed bin Hassan Al-Dheeb, Vice President of the Public Authority for Special Economic Zones and Free Zones, indicates that OMR 300 million have been allocated for projects in…

Alpha Dhabi’s growth strategy powers Dh7.3 billion net profit

GCC NewsMay 6, 202305 mins

Revenues also grew significantly to reach Dh12.8 billion Alpha Dhabi reported a strong set of first quarter financial results with net profit up 161 per cent year-on-year to Dh7.3 billion (Q1 2022: Dh2.8 billion), which includes a fair value gain as a result of the derecognition of Pure Health Holding LLC. Revenues also grew significantly…

Adani to build India’s first Integrated data centre and tech business park in Andhra Pradesh

GCC NewsMay 5, 2023January 26, 202404 mins

Ahmedabad: The Adani Group is developing an integrated data centre and technology business park in Visakhapatnam to boost local technology ecosystem in the region. The investments will be on top of the Rs 20,000 crore already invested in the state, which created more than 18,000 direct and 54,000 indirect jobs, according to a statement from the…

Level of passengers’ travel in India has now surpassed pre-Covid levels

GCC NewsMay 4, 202303 mins

New Delhi: Ministry of Civil Aviation Senior Economic Advisor Piyush Srivastava on Wednesday said the level of passengers’ travel has now surpassed the pre-Covid levels. During a media interaction at an event in New Delhi, the senior economic advisor of the ministry said, “It goes to show that the aviation industry and the Indian economy are…

India emerging as key aviation market: IATA report

GCC NewsMay 1, 202309 mins

Singapore: India is fast emerging as a key global aviation market, according to the latest market analysis report of the International Air Transport Association ( ATA). India’s domestic air travel has continued to grow robustly and as of February, it was a mere 2.2 per cent shy of reaching pre-pandemic levels measured by passenger revenue kilometres…

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Category: Business

HONOR boasts fastest capturing speed with latest HONOR Magic5 Pro : Introduces one-of-a-kind ‘Millisecond Falcon Capture’ feature that delivers lightning-fast and quality images

LuLu Financial Holdings opens 280th global branch and 93rd in the UAE at Dubai’s DIP region

Indian rupee opens lower against UAE dirham

UAE: Ministry issues important notice to some businesses, warns of penalties for non-compliance

Demand for hotels in Riyadh to shoot up as major events unfold: Knight Frank

Over 130 usufruct agreements signed in 2022

Alpha Dhabi’s growth strategy powers Dh7.3 billion net profit

Adani to build India’s first Integrated data centre and tech business park in Andhra Pradesh

Level of passengers’ travel in India has now surpassed pre-Covid levels

India emerging as key aviation market: IATA report