Tag: Business

Dubai Brings New Shared Housing Rules Into Force

Dubai enforces new shared housing rules covering permits, occupancy, subletting and safety, with repeat violations carrying fines of up to Dh1 million.

Dubai Office Market Gains Momentum as Premium Supply Tightens

Dubai office demand strengthens as limited premium supply lifts rents, commercial sales and off-plan investment across the emirate in 2026.

UAE enters final stage of summer as cooler season approaches

The UAE enters the final phase of summer as Al Kulaybin and Suhail signal a gradual seasonal transition, while hot weather is expected to continue through August.

Abu Dhabi’s Etihad Airways plans to announce IPO this week

Etihad Airways plans a $1 billion IPO, offering a 20% stake to fund expansion as Abu Dhabi strengthens its position as a global aviation and tourism hub.

Maksym Krippa and DIM Signed Made the Deal

Entrepreneur and investor Maksym Krippa has signed a partnership with DIM, a leading residential developer in Kyiv, to launch new large-scale real estate projects.

Joy Alukkas

Joy Alukkas — an entrepreneur from India who is the Chairman and Managing Director of the Joyalukkas Group. Biography 29 October 1956 — Joy Alukkas was born n Indian Thrissur.  His father founded a jewelry store, later Joy Alukkas family divided...

Sunny Varkey

Sunny Varkey is a billionaire, philanthropist, founder and executive chairman of GEMS, chairman of the Varkey Group, trustee of the Varkey Foundation. Biography 1957 — Varkey was born in Indian Kerala. His parents were Syrians who worked as educators. 1959 — Sunny...

Hussain Sajwani

Hussein Sajwani — founder and CEO of DAMAC Properties and DAMAC Group. Biography 1953 — was born in Dubai, UAE. His parents worked in retail. 1981 — graduated from the University of Washington. Hussein Sajwani’s religion is Islam. Career 1981 — Started working in Abu...

Micky Jagtiani

Micky Jagtiani was fond of contemporary art, a collector, and a big cricket fan, supporting the Indian national team.

Pavel Durov

Durov Pavel Valeryevich is a technology entrepreneur, known as the founder and CEO of Telegram. Place and date of birth — 10 October 1984, Leningrad, Soviet Union. Biography The family composition into which he was born and created — he spent much...

21 billionaires living in Dubai and 24 billionaires reside in the UAE

Dubai ranks 28th among cities with the most billionaires, hosting 21, while the UAE ranks 22nd among countries with 24 billionaires, according to the 2024 Hurun Global Rich List.

UAE-based ADNOC Drilling plans to invest over $1 billion

ADNOC Drilling plans to invest over $1 billion, expand in Oman and Kuwait, and boost offshore, onshore, and oilfield services as part of its growth strategy.

Shamsheer Vayalil Parambath

Shamsheer Vayalil Parambath is an Indian entrepreneur and radiologist. He is the founder and chairman of Burjeel Holdings, one of the leading healthcare conglomerates in the UAE and a world-class private healthcare provider in the MENA region. He is...

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