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Month: February 2021

Posted on 24/02/2021

Dubai Aerospace leases 7 Airbus A321neo aircraft to Indian carrier IndiGo

Dubai Aerospace Enterprise (DAE) said on Tuesday that it had signed a long-term agreement to lease 7 Airbus A321neo aircraft to IndiGo, India’s largest passenger airline. All 7 aircraft will be …
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Posted on 24/02/2021

UAE weather: Drop in temperatures, light rainfall expected in coastal parts of Abu Dhabi, Dubai, Sharjah and Ajman

Dubai: UAE residents can expect a slight drop in temperatures today accompanied by light rainfall, especially if you live near the beach. According to the NCM, today’s skies are looking partly cloudy …
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Posted on 24/02/2021

Onward And Upward: StarzPlay Secures US$25 Million Investment From Ruya Partners To Support Its Growth Ambitions

Investors found that being homegrown is one of StarzPlay’s main advantages over the stiff competition in the region’s SVOD space.
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Posted on 24/02/2021

Central Banks Of China, UAE Join CBDC Cross-Border Initiative

The People’s Bank of China and the Central Bank of the United Arab Emirates … Business use cases will also be explored. Now that the UAE and China have joined the project, the project will “further …
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Posted on 24/02/2021

Middle East Open Banking outfit Tarabut Gateway raises $13m

Middle Eastern Open Banking platform Tarabut Gateway has raised $13 million in what it claims is the largest fintech seed round in Mena history.
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Posted on 24/02/2021

UAE set to add 10,000 new millionaires every year till 2025

The UAE is set to add 10,000 new millionaires on average every year in five years, increasing by nearly 22 per cent between 2020 to 2025, according to a new report released on Tuesday.Knight Frank’s …
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Posted on 24/02/2021

Dubai has second highest number of prime properties in world

According to Knight Frank, London has 68,189 prime homes followed by Dubai at 42,356 units, Sydney (27,436), Hong Kong (21,285) and Singapore (10,416).
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Posted on 24/02/2021

Saab inks deal with Tawazun to bolster sensor technology research in UAE

Saab will also participate in the educational program Sustain and Enhance Emiratization in Defence and Security, or SEEDS, as part of agreements it signed at IDEX.
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Posted on 24/02/2021

COVID: BACK TO SCHOOL IN ABU DHABI

It’s back to school for kids in Abu Dhabi pandemic style and CNN’s Becky Anderson shows how the school made changes to keep kids and staff safe …
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Posted on 24/02/2021

UAE firm presents country’s first domestic air defence missile system

UAE weapons company Halcon on Tuesday presented the country’s first air defense missile system SkyKnight, the company said. “HALCON, a regional leader in the production and supply of precision-guided …
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Posted on 24/02/2021

Hollywood action star Steven Seagal unveils UAE-made electric armoured vehicle

Steven Seagal added glitz to Idex 2021 in Abu Dhabi on Tuesday. The American actor and martial artist unveiled the Storm, the first fully electric tracked vehicle manufactured in the UAE.Seagal is the …
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Posted on 24/02/2021

Sepp Kuss helps teammate at UAE Tour in his season’s first mountaintop finale

Sepp Kuss (Jumbo-Visma) looked to be back at his mountain-climbing best in his first summit finale of 2021 until he seemed to pop a gasket late in Tuesday’s third stage at the UAE Tour. The American …
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Posted on 24/02/2021

Expo 2020 Dubai: Falcon Aviation Services, Leonardo to start building rotorcraft terminal

Falcon Aviation Services and the Italian-headquartered company Leonardo have announced during the International Defence Exhibition (IDEX), that they have started building the new rotorcraft terminal …
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Posted on 24/02/2021

Dubai doctor beats Covid in just 6 days, thanks to vaccine

A 26-year-old doctor in Dubai had what could be the “quickest” recovery from the virus. After testing positive on February 13, it took her only six days to get two negative test results and, within a …
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Posted on 24/02/2021

China and UAE central banks explore CBDC for cross-border payments

The central banks of China and the United Arab Emirates are joining their counterparts in Thailand and Hong Kong on a CBDC project investigating cross-border foreign currency payments.
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Posted on 24/02/2021

Wyndham Launches La Quinta Brand in the Middle East with New Hotel in Historic Area of Dubai

Wyndham Hotels & Resorts, the world’s largest hotel franchising company by number of properties with over 8,900 hotels across nearly …
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Posted on 24/02/2021

Next UAE 50 years will be as ambitious as Mars plan: VP

The government retreat to plan the next 50 years, chaired by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed Bin …
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