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Month: March 2022

Posted on 28/03/2022

Dubai: Free parking shifted to Sundays instead of Fridays; what you need to know

Sunday is the new Friday as far as free parking is concerned in Dubai. Paid parking zones would be free to use on Sundays, instead of Fridays as was the case earlier. This came as Dubai Crown Prince …

Posted on 28/03/2022

Dubai: No more paid parking exemptions on Fridays

The latest directive means that the parking fee exemptions previously available on Fridays will now be available on Sundays …

Posted on 28/03/2022

Dubai’s RTA saves cost and time, reduces breakdown rates through use of 3D printing for road maintenance

The initial results of implementing 3D printing technology revealed 50 percent savings in the operational cost of purchasing spare parts, which include propeller fans, control equipment, and cladding …

Posted on 28/03/2022

Gulf bourses mixed, Dubai gains over 1%

Gulf markets were mixed in trade on Monday, with Dubai’s main share index rising 1% amid renewed interest in the region after state utility DEWA’s IPO kicked off last week.

Posted on 28/03/2022

Environmental and societal challenges: An opportunity for the finance sector to step up

Nature-based solutions (NbS) are fundamental to achieving so many of the environmental and societal challenges we face Environmental and societal challenges: An opportunity for the finance sector to s …
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Posted on 28/03/2022

OPEC+ Must Stay Out of Politics, UAE Says Ahead of Key Meeting

OPEC+ must stay out of politics, the United Arab Emirates said just days before producers — including Russia — meet to discuss oil output.Most Read from BloombergLow-Priced Omega Speedmaster Prompts …
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Posted on 28/03/2022

UAE Energy Ministry: People want more oil production but few want to finance the industry

UAE Energy Minister Suhail Mohamed Al Mazrouei said on Monday, “people want more oil production but few want to finance the industry.” “We are currently in a situation that was warned about years ago, …
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Posted on 28/03/2022

WGS 2022: Today’s oil price volatility springs from under-investments in energy, says UAE Industry Minister

UAE is investing and raising capacity to 5m barrels a day Dubai: More than geopolitical shocks, the current volatility in oil prices is caused by long-term under-investment in the energy sector, …
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Posted on 28/03/2022

UAE President pardons 540 prisoners ahead of Ramadan

Motivate Publishing UAE flag . President of the UAE Sheikh Khalifa bin Zayed Al Nahyan has ordered the release of 540 prisoners ahead of the holy month of Ramadan. The prisoner …
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Posted on 28/03/2022

Mashreq Bank launches Neopay to consolidate and grow

The wholly owned subsidiary, IDFAA Payment Services LLC or Neopay, will provide Issuer Processing and Acquiring Processing services to financial institutions and fintechs …
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Posted on 28/03/2022

Sharjah Chamber, Guatemala ink MoU to strengthen trade, economic cooperation

The MoU aims to strengthen trade relations and develop mutual cooperation, encourage and facilitate economic cooperation between business communities in both friendly countries …

Posted on 28/03/2022

Ramadan 2022 in UAE: Abu Dhabi begins process to release 540 pardoned prisoners ahead of holy month

The Abu Dhabi Public Prosecution has said that it has started the process of implementing the President’s pardon on 540 prisoners. His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE …

Posted on 28/03/2022

LXR Hotels & Resorts to manage Abu Dhabi island retreat

LXR Hotels & Resorts has signed its first property in the UAW, a brand-new private island resort in Abu Dhabi called Al Nawras Island.
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Posted on 28/03/2022

Dubai: KEL session Cryptocurrency, Blockchain, its future on Apr 9 – Register Online

Kanara Entrepreneurs, Dubai is hosting a member event on Saturday, April 9 starting at 7.30 pm (UAE) at Hotel Grand Excelsior, Bur Dubai. Highlight of the event will be a talk on Cryptocurrency, …
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Posted on 28/03/2022

UAE will work with OPEC+ to make sure energy market is stable, minister says

DUBAI, March 28 (Reuters) – The United Arab Emirates will work … reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to …
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Posted on 28/03/2022

UAE says energy market needs Russian oil

Russian oil is needed by energy markets and no producer can substitute its production, United Arab Emirates energy minister Suhail al-Mazrouei said on Monday.
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Posted on 28/03/2022

World leaders, policymakers, experts convene in Dubai to address most urgent global challenges at WGS2022

Government officials and experts from around the globe are convening in Dubai this week at the World Governmen …
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