Thursday, July 10, 2025

Finance

UAE start-up Play:Date raises $250,000 in funding amid expansion push

Fo Play:Date, a Dubai-based interactive platform that helps parents build their children’s social circle, plans to expand its services globally after raising $250,000 (Dh917,500) in its latest funding round. The round was led by a New York-based venture capital firm Modus...

UAE issues 4,201 new licences for economic activities in June

The country had a total of 652,885 licences at the end of the month The UAE issued 4,201 new licences for economic activities in June, taking the total to 652,885 licences at the end of the month, according to government...

Citigroup halts plan to bring staff back to work in 13 US states

Bank will delay bringing workers back in Texas, Florida, South Dakota, Idaho and other areas where infection rates are still high Citigroup is pulling back on plans for returning employees to offices across the US as coronavirus cases surge in...

We invested in overseas property during the pandemic

While Covid-induced bargains and the lure of citizenship attract UAE residents to foreign property ownership, buying during a crisis can be challenging With the coronavirus pandemic reinforcing the need to diversify investment portfolios, some UAE residents have begun to consider...

Money & Me: ‘I’d tell my younger self to be a more aggressive risk-taker’

Adnan Zubairi of DXBuy, who wants to be financially independent by the age of 40, says he's learnt valuable lessons from his entrepreneurial successes and failures Adnan Zubairi is the chief executive of DXBuy, a B2B e-commerce platform for small...

Saudi Arabia’s Qiddiya to award 10bn riyals of contracts for Riyadh mega project

Exclusive: The Public Investment Fund-backed company plans to raise money through a bond or sukuk issuance Saudi Arabia’s Qiddiya Investment Company, backed by the kingdom's sovereign wealth fund, plans to award at least 10 billion riyals ($2.66bn/Dh9.79bn) worth of contracts...

Credit insurers need to raise their game right now

Any decline in coverage could deal a body blow for businesses and their export chances Credit risk insurance offers local businesses just the safety net they need when supply chains are getting stretched.Image Credit: Bloomberg ALSO IN THIS PACKAGE 2021 Bentley...

Dubai homeowners can claim several rights from new Law

Recent JOP Law extends discretionary powers, but it comes with limits too Clear guidelines form the foundation of Dubai's updated homeowners law. These are starting to be felt in the property landscape.Image Credit: Shutterstock ALSO IN THIS PACKAGE Explained: COVID-19 test...

Dubai homeowner businesses need to provide bank guarantees

This could reach up to 20% of a building's annual service charge budget Homeowner management companies will have to issue bank guarantees linked to service charge budgets for the buildings they are handling.Image Credit: Gulf News Archive ALSO IN THIS PACKAGE ...

Bank Mitra earns well, does not even bother to go away from home

You can earn 2-5 thousand every month by becoming a bank mitra Bank gives preference for loan Under the Pradhan Mantri Jan Dhan Yojana (PMJDY), a loan of Rs 1.25 lakh is also given to all Bank Mitras, ...

Latest News

UAE Golden Visa: New service to make applying easier for Bangladeshi residents

Visa holders of the 10-year residency can sponsor their spouse, children (including adult children), parents, and household staff to...

Sharjah announces up to 35% discount on traffic fines paid within 60 days

Sharjah announced a 35% discount on traffic fines if payment is done within 60 days of committing the offence. If payment is made after 60...

Today Gold Rate in Dubai (UAE) in Dirham, 8th July 2025

Today Gold Rate in Dubai (UAE) Today Per tola is AED 4,691.77 while 24k Per 10 Gram gold price is AED 4,022.50. Usually people...

Today Gold Rate in Saudi Arabia – 8th July 2025

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 4,782.16 while 24k Per 10 Gram gold price is SAR 4,100.00. Usually...

Today Gold Rate in Qatar – 8th July 2025

Today Gold Rate in Qatar Today Per tola is QAR 4,653.86 while 24k Per 10 Gram gold price is QAR 3,990.00. Usually people opt...