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Month: July 2021

Posted on 28/07/2021

Dubai-based King Group expands portfolio

King Group Hospitality, a Dubai-based international hospitality brand engaged in food services and retail sector, is all set to expand its chain of restaurants in the UAE and Thailand, that will help …
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Posted on 28/07/2021

Global conference on public-private partnership to take place during Expo 2020 Dubai

The Dubai Government’s Department of Finance (DoF) will organise an international conference on public-private partnership (PPP) on October 10-11 under the umbrella of Expo 2020 Dubai.Titled the Dubai …
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Posted on 28/07/2021

SWVL eyes IPO via SPAC

UAE-based mass transportation company SWVL, initially founded in Egypt, is reportedly planning to go public via a merger with a …
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Posted on 28/07/2021

Commercial Bank of Dubai’s H1 profit up 27.5 per cent year on year

Dubai: Commercial Bank of Dubai (CBD) has delivered a net profit of Dh676 million for the first half of 2021, up 27.5 per cent against the first half of 2020. Improved operating performance coupled …
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Posted on 28/07/2021

Sharjah Islamic Bank Trains Students For Future Careers In Banking And Finance Sector

Sharjah Islamic Bank has launched the new edition of “Mehnati” program for college and university students in the UAE, to prepare them professionally fo …

Posted on 28/07/2021

DSCD in Sharjah commences Economic Survey Project 2020

Sharjah24: The Department of Statistics and Community Development (DSCD) in Sharjah has announced the launch of its annual Economic Survey Project 2020 which will collect economic performance data …

Posted on 28/07/2021

Abu Dhabi court sentences nine people to ten years in jail and fines each Dh10 million for money laundering, cryptocurrency trading

Abu Dhabi Criminal Court has convicted nine individuals, and indicted six companies, for money laundering and cryptocurrency trading after they stole Dh18 million in funds from unwitting victims. The …

Posted on 28/07/2021

UAE: 9 fined Dh10 million each over fake digital currency trade, money laundering

A gang of nine has been sentenced to 10 years in jail for money laundering activities and for obtaining Dh18 million through bogus cryptocurrency trade. The court also fined each of the defendants …

Posted on 28/07/2021

UAE: Ministry sets new conditions, skills for qualifying public school principals, directors

Education regulators in the UAE have set basic conditions and skills required for qualifying public school directors and principals in the country. This is to keep pace with UAE’s legacy and standards …

Posted on 28/07/2021

UAE Opens 10-Year ‘Golden Visa’ Scheme to All Resident Doctors

The United Arab Emirates will allow all resident doctors to apply for so-called “golden visas,” a 10-year permit covering specialized sectors including science, innovation and health care.

Posted on 28/07/2021

UAE: 2 Dubai Police officers become first Arab fingerprint experts

Two Dubai Police officers have become the first in the Arab world to receive a reputed certification in forensic fingerprint analysis. The International Association of Identification (IAI) in the US …

Posted on 28/07/2021

Dubai: Drugs found in undergarments at police station, no charges filed

A man caught with narcotics hidden in a bag he was delivering to a detainee at a police station has been given a clean chit after investigations revealed he had been tricked, and had no idea that the …

Posted on 28/07/2021

Dubai Islamic Bank H1 profit slips 12% to Dh1.86 billion

Dubai Islamic Bank (DIB) net profit for the first half of 2021 fell 12 per cent to Dh1.86 billion as compared to Dh2.11 billion for the same period last year as revenues dropped.The bank’s total …

Posted on 28/07/2021

China’s Huawei brings a ‘Smart Office’ experience to UAE market

Dubai: Huawei has rolled out its latest collection of Super Device products – MatePad, MateView and MateBook series – to enhance the Smart Office experience. It was earlier this year that Huawei …
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Posted on 28/07/2021

Sennheiser introduces new CX True Wireless

While it is perfectly fine to compromise on many things, when it comes to sound, nothing less than superior quality is acceptable.
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Posted on 28/07/2021

Dubai Free Zones Council focus on business accelerators and startups support

The city’s Free Zones accounted for 38% of Dubai’s total foreign trade in Q1 2021 with total value of AED135 billion …
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Posted on 28/07/2021

Dubai-based Udrive closes $5 million funding round

Over the last four years, the company has empowered over 250,000 UAE members to complete over 1.4 million trips …
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