Author: Mahdeehassan
The US administration’s April 2 tariff measures, which include a 10% baseline tariff on imports with higher rates applied to specific countries, have contributed to a weakening of the US Dollar against several major currencies. This shift presents both challenges and opportunities for individuals and businesses across the UAE. The depreciation of the US Dollar against currencies like the Euro, Japanese Yen, and Chinese Yuan may pose challenges for UAE residents sending remittances to countries with strengthening currencies. Conversely, the Indian Rupee (INR) has declined against the US Dollar following the recent tariff announcements. In early morning trade on April…
Dubai, UAE – Dubai Chambers recently organised a series of four legal workshops aimed at supporting companies in ensuring their compliance with laws and regulations governing the business environment. The four virtual workshops attracted the participation of 255 representatives from the private sector and covered several topics including bounced cheques, corporate tax, and debt recovery, as well as the legal, tax and operational aspects of business establishment and expansion in Dubai. The first workshop was organised in collaboration with Clout Consultancy and addressed legislation and best practices surrounding bounced cheques. The session covered the legal implications of cheque returns, strategies for…
Dubai, UAE, 3rd April, 2025: Dubai’s real estate market has continued its buoyant start to 2025, recording total sales worth AED 142.7 billion in Q1, the second highest quarterly figure on record. This represented a 30.3% year-on-year leap in value, while the 45,485 overall sales transactions also meant a 22.8% year-on-year increase. A market update issued today by fäm Properties revealed that the Q1 results were only fractionally down on the all-time quarterly sales record of AED 147.2 billion from 50,218 transactions in Q4 2024. The first quarter of 2025 saw significant year-on-year increases in all real estate sectors, led by…
TVS Motor Company (TVSM) – a leading global automaker that operates in the two and three-wheeler segments – today announced that it has registered its highest ever vehicle sales in FY 2024-25. Vehicle sales increased from 4.19 million units in financial year 2023-24 to 4.74 million units in 2024-25 – a growth of 13%. Exports from India registered a growth of 18% increasing from 1.13 million units to 1.195 million during the year. March 2025 performance: In the month of March, the Company registered a growth of 17% with total vehicles sales increasing from 354,592 units in March 2024 to…
Monaco, April, 2025 — Global biotech company Dexlevo successfully wrapped up a three-day Aesthetic & Anti-Aging Medicine World Congress (AMWC) 2025 in Monaco, drawing significant international attention with its showcase of GOURI, the world’s first liquid polycaprolactone (PCL) injectable. During the AMWC, Dexlevo held three symposiums from March 27 to 29, which brought together renowned medical professionals from around the world to explore the clinical innovations and efficacy of GOURI, a next-generation collagen biostimulator that is redefining the aesthetic medicine landscape. The first symposium opened with a keynote presentation by Dr. Akaluck Thammasunthorn from Thailand, titled “The Possibilities of Liquid…
Oxford Business Group and Princess Nourah bint Abdulrahman University release report on women’s empowerment and academic excellence in Saudi Arabia Riyadh, March 2025: A new report examining Princess Nourah bint Abdulrahman University’s (PNU) role in advancing women’s empowerment and academic excellence in Saudi Arabia has been released. Produced by Oxford Business Group (OBG) in partnership with PNU, the report, PNU: Empowering Women to Shape the Future of Saudi Arabia, comes as the Kingdom continues its drive to enhance female participation in the workforce and align higher education with Vision 2030 objectives. The publication provides in-depth analysis of how PNU is…
Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 86% complete. Located in one of Dubai’s most sought-after residential areas, the development is scheduled to be delivered in Q3 2025 and will feature studio, one-, and two-bedroom apartments. Progress continues steadily, with overall finishes at 85%. Structural work, blockwork, and internal plaster have all been finalized, while tiling has reached 96%. HVAC and MEP installations stand at 95% and 87%, respectively. Progress on external works, the swimming pool, elevators, and façade has reached 47%, 79%, 90%,…
Ras Al Khaimah, UAE,March 2025: OMODA & JAECOO, the global automotive brand redefining intelligent mobility, marked the end of Ramadan with a major milestone in the UAE—handing 60 vehicles to Galadari Rent A Car during a high-profile ceremony held at the OMODA & JAECOO showroom in Ras Al Khaimah. The event, which also included the direct delivery of vehicles to select customers, underscored the growing popularity of OMODA & JAECOO’s intelligent, high-performance models across the Emirates—particularly during a season when families and travelers are on the move. This strategic handover aligns with OMODA & JAECOO’s vision to expand access to its…
Dubai, UAE, March, 2025 – Yango Tech Retail, one of the leading providers of e-commerce technology solutions and part of the Yango Tech B2B solutions ecosystem, has introduced AInventory — an AI-powered shelf monitoring system that creates a digital twin of grocery stores. It is designed to address industry challenges in the MENA retail market. With a focus on boosting accuracy, optimizing demand forecasting, and streamlining operations, it integrates real-time insights, redefining inventory management for retailers. AInventory enhances store management by leveraging AI-driven retail intelligence, combining digital twin technology, shelf monitoring, and advanced analytics to optimize operations. The system automates routine…
Warner Bros. Discovery is taking a minority stake in Dubai-based OSN Streaming Ltd. in a bid to capture a slice of the fast-growing Middle Eastern entertainment market. Warner Bros. will pay $57 million for about a third of OSN Streaming, Joe Kawkabani, chief executive officer of parent OSN Group, said in an interview. The transaction will be done in stages and is still subject to regulatory approvals, according to a joint statement. OSN provides global and local TV series and films, and the unit Warner Bros. is investing in offers streaming services. The deal will see both firms invest…