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Month: March 2021

Posted on 10/03/2021

Dubai Business Hub’s Profit Slumps as Virus Relief Weighs

Dubai International Financial Centre, the city’s tax-free business hub, posted a 74% drop in profit as coronavirus-related measures weighed on its earnings.
( read original story …)


Posted on 10/03/2021

UAE traffic: Watch out for congestion on this Dubai road

Motorists can expect to face significant delays in Dubai on Wednesday morning, especially on the Umm Suqeim Road, after Al Khail Road Bridge, heading towards Sheikh Zayed Road, according to Dubai …
( read original story …)


Posted on 10/03/2021

UAE: Large quantity of fake printer cartridges seized

The UAE authorities have seized large quantity of counterfeit printer cartridges from a warehouse complex in Ajman. During a raid conducted in cooperation with US technology firm HP, over 72,000 …
( read original story …)


Posted on 10/03/2021

UAE fights Covid: Ajman-Umm Al Quwain bus service resumes

The Ajman Public Transportation Authority (APTA) has resumed its bus services between Ajman and Umm Al Quwain from Wednesday while adhering to strict precautionary measures owing to the Covid-19 …
( read original story …)


Posted on 10/03/2021

UAE’s Hope Probe Sends Hundreds of Images of the Red Planet

Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, shared on Twitter on Tuesday, an image of the solar system’s largest volcano. “Olympus Mons… Highest peak in our solar system. Almost three times the …
( read original story …)


Posted on 10/03/2021

OurCrowd to set up a Global AI Innovation Center, UAE among leading candidates

advanced mobile technologies (5G and beyond), IoT and so on. Each area is supported by relevant policies, goals, and initiatives with a strong focus on UAE society and government rapidly adopting a …
( read original story …)


Posted on 10/03/2021

Work from the beach: Why one man is investing $175m in the Dubai dream

Lal Bhatia, Chairman of the Hilshaw Group, passionately believes in the opportunity presented by Dubai’s remote working visa …
( read original story …)


Posted on 10/03/2021

Dubai extends freeze on public service fees to accelerate recovery

Dubai extended the freeze on public service fees until early 2023 as part of efforts to support the Middle East business hub’s economy amid the pandemic. The move “seeks to strengthen Dubai’s ability …
( read original story …)


Posted on 10/03/2021

Freeze on Dubai government fees extended until early 2023

The freeze on Dubai government fees has been extended until early 2023 as per a new order issued by Dubai Crown Prince and chairman of The Executive Council of Dubai Sheikh Hamdan bin Mohammed bin …
( read original story …)


Posted on 10/03/2021

Dubai’s business recovery continues, but travel and tourism sector curbs growth

The seasonally adjusted IHS Markit Dubai Purchasing Managers’ Index (PMI) posted 50.9 in February, up slightly from 50.6 in January …
( read original story …)


Posted on 10/03/2021

Bank Muscat gives initial guidance for 5-yr dollar bonds – document

DUBAI, March 10 (Reuters) – Bank Muscat gave initial price guidance of between 5% and 5.125% for U.S. dollar-denominated five-year bonds, a document showed on Wednesday. Bank ABC, Bank Muscat …
( read original story …)


Posted on 10/03/2021

Adopt cryptocurrency, urges government summit in Dubai

Time to educate people around the world on the role of digital economy, experts say …
( read original story …)


Posted on 10/03/2021

UAE- Sharjah Police seize 460 e-scooters, bicycles

A total of 462 e-scooters, motorcycles and bicycles were seized by the Sharjah Police in the first week of March for violating safety norms. Sharjah Police Traffic and Patrols Department had launched …
( read original story …)


Posted on 10/03/2021

Abu Dhabi shuts cafeteria, restaurant after insects found in cooking area

The Abu Dhabi Agriculture and Food Safety Authority issued a decision to administratively shut down two food establishments in the emirate. The authorities closed the “Sultan’s Hut” cafeteria in the …
( read original story …)


Posted on 10/03/2021

UAE now among world’s top 10 tax havens: NGO

The UAE has entered the world’s top ten tax havens for the first time, research showed Tuesday, in a report flagging OECD nations and their dependencies for more than two-thirds of “global corporate …
( read original story …)


Posted on 10/03/2021

Girl chokes on chicken bone at UAE eatery staff cleared of charges

A Fujairah eatery’s staff member has been cleared of charges after being accused of causing a girl to choke on a chicken bone. The Fujairah Appellate Court has upheld the defendant’s acquittal based …
( read original story …)


Posted on 10/03/2021

UAE to host IAEA’s most complex nuclear crisis drill

The UAE said Tuesday it will this year host the International Atomic Energy Agency’s most complex nuclear emergency exercise, a 36-hour drill that takes place every three to five years.The exercise, …
( read original story …)


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