More than 360 business licences have been issued to Chinese investors in Dubai during the first six months of this year.
That's according to the Department of Economic Development (DED), which says more than half of them were issued for commercial activities.
Professional activities were the second most popular category followed by industrial licences.
The total number of Chinese investors in Dubai during the first half of this year was just under 700.
UAE, Uzbekistan sign digital infrastructure deal
The Ministry of Investment of the UAE and the Ministry of Digital Technologies of the Republic of Uzbekistan have signed an investment memorandum, establishing a framework for investment cooperation in digital infrastructure with a focus on data centre and artificial intelligence projects in Uzbekistan.
TECOM Group profit increases 15% on record high occupancy levels
Dubai's TECOM Group has announced a 15 per cent year-on year (YoY) growth in net profit to AED 293 million for the three month period ended March 31, 2024.
Sony and Apollo submit $26 billion Paramount offer, WSJ reports
Sony Pictures Entertainment (SPE) and Apollo Global Management APO.N have made a $26 billion cash offer for Paramount Global, the Wall Street Journal reported.
UAE, Iran expand cooperation in additional sectors
The UAE and Iran have explored ways to expand economic cooperation in sectors such as tourism, transport, entrepreneurship and renewable energy.
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
The boys tried their 'pick up' lines on Mais Vault and things did not go according to plan...
Not in the car so much while Kris, Priti and Rossi are on air? Check out the daily podcast here...
Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...
