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Business from Tuesday, September 19th, 2023
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Flydubai marks busiest summer with over 4 million passengers
Flydubai reported a strong summer this year, carrying more than four million passengers between June and mid-September, an increase of 30 per cent compared to the same period in 2022.
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Dubai Business Forum to explore future of global economy
Dubai is gearing up to welcome heads of state, business leaders and global investors to shape the future of business at the inaugural edition of the Dubai Business Forum.
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DHA to launch 'Elite' programme for job-seeking citizens
Dubai Health Authority (DHA) will soon launch the Elite Programme to attract citizens to take up jobs in the health sector.
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Chinese fintech giant dumps crypto for AI in $100 million move
Ant Group, a Chinese fintech conglomerate, has reportedly made the strategic decision to divest its $100 million stake in A&T Capital, signalling a significant withdrawal from the cryptocurrency market.
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Elon Musk says X users will soon have to pay 'small' monthly fee
Elon Musk has announced plans to introduce a subscription model for users of social media platform X, formerly known as Twitter, in a bid to tackle "vast armies of bots".
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IMF, World Bank to proceed with annual meetings in Morocco
The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed in October in Marrakech, despite a recent nearby earthquake left more than 2,900 people dead.
Coming Up on Dubai Eye
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The Business Breakfast6:00am - 10:00am
The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.
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The Agenda10:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
BUSINESS BREAKFAST LATEST
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Is there a summer slowdown in the UAE property market?John Lyons of Espace Real Estate says there is a slight slowdown in the property market during summer. So we asked him, does this mean prices are negotiable during the summer months?
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UAE's new prosecution offices to deal with financial crimeLawyer Rebecca Kelly of Clyde & Co. explained why UAE judicial authorities are setting up new offices to deal with financial crime, including money laundering.
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AiraloAiralo - an eSim company disrupting telco's roaming revenues, has raised $60 million in funding including investment from our own e&.
On Dubai Eye
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Flying TaxisIt sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.
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Tough penalties for deliberate tax evasionThe UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.
