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Dubai

NASA astronaut shares breathtaking picture of Burj Khalifa from space

NASA astronaut Don Pettit, who is now on the International Space Station (ISS) mission, posted a breathtaking image of a nighttime Dubai with the Burj Khalifa shining like a diamond

NASA astronaut shares breathtaking picture of Burj Khalifa from space
Updated On : 04 Feb 2025 | 6:02 PM IST

Dubai unveils $100 million mansions to attract world's ultra-rich

Prices across Dubai's booming property market are moderating after surging since 2021. But that's not stopping builders from adding the palatial new homes along the city priciest beach-front location

Dubai unveils $100 million mansions to attract world's ultra-rich
Updated On : 02 Feb 2025 | 11:48 PM IST

NAV Capital launches India-focused AIF fund, aims to raise Rs 500 cr

Dubai-based wealth management advisory firm NAV Capital on Wednesday announced the launch of its first India-focussed close-ended AIF Fund (Category 2) and plans to raise Rs 500 crore in the first round. NAV Capital is a category 3A entity regulated by the Dubai Financial Services Authority (DFSA). The new fund will primarily look for investment opportunities in the pre-IPO stage of companies in the high-growth sectors and small and medium enterprises (SMEs) with high-growth potential prospects. "NAV Capital plans to raise Rs 500 crore in the first round, which will be deployed over 18 months. Of the total corpus, the fund plans to allocate a minimum of 51 per cent capital in unlisted companies and up to 49 per cent in the listed space," it said in a statement. NAV Capital said the fund will be sector-agnostic, focusing on companies in banking and financial services, consumer goods and retail, chemicals and materials, technology and innovation, and infrastructure and logistics. Wit

NAV Capital launches India-focused AIF fund, aims to raise Rs 500 cr
Updated On : 29 Jan 2025 | 10:02 PM IST

Comedian charged 31000 for Jaiselmer flight, books Dubai for 30000 instead

Discussions over domestic tourism have been sparked by Ankit Grover's remark about expensive airfares. He mentioned that the Delhi to Jaisalmer flight is costly, so instead he decided to go to Dubai

Comedian charged 31000 for Jaiselmer flight, books Dubai for 30000 instead
Updated On : 03 Jan 2025 | 5:51 PM IST

Honeymoons can wait, couples make a beeline for pre-wedding 'Photomoon'

The pre-wedding photo-shoot which captures the couple's courtship is the hot new trend in the wedding market

Honeymoons can wait, couples make a beeline for pre-wedding 'Photomoon'
Updated On : 19 Dec 2024 | 3:40 PM IST

Global logistics giant DP World expands Rewari terminal facility by 25%

This expansion will increase the monthly freight train handling capacity of the Pali-Rewari rail terminal by 25 per cent, from its current capacity of 192 trains to 240 trains, the company said

Global logistics giant DP World expands Rewari terminal facility by 25%
Updated On : 18 Dec 2024 | 12:00 AM IST

Law firms across globe rush to cash in on $150 bn West Asia deal boom

The $150 billion of deals involving Gulf firms in 2024 marks a 62 per cent increase from the same period last year, according to data compiled by Bloomberg

Law firms across globe rush to cash in on $150 bn West Asia deal boom
Updated On : 17 Dec 2024 | 12:47 AM IST

Dubai visa rejections rising: Why travel insurance is a must for Indians

The rise in visa denials for Indian travellers to Dubai highlights the importance of choosing the right travel insurance to avoid financial losses

Dubai visa rejections rising: Why travel insurance is a must for Indians
Updated On : 09 Dec 2024 | 3:26 PM IST

Nasscom, DIFC sign MoU to foster cross-border technology partnerships

As part of the MoU, the industry bodies will exchange sectoral insights and development strategies with each other

Nasscom, DIFC sign MoU to foster cross-border technology partnerships
Updated On : 28 Nov 2024 | 10:41 PM IST

Aishwarya drops 'Bachchan' surname at Dubai event amid divorce rumours

Aishwarya Rai attended the Global Women's Forum in Dubai. At the event, the actress' name appeared without the 'Bachchan' surname in a viral video, sparking speculation about her personal life

Aishwarya drops 'Bachchan' surname at Dubai event amid divorce rumours
Updated On : 28 Nov 2024 | 4:56 PM IST

ED attaches assets in India, Dubai linked to Chinese entities in PMLA case

The Enforcement Directorate on Thursday said it has attached fresh assets in India and Dubai, including those belonging to some Chinese-linked shell companies, in its money laundering probe in the 'HPZ Token' case in which numerous investors were allegedly duped through an investment fraud. The properties are valued at Rs 106.20 crore, the federal agency said in a statement. It had attached assets in this case earlier too. The assets belong to various persons and companies, including Chinese-linked shell (paper companies) entities, which were found to be involved in duping investors for hundreds of crores of rupees on the pretext of doubling their investment through the app 'HPZ Token' and online gaming and betting websites, it said. A total of 299 entities, which includes 76 Chinese-controlled entities in which 10 directors are of Chinese origin while two entities are controlled by other foreign nationals, have been named as accused in the chargesheet filed by the ED in this case i

ED attaches assets in India, Dubai linked to Chinese entities in PMLA case
Updated On : 28 Nov 2024 | 2:45 PM IST

Dubai-based family offices now control over $1 trillion in assets

The United Arab Emirates, of which Dubai is a part, is poised to be the top destination for relocating millionaires this year, according to a report from migration advisory firm Henley & Partners

Dubai-based family offices now control over $1 trillion in assets
Updated On : 20 Nov 2024 | 5:31 PM IST

Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO

The hypermarket chain operator fell to as much as 1.99 dirhams ($0.54) per share in its Abu Dhabi trading debut, down 2.5 per cent from the offer price of 2.04 dirhams

Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO
Updated On : 14 Nov 2024 | 3:35 PM IST

UAE family visa: Costs, minimum salary, and application process explained

If you've moved to the UAE for a job or to start a business and want to bring your family over, here's what you need to know

UAE family visa: Costs, minimum salary, and application process explained
Updated On : 12 Nov 2024 | 12:41 PM IST

Dubai Humanitarian mobilises relief aid for displaced people in Lebanon

The mission aims to ensure swift and organised distribution of aid to distressed communities in Lebanon as the approaching winter heightens the need for accelerating humanitarian interventions

Dubai Humanitarian mobilises relief aid for displaced people in Lebanon
Updated On : 11 Nov 2024 | 8:02 AM IST

Adani group's Dubai-based firm to buy ITD Cementation for Rs 3,204 cr

With this transaction at Rs 400 a share, the present promoter Italian-Thai Development Public Company will cease to be a promoter of the company and Adani group's Dubai-based firm

Adani group's Dubai-based firm to buy ITD Cementation for Rs 3,204 cr
Updated On : 26 Oct 2024 | 12:22 PM IST

Dubai, Abu Dhabi race to lure world's asset managers, billionaires

Emergence of companies in a range of new sectors and potential for business created by Abu Dhabi's investments have not gone unnoticed in the international financial community

Dubai, Abu Dhabi race to lure world's asset managers, billionaires
Updated On : 24 Oct 2024 | 10:17 AM IST

Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained

With rising living costs and a housing crunch, is Dubai still the best option, or should you be thinking about other cities like Abu Dhabi or Sharjah

Dubai vs Sharjah and Abu Dhabi: Rent, living costs, pros & cons explained
Updated On : 21 Oct 2024 | 10:34 AM IST

Dubai's growing expat population putting strain on its infrastructure

The growth has stoked the economy, and that's helped propel Dubai's benchmark index into the ranks of the best global performers this year

Dubai's growing expat population putting strain on its infrastructure
Updated On : 13 Oct 2024 | 11:15 PM IST

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE

Exit taxes are rarely big revenue raisers, especially as they often take the form of a levy on future capital gains if and when assets are sold

UK govt mulling exit tax for millionaires moving to 'tax-paradise' UAE
Updated On : 11 Oct 2024 | 2:35 PM IST