US Fed signals higher and faster rate hikes – what should UAE businesses do? Dubai: The US Federal Reserve is hinting at sharper increases in interest rates and which will have direct impact on …
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Citigroup expects sharp increase in UAE and Mena business amid economic recovery
The bank’s business recorded a “steady” growth in the UAE in the past five years, as the Arab world’s second-biggest economy continued to follow and deliver on its economic growth agenda. “Typically …
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Super Tuesday for real estate in Dubai sees AED1.9bn worth of property deals in a single day
Hundreds of property deals completed in a single day pushed the amount of real estate transactions to nearly touch AED2 billion in Dubai on Tuesday.
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Work progresses on Shurooq’s Sharjah Sustainable City, Al Hira Beach
Sharjah’s Bodour Al Qasimi toured the two projects and was briefed on the status of their progress and the facilities and amenities planned for each site. Work progresses on Shurooq’s Sharjah …
Abu Dhabi’s International Holding Company targets $4.6bln profit for 2022
Abu Dhabi conglomerate International Holding Company (IHC) is optimistic about the economy and aims to increase its profit to 17 billion dirhams ($4.6 billion) this year. The new target is more than …
UAE weather: speed limits cut in Abu Dhabi due to fog
Police in Abu Dhabi reduced speed limits on two roads early on Wednesday as thick fog descended over parts of the emirate. Visibility dropped to below one kilometre on the stretch of coast to the west …
Abu Dhabi Fund for Development opens five colleges in Jordan
The Abu Dhabi Fund for Development (ADFD) has inaugurated five colleges in Jordan which were built with an ADFD funding of Dhs80.3m. The two buildings for the College of Commerce and the College of …
UAE: Two jailed for robbing Dh3 million, watch worth Dh750,000 from businessman
The court found them guilty of stealing Dh3,000,000 and a watch valued at Dh750,000 from an Asian businessman after luring him to deal in fake bitcoin. They were also convicted of involuntary …
UAE Ramadan shopping: Fashion and new car sales to be the big winners in first post-COVID-19 promotions
Grocery and F&B deals to be dominant in first-half as retailers work to keep prices steady Dubai: Fashion and car sales could emerge the biggest winners from the upcoming Ramadan promotions launching …
UAE’s Coders HQ launches 10 new initiatives
Under the umbrella of the UAE’s National Programme for Coders that looks to create an ecosystem for coders, Coders HQ is aiming to increase the number of programmers in the UAE. UAE’s Coders HQ …
Emirati entrepreneurs, Dubai SME members claim government contracts worth $250.9 million in 2021
GPP has secured more than 16,934 procurement contracts for 362 Emirati entrepreneurs and SMEs in varied sectors Emirati entrepreneurs, Dubai SME members claim government contracts worth $250.9 million …
Dubai International Airport to shut northern runway for 45-day refurbishment; flydubai switches ops to DWC airport
As Dubai International Airport is a dual runway operation, the hub will continue to welcome guests, but passengers have been advised to check with their respective airlines for details on the airport …
Nanny jailed for lewd recording of sponsor’s baby in Dubai
The Dubai Court of First Instance has sentenced a nanny to three months in jail for recording an inappropriate video clip of a baby and sending it to her boyfriend. According to official records, the …
Here’s a chance to get a feel of Dubai Police’s helicopters
Virtual Reality experience awaits visitors at Fazaa Pavilion in Expo 2020 Dubai Lieutenant Pilot Muhra Bin Hamad from Dubai Police said many visitors have come to the platform and enjoyed the virtual …
Expo 2020 Dubai grand finale: Pakistan pavilion to light up Jubilee Stage on National Day
UAE – The Pakistan Pavilion at Expo 2020 has welcomed thousands of visitors from the UAE and across the world, and many Pakistanis who have travelled to visit the mega event in the last six months.
Dubai SME members win government procurement contracts worth $251.11mln in 2021
UAE – Emirati entrepreneurs and national enterprises in Dubai won contracts worth Dh921.6 million from various local and federal government entities, semi-government bodies and private businesses in …
UAE-India flights: Cochin Airport to offer 44 weekly departures to Dubai
Dubai and Abu Dhabi will be among the two most popular overseas destinations for flights heading out of Cochin International Airport Ltd (CIAL). According to the airport, there will be 44 weekly …