A troubled Dubai real estate developer said Monday it suspected that $42 million had been “misappropriated” by the company’s former officials while declaring it massively overvalued its holdings.
Dubai’s Mashreq Carves Out Payments Unit Amid E-Commerce Boom
Dubai-based Mashreqbank PSC has carved out its payments arm into a new unit, NeoPay, focused mainly on helping businesses handle credit and debit card payments amid a pandemic-fueled e-commerce boom.
DMCC to install solar panel parking shades across Dubai’s JLT district
Once DMCC’s 6.3MW project is complete, JLT will be home to one of the UAE’s largest district solar car shade installations.
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High note for violinist, 11, crowned Abu Dhabi Young Musician 2022
An 11-year-old violinist has been crowned Abu Dhabi’s best young musician at a competition open to schools throughout the emirate. Yuexuan Li, a Year 6 pupil at Brighton College Abu Dhabi, was …
UAE weather: Warning out due to ‘very rough’ seas with 10-feet-high waves off coast
Strong winds are expected to repeatedly blow during the day, especially over the sea Dubai: You might need to rethink your plans if you were doing something at the beach on Monday as a warning due to …
UAE weather: Rough sea alert issued; partly cloudy day ahead
The National Centre of Meteorology has issued a rough sea alert, with wave height reaching 10ft today. The day will be fair in general and partly cloudy and dusty at times over some areas during the …
UAE trade deal: India to reduce import duty on metals, dates, oil
India is set to lower import duty on dates, metals, cement, cooking gas and crude oil from the UAE as part of the free trade agreement (FTA) that is expected to be implemented from May.
Piyush Goyal unveils India-UAE CEPA; trade pact to be effective from May; 10 points
Piyush Goyal is in UAE to participate in the ‘Investopia Summit’ and ‘World Government Summit’ being held in Dubai on 28th March 2022 and 29th March 2022 respectively. With this launch, the text of …
Trilateral with Israel & UAE could boost trade to $110 billion by 2030
The trilateral of India, Israel and the UAE is likely to get a boost with the upcoming visit of Israel PM Naftali Bennett to India on April 3.
UAE’s Abdullah bin Zayed meets Yair Lapid during his first official visit to Israel
Two top diplomats explored the avenues of enhancing their bilateral relations within the framework of the Abraham Accords Peace Agreement …
3 Things You Need to Know When Financing a Property in Dubai
A few years ago, many expats and foreigners hesitated about buying property in the Middle East. Now, Middle Eastern destinations, particularly Dubai, have become ideal choices when it comes to buying …
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India-UAE Comprehensive Economic Partnership Agreement: Dairy goods kept out of FTA
The details of the India-UAE Comprehensive Economic Partnership Agreement (CEPA) show New Delhi, which taxes bovine meat and chicken imports at 30%, will trim the duty to 27% in the first year of the …
DMK paid for flight to UAE, retorts minister
Thangam Thenarasu added that the trip was made for the welfare of the State’s people, as could be seen from the rousing welcome given to CM by Tamils in UAE.
Stalin’s Dubai trip aimed at bringing investors to his family businesses: EPS
“The people of Tamil Nadu feel he had undertaken the trip only to pursue his personal agenda,” the CM charged during a press meeting in Salem.
Around 17 lakh people visited India Pavilion at Dubai Expo: Anurag Thakur
Information and Broadcasting Minister Anurag Thakur on Sunday said that around 17 lakh people visited the Indian Pavilion at Dubai Expo 2020 …
UAE’s Sheikh Abdullah bin Zayed meets Yair Lapid during his first official visit to Israel
Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Israeli Minister of Foreign Affairs, Yair Lapid, during his first official visit to the State of …
UAE FM Abdullah Bin Zayed makes first official visit to Israel, meets Lapid
The two ministers also discussed issues of interest and exchanged views on the latest regional and global developments, including the crisis in Ukraine.