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Month: April 2022

Posted on 27/04/2022

Much-awaited Tulu movie ‘Raj Sounds & Lights’ premiere held in Dubai

The world premiere of much-awaited Tulu movie ‘Raj Sounds & Lights’ was inaugurated here at Marco Polo Hotel Ball room, Al Muteena, Deira Dubai on April 24. For the first time in the history of Tulu …

Posted on 27/04/2022

Dubai’s security services firm Transguard hits Dh2.2b in 2021 revenues, profit of Dh110m

Transguard numbers bulked up by Dh102m generated from Expo-related work Dubai: The Dubai security services company Transguard mopped up Dh2.2 billion in revenues for the financial year 2021-22 and …

Posted on 27/04/2022

Dubai Chamber grows 64 percent in Q1 2022 with 10,000 new companies

The organisation now counts a membership of close to 300,000 businesses Dubai Chamber grows 64 percent in Q1 2022 with 10,000 new companies business activities, business community, Business …

Posted on 27/04/2022

RTA to open online applications for e-scooter permits in Dubai

The applicant should not be under the age of 16 and will need to undergo a training course on the RTA’s website …

Posted on 27/04/2022

Dubai tracks highest-ever number of quarterly real estate transactions since 2010

DUBAI: Dubai’s real estate market recorded a total of 25,972 real estate transactions in Q1 2022, marking it the highest number of real estate transactions since 2010 registered …
( read original story …)


Posted on 27/04/2022

UAE vows ‘responsible’ artificial intelligence rollout

The world’s first minister for artificial intelligence says the United Arab Emirates isn’t only looking for economic benefits as it seeks to become a leading nation in the sector.

Posted on 27/04/2022

Young Lebanese tech entrepreneur tells how UAE golden visa changed his life

A young mobile app entrepreneur whose career dreams were dealt a blow by Lebanon’s economic crisis has transformed his fortunes after securing a UAE Golden Visa. Jake El Mir, 20, published his first …

Posted on 27/04/2022

Higher oil prices boost UAE banks’ liquidity

The UAE banks have strong liquidity with liquid assets at 38 per cent of total assets as of December 2021, up from 36 per cent as of December 2020, …
( read original story …)


Posted on 27/04/2022

Sharjah airport handles over 3 million passengers in Q1

The Sharjah Airport’s strategy was successful in gaining the trust of travelers, and attracting new airline and cargo companies The airpo …

Posted on 27/04/2022

Aldar Investment launches Logistics Real Estate Vertical through acquisition of Abu Dhabi Business Hub

Aldar Investment has completed the acquisition of a 70 percent equity interest in Abu Dhabi Business Hub, valuing the company at more than AED500 million, with the remaining 30 percent owned by a …

Posted on 27/04/2022

Dubai: How to apply for free e-scooter riding permit

Dubai’s Roads and Transport Authority has launched an online platform which allows the public to obtain free e-scooter riding permits, the authority announced Tuesday. The platform will be ready …

Posted on 27/04/2022

Dubai apartment, villa prices surge in first quarter due to huge demands

The Dubai property market has started the year 2022 on a high note, with the first quarter producing record-breaking numbers as the total transactions reached 19,009 by the end of March, concluding …
( read original story …)


Posted on 27/04/2022

UAE Plans to Double LNG Exports in Oil, Natural Gas Expansion

The United Arab Emirates’ (UAE) plans to build a second LNG export facility and become a regional exporter are gaining momentum as European leaders …
( read original story …)


Posted on 27/04/2022

Al Haramain Group hosts UAE’s largest Iftar Gathering attended by 4,000 Guests including Royal Family Members

Al Haramain Group has a workforce of 3,000 professionals working in 100 showrooms in 12 countries including 1,200 deployed in three factories in the UAE; 2. Al Haramain Perfumes produces 1,300 types …
( read original story …)


Posted on 27/04/2022

Kraken Receives United Arab Emirates License to Operate Crypto Exchange

Kraken, one of the most well known and utilized cryptocurrency exchange and banking platforms in the U.S., recently received its Financial Services Permission (FSP) license from the Abu Dhabi Global …

Posted on 27/04/2022

Rashid Ali bin Obood appointed CEO of public debt management in Dubai’s finance department

Dubai: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, has appointed Rashid Ali bin Obood Al Falasi as the CEO of Public Debt Management …
( read original story …)


Posted on 27/04/2022

Crypto firms will flock to Dubai as UAE crypto regulation guides crypto sector rather than curbs it, says GlobalData

Following the UAE’s regulation within the crypto sector and its moves to develop a crypto hub; Amrit Dhami, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “The …

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