Dubai and Abu Dhabi indexes gained on Thursday as oil prices rose on fears of supply issues, while investors took a breather in Saudi Arabia following a good rally so far this month.
Dubai Police arrest beggar who offered to weigh pedestrians on a weighing scale for just Dh1
The Dubai Police have arrested a beggar who used to offer people a weighing machine to weigh themselves for Dh1. Colonel Ahmed Al Adidi, acting director of Anti-infiltrators at the General Department …
Dubai’s DP World donates Dh10million to UAE’s 1 Billion Meals campaign
DP World’s donation is equivalent to 10 million meals. It is one of several UAE companies that are making a significant financial contribution to the 1 Billion Meals initiative, …
Chrisland’s Dubai five and our digital footprints, By Azu Ishiekwene
The story of the Dubai Five shows that surrendering our lives completely to technology also comes with a heavy price.
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Upside Foods valued at over $1 bln after Temasek, Abu Dhabi Growth Fund-led funding
Upside Foods has raised $400 million in a funding round led by Temasek and Abu Dhabi Growth Fund, valuing the cultivated meat company at over $1 billion, the company said on Thursday.
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Abu Dhabi exhibitor ADNEC lifts economy with Dh2.4b boost in 2021
ADNEC as we achieved a number of major successes and milestones, cementing our positioning at the forefront of the business tourism industry,” …
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Look: First AI-powered MRI machine with high-quality imaging introduced in Sharjah
This new state-of-the-art MRI machine is the only one of its type in the northern emirates and only one of four in the …
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Sharjah Ruler opens 2nd edition of Emirati Book Fair
The event, which runs until April 24, will also showcase works of 970 Emirati authors, offering the public a chance to view titles from 26 publishers, institutions and cultural initiatives …
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UAE freezes assets of Kinahan drug trafficking gang
The United Arab Emirates has frozen the assets of the Kinahan drug trafficking … Tyson Fury, the world heavyweight champion, said this week that the sanctions were “none of my business”. Daniel …
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UAE Business Delegation Back in J&K Tomorrow, to Meet PM Modi in Jammu on Sunday
A 12-member business delegation from the United Arab Emirates (UAE) will arrive by private jet at the Srinagar International Airport on Friday afternoon to explore investment opportunities in India’s …
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DIFC’s Tarabut Gateway becomes UAE’s first regulated Open Banking platform after DFSA grants license
The license marks the first time the DFSA has authorised a firm to provide account information services (AIS) and payment initiation services (PIS) activities DIFC’s Tarabut Gateway becomes UAE’s …
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Dubai’s Emirates NBD reports 18% rise in net profit for Q1 2022
Dubai’s Emirates NBD posted Dhs2.7bn in net profit for Q1 2022, rising 18 per cent year-on-year and 36 per cent quarter-on-quarter. The growth was attributed to Q1 2022 being a record quarter for …
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Dubai dreams: Boxer who slept on streets, had no food to eat, now owns fitness club
Today, I run a fitness club in Dubai that employs several people,” says the young entrepreneur. Alpha said he hopes his story of determination and perseverance could motivate others never to lose …
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UAE Central Bank launches two new banknotes
The Central Bank of the UAE (CBUAE) has launched two new polymer banknotes, in five and ten dirham denominations. The banknotes, which have been enhanced by technical characteristics and security …
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Private School Operator Taaleem Picks Banks for Dubai IPO
(Bloomberg) — Private school operator Taaleem has picked EFG-Hermes and Emirates NBD Bank to lead a planned Dubai initial public offering, according to people with knowledge of the matter. We …
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Abu Dhabi Police Raises Over $30 Million from Largest Auction of its Kind, in Support of 1 Billion Meals
Abu Dhabi Police has managed to raise Dh111 million (around $30.2m) at the second in-person Most Noble Numbers charity auction for special vehicle plate …
Adnec adds $653m to Abu Dhabi economy in 2021
Abu Dhabi National Exhibitions Company (Adnec), a subsidiary of ADQ, has announced its achievements for 2021, with the value of its direct and indirect impact on the Abu Dhabi economy in 2021 …