by Alifiya H Ujjainwala | November 8, 2024 | News
A Lebanese man pretending to be an Emirati prince has been sentenced to 20 years in prison by a US court. Alex Tannous, 39, used his fake identity to scam people globally, promising them investments and stealing millions of dollars. The U.S. Attorney’s Office in...
by Jibran Munaf | November 8, 2024 | News
Dubai has been recognized as the leading city in the Middle East and North Africa (MENA) and fifth globally in the 2024 Global City Index by Brand Finance, a leap that underscores its growing influence on the global stage. With an impressive score of 86 out of 100,...
by Jibran Munaf | November 8, 2024 | News
Federal Reserve Chair Jerome Powell made a firm statement on Thursday, asserting that even if President-elect Donald Trump wanted to fire or demote him, the law would not permit it. Powell’s remarks came in response to questions about Trump’s previous assertions that...
by Jibran Munaf | November 7, 2024 | News
Dubai’s commercial office market is experiencing significant growth, with Q3 2024 seeing an unprecedented surge in rental prices and occupancy levels across the city’s top business districts, according to the latest report from Savills. The global real estate advisory...
by Jibran Munaf | November 7, 2024 | News
Dubai Taxi Company (DTC) has reported strong financial performance for the first nine months of 2024, achieving a 20% year-on-year increase in EBITDA, which reached AED 432.2 million. The growth was driven by a 13% rise in revenue, bringing total revenue to AED 1.6...
by Jennifer George | November 7, 2024 | Commodities, Currencies, Markets, News
The Middle East and the US are forging significant alliances meant to alter the global order under a renewed Trump presidency. Investors in the Middle East are beginning to anticipate shifts in trade policies and key markets that will impact the region. A Trump...