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Month: January 2021

Posted on 19/01/2021

Al Mal Capital’s REIT officially lists on Dubai stock exchange

Al Mal Capital ’s real estate investment trust (REIT) has officially listed on the Dubai Financial Market (DFM), following the successful initial public offering (IPO) last year. The listing is …
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Posted on 19/01/2021

UAE becomes world’s first country to produce aluminium using solar power

The UAE has become the world’s first country to produce aluminium using solar power. Under an agreement struck between the Dubai Electricity and Water Authority (DEWA) and Emirates Global Aluminium …
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Posted on 19/01/2021

Abu Dhabi and Dubai Phone Operators Plan Higher Foreign Ownership

Etisalat and Du, the two main phone operators in the United Arab Emirates, may raise foreign ownership in their shares, joining companies listed in Abu Dhabi and Dubai seeking to attract more overseas …
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Posted on 19/01/2021

Dubai’s residential sales market not bottoming out yet: JLL

Dubai’s residential property sales prices have not reached the bottom yet, with declines likely to continue beyond 2021, according to real estate services firm JLL. The property market was subdued for …
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Posted on 19/01/2021

Dubai to add 39,000 home units in 2021

Sales prices and rents to remain under downward pressure with apartment districts expected to face further headwinds …
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Posted on 19/01/2021

Jerusalem, Dubai, Barcelona look to travel tech to save tourism industry

Group of cities, which also includes Johannesburg, Lisbon and Paris, launches international forum aimed at reviving global tourism sector.
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Posted on 19/01/2021

Pakistan Kashmir committee chairperson Shehryar Afridi never met Kashmiris on his Dubai trip

Pakistan Consulate in Dubai didn’t comment on why the Kashmir issue was missing in the consulate’s press statement …
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Posted on 19/01/2021

Dubai solar park says it has started powering aluminium production

The 1GW Mohammed bin Rashid Al Maktoum Solar Park in the United Arab Emirates has reportedly begun powering the production of aluminium, a world first.
( read original story …)


Posted on 19/01/2021

In Gulf’s Tug-of-War Over Multinationals, UAE Looks to Keep Edge

The United Arab Emirates can stand its ground against Saudi Arabia’s effort to redraw the Gulf’s corporate map by enticing multinationals to move their headquarters to Riyadh, according to Abu Dhabi’s …
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Posted on 19/01/2021

Reality stars hit where it hurts after flaunting their ‘work trips’ to Dubai as thousands unfollow

Stars from the UK reailty TV show Love Island have been losing fans in droves after flaunting their “work trips” to Dubai – despite the current COVID-19 crisis in Britain.
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Posted on 19/01/2021

SpiceJet ramps up UAE activity as competition in Gulf’s low-cost market heats up

Indian LCC expands network and increases frequencies in UAE as Wizz Air Abu Dhabi launches and Air Arabia resumes Qatar flights …
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Posted on 19/01/2021

Love Island stars ‘lose THOUSANDS of fans after flaunting their lavish Dubai work trips’

Dozens of reality TV personalities have fled the UK’s third lockdown to soak up the sun in the UAE, sharing regular updates from their lavish ‘work trips’ to social media.
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Posted on 19/01/2021

UAE is gaining global attention; national media to convey our fascinating story to the world: Sheikh Mansour

Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, has stated that the UAE has become a global media magnet thanks to the strategic, landmark projects and …
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Posted on 19/01/2021

Celtic’s Lennon condemns criticism over Dubai trip as ‘absolutely scandalous’

Celtic manager Neil Lennon hit back at pundits and government officials on Monday, accusing them of hypocrisy after his team was criticised for a trip to Dubai which led to two players testing …
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Posted on 19/01/2021

Dubai government scores 92% in Covid response

Sheikh Hamdan directed government entities to develop its services so that Dubai can become the happiest city.
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Posted on 19/01/2021

Love Island stars are being hit where it hurts after flaunting their ‘work trips’ to Dubai as thousands unfollow

LOVE Island stars have lost fans in droves after flaunting their “work trips” to Dubai.  They include Laura Anderson, 31, Anton Danyluk, 25, and 27-year-old Kaz Crossley.  Between them, …
( read original story …)


Posted on 18/01/2021

MIDEAST STOCKS-Abu Dhabi market leads broader gains

Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more than nine months, led by United Arab Emirates’ top lender, First Abu Dhabi Bank. By Aby Jose …
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