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Month: February 2022

Posted on 11/02/2022

UAE’s ADQ, Alpha Dhabi, Etisalat and FAB to launch next-gen banking platform

ADQ, the Abu Dhabi-based investment and holding company, has announced that the Central Bank of the UAE has granted an in-principle approval to launch Wio, a new digital banking platform.

Posted on 11/02/2022

MAG OF LIFE SIGNS DEAL TO BRING THE RITZ-CARLTON RESIDENCES, DUBAI, CREEKSIDE TO THE UNITED ARAB EMIRATES

DUBAI, UAE, Feb. 11, 2022 /PRNewswire/ — MAG of Life, the wellness real estate division of MAG Group, signed a deal with Marriott International to launch The Ritz-Carlton Residences, Dubai, Creekside …

Posted on 11/02/2022

Dubai: Man gets stuck inside a billboard officials come to his rescue

Dubai Police and Civil Defence have rescued a young African man who fell and got trapped inside a billboard of a retail store in Naif. Colonel Omar Musa Ashour, Deputy Director of Naif Police …

Posted on 11/02/2022

Brit jailed for 25 years in Dubai after friend left CBD oil in car

Former semi-professional footballer Billy Hood, who was based in Dubai, has been jailed for 25 years after police found four small bottles of harmless cannabis oil he said were left in his car by a …

Posted on 11/02/2022

UAE: Netizens charmed as Prince William poses next to Dubai Police car

Britain’s Prince William is seen standing next to a Dubai police car in one of the latest pictures trending online. As per a picture posted on the official Twitter account of The Duke and Duchess of …

Posted on 11/02/2022

UAE ranked world’s most supportive entrepreneurship environment: GEM Report

The UAE was ranked top in the world in the 2021/2022 Global Entrepreneurship … their share and contribution to the overall gross domestic product (GDP). Access to finance Despite the progress made, …
( read original story …)


Posted on 11/02/2022

Abu Dhabi’s ADNOC Drilling posts $164.4mln profit for 2021

“The increase in revenue was due to additional drilling services provided to Abu Dhabi National Oil Company (ADNOC), ADNOC Onshore and ADNOC Offshore,” according to a disclosure to the Abu Dhabi …

Posted on 11/02/2022

The business of F&B in Dubai: ‘The perfect melting pot of cultures and economies’

With a decade of operation in Dubai, Antonio Gonzalez reflected on how the city’s evolution into a “truly global city comparable to New York, London and Singapore,” has facilitated his journey in the …

Posted on 11/02/2022

Dubai: Sustainability, health, innovation to be key job trends in 50 years, says report

The Dubai Future Foundation (DFF) launched the ‘Future Opportunities Report: The Global 50’, which aims to highlight the most promising opportunities in various vital and future sectors during the …

Posted on 11/02/2022

Lola Arabia, Dubai’s Charisma Group Strike 12-Movie Production Deal (EXCLUSIVE)

Lola Arabia, the United Arab Emirates label of Oscar-winning Spanish producer Andrés Vicente Gómez (“Belle Epoque”), has struck a 12-movie co-production deal with Dubai-based Charisma Group. The …

Posted on 11/02/2022

Bigg Boss fame Jasmin Bhasin has a ‘Dubai boyfriend’; shares pictures from their dine out

You can change your city from here. Bigg Boss fame Jasmin Bhasin is in Dubai and having a whale of a time with her ‘Dubai’ boyfriend’. She shared several stories on her Instagram account from …

Posted on 11/02/2022

Dubai Property of the Week: is this Dh65m villa the UAE’s most hi-tech home?

Dubai is well known as a city embracing the future … There’s also integrated Ubiquiti Wi-fi and Mobotix high-security surveillance systems. Provisions are in place for two automated panel blinds or …
( read original story …)


Posted on 11/02/2022

Drone and missile attacks on the UAE shows its strengths more than vulnerabilities, security analysts say

DUBAI, United Arab Emirates — The recent volley of missile … highly accurate cruise missiles and UAVs (unmanned aerial vehicles),” said John Krzyzaniak, an arms control and technology analyst at the …
( read original story …)


Posted on 11/02/2022

UAE is embracing advanced tech to combat economic, societal challenges: Abeer Tahlak

The UAE is investing heavily in identifying these challenges and enabling, promoting, and embracing advanced technologies and solutions to combat them. Innovation programmes, such as those led by …
( read original story …)


Posted on 11/02/2022

Abu Dhabi’s Taqa 2021 profit more than doubles as revenue climbs on higher oil prices

Abu Dhabi National Energy Company, or Taqa, as it is known, more than doubled its 2021 profit as revenue grew during the period due to higher oil prices. Net profit attributable to the equity holders …
( read original story …)


Posted on 11/02/2022

EFG Hermes completes advisory on Macro Group’s $83m IPO

The IPO was recently listed on the Egyptian Exchange … Read: EFG Hermes advises TPG’s Evercare Group on $72.4m IDC deal Earlier this week, UAE lender First Abu Dhabi Bank made a non-binding …
( read original story …)


Posted on 11/02/2022

UAE ranks first in Global Entrepreneurship Index 2022

The UAE was the only country in the world participating in the report that achieved sufficient score or more on all axes such as Entrepreneurial Finance; Ease of Access to Entrepreneurial Finance; …
( read original story …)


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