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Month: August 2021

Posted on 03/08/2021

UAE: 52,391 Covid vaccine doses administered in 24 hours

The UAE has administered 52,391 doses of the Covid-19 vaccine in the past 24 hours.” 52,391 “#_19” 24 16,884,412 .# pic.twitter.com/eJ0n8298pI- (@wamnews) August 3, 2021The country’s Ministry …

Posted on 03/08/2021

Jobs surge as UAE records strongest 2-year economic upswing

Employment rose at the fastest rate since January 2019 while a sharp rise in new orders drove increasing pressure on business capacity and a marked …

Posted on 03/08/2021

UAE, China to cooperate against money laundering, terrorism financing

The United Arab Emirates and China agreed to share intelligence to fight money laundering and terrorism financing, the Financial Intelligence Unit of the UAE central bank said on Tuesday.

Posted on 03/08/2021

UAE Removes Ban on Transit Flights from India and Other Nations

The United Arab Emirates will lift a ban on transit passengers from India, Pakistan, Sri Lanka and African countries on Aug. 5, and open its borders to people from those nations who have been fully …

Posted on 03/08/2021

IPL, T20 World Cup: We want fans in the UAE to watch from the stands, says Mubashir Usmani

Kolkata: Come September, the spotlight of the cricket world will be trained on the UAE as it will be hosting back-to-back showpiece cricket events – the remaining part of the Indian Premier League …

Posted on 03/08/2021

UAE lifts ban on transit flights including from India and Pakistan

The United Arab Emirates will on Thursday lift a ban on transit flights including from India and Pakistan, the National Emergency and Crisis Management Authority (NCEMA) said on Tuesday. India and …

Posted on 03/08/2021

UAE financial intelligence unit signs MoU with China anti-money laundering monitoring and analysis centre

The MoU was signed by Mr. Ali Faisal Ba’alawi, Head of the UAE FIU, and Mr. Gou Wenjun, Director General of the CAMLMAC …

Posted on 03/08/2021

Positive economic & employment sentiment in Dubai boosts property sales in H1 2021

The H1 2021 report shows that Dubai’s property market is back in the spotlight as one of the hottest real estate markets where individuals and investors flock in droves to purchase high-end proper …
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Posted on 03/08/2021

Alef Group signs MoU with Sharjah Investors Services Center to boost investment activity

In order to boost investment activity in Sharjah, Alef Group, a leading real estate developer and a pioneer in developing world-class lifestyle experien …
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Posted on 03/08/2021

Dubai set to host major business events as Expo 2020 approaches

Dubai’s business events sector continues to build on its momentum as one of the first cities in the world to reopen for international …
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Posted on 03/08/2021

Dubai’s business events sector is geared for H2-21 action

Dubai: With more flights and countries connected, Dubai’s business events sector continues to build on the momentum being one of the first cities in the world to reopen. Among the major upcoming …
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Posted on 03/08/2021

Dubai’s ecommerce hub CommerCity is offering 50% discount on business setup

Dubai: Dubai CommerCity has leased 30 per cent of its facilities within a period of only two months in the first part of the development of the emirate’s latest free zone. It extends over an area of 2 …
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Posted on 03/08/2021

Dubai CommerCity begins commercial operations

Dubai CommerCity has succeeded in leasing 30 per cent of its facilities within a period of only two months in the first part of the development phase of the free zone, which extends over an area of 2.
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Posted on 03/08/2021

Dubai Financial Market: Beginning of a new era in capital market development in the UAE

Creation of Dubai Financial Market (DFM) was one of the first step in the creation of a well-structured capital market infrastructure in the UAE. The establishment of a formal stock exchange in Dubai …
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Posted on 03/08/2021

SoftServe Opens New Office in Dubai

SoftServe has opened a new office in Dubai as part of its initiative to support the rapidly expanding user base in the Middle East.
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Posted on 03/08/2021

Kuwait Finance House Q2 profit more than triples

A Kuwaiti trader is seen at the Kuwait Boursa stock market trading hall in Kuwait city, Kuwait September 16, 2019. DUBAI- Kuwait Finance House (KFH.KW), a Sharia-compliant bank, said on Tuesday net …
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Posted on 03/08/2021

Dubai Islamic Bank raises foreign shareholding limit to 40%

Dubai: Foreign investors can pick up to 40 per cent in Dubai Islamic Bank, which has received clearance from the Central Bank to raise the limit from 25 per cent. DIB, one of the biggest names in the …
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