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Month: December 2021

Posted on 08/12/2021

The Monday Blues Come to the UAE. Will the Saudis Follow?

Riyadh won’t want to cede an advantage in business to its Gulf neighbor … with a special focus on the Middle East and Africa. Now that the United Arab Emirates plans to switch to a Monday-Friday …
( read original story …)


Posted on 08/12/2021

Ludhiana | Dubai returnee tests Covid +ve , dept to send sample for genome testing to Delhi

The sample of Dubai-returnee, who turned positive for Covid could not be sent for genome sequencing to test for the Omicron strain due to a protest by National Health Mission employees.

Posted on 08/12/2021

Dubai fire crews extinguish fire at tower on Sheikh Zayed Road

Dubai Civil Defence extinguished a fire broke that broke out at a tower on Sheikh Zayed Road on Tuesday night. Emergency services were called to deal with the fire at Al Ghadeer Tower in the Trade …

Posted on 08/12/2021

Dubai schools to adopt weekends on Saturdays and Sundays

The authority said: “We will work with our colleagues in the educational community in Dubai to ensure a smooth transition in line with the new decision.” …

Posted on 08/12/2021

UAE Shifts Workweek to Monday Through Friday to Align With Western World, Global Markets

It said the schedule is meant to also “add to the flexible, secure and enjoyable lifestyle the Emirates offers its citizens and residents.” …

Posted on 08/12/2021

Saudi Crown Prince Arrives in UAE on Gulf Tour Amid Economic Rivalry

Saudi Crown Prince Mohammed bin Salman, on a tour of the Gulf region, arrived on Tuesday in the United Arab Emirates, an ally locked in a growing economic rivalry with the kingdom. He was met by the …

Posted on 08/12/2021

UAE to shift weekend to Saturday and Sunday starting next year

The UAE will have a four-½-day working week, with the weekend starting on Friday afternoon and lasting until Sunday.

Posted on 08/12/2021

Dubai hotels surpass 2019 profit level in October

Hotels in Dubai surpassed their 2019 profit levels in October, as the emirate’s tourism sector continued its strong recovery in the wake of the Expo 2020 Dubai opening, and a host of other …

Posted on 08/12/2021

Dubai: Fire breaks out in residential building

A fire broke out in a residential building on Dubai’s Sheikh Zayed Road. Photos and videos shared by Khaleej Times readers showed the fire raging on the 15th floor of the building. Several civil …

Posted on 07/12/2021

Aldar-ADQ consortium to buy 85pc stake in Sodic for $387m

An Abu Dhabi investor consortium, comprising Aldar, one of the UAE’s largest real estate groups, and top investor ADQ, has reached an agreement with Egyptian property development company Sodic to …
( read original story …)


Posted on 07/12/2021

Aldar and ADQ acquire majority stake in Egypt’s Sodic in $386.8m deal

A consortium of Aldar Properties, the biggest developer in Abu Dhabi, and one of the region’s biggest holding companies ADQ will acquire a majority stake in Egypt’s Sixth of October for Development …
( read original story …)


Posted on 07/12/2021

Palm Jumeirah, Business Bay among best areas to buy property in Dubai

Dubai property prices during the first 10 months of 2021 as key performing areas continue to produce favourable results; Dubai …
( read original story …)


Posted on 07/12/2021

Tecom IPO on cards to list on Dubai Financial Market

Tecom Group will be the latest entrant to list on the local stock market after Dewa and Salik road toll system, according to Dubai Media Office. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, …
( read original story …)


Posted on 07/12/2021

From Bear to Bull: Jordan Belfort to Attend Blockchain World Abu Dhabi as Key Speaker

Dive into the metaverse at Abu DhabiFind out how you could meet the ‘Wolf of Wall Street,’ Jordan BelfortAll registrants have the chance to win a Bitcoin, to be announced on Dec. 17 ABU DHABI, United …

Posted on 07/12/2021

Green hydrogen hub backed by $5 billion of investment planned for the UAE

Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. While there is excitement about the potential of hydrogen, some business leaders are cautious when it …

Posted on 07/12/2021

UAE to shift to Saturday-Sunday weekend in line with global markets

The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend from the start of next year to better align its economy with global markets, but private …

Posted on 07/12/2021

Dubai maintains status as a hub for innovative energy solutions

Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, …

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