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Month: June 2021

Posted on 22/06/2021

How much money can I make investing in UAE real estate? Let’s find out how to calculate profits

Know what are the different ways to calculate your returns when investing in real estate Dubai: Investors from across the globe looking to invest in real estate see the UAE as one of the most …
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Posted on 22/06/2021

Dubai Government pays out in full after $500m Fixed Rate Note matures

Dubai: The Dubai Government, acting through the Department of Finance (DoF), has paid out in full the $500 million Fixed Rate Note issued on11. All the notes have been redeemed by making the required …
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Posted on 22/06/2021

Dubai government repays $500mln bond certificates

Upon maturity, all the notes have been redeemed in full by making the required payment through the paying agent to the holders of the notes, along with accrued interest …
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Posted on 22/06/2021

Dubai says $500 million bond repayment reflects fiscal stability

Dubai repaid $500 million in bonds due on Tuesday in what the government said was a sign of fiscal stability despite the coronavirus-driven economic downturn.
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Posted on 22/06/2021

Central Bank of UAE Governor seeks continued support of banks to the UAE economy

Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures in the form of t …
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Posted on 22/06/2021

UAE Central Bank tells banks to ensure continued flow of funds to creditworthy clients

The Central Bank has projected gradual economic recover during 2021 and 2022 from the repercussions of the Covid-19 pandemic.
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Posted on 22/06/2021

How I Sorted My Visa Extension in UAE During COVID-19

Over the years, I have visited numerous countries and islands; mountain retreats, quaint villages, seaside cities. Although these places have carved me into the traveler I am today, they didn’t leave …
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Posted on 22/06/2021

Sharjah Ruler reviews archaeological treasure found in Mleiha

The newly discovered coins, being rare coins to be discovered in Mleiha area, were classified according to their features into two types.

Posted on 22/06/2021

Abu Dhabi begins offering free COVID-19 vaccines to visitors

Vaccines for Abu Dhabi visa holders; visas-on-arrival stamped at Abu Dhabi entry points Abu Dhabi: Visitors to Abu Dhabi can now be vaccinated against COVID-19, as long as they have a visa issued by …

Posted on 22/06/2021

Abu Dhabi to welcome back cruise liners in September

DCT Abu Dhabi will be announcing a series of initiatives throughout the year, including upcoming projects and events.

Posted on 22/06/2021

Hill lands Abu Dhabi infrastructure upgrade work

Hill International said it has been awarded a contract by Aldar Projects, the project delivery arm of UAE real estate developer Aldar Properties, to provide project management services for …
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Posted on 22/06/2021

What’s new at Arab Health in Dubai?

AI-powered systems, RFID gadgets, washable casts and more on display at health conference Coronavirus: Cancelled flights from Dubai to Canada due to COVID-19 lockdown, but where is the Dh14,500 refund …
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Posted on 22/06/2021

Sheikh Mohammed establishes Dubai Digital Authority

According to the new law, DDA will be Dubai’s official body responsible for all matters related to information technology, data, smart and digital transformation and information security.
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Posted on 22/06/2021

Mohammed bin Rashid issues law establishing Dubai Digital Authority

Dubai: In his capacity as Ruler of Dubai, Vice-President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued a law establishing the Dubai Digital Authority (DDA.
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Posted on 22/06/2021

Dubai extends deadline for beneficial owner data to June 30

Businesses urged to make use of extension and avoid legal consequences Dubai: The last day for all registered businesses in Dubai to add their beneficial owner data to the commercial registry has been …
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Posted on 22/06/2021

Dubai sovereign wealth fund posts $5.1 billion loss amid pandemic

Dubai’s state-owned sovereign wealth fund announced Tuesday a net loss of $5.1 billion over the past year, highlighting the toll that the coronavirus pandemic has wrought on the company’s vast assets …
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Posted on 22/06/2021

Deadline For Providing Beneficial Owner Data Extended To 30 June, Says Dubai Economy

The last day for all registered businesses in Dubai to add their Beneficial Owner data to the commercial registry has now been extended to the 30th of J …
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