Shares of Vikas Lifecare hit a record high, soaring 18.20% to Rs 7.92, and reaching a new 52-week pinnacle, propelling the company’s market capitalization beyond Rs 1,200 crore. The surge followed the company’s announcement of a strategic move into the Dubai market, acquiring a significant stake in the prestigious ‘SKY 2.0 Club’. The acquisition, valued at $79 million, has marked Vikas Lifecare’s bold entry into the entertainment and hospitality sector in Dubai, reflecting its aggressive diversification strategy. The Dubai Expansion: Vikas Lifecare’s Sky 2.0 Club Acquisition In a move that underscores Vikas Lifecare’s commitment to strategic expansion, the company revealed…
Author: StalkDubai
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Dubai Roads: Spending hours in traffic has become a daily ordeal for many UAE residents, with an estimated loss of one day each month due to road congestion. While no formal study supports this claim, motorists argue that the time spent stuck in traffic could have been better utilized with family and friends. In response to these concerns, the UAE government is considering a proposal for a new federal highway that aims to alleviate Dubai roads traffic woes and enhance connectivity between the seven emirates. Traffic Woes Hit Emiratis and Expats Alike Daily commutes for UAE residents have turned into…
In a groundbreaking move, Saudi Arabia is set to open its first Alcohol Store in Saudi Arabia in the capital city of Riyadh, catering exclusively to non-Muslim diplomats. The initiative is a significant step in the kingdom’s ambitious efforts, led by Crown Prince Mohammed bin Salman, to transform the ultra-conservative Muslim nation into a more tourism and business-friendly destination, aligning with the broader goals outlined in Vision 2030 for a diversified, post-oil economy. Store Details and Regulations: Customers interested in purchasing alcohol from the Alcohol Store in Saudi Arabia must register through a designated mobile app. Additionally, they are required…
Ian MacKeller, a 75-year-old British grandfather, is currently in a legal predicament in Dubai, facing potential jail time on accusations of trespass. The incident unfolded during his visit to the UAE over the festive period, where he intended to spend time with his daughter, who had recently relocated to the country, and babysit her young child. New Year’s Eve Turned Bad The trouble began on New Year’s Eve when his daughter’s neighbours threw a lively party. Knowing that his daughter would be working in the early hours, the family requested the host to be considerate of the noise. Despite a…
In the heart of Dubai’s glittering landscape, Mohamed Beiraghdary, popularly known as Mo Vlogs, has carved a niche for himself as a leading YouTuber and vlogger. Renowned for showcasing the opulent lifestyle of the city, Mo’s content provides a daily window into luxury cars, high-end shopping sprees, and extravagant travels. Mo Vlogs: From Viewer to Content Creator Mo Vlogs’s journey into content creation wasn’t a sudden leap; it evolved from hours spent watching YouTubers during the early years of his online presence. Driven by the enjoyment of the interactive nature of videos, Mo decided to create his own content. Dressed…