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Month: January 2022

Posted on 05/01/2022

UAE sovereign wealth funds’ assets jump to Dh5.9 trillion

Owned Investors 3.0”, the UAE-based sovereign wealth funds’ fortunes jumped from $1.374 trillion (Dh5.04 trillion) in 2020 to $1.624 trillion (Dh5.9 trillion) at the end of 2021. The UAE and other …

Posted on 05/01/2022

UAE maintains 30% royalty on telecom operators

Etisalat and Du will continue to the pay the same royalties to the UAE. Etisalat said the United Arab Emirates government decided on 30 December 2021 to maintain the royalty scheme for telecom …

Posted on 05/01/2022

US, GCC Condemn Houthi Hijacking Of UAE-flagged Vessel Off The Coast Of Yemen

The US and the Gulf Cooperation Council (GCC) have condemned the Houthi rebels’ hijacking of a UAE-flagged vessel off the coast of Yemen.

Posted on 05/01/2022

UAE’s Adnoc offers USD946M deal to Abu Dhabi’s NPCC

The national power grand Abu Dhabi National Oil Company provided a USD946 million deal to Abu Dhabi’s National Petroleum Construction Company (NPCC) …

Posted on 05/01/2022

UAE – Sheikh Zayed Festival breaks 3 Guinness World Records for the New Year Celebrations.

Sheikh Zayed Festival breaks 3 Guinness World Records for the New Year Celebrations. Abu Dhabi, January 05, 2022: The Sheikh Zayed Festival has now officially broken 3 Guinness World Records in terms …

Posted on 05/01/2022

Covid in Dubai: Remote learning to continue at some universities amid rising cases

Due to the recent spike in coronavirus cases in UAE, many universities in Dubai are adopting a wait and watch approach ahead of their respective reopening after the winter break. The ones who’ve …

Posted on 05/01/2022

German expat in UAE wins $1 million in Dubai Duty Free draw

Dubai: A German expat in Dubai has become the first $1 million (around Dh3.67 million) winner of 2022 in the latest (DDF) Millennium Millionaire draw held on Wednesday. Rolf Hartung, 67, had purchased …

Posted on 05/01/2022

Dubai Duty Free announces first two $1 million winners of 2022

A German national based in Dubai and a Kenyan living in Nairobi have become the first two winners of the Dubai Duty Free Millennium Millionaire promotion in 2022.The 67-year-old German, Rolf Hartung, …

Posted on 05/01/2022

DIFC launches specialised court for Dubai digital economy

Leading brand for international independent financial advisers, wealth management professionals serving expatriate and cross-border clients worldwide.

Posted on 05/01/2022

UAE – FourQuest Energy Services Reaches Agreement to Acquire Boyle Energy Services & Technology, Inc.

Wednesday 5 January 2022 [ AETOS Wire ] (BUSINESS WIRE )– FourQuest Energy Services has acquired privately owned US-based Boyle Energy Services & Tech …
( read original story …)


Posted on 05/01/2022

Dubai Internet City, Khazna Data Centers announce two state-of-the-art data storage facilities in Dubai

Dubai Internet City, the region’s largest hub for technology companies and talent, has announced a deal with Khazna Data Centers, one of the largest wholesale data centre providers in the Middle East …
( read original story …)


Posted on 05/01/2022

The very best parks in Dubai

From gloriously green big hitters to old favourites and secluded spots. The very best parks in Dubai. . Features, Things To Do.
( read original story …)


Posted on 05/01/2022

UAE – Belkin Named as CES 2022 Innovation Awards Honoree

Wednesday 5 January 2022 [ AETOS Wire ] (BUSINESS WIRE )– Belkin today announced that it has been named a CES® 2022 Innovation Awards Honoree for i …
( read original story …)


Posted on 05/01/2022

‘Tired’ driver flown to hospital after colliding with lorry in Abu Dhabi

A motorist was flown to hospital in Abu Dhabi on Tuesday after the car he was driving collided with a lorry. The man, in his 30s, was travelling with two other passengers from Sweihan to Al Ain on the …
( read original story …)


Posted on 05/01/2022

UAE – FTFT Subsidiary Launches Cryptocurrency Market Data Platform FTFTX

(NASDAQ: FTFT) (‘hereinafter referred to as ‘Future FinTech’, ‘FTFT’ or ‘the Company’), a leading blockchain-based e-commerce business and a fintech service provider, announced today that its …

Posted on 05/01/2022

Emirati artist Fafa channels heartbreak in Abu Dhabi-shot Tree Of Flames

The best way I can explain myself and express exactly how I feel is through music,” young Emirati singer-songwriter Fafa told City Times in a conversation about her recent track, Tree of Flames.

Posted on 05/01/2022

UAE – Emirati artist Fafa channels heartbreak in Abu Dhabi-shot Tree Of Flames

The best way I can explain myself and express exactly how I feel is through music,” young Emirati singer-songwriter Fafa told City Times in a conversation about her recent track, Tree of Flames.

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