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Month: January 2022

Posted on 27/01/2022

UAE’s biggest bank FAB hits record Dh12.5b net profit, while assets soar past Dh1t

Dubai: It is a record profit for the UAE’s biggest bank, FAB, totalling Dh12.5 billion against 2020’s Dh10.6 billion as the country’s leading financial institutions rollback on the COVID-19 …
( read original story …)


Posted on 27/01/2022

Koda Cryptocurrency, the New Dog Meme Coin, Announces the Entry into Dubai Market

KODA Cryptocurrency, the exciting new dog meme token with utility, has just announced offices in Dubai as they look to disrupt the cryptocurrency world in 2022. KODA, marketed by SummitBC Ltd, already …

Posted on 27/01/2022

UAE, Bahrain and Egyptian leaders hold summit in Abu Dhabi

A summit involving the UAE’s leaders, Bahrain’s King Hamad and Egyptian President Abdel Fattah El Sisi was held in Abu Dhabi on Wednesday. The meeting, which involved Sheikh Mohammed bin Rashid, Vice …

Posted on 27/01/2022

First Abu Dhabi Bank full year profit jumps 19% on higher non-interest income

First Abu Dhabi Bank, the UAE’s largest lender by assets, reported a 19 per cent jump in its 2021 profit on the back of higher non-interest income as the Arab world’s second-largest economy continues …

Posted on 27/01/2022

UAE to lift entry, transit ban on passengers from 12 African countries

The United Arab Emirates will lift an entry and transit ban on on Saturday on travellers who had recently visited South Africa, Kenya, Nigeria, Ethiopia and eight other African countries.

Posted on 27/01/2022

UAE: Ticket rates to Dubai from high-traffic Indian cities drop below Dh1,000

Dubai: Fares from high-traffic Indian cities to Dubai are recording sharp drops as UAE comes out of its peak tourist season. Seats on the New Delhi to Dubai route can be booked for less than Dh700 …

Posted on 27/01/2022

Dubai’s Sunset Hospitality Group to expand to 14 countries in 2022

Dubai-based Sunset Hospitality Group (SGH) has revealed plans to expand into markets including Spain and Greece in 2022. SHG which was established in 2011 is currently present in 10 countries …

Posted on 27/01/2022

Dubai announces xCube to facilitate the path to becoming AED3 trillion market

The new firm will facilitate activities of DFM companies; xCube aims to strengthen the competitiveness of the financial markets. Dubai announces xCube to facilitate the path to becoming AED3 trillion …

Posted on 27/01/2022

Dubai: 5 jailed for kidnapping, forcing businessman to transfer Dh2.5 million in digital coins

The Dubai Criminal Court has sentenced five defendants, including two fugitives, to three-year in prison and fined them Dh2.5 million. The Court instructed the authorities to deport them to their …

Posted on 27/01/2022

Lifestyle hotel Millennium Place Mirdif opens in Dubai

Millennium Place Mirdif, a four-star, chic urban lifestyle hotel has opened its doors for stay and leisure in the up and coming Mirdif Hills Community by Dubai Investments Real Estate Company. Bassam …

Posted on 27/01/2022

Bagbin returns to Dubai for medical review ahead of E-levy resubmission

Speaker of Parliament Alban will be leaving the country to Dubai, United Arab Emirates for medical review, Minority Chief Whip Mohammed-Muntaka Mubarak has disclosed.

Posted on 27/01/2022

UAE: Red alert issued as monster fog engulfs Abu Dhabi, drivers warned

Dubai: It’s a foggy morning for some UAE residents on Thursday as the weather bureau issued a warning. According to the National Center of Meteorology (NCM), skies across the UAE are looking clear to …

Posted on 27/01/2022

Abu Dhabi scraps 20,000 requirements for business set-up to attract investors

Abu Dhabi is taking proactive steps to facilitate ease of doing business and attract more investments. Khushnum B …

Posted on 27/01/2022

xCube: Dubai sets up new firm to facilitate activities of DFM companies

DUBAI: Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, has announced the launch of xCube company that will organise and …

Posted on 27/01/2022

Dubai Government Workshop appoints happiness ambassadors to enhance workplace productivity and collaboration

The Dubai Government Workshop (DGW) has announced its happiness ambassadors to increase positivity and productivity in …

Posted on 27/01/2022

Dubai Carnival: Pair Of Unbeaten Fillies Top Friday’s UAE 1,000 Guineas

Godolphin’s Real World is just one of several stars on the third evening of the Dubai World Cup Carnival on Friday, Jan. 28. The card features Group 2 and four Listed races. Saeed Bin Suroor’s …

Posted on 27/01/2022

11 million visits at Expo 2020 Dubai soon

Dubai has recorded 10,836,389 visits as of 24 January, catalysed by a series of high-profile events as part of Global Goals Week …

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