by Vasu Jit Kalia | August 20, 2024 | Banking, Retail Banking
The aggregate number of ATMs of banks operating in the UAE increased by 15, reaching 4,669 ATMs at the end of Q1 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). The increase in ATMs in the UAE reflects the rapid technological and...
by Vasu Jit Kalia | August 20, 2024 | News
Dubai World Trade Centre Authority (DWTCA) Free Zone today published results from the first half of the year, revealing a sharp uptick in the number of companies choosing DWTCA as the destination for their Dubai business, and marking an increase in the number of...
by Vasu Jit Kalia | August 19, 2024 | Banking, Investment Banking
The American multinational investment bank and financial services company Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25%. This was based on the latest weekly jobless claims and retail sales...
by Vasu Jit Kalia | August 19, 2024 | Real Estate
In a strategic move aimed at revolutionizing UAE’s real estate investment landscape, Dubai-based Meteora Developers announced today the multi-million dollars acquisition deal of Maisour, a DIFC-based property crowdfunding platform. Maisour’s innovative model of...
by Vasu Jit Kalia | August 19, 2024 | Aviation, Industry
Private jet flights have been a symbol of the rich and the mighty, but however the demand of these flights fell by 15% in the first half of the year against their peak in 2022. Paris Summer Olympics came a ray hope for these ultra-luxury flights with a record 713...
