Business from Friday, January 3rd, 2025
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Dubai welcomes 16.79 million international tourists in 11 months
Dubai welcomed 16.79 million international tourists during the first 11 months 2024 between January and November, an increase of nine per cent compared to the same period last year when the number of international tourists reached 15.37 million.
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DXB set for record-breaking start to 2025
Dubai International (DXB) is on track to welcome 4.3 million guests in the first 15 days of the year, setting the stage for its busiest January yet.
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Biden to block US Steel sale to Japanese buyer, source says
US President Joe Biden has decided to officially block Nippon Steel's proposed $14.9-billion purchase of US Steel, a person familiar with the decision said on Friday, dealing a probably fatal blow to the contentious merger plan.
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Abu Dhabi Global Market amends registration fees
Abu Dhabi Global Market (ADGM) has announced a 50 per cent reduction of company registration fees for non-financial and retail companies within its jurisdiction, including Al Maryah and Reem Islands, while increasing fees for financial and tech companies.
News
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H.H. Sheikh Mohammed announces housing projects for DubaiHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Sunday a package of housing projects that includes the construction of more than 3,000 housing units in Dubai, in support of the Sheikha Hind bint Maktoum Family Programme.
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Three UAE aid convoys arrive in Gaza StripThree UAE convoys loaded with various humanitarian aid crossed this week into the Gaza Strip through the Egyptian Rafah Border Crossing.
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RTA to develop internal roads in Al Awir 1Dubai’s Roads and Transport Authority (RTA) announced on Sunday a project to construct 16.5 km of internal roads in Al Awir 1.
