Dubai’s stock market ended higher on Tuesday, led by gains for Emirates NBD Bank ENBD.DU after the emirate’s biggest lender received regulatory approval to increase its foreign ownership limit. The …
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Dusty weather in Dubai, Sharjah reduces visibility
Dusty weather drastically reduced visibility in parts of Dubai and Sharjah on Tuesday afternoon. The dust storm, which was seen in Sharjah’s Al Nahda area, and Dubai’s Mirdif and Al Quoz among other …
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Sharjah Police recover body of drowned teenager in Kalba
The body of a young boy who went missing at sea has been found by Sharjah Police after a 10 hour search operation. The Emirati, 17, disappeared on Sunday evening while swimming at the beach in Kalba, …
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Poor visibility affects motorists, residents as dust storm engulfs Sharjah
Sharjah residents experienced a dust storm with partly cloudy skies on Tuesday afternoon. Traffic crawled on many roads of the city, as people stayed indoors due to the unstable weather. Residents …
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UAE weather: Harsh winds, dusty skies and chance of rainfall in Dubai, Sharjah, Al Ain
Jebel Ali and Sharjah residents are also experiencing unstable conditions. Such conditions are expected to last till sunset, returning on Wednesday at around 12pm till the evening. Due to the …
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Dubai-Headquartered Emaar Eliminates Job Titles For All Personnel, Including Founder Mohamed Alabbar
In an email sent to staff, this move toward holacracy within the organization, while precipitated by the ongoing COVID-19 crisis, is being done to reiterate the company’s “focus on talent, not titles.
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MIDEAST STOCKS-Dubai shares rise on Emirates NBD boost; other markets mixed
The Dubai stock market rose sharply on Tuesday, buoyed by gains in its top bank Emirates NBD’s ENBD.DU shares after receiving regulatory nod to increase foreig …
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Sharjah Shopping Promotions 2020 launches tomorrow
Shoppers are in for a treat as tomorrow will mark the launch of the “Sharjah Shopping Promotions 2020”, the largest of its kind shopping campaign across the emirate. The month-long event is organized …
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Here’s why you need to visit the Depachika food hall at Nakheel Mall
What’s inside Depachika, Dubai’s luxury food hall? Food courts used to be synonymous with the greasy, cheap fast-food chains you’d binge on while shopping at your local mall. But today, food halls are …
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APICORP provides $50mln credit facility to SirajPower for solar energy projects in ME
DAMMAM — The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, Monday announced a $50 million credit facility for SirajPower, the UAE’s leading …
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APICORP provides $50mln financing to UAE’s SirajPower
The Arab Petroleum Investments Corporation (APICORP), a Saudi headquartered multilateral development bank has provided a $50 million credit facility to UAE’s SirajPower. The facility will help the …
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OPPO Consolidates Leading Position in Flash Charge with Launch of Breakthrough Wired and Wireless High-Power Charging Technologies for the 5G Network
OPPO, the smartphone market leader driving a new era of charging technology, today announced a new flash charge line-up of four …
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Sharjah Excellence Award combines 2020 and 2021 seasons
Since its inception, the Sharjah Excellence Award has seen many changes that took into account the private sector’s visions, proposals and approaches. This indeed demonstrate …
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Tapping Into Opportunity: How Businesses In Dubai Are Accessing New Markets And Verticals Through COVID-19
When the COVID-19 pandemic disrupted the global trade landscape, Dubai Chamber and its 245,000 members have had to adapt to a new reality that requires them to explore those new opportunities in a …
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Property in UAE: House prices to drop more due to excess supply, reports Moody’s
Conservative financial policies and strong liquidity will remain a credit strength for the UAE real estate companies while their operating environment continue to deteriorate as the economy slows on …
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Arab Petroleum Investments Corporation provides USD 50m credit facility to SirajPower for solar energy projects in the Middle East
The transaction represents the largest lease-funding platform for distributed solar energy in the Gulf Cooperation Council (GCC) …
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UAE spacecraft blasts off from Japan in Arab world’s 1st Mars mission
Hope’s arrival in February 2021 is set to coincide with the 50th anniversary of the UAE’s formation. Around 200 days from now, the spacecraft will reach the Mars orbit and begin its mission to study t …
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