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Month: May 2022

Posted on 11/05/2022

Video shows rendition of Hindu temple being built in UAE, not Saudi Arabia

A video has been shared repeatedly on Facebook and YouTube alongside a claim it shows the first Hindu temple in Muslim-majority Saudi Arabia. But the clip has been shared in a misleading context; it …

Posted on 11/05/2022

UAE minister arrives in Delhi to explore opportunities under CEPA deal

Abdulla bin Touq, Minister of Economy, has arrived in Delhi with a high-level delegation to explore prospects of joint investments under the newly inked economic partnership with India. India and the …

Posted on 11/05/2022

Now in spotlight, Dubai Jews struggle for public synagogue

The fast-growing population of Jewish immigrants to the United Arab Emirates may feel freer than ever to express their identity in the autocratic Arab sheikhdom, which has sought to brand …

Posted on 11/05/2022

Dubai welcomes 3.97 million overnight visitors in Q1 2022

Dubai received 3.97 million overnight visitors in Q1 2022, up from 1.27 million visitors welcomed during the corresponding period last year, representing a 214 per cent year-on-year visitation growth.

Posted on 11/05/2022

PropertyDigger makes it easier to search properties for rent and sale in Dubai, UAE

The much-talked-about real estate vertical search engine has seen many real estate investors and enthusiasts searching for the best properties in Dubai.
( read original story …)


Posted on 11/05/2022

Dubai’s prime residential values surge 59%

The Palm Jumeirah and Emirates Hills continue to cement their iconic status, with global buyers continuing to jostle for an address in Dubai’s most exclusive enclaves. Villa …
( read original story …)


Posted on 11/05/2022

UAE’s Higher Colleges of Technology becomes world’s first to achieve QS 5-Star rating

Image Credit: Supplied Dubai: The Higher Colleges of Technology (HCT) has become the first higher education institution in the world to achieve a 5-Star rating in the Quacquarelli Symonds’ (QS …
( read original story …)


Posted on 11/05/2022

UAE’s Higher Colleges of Technology gets 5-star ESG, online learning ratings

The UAE’s Higher Colleges of Technology (HCT) has become the first university to achieve a 5-star environment, sustainability and governance (ESG) rating. The rating was granted by Quacquarelli …
( read original story …)


Posted on 11/05/2022

Abu Dhabi investment firm Alpha Dhabi sees net profit increase of Dh2b+ in Q1-2022

Alpha Dhabi’s revenues were up by a spectacular 700% to Dh8.17b Dubai: Alpha Dhabi, the real estate investment company and one of Aldar’s biggest shareholders, pulled out a Dh2.84 billion net …
( read original story …)


Posted on 11/05/2022

Sharjah teen jumps to his death from 12th-floor apartment

Sharjah: A 15-year-old Syrian boy died on the spot after he jumped off the 12th floor of a residential building in the Al Tawain area of Sharjah early last Sunday morning. Initial …
( read original story …)


Posted on 11/05/2022

UAE’s first special purpose acquisition company to open IPO subscription period on 12 May

The company aims to raise $99 million (AED 367 million) through its IPO listing. ADC will float 36.7 million shares on ADX with an offer price of AED 10 per share. UAE’s first special purpose …
( read original story …)


Posted on 11/05/2022

Foreign Investors Fail To Remit Rs 449 Crore For LICs Anchor Book, Domestic Funds Step In

Domestic mutual funds pitched in to bridge the gap in Life Insurance Corporation (LIC) of India’s anchor book as a marquee foreign institutional investor could not remit the money to India due to …
( read original story …)


Posted on 11/05/2022

Wio makes new appointments after receiving UAE Central Bank license

Wio Bank PJSC, established recently in the UAE, has announced the appointment of His Excellency Salem Al Nuaimi as Chairman of the …
( read original story …)


Posted on 11/05/2022

Sharjah Tourism highlights major projects and future plans at ATM

UAE – Sharjah Tourism highlighted the tremendous progress made by the emirate in hospitality sector at the Arabian Travel Market (ATM), even as officials announced new projects towards enhancing its …

Posted on 11/05/2022

Abu Dhabi Yahsat Q1 net profit rises 26% to $20mln

Abu Dhabi’s Al Yah Satellite Communications Company (Yahsat) has posted a profit of 73.8 million dirhams ($20 million) for the first quarter of 2022, up by 26 percent y-o-y. In a filing on Wednesday …

Posted on 11/05/2022

Abu Dhabi Distribution Company Partners With Carrefour To Expand Green Corner Initiative

Abu Dhabi Distribution Company Partners with Carrefour to Expand Green Corner Initiative . A Green Corner pilot at Carrefour Al Saqr will help guide cus …

Posted on 11/05/2022

Abu Dhabi-listed Waha Capital’s first-quarter profit surges 32%

Profit attributable to the owners of the company for the first three months of the year jumped to Dh147 million ($40m) from the same period a year earlier, the company said in a filing to Abu Dhabi …

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