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Month: April 2021

Posted on 28/04/2021

Abu Dhabi’s residential capital values up; rents stable

Abu Dhabi’s residential capital values grew steadily for the first three months, registering a quarterly growth in the range of 1.8 to 5.6 per cent, according to leading Dubai-based local consulting …

Posted on 28/04/2021

Watch: Heavy rain in Ras Al Khaimah, Fujairah, dusty skies, strong winds in Abu Dhabi, Dubai and Sharjah, warning due to rough seas issued in the UAE

UAE: Heavy rains were reported in parts of the UAE including Ras Al khaimah, Fujairah, Abu Dhabi, Sharjah and Ajman on Wednesday afternoon. Videos of the showers circulated on social media. According …

Posted on 28/04/2021

Oman and Abu Dhabi State-Owned Companies to Issue Debut Bonds

Omani state energy company OQ SAOC and Abu Dhabi Ports Co. PJSC are set to issue bonds in their first foray into the international fixed-income market. OQ is looking to raise at least $500 million as …

Posted on 28/04/2021

Abu Dhabi University Boosts Data Science And Python Programing Language Through A Free Course Offered To The Community

In collaboration with International Business Machines Corporation (IBM), the leading cloud platform and cognitive solutions company, Abu Dhabi Universit …

Posted on 28/04/2021

UAE heavy rains, hail: Residents told to stay away from flash flood areas

Heavy rains with hail have been reported in several parts of the UAE. The National Centre of Meteorology (NCM) said ice and heavy rains fell in Fujairah’s Al Halah. UAE cloud seed …

Posted on 28/04/2021

Man kidnaps girlfriend in Dubai, case suspended

Dubai: The Dubai Court of First Instance ordered the suspension of the case of a man who fell in love with his countrywoman and ordered his friends to kidnap her and bring her to him. The defendant, …

Posted on 28/04/2021

Three UAE expats win Dh333,333 each from weekly Mahzooz draw in Dubai

Afsal, who hails from Kerala, India, Khandrix from the Philippines and Mohammed from Egypt all matched five out of the six winning numbers during the live draw held on April 24. Afsal The trio split …

Posted on 28/04/2021

Dubai: 6-month jail term, Dh5,000 fine for creator of viral TikTok ‘shooting’ video

A waiter who added gunshot sound effects to a TikTok video that went viral has been sentenced to six months in prison and a fine of Dh5,000 for publishing a clip that threatens public order. According …

Posted on 28/04/2021

Dubai’s ready villa/townhouse sales hits new high in Q1

The pandemic brought forth a lot of new trends into the real estate sector, not only in Dubai but across the world. One of the most significant trends was a clear increase in demand for …

Posted on 28/04/2021

Eid Al Fitr 2021: Dubai to step up inspections of eateries, public kitchens

Dubai Municipality will intensify inspection campaigns in the period leading up to Eid al-Fitr. The authority intends to target food establishments, especially confectionery shops, roasteries, …

Posted on 28/04/2021

Aafaq Islamic Finance Publishes The Specialized Quarterly “Aafaq” Magazine

Aafaq Islamic Finance, the leading institution in the financial sector that provides financial products and services in compliance with the provisions o …
( read original story …)


Posted on 28/04/2021

Watch: Indian expat family Bhatias makes history, completes 100 years in Dubai

But away from the spotlight, one Dubai-based Indian family is silently marking a milestone on completing a momentous 100 years in the UAE. As family members of Uttamchand Tulsidas Bhatia, deemed the …
( read original story …)


Posted on 28/04/2021

History of banking in the UAE

For anyone considering banking in the UAE, here’s all you need to know about them. Here you can find out how the industry came into existence decades earlier and it has been constantly evolving to …
( read original story …)


Posted on 28/04/2021

Dubai Islamic Bank 1st Quarter 2021 Group Financial Results

Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, today announced its results for the …
( read original story …)


Posted on 28/04/2021

At Dh853m for Q1-2021, Dubai Islamic Bank’s net profit is definitely in recovery mode

Dubai: Dubai Islamic Bank will take a lot of strength from its first quarter 2021 numbers, with net profit up a whopping 2,337 per cent compared to what it was in the final three months of 2020.
( read original story …)


Posted on 28/04/2021

Review: Oporto – the Aussie favourite opens in Dubai Festival City Mall

Find out why Australians in Dubai are in a flap over these chicken burgers… If you’re an Australian living in Dubai, chances are you’ve had the chicken salt conversation recently. Rumours of this …
( read original story …)


Posted on 28/04/2021

UAE: 2 outlets closed down for violating Covid-19 rules

Dubai Municipality has closed down two outlets and issued warning to 27 others for not adhering to Covid-19 safety measures in its latest inspection drive. In total, it inspected 2,384 establishments …
( read original story …)


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