Shares in Wirecard fell to more than two-year lows on Friday after a Dubai-based business partner closed its doors even as the German payments company played down the impact on operations. The shares …
Wirecard’s Dubai business partner enters liquidation
Wirecard’s most significant business partner of recent years, a Dubai business central to whistleblower allegations that the German payments group fraudulently inflated sales and profits, has …
Is Dubai About To Get Another Bailout From Richer Neighbor Abu Dhabi?
The two emirates are reportedly discussing a potential rescue package for the troubled Dubai economy, but what assets might be involved?
Built for a global economy, Dubai now threatened by virus
Under pressure even before the outbreak, Dubai and its vast web of state-linked industries face billions of dollars in looming debt repayments.
Dubai’s historic gold souk shines again after lockdown
Evening dresses made of gold mesh, gilded sunglasses and glittering crowns are sparkling again from the windows of Dubai’s historic gold souk which was shuttered during the coronavirus lockdown.
Dubai Business Women Council Comes Together To Support Members During The COVID-19 Crisis
Many DBWC members came to the financial and emotional rescue of their fellow members during the COVID-19 crisis.
Over 4,300 needy families in UAE receive up to Dh5,000 each, thanks to bank’s donation
More than 4,300 families have received financial support from a charity association in Ras Al Khaimah, thanks to the Dh12.8-million donation of Dubai Islamic Bank. Each family received about Dh1,500 …
Exclsuive: Abu Dhabi in Talks With Dubai for Support Through State Fund Mubadala – Sources
Dubai has developed quickly to become the Middle East’s tourism, trade and business hub, while Abu Dhabi is the UAE’s political capital beca …
Rethinking Business: A Look At How Some Enterprises In Dubai Are Transforming Themselves In Response To the COVID-19 Pandemic
“Yes, you have to act fast and make some big decisions, but do this based on data, rather than feeling, or because everyone else is.” …
Azerbaijan, France mull partnership in digital economy [PHOTO]
By Akbar Mammadov Azerbaijan is open to cooperation with France for the country’s transformation to digital economy, Minister of Economy Mikayil Jabbarov said during the French-Azerbaijani business …