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Month: April 2022

Posted on 06/04/2022

Dewa IPO to become largest in UAE, Europe, ME and Africa region so far in 2022

“The high international demand on Dewa’s initial public offering (IPO) reflects the trust and confidence in Dubai’s entities as quality investment opportunities,” stresses Sheikh Maktoum …
( read original story …)


Posted on 06/04/2022

Abu Dhabi Islamic Bank donates Dh1 million to UAE’s ‘1 Billion Meals’ campaign

Dubai: Abu Dhabi Islamic Bank (ADIB) has announced a donation of Dh1 million to UAE’s ‘1 Billion Meals’ initiative, the region’s largest food donation campaign of its kind …
( read original story …)


Posted on 06/04/2022

Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-up

April 6, 2022) – Top crypto exchange LBank and ETHDubai merge for an exclusive event at the LBank Labs. The event was a get-together of some prominent speakers developing and building on the Ethereum …

Posted on 06/04/2022

Crypto King (CK) Is Now Available for Trading on LBank Exchange

LBank Exchange, a global digital asset trading platform, has listed Crypto King (CK) on April 3, 2022. For all users of LBank Exchange, the CK/USDT trading pair is now officially available for trading …

Posted on 06/04/2022

EPAA begins judging process for Sharjah Sustainability Award

The Environment and Protected Areas Authority in Sharjah (EPAA) announced that judging has commenced for the tenth edition of the Sharjah Sustainability Awards (SAA) 2021-2022. The panel will judge …

Posted on 06/04/2022

Sharjah has made unprecedented contributions to global publishing

Among prominent attendees of the event were Bodour Al Qasimi, President of the International Publishers Association (IPA); Sheikh Fahim Al Qasimi, Chairman of the Department of Government Relations …

Posted on 06/04/2022

UAE’s ‘1 Billion Meals’ campaign: Jumbo Electronics donates Dh1 million

We are delighted to support the Dubai Government’s ‘1 Billion Meals’ campaign with a donation of Dh1 million. Our relat …

Posted on 06/04/2022

UAE announces 215 new COVID-19 cases, 614 recoveries, no deaths in last 24 hours

ABU DHABI. KAZINFORM – The Ministry of Health and Prevention (MoHAP) announced that it conducted 230,104 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing …

Posted on 06/04/2022

UAE: 8,211 vaccine doses administered in 24 hours

The UAE has administered 8,211 doses of the Covid-19 vaccine in the past 24 hours. The country’s Ministry of Health and Prevention (MoHAP) said the total doses administered now stand at 24,573,803.

Posted on 06/04/2022

Dubai’s DEWA IPO raises Dh22.3b, giving utility giant a market value of Dh124b at listing

The final offer price of DEWA’s IPO was set at Dh2.48 per share. Dubai: The IPO of Dubai Electricity and Water Authority (DEWA) has raised Dh22.3 billion ($6.1 billion), which gives the utility giant …

Posted on 06/04/2022

UAE-based startup CanCan is making custom kandooras using a mobile app

The app uses body-scanning technology to take accurate measurements Dubai: UAE-based startup CanCan is revolutionising the way the kandoora – a traditional dress worn by Arab men – is being …
( read original story …)


Posted on 06/04/2022

A third of UAE residents have invested in cryptocurrencies, survey finds

One month after Dubai adopted new laws governing virtual assets, 33 per cent of UAE residents say they have invested in cryptocurrencies, a survey has shown. This compares with 30 per cent of people …
( read original story …)


Posted on 06/04/2022

Abu Dhabi is officially banning single-use plastic bags in two months

Soon single-use plastic bags will be a thing of the past in Abu Dhabi. As of June 1, 2022, in just under two months’ time, plastic bags will be banned in the country’s capital, per an announcement by …
( read original story …)


Posted on 06/04/2022

Abu Dhabi’s non-oil economy grew 4.1pc in 2021

Abu Dhabi’s non-oil real GDP grew 4.1 per cent for the FY 2021, mainly driven by the government’s prudent economic and investment policies and the emirate’s speedy recovery from the pandemic, …
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Posted on 06/04/2022

Ma’an’s ‘For Our Community’ campaign to empower Abu Dhabi community to contribute for a better tomorrow

Abu Dhabi: As part of its commitment to enrich social innovation and build a culture of social contribution and participation to address social priorities in the Emirate of Abu Dhabi, the Authority …
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Posted on 06/04/2022

Sharjah’s Publishing City site gives Emirati publishers a regional hub

Opened in 2017, the Publishing City just outside Sharjah city centre is a dedicated space connecting publishers, distributors, printers and other book businesses from across the Emirate and beyond.
( read original story …)


Posted on 06/04/2022

The UAE’s inward flow of FDI grows 3.9 percent to reach $20.7 billion in 2021

The UAE’s outward FDI flows reached approximately $22.5 billion in 2021, with an annual growth of 19.1 percent, according to the UAE Ministry of Economy The UAE’s inward flow of FDI grows 3.9 percent …
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