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Saudi Tadawul Group and Sahm Capital have collaborated to introduce the Invest Wisely Programme, aiming to enhance financial literacy.
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has significantly reduced its holdings in US stocks during the first quarter of the year, nearly halving the value of its direct investments in these equities.
Arif Amiri, Chief Executive Officer of the DIFC Authority, stated that the DIFC, as a premier (re)insurance hub, has enhanced its services, supporting individuals and businesses in the region for the past 20 years.
Nearly a month after being forced to evacuate due to structural damage, residents of the Al Qaseer building remain in limbo. “Our landlord covered our expenses for up to 10 days,” said Nawal, a resident for two years. “We were initially told we could return on May 12, but that didn’t happen. Now, we’re told the building will be ready by the end of the month. We’ve been spending heavily on hotel apartments.”
Dubai Police have issued guidelines for fans preparing to attend the President’s Cup final, which kicks off tonight at the Hazza bin Zayed Stadium.
The Ministry of Human Resources and Emiratisation (Mohre) announced on Friday that over 1,300 private companies in the UAE faced penalties for breaching Emiratisation regulations from mid-2022 to May 16, 2024.
If you’ve found a buyer for something you’re selling online, like a car or a bag, be cautious of scammers who send counterfeit bank receipts, cautioned the police.
Commuters in Dubai eagerly await the reopening of four crucial Metro stations on May 28, following their closure announcement last month.
Zhang Yiming, the Ambassador of the People’s Republic of China to the UAE, highlighted the importance of the ongoing China-Arab Entrepreneurs Summit 2024, which began in Abu Dhabi on May 15.
Keyper, a UAE-based property technology (proptech) firm, has disclosed a pre-Series A funding round of $4M in equity.