The UAE’s housing market grew strongly in the second half of 2021, amidst improving economic conditions. In Dubai, residential property prices rose strongly by 8.1% in 2021 from a year earlier, in …
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DMCC To Install Solar Panel Parking Shades Across JLT District in Major Sustainability Drive
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, and Master Developer of the JLT District – …
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Abu Dhabi’s ADNOC Distribution to pay $349mln dividend for H2 2021
Shareholders of ADNOC Distribution, the UAE’s largest fuel retailer, have approved a dividend of 1.285 billion dirhams ($349 million) for the second half of 2021, bringing the year’s total payout to 2 …
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Six ‘cornerstone investors’ including Abu Dhabi’s ADQ commit Dh4.7b to mega offer
Other investors include Abu Dhabi’s Alpha Dhabi and Emirates Investment Authority Dubai: The DEWA IPO has already gotten some big names as investors, including Abu Dhabi’s ADQ and Alpha Dhabi …
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Abu Dhabi’s Multiply Group to invest Dhs367m in DEWA IPO
Multiply Group acquired stakes in UAE-based assets and international high growth firms such as Firefly, Savage X Fenty, Getty images and Viola.
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Yas Island Abu Dhabi unveils Bollywood-themed campaign
Yas Island Abu Dhabi has launched marketing campaign, ‘Yas Hai Khaas’ with Bollywood actor Ranveer Singh, targeting consumers from India …
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Ranveer Singh Appears in Abu Dhabi’s ‘Yas Hai Khas’ Campaign as Brand Ambassador
Bollywood star Ranveer Singh, who was most recently seen in the sports biography ’83, has been roped in to promote Yas Island as its brand ambassador. Yas Island, Abu Dhabi, one of the world’s premier …
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Sharjah Police organises ‘Physical Strength’ tournament
Sharjah24: The Sports and Social Activities Department of the Media and Public Relations Department of Sharjah Police organised the “Physical Strength” tournament, with more than 30 members from …
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Israeli crypto firm Coinmama bought for $3 million
Coinmama is one of the relatively few cryptocurrency platforms that allows users to buy coins with a credit card, and is part of Israel’s growing crypto ecosystem.
Saudi Arabia and UAE push for more security support from US
Saudi Arabia and the United Arab Emirates are pushing the US for deeper security support as the Biden administration seeks the two Gulf powers’ co-operation on everything from energy and the Ukraine …
UAE: Unit 2 of Barakah nuclear energy plant starts commercial operations
The Emirates Nuclear Energy Corporation (ENEC) has announced the start of commercial operations of Unit 2 of the Barakah Nuclear Energy Plant. The commencement of operations will add 1,400 megawatts …
UAE-India CEPA economic deal that simplifies customs procedures, reduces logistics costs will be operational in a month: official
The Comprehensive Economic Partnership Agreement aims to pave the way for a new era of joint economic growth, improve mutual access to markets, and enhance economic and investment opportunities …
UAE Central Bank considers continued support for banks and economic recovery beyond mid-2022
The UAE Central Bank highlighted that it is closely monitoring the evolving situation globally and stands ready to take additional measures, if necessary UAE Central Bank considers continued support …
Dubai to get new entity to protect consumer rights, ensure fair trade
A specialised entity focused on ensuring fair trade and consumer rights protection will be established in Dubai. On Thursday, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai …
As rouble plunges, wealthy Russians could boost Dubai property – S&P
Dubai remains a welcoming place for Russian citizens and HNWIs, which could boost demand, the ratings agency said …
Apple’s iPad Air sees strong consumer demand in Dubai
Wi-Fi models of iPad Air are available with a starting price of $681 and Wi-Fi + Cellular models start at $845.
Daniel Kinahan facing Dubai deposition by marine turned lawyer leading case against mob boss
Mr Montalvo, a former marine, said he doesn’t buy Kinahan’s recent written submission that he’s willing to testify …