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Month: November 2020

Posted on 30/11/2020

Business education as a pillar for UAE-Israel relations

The accord itself lists no less than fifteen spheres of mutual interest, including finance, energy, and education.
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Posted on 29/11/2020

Dubai’s real estate sector continues to build momentum

The Dubai Land Department (DLD) recorded a total of 3,395 sales transactions worth Dh6.93 billion In October 2020, bringing the year-to-date total to 27,815 transactions worth Dh57.43 billion, …
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Posted on 29/11/2020

Dubai reduces fuel surcharge for electricity and water as of December

Dubai’s government has issued a decision to reduce the fuel surcharge for electricity and water. Fuel surcharge for electricity on Sunday as the emirate has increased solar energy production.
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Posted on 29/11/2020

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.” …
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Posted on 29/11/2020

Dubai cuts fuel surcharge to bring down customer power, water bills

Dubai will reduce a fuel surcharge on customer electricity and water bills from Dec. 1, citing savings made by including renewable sources in its energy mix, Dubai media office said on Sunday.
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Posted on 29/11/2020

Water, electricity to cost less in Dubai: How it impacts Dewa bills

Fuel surcharge for water will be 0.4 fils for Imperial Gallon (IG) instead of the current 0.6 fils, Dewa said in a statement on Sunday. Dubai Electricity and Water Authority (Dewa) has announced a …
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Posted on 29/11/2020

Dubai solar park Phase IV ‘to have largest energy storage capacity’

Dubai Electricity and Water Authority (Dewa) said the fourth phase of Mohammed bin Rashid Al Maktoum Solar Park will have the largest energy storage capacity in the world of 15 hours, allowing for …
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Posted on 29/11/2020

Dewa inaugurates 3rd phase of MBR solar park

During the visit, Sheikh Mohammed inaugurated the third phase of the solar park which had been built by Dewa using the IPP model in partnership with a consortium led by Abu Dhabi …
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Posted on 29/11/2020

Dubai reduces fuel surcharge for electricity and water

according to a statement on Dubai’s Media Office website. Surcharge for water will be 0.4 fils for imperial gallon instead of 0.6 fils. The savings achieved in fuel consumption, as a result of the …
( read original story …)


Posted on 29/11/2020

Saudi, UAE central banks reveal results of joint digital currency project

The project confirmed that DLT can provide central banks with the ability to reimagine both domestic and cross-border payment systems in new ways …
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Posted on 29/11/2020

UAE cabinet approves new cybersecurity council, climate change envoy

The United Arab Emirates on Sunday approved the establishment of a new national cybersecurity council, Sheikh Mohammed bin Rashid Al Maktoum, UAE Prime Minister and Vice-President and ruler of Dubai, …
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Posted on 29/11/2020

Photos: Sheikh Sultan opens Sharjah’s largest pasture

Khalifa Musabah Al Tunaiji, Chairman of Sharjah Municipalities and Agriculture Affairs Department, told Sheikh Sultan that the pasture is the largest in Sharjah. About 80 farms are being housed in the …
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Posted on 29/11/2020

Abu Dhabi Fund for Development finances US$ 70 million housing project in Albania

This grant supporting the Albanian urban reconstruction program is being provided under the direction of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and His Highness Sheikh Mohamed bin …
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Posted on 29/11/2020

Abu Dhabi Energy Services and SEHA Sign Memorandum of Understanding to Promote Energy Conservation

Abu Dhabi Energy Services (ADES), a TAQA Group subsidiary, to explore retrofitting Abu Dhabi Health Services Company’s (SEHA) facilities to reduce power and water consumption …
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Posted on 29/11/2020

UAE’s frontline heroes to attend closed-door Abu Dhabi Grand Prix

Covid-19 frontline heroes in the UAE have been invited to attend this year’s Formula-1 Etihad Airways Abu Dhabi Grand Prix 2020. The event will take place on December 11-13 at Yas Island. The race …
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Posted on 29/11/2020

Asian gang robs Dubai couple of jewellery, phones and over Dhs15,000

A gang of three Asians, were arrested and referred to criminal court, along with two other runaway accomplices, for mugging over Dhs15,000 from a couple in one of Dubai’s residential buildings. The …
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Posted on 29/11/2020

Sharjah Customs achieved 2,521 seizures of drugs in 10 months

Sharjah Customs recently seized an illegal shipment of crystal methamphetamine, weighing 123kg, being smuggled into the UAE …
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