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Month: November 2020

Posted on 22/11/2020

New major oil discovery in Abu Dhabi

Unconventional oil resources of about 22b barrels and 2b barrels of conventional oil found Abu Dhabi: The UAE’s Supreme Petroleum Council on Sunday announced new discoveries of unconventional oil …
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Posted on 22/11/2020

Abu Dhabi tourism witnesses third-quarter rebound

Abu Dhabi’s tourism is on the road to recovery, with the emirate achieving the region’s highest hotel occupancy and third-highest revenue per room rates in the third quarter of 2020. Relative to Q2, …
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Posted on 22/11/2020

UAE banks’ assets surge 7.6% to Dh3.25 trillion

Total deposits of resident and non-resident customers with the banks operating in the UAE rose by 2.2 per cent quarter-on-quarter basis.
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Posted on 22/11/2020

Sand curtain has come down, says OurCrowd CEO on UAE-Israel ties

Announcing a $100 million partnership with the UAE’s Al Naboodah’s Phoenix is just the beginning, according to Israel-based OurCrowd CEO and Founder Jonathan Medved. “The sand curtain that existed …
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Posted on 22/11/2020

The best 2-in-1 laptop 2020 in the UAE, Saudi Arabia and the rest of the Middle East

The best 2-in-1 laptops bring some new features to the table that their traditional counterparts can only dream of. These extremely versatile machines offer several modes, giving users several form …
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Posted on 22/11/2020

UAE air passengers to change flying habits post-Covid, study finds

Survey claims passengers will want more Wifi, better service and boarding systems and an increasingly digitised experience …
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Posted on 22/11/2020

Sharjah Police alert people of tricks used by pickpockets and thefts from cars

Sharjah Police urge public to be wary of methods used in thefts Sharjah Police have launched an electronic awareness campaign titled ‘Caution is a duty’ with the aim of educating public about …
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Posted on 22/11/2020

Sharjah launches major crackdown on vehicles with expired registration

The Sharjah Police have launched a crackdown on trucks and light vehicles with expired registration and driving licence. It is part of the second phase of the inspection and awareness campaign being …
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Posted on 22/11/2020

Construction on Abu Dhabi’s Al Qana reaches 90% milestone

Extending an area of 2.4km, Abu Dhabi’s under construction leisure and dining waterfront destination Al Qana is set to change the capital’s landscape when it opens to the public. But right now over 3, …
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Posted on 22/11/2020

U.S. pavilion at Dubai’s Expo all sparkly but got helping hand

The U.S. showed off a literally star-studded pavilion last week for Dubai’s upcoming Expo 2020, complete with a replica SpaceX rocket body beside it.
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Posted on 22/11/2020

Kiss to host virtual NYE concert from Dubai

With concert venues dark across the globe, there’s currently only one country with the facilities to host a band the size of Kiss and that’s right here in the UAE. The group will host a virtual event …
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Posted on 22/11/2020

UAE inches closer to cashless economy target: Standard Chartered

Dubai: The Middle East region is witnessing a big leap in banking sector digitisation and sustainable finance as the UAE moves closer to becoming a cashless economy, Sunil Kaushal, CEO of Standard …
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Posted on 22/11/2020

From Roscommon to the UAE – unravelling a €5.3m forestry investment fraud

When Declan de Lacy was appointed as liquidator of a company set up to sell forests in Ireland to investors he had no idea that his efforts to recoup their funds would send him on a complex money …
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Posted on 22/11/2020

Top ten UAE banks’ profitability deteriorated in Q3 2020

Top 10 banks have provided borrowers access to Dh51.1billion at the end of the third quarter under the UAE Central Bank’s Targeted Economic Support Sceheme (TESS). We expect the economic …
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Posted on 22/11/2020

Over 620,000 students from 600 schools commit to 30 minutes of activity for 30 days for Dubai Fitness Challenge

Recognising the integral role that schools play in instilling fitness-focused habits in the country’s youth, Dubai Fitness Challenge, DFC, 2020 is ensuring that more than 620,000 students across 600 …
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Posted on 22/11/2020

Abu Dhabi Culinary Season is celebrating the city’s best hidden gems

Abu Dhabi Culinary Season is back in the city and serving up some brilliant food from the best venues in the city. The six-week festival of food has loads to offer including brilliant desserts with …
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Posted on 22/11/2020

UAE announces National Day, Commemoration Day holidays

The UAE has announced holidays for public sector workers to mark the 49th National Day and Commemoration Day, earlier known as Martyrs’ Day.According to the circular issued by the Ministry of Human …
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