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Month: January 2022

Posted on 23/01/2022

Dh1 million prize shared by 33 winners in latest UAE-based Mahzooz draw

Draw also saw three participants win Dh100,000 each; Dh10 million prize goes unclaimed Dubai: The latest weekly UAE-based Mahzooz Grand Draw saw 33 winners share the Dh1 million second prize on …

Posted on 23/01/2022

UAE: 3 lucky winners take home Dh100,000 each in latest Mahzooz draw

Thirty-three lucky participants shared the Dh1 million second prize in the 61st weekly live Mahzooz Grand Draw, which took place on Saturday at the Mahzooz UAE Studio. The lucky winners took home Dh30 …

Posted on 23/01/2022

UAE expresses solidarity with Ghana, offers condolences on victims of Apiatse blast

In a statement, the Ministry of Foreign Affairs and International Cooperation expressed heartfelt condolences to Ghana and families of the victims and wished the injured a speedy recovery.

Posted on 23/01/2022

Capacity of this road to Al Qudra Lakes in Dubai will increase from 1,800 to 4,000 vehicles per direction

The project will increase the road intake from an existing 1,800 vehicles to 4,000 vehicles in each direction to accommodate the continued growth in traffic volumes. Thus, it will ease the mobility of …

Posted on 23/01/2022

Dubai: New road to ease traffic to Al Qudra Lakes

Saih Al Dahal Road Improvement Project will replace the old single-lane road with a dual carriageway extending 11km …

Posted on 23/01/2022

UAE – Ruler of Sharjah condoles King Salman on death of Princess Seetah bint Jalawi bin Saud

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, sent a cable to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King of Saudi …
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Posted on 23/01/2022

Sharjah Consultative Council discusses policy of SDoH

Sharjah24: Several members of the Sharjah Consultative Council (SCC) discussed all the policies of the Sharjah Department of Housing (SDoH), reviewing the efforts of the Department in working to …
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Posted on 23/01/2022

New UAE law: What happens if postdated rent cheques bounce?

With cheque bounce cases decriminalised in UAE, can you explain to me what happens if my postdated rent cheque is not honoured? I am confident I will have enough funds in my account before the cheque …
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Posted on 23/01/2022

UAE bans flying of recreational drones after fatal attack

The United Arab Emirates has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major airport in the country.
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Posted on 23/01/2022

UAE launch first Space Economic Zone at Masdar City

The UAE Space Agency and Masdar will establish the nation’s first Space Economic Zone in Masdar City to create an integrated business ecosystem to propel startups and SMEs. It is the first of many …
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Posted on 23/01/2022

Dubai: Dewa inaugurated 16 new substations in 2021

Dubai Electricity and Water Authority (Dewa) inaugurated 16 new substations in 2021 at a cost of nearly Dh2.92 billion, said a press statement issued on Sunday. These include fourteen 132kV stations …
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Posted on 23/01/2022

Taking a look at Legoland Hotel in Dubai

The region’s first Legoland Hotel is geared towards families. Taking a look at Legoland Hotel in Dubai. dubai parks and resorts, hospitality news, hotel news, Lego Hotel, Lego Hotel Dubai, legoland …
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Posted on 23/01/2022

Saudi digital security firm Elm seeks to raise up to $820 mln at IPO

Saudi Arabia’s digital security firm Elm said on Sunday it has set an indicative price range for its initial public offering, aiming to raise as much as 3 billion riyals ($820 million).
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Posted on 23/01/2022

Banking across the GCC: Carving out a new future

Growing customer awareness and the recent global health crisis have encouraged regional banks to ramp up their offerings.
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Posted on 23/01/2022

UK private credit manager opens Dubai office to launch Gulf growth

Pemberton, which has nearly $16 billion of assets under management, is seeking to attract new clients in the Middle East UK private credit manager opens Dubai office to launch Gulf growth assets under …
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Posted on 23/01/2022

Sharjah Islamic 2021 net profit up 27% to $140m

Sharjah Islamic Bank (SIB) recorded net profit of AED514.1 million ($140 million) for the year ended in December 31, 2021, an increase of 26.7% compared to AED405.8 million for the same period in 2020 …

Posted on 23/01/2022

Environment Agency – Abu Dhabi urges residents to cut down on use of plastic bags

Abu Dhabi emirate’s environment regulator is therefore urging residents to minimise the use of these bags, which are harmful for the environment. In a social media post, the EAD highlighted these …

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