In what is widely seen as a move that will further enhance Dubai’s appeal to investors, visitors and potential residents alike, the emirate’s ruler launched Dubai 2040 Urban Master Plan, a roadmap for …
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Aldar Offers to Buy Stake in Egypt’s Sodic; Shares Climb
The offer values the Egyptian property developer, known as Sodic, at about $420 million. Aldar is seeking a minimum 51% stake in Sodic, with an indicative purchase price of 18-19 Egyptian pounds per …
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UAE- Ministry of Industry and Advanced Technology explores ways to boost defence sector
(MENAFN – Khaleej Times) The UAE’s Ministry of Industry and Advanced Technology (MoIAT) hosted the fifth session of its ‘Future of Industry Dialogue’ series. Convening relevant local entities …
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Dubai 2040 Plan will ‘strengthen allure’ of the emirate, says leading economist
People-centric plan charts a comprehensive future map for sustainable urban development in the city The Dubai 2040 Urban Master Plan will cement the emirate’s place as the preferred destination in the …
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UAE Sheikh Claims Ownership of Oil Cargo U.S. Says Is From Iran
The U.S. attempt to prevent Iran exporting oil suffered a blow after a United Arab Emirates sheikh claimed ownership of a cargo that Washington seized and alleged is from the Islamic Republic.A …
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Aafaq Islamic Finance Continues to Support SME’s via Facilities Provided by the “Osool” Program
Aafaq Islamic Finance, a leading company in the Islamic finance sector for individuals and companies affirms its continuous support for local initiative …
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UAE- Bitcoin passes $60,000 for first time
Bitcoin briefly rose above $60,000 for the first time on Saturday, as increasing backing from corporate heavyweights helps the world’s most popular virtual currency continue its record-breaking run.
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Wizz Air Abu Dhabi launches new routes to Almaty and Nur-Sultan, Kazakhstan
With the launch of Almaty and Nur-Sultan, Wizz Air Abu Dhabi adds a further two routes to the already on sale thirteen routes Abu Dhabi, UAE: Wizz Air Abu Dhabi, the newest national airline of the UAE …
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UAE Covid cases dip below 2,000 for first time in over 2 months
Covid-19 cases in the UAE have dipped below 2,000 for the first time in more than two months. The country’s Ministry of Health and Prevention reported 1,992 new cases on M …
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Dubai: Multiple vehicles crash; traffic jams reported
A multi-vehicle crash occurred on the Umm Suqeim road on Sunday morning. The Dubai Police tweeted that the crash has resulted in major traffic jams from the Sheikh Zayed Road towards Al Khail Road.
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Besix deploys Schindler’s robotics for Dubai tower lift installation
The 340-m tall Uptown Tower will be the first building within the Uptown Dubai district to get completed next year. Luis Miguel Monteiro, Project Director at Six Construct of the Dubai Uptown Tower, …
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Dubai 2040 Urban Master Plan will strengthen Dubai’s resilience to global challenges: Al Tayer
Mattar Al Tayer, Chairman of the Dubai 2040 Urban Master Plan Higher Committee, expressed his gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the …
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Dubai Conducts Trial to Assess Breath Test to Detect Coronavirus
Dubai is conducting a clinical trial to assess the accuracy of a breath test to detect the coronavirus within one minute.
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Expo 2020 Dubai: World Green Energy Summit to be held at on Oct 6-7
Dubai Electricity and Water Authority (Dewa) and the World Green Economy Organisation (WGEO) will organise the summit. . @DEWAOfficial and WGEO organise the 7th World Green Energy Summit from 6-7 …
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How the UAE is leading the way in the deployment of 5G
With 5G already rolled out across most of the emirates, the UAE is leading the way in the deployment of the fifth-generation telecom technology, which heavily impacts industries that rely on real-time …
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Photos: UAE Covid field hospital opens in Ajman
A new Covid field hospital was opened in Ajman on Sunday. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of the Ajman Executive Council, announced the opening of the hospital on …
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How Dubai-based BXB is connecting great business minds to great investments
At that time I had left my corporate career in financial services, and once in Dubai I was keen to explore investment and business acquisition opportunities. I soon realised that there was no easy way …
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