Apparel Group, a prominent player in the fashion and lifestyle retail sector, has taken a significant step into the real estate market with the launch of Kora Properties. This new venture reflects the company’s strategy to diversify its portfolio and respond to the increasing demand for high-quality properties in the UAE, a region renowned for…
As travel resumes and gold prices stabilize, many Indian tourists are flocking to Dubai’s renowned gold markets. With the allure of competitive prices and a diverse selection, shoppers often wonder about the regulations governing how much gold they can bring back to India without incurring duties. Duty-Free Allowances for Gold Indian customs regulations specify that…
Abu Dhabi National Energy Company, known as TAQA, has divested its lignite-fired power operations in India, signaling a strategic shift towards cleaner energy sources. This decision aligns with the company’s commitment to reducing carbon emissions and enhancing its portfolio of gas and renewable energy assets. Details of the Sale TAQA has sold its entire stake…
In the first nine months of 2025, NMDC Group demonstrated robust financial performance, showcasing a substantial increase in both revenue and net profit. The company’s strategic focus on overseas expansion and energy contracts has played a pivotal role in its growth trajectory. Financial Highlights NMDC Group reported a revenue of Dh20.5 billion, marking an 11%…
Recent fluctuations in the gold market have led to a noticeable drop in prices in Dubai, following a period of record highs. As global prices show signs of recovery after a significant selloff, local retail prices are adjusting accordingly. This article explores the current situation and what it means for investors and consumers alike. Current…
A new platform has emerged in the UAE, aiming to simplify the process of finding reliable home improvement professionals. Launched in September 2025, this innovative service connects residents with verified experts, enhancing the overall experience of home renovations and repairs. Overview of Check Trusty Check Trusty is the first community-driven review site in the UAE,…
The upcoming Tristar Safety at Sea Conference is set to reinforce the UAE’s status as a pivotal player in the global maritime sector. Scheduled for November 10, this event will gather key stakeholders to address pressing issues and explore effective solutions within the maritime community. Recent Maritime Events in the UAE The UAE recently hosted…
The ongoing government shutdown in the United States is creating significant disruptions in the flow of essential economic data. As key reports on employment, trade, and retail sales are delayed, businesses are left without crucial information needed for decision-making. This uncertainty could lead to reduced hiring and investment, impacting the overall economy. The Importance of…
Saudi Aramco has made a significant move in its energy strategy by awarding a multi-billion-dollar contract to National Energy Services Reunited Corp. (NESR), a prominent US-listed oilfield services firm. This partnership aims to enhance the development of unconventional gas resources in Saudi Arabia, aligning with the Kingdom’s Vision 2030 initiative to diversify its energy portfolio….
The recent administration filing by Petrofac, a UK-based energy contractor, has raised concerns about the future of several significant oil and gas projects in the Gulf region. With a workforce of approximately 7,300 employees globally, the company’s financial struggles have intensified following the loss of a crucial contract, prompting questions about its ongoing operations in…