As part of its ongoing effort to sustain Abu Dhabi’s unique maritime environment, whilst developing world-leading maritime infrastructure, Abu Dhabi Ports today announced the launch of a major coral …
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Sharjah realty deals surge 5.1% to Dh15.9 billion in 2020
A reduction of fees on the sale value from four per cent to two per cent for non-GCC purchasers has led to a significant increase of 32.5 per cent in the number of the sales sealed last year by non-GC …
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Emirates Islamic launches new Business Banking centres
Emirates Islamic has expanded its Business Banking centre network to support small and medium enterprises (SMEs) by launching two new facilities in the heart of Dubai, on Sheikh Zayed Road and in Al …
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Dubai’s tourism boss defended not locking down despite a spike in virus cases after the city became a hotspot for influencers
Helal Saeed Al Marri told CNN that Dubai’s thinks “we should work through this pandemic” with few restrictions.
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‘Dubai’s Cashless Working Group’, Hosts A Virtual Roundtable, Bringing Together Government and Private-Sector Partners
Smart Dubai has hosted a roundtable for the Cashless Dubai Working Group along with stakeholders from the government and private sectors on February 8th …
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Asia Distillates-Gasoil refining profits surge to over 6-month high
Asian refining margins for 10 ppm gasoil rose to their highest level in over six months on Monday, supported by a steady demand in India and China, while upcoming spring turnarounds at regional …
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UAE’s Masdar eyes further growth in US clean energy market after EDF deal
Masdar achieves first closing on the acquisition of 50% of a 1.6GW clean-energy portfolio of projects in the United States …
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Abu Dhabi property: Strong supply to keep rentals, prices under pressure
Supply of new residential property units in Abu Dhabi is expected to see a big spike in Abu Dhabi this year, keeping prices and rentals also under pressure though a few established residential …
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UAE Covid vaccine: 99,781 residents vaccinated in 24 hours
The UAE has vaccinated 99,781 residents against Covid-19 in the last 24 hours.The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stands at 4.41 million. This …
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UAE’s ‘Hope’ probe to be first in trio of Mars missions
If succesful, the wealthy Gulf state will become the fifth nation to ever reach Mars with the China mission due to become the sixth the following day …
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Neil deGrasse Tyson: UAE Hope Probe to help find life on Mars
By analyzing the planet’s atmosphere, the Emirates Mars Mission will tell if the planet can support water, and thus life, says Tyson …
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Dubai ready for any COVID-19 emergency with crisis plan
Safety rules have been tightened in the emirate following a recent spike in cases, says top official in exclusive interview …
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Former Dubai banker fined $165,000 for anti-money laundering breaches
A former staff of a Dubai bank has been fined $165,000 for violations of the anti-money laundering law (AML). The Dubai Financial Services Authority (DFSA) said on Monday that the employee, who was a …
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Dubai launches at-home COVID-19 vaccinations for senior citizens
Dubai is rolling out a home vaccination campaign for senior citizens in light of the latest spike in COVID-19 cases, the Dubai Media Office announced …
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UAE solar energy firm SirajPower eyes $200m financing deal for expansion
SirajPower, the UAE-based solar energy provider, has announced plans to raise $200 million in a bid to expand its footprint in the Gulf region. With more than 180 facilities in the UAE, the company, …
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Dubai’s DFSA fines former DIFC employee for flouting anti-money laundering rules
The authority has also restricted him from performing any function in connection with the provision of financial services in or from the DIFC.
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Abu Dhabi hotel performance ‘on par’ with Dubai says report
UAE capital city Abu Dhabi reported hotel occupancy rates ‘on par’ with Dubai by the end of 2020, according to a report from Cavendish Maxwell. Citing data from STR Global, the UAE Property Market …
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