DEWA shares were up 0.7%. Gains in the real estate sector were offset by losses in financials. Abu Dhabi’s index (.FTFADGI) was down 0.3%. Qatar’s benchmark index (.QSI) slipped 0.2%, extending losses …
UAE: 9 tips to save on groceries as food costs increase
One retailer attributed the increase in food prices in the UAE to higher transportation and packaging costs. As residents look for ways to cut down on grocery costs, Vignesh Sivak …
Ukrainians in UAE offered one-year residency visas
The embassy of Ukraine in the UAE took to its official page on Facebook recently to confirm that Ukrainians within the country would be able to apply for a one-year residency permit to remain in the …
UAE: Dust alert issued; 40kmph winds to kick up sand
Authorities in the UAE are urging motorists to drive cautiously as strong winds are kicking up dust in different parts of the country. The Ministry of Interior cautioned motorists to adhere to the …
Demand for Dubai luxury homes outpaces market supply to hit an all-time high as Covid subsides
The influx of millionaires into Dubai post-pandemic has boosted demand in the luxury property market, which will now witness the dawn of several new luxury real estate projects to overcome the lack of …
Dubai helped me to keep an open mind, says singer-songwriter Sarah Machlab
Dubai-based Lebanese artist Sarah Machlab has tapped into themes of spring and rebirth for her second album, Simple. The 14-track album blurs the lines between alternative and electronic genres with …
How India’s inflationary pressures will affect NRI savings, investments
India’s economy is combating a price spiral, and markets too turn volatile Dubai: Inflationary rises in the Indian economy is starting hurt consumers and investors – with NRIs facing uncertain …
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Dubai Leads The Way as Middle East Becomes Crypto Hotbed
Dubai is welcoming global crypto exchanges with open arms. Binance plans to bring crypto to the next generation. Restrictions in Asia and the West could drive crypto companies to the Middle East …
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Presence of mind saves woman in Dubai from new type of online banking fraud
Image Credit: Supplied Dubai: A Dubai-based woman was recently saved from falling victim to a new type of online banking fraud, largely because of her presence of mind and acting with caution.
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Mideast Stocks: Abu Dhabi, Qatar edge lower; sentiment muted in Dubai
Dubai’s main share index was flat, after rising 1.7% in the previous week following Dubai Electricity and Water Authority’s (DEWA) stellar debut. DEWA shares were up 0.7%. Gains in the real estate …
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Indian rupee slumps against UAE dirham at opening of the market
The rupee hit 20.82 against Emirati dirham on Monday morning Agencies file by A Staff Reporter Published: Mon 18 Apr 2022, 9:59 AM The In …
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Crypto startup plans Sharia-compliant use of digital assets for expansion into the Islamic world
Fasset has been working with prolific Islamic finance jurists and thought-leaders to educate the masses on how Muslims can interact with crypto in a Sharia-compliant manner, the co-founder and CEO …
Ramadan 2022: Sharjah Police, Emirates Red Crescent distribute iftar meals to motorists
Lieutenant Colonel Mohammed Al Dhahouri, Head of the Public Relations Department of Sharjah Police, said: “The distribution of iftar meals is one of the annual initiatives organ …
Buying cheaper options, shopping online; how UAE residents are cutting costs as food prices rise
Shopping online, swapping cost-efficient ingredients, reducing takeaways or eating out, and hunting for deals and discounts are just some ways UAE residents are looking to pinch t …
UAE: Commercial rents return to pre-Covid level in Dubai and Abu Dhabi
“Despite the quieter end to 2021, early data from Q1 suggests a rebound in demand in Dubai, led by technology businesses that are expanding their footprints, albeit many are start-ups,” said Faisal …
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Lipton tea’s new owner wants to win back dominance of Middle East markets – its Dubai hub will help
Through the decades, the Lipton brand had been a constant in the UAE and other Middle East markets, all of which are heavy on the tea uptake. The Dubai base became operation in De …
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Remit or hold? Indian rupee is expected to drop further against the UAE dirham this week
Dubai: The Indian rupee recorded remittance-beneficial rates against the US dollar and the UAE dirham these past days, and forex analysts are flagging further currency weakness this week, giving hope …
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