Lamplighter Group, a specialized consulting firm, has officially launched its operations in Abu Dhabi, marking a significant step in its strategy to enhance its regional presence. The firm aims to leverage the unique advantages that the Abu Dhabi Global Market (ADGM) offers as a regulatory and business hub in the Middle East. This decision follows...
Mortgage Finder has announced a new initiative aimed at supporting first-time homebuyers by offering a 1% cashback on their mortgage options. This innovative program is designed to assist new buyers in overcoming initial financial hurdles associated with purchasing property, as many people often struggle to save for a down payment and closing costs. The cashback...
The Dangote Refinery, the largest in Africa, has emerged as a pivotal player in the global fuel market, processing significant volumes of fuel for export to West Africa and Europe. Located in the Lekki Free Zone of Lagos, this privately-owned facility is not only meeting domestic needs but has also raised the bar for fuel...
The Rock-It Company, a prominent player in the specialist logistics sector for high-value and time-sensitive goods, has officially expanded its operations to Abu Dhabi. This strategic move is expected to enhance the capital’s allure as a global center for luxury, culture, and prestigious events. With a reputation for providing top-notch logistics solutions tailored to live...
The Qatari royal family is mourning the loss of Sheikh Hamad bin Khalifa Al Thani, who served as the Emir of Qatar from 1995 until his abdication in 2013. He passed away at the age of 74, marking the end of an era for the Gulf nation, which has seen immense transformation under his leadership....
Latham & Watkins has successfully provided legal counsel to Keyper, a proptech innovator based in the UAE, as it secures $11 million in its Series A funding round. This financing marks a significant milestone for Keyper, which is dedicated to revolutionizing the rental and property management landscape in the region. The Series A funding will...
According to a recent report by S&P, financial institutions in the United Arab Emirates and Saudi Arabia are poised to spearhead credit growth within the Gulf Cooperation Council (GCC) by the year 2026. This forecast comes on the heels of robust domestic economic conditions in both countries, which are expected to foster a favorable environment...
The Dubai Electricity and Water Authority (DEWA) has announced that clean energy sources now contribute to 21.5% of the emirate’s overall energy production mix. This significant milestone is part of Dubai’s comprehensive strategy to enhance its energy sustainability and reduce reliance on fossil fuels. DEWA is currently undertaking an ambitious investment initiative, channeling $1.9 billion...
The recent revision of duty-free gold limits by the Indian government has provided non-resident Indians (NRIs) and tourists in the UAE a unique opportunity to save significantly on gold purchases. Under the new rules, travelers can bring back a higher quantity of gold into India without having to pay customs duties, translating into substantial savings...
Abu Dhabi National Oil Company (ADNOC) Logistics and Services has made a significant advancement in its operations by placing an order valued at approximately $900 million to acquire four additional liquefied natural gas (LNG) carriers. This strategic move comes as part of ADNOC’s ongoing efforts to enhance its logistics capabilities and meet the growing global...