The recent outage of Amazon Web Services (AWS) has highlighted the vulnerabilities that small businesses face when relying heavily on centralized cloud platforms. This incident, which originated from a regional issue on the U.S. East Coast, disrupted numerous online services globally, revealing the critical need for backup systems and regional resilience among small enterprises in…
The Sharjah Investment Forum (SIF 2025) is set to commence tomorrow at the Al Jawaher Reception and Convention Centre. This year marks a significant milestone as it is being held alongside the WAIPA World Investment Conference (WIC 2025), bringing together a diverse group of participants and speakers from around the globe. Event Overview SIF 2025…
Dubizzle Group, a prominent classifieds marketplace in the UAE, is gearing up for its public offering next month. The company has reported impressive financial results, showcasing a significant increase in profitability that underscores its robust business model. Impressive Financial Performance In the first half of 2025, Dubizzle achieved adjusted EBITDA margins of 46%, a notable…
The Dubai International Financial Centre (DIFC) has reached a remarkable milestone, surpassing 8,000 registered companies and managing banking assets totaling $240 billion. This growth reflects the center’s increasing significance as a leading financial hub in the region. The announcement was made on October 20, highlighting the DIFC’s expansion since 2015. Growth in Registered Companies The…
Gold prices in Dubai have shown stability at the start of the week, following a period of significant volatility in the global market. After a sharp sell-off that impacted bullion prices, 24-karat gold is currently trading at Dh512.25 per gram, while 22-karat gold is priced at Dh474.25. This steadiness comes after a notable decline last…
Dubai drivers can now enjoy a more streamlined experience managing their Salik toll accounts thanks to the recent launch of a WhatsApp channel and enhancements to the mobile app. These updates aim to simplify transactions and improve customer service for users navigating the city’s toll system. New Features for Salik Users With the introduction of…
Dubai’s motorists may soon enjoy a more streamlined experience as Parkin, the city’s leading public parking operator, teams up with InsuranceMarket.ae. This partnership, unveiled at Gitex Global 2025, aims to integrate car insurance services directly into Parkin’s digital platform, expanding its offerings beyond just parking and payments. A New Era of Convenience for Drivers The…
Recent economic developments have led to a significant increase in the prices of gold and silver, as investors seek safe-haven assets amidst rising credit concerns and escalating tensions between the United States and China. This surge reflects a growing belief that the Federal Reserve may implement substantial interest rate cuts in the near future. Gold…
The Stargate UAE project, a key component of the 5GW UAE–U.S. AI Campus, is making significant strides toward its anticipated completion in 2026. Developed by Khazna Data Centers, a subsidiary of G42, this ambitious initiative aims to establish one of the largest AI infrastructure hubs globally. Project Overview and Collaborations Launched in May 2025, Stargate…
A new collaboration between Bolt and Network International aims to significantly improve the payment experience for riders and drivers in the UAE. This partnership is set to streamline digital transactions, ensuring that users can enjoy faster and more secure payment methods while using the Bolt app. Partnership Overview Bolt has officially appointed Network International as…