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Month: May 2022

Posted on 19/05/2022

Dubai’s branded residences market posts solid growth

Dubai’s branded residential development sector continues to flourish, even rivalling major global markets such as Miami and New York for completed and pipeline projects, spurred by the investor demand …

Posted on 19/05/2022

Dubai Financial Market to launch trading of Oman Crude Oil futures from June

The contracts will be cash settled and will have a smaller contract size of 100 barrels making them accessible.

Posted on 19/05/2022

Dubai surgeons cure Emirati patient with kidney ailment using ‘Da Vinci Xi’ robot

Robot mimics human wrist, without any shakes, allowing surgeries with increased precision The ‘Da Vinci Xi’ Surgical Robot enables complex surgeries with increased precision and flexibility. Image …

Posted on 19/05/2022

Six trends that make Dubai the go-to destination for branded residences, rivalling New York and Miami

For the global elite, branded residences provides large and opulently serviced homes under the strength and expert care of a leading luxury brand which, in addition to the UAE Government’s recent …

Posted on 19/05/2022

UAE top banks’ profits, margin levels ‘take a hit’ in Q1

The report suggests that the Q1’22 results for most of the banks in the UAE highlighted an increase in profitability, despite lower non-interest income …
( read original story …)


Posted on 19/05/2022

Alvarez & Marsal releases UAE Banking Pulse for Q1 2022

The International Monetary Fund (IMF) has revised the UAE’s gross domestic product (GDP) growth estimates for 2022 from 3.5 percent to 4.2 percent. We anticipate domestic lending to grow on the back …
( read original story …)


Posted on 19/05/2022

UAE’s Sheikh Mohammed takes power as dynasty speculation swirls

As world leaders descended on the United Arab Emirates this week to offer condolences on the death of ruler Sheikh Khalifa, diplomatic circles buzzed with speculation over whether his successor Sheikh …
( read original story …)


Posted on 19/05/2022

Floyd Mayweather shows off incredible spending spree in Dubai Mall as he’s forced to get big convertible to carry it all

BOXING icon Floyd Mayweather showed off his incredible spending spree in a Dubai Mall by getting a convertible to carry his shopping. The 45-year-old is stepping inside the ring in the Middle East …
( read original story …)


Posted on 19/05/2022

394,000 tenancy contracts attested in Sharjah since 2021

Sharjah: Sharjah City Municipality (SCM) recently announced that it has made 48 e-services related to lease contracts and rental regulation available on its website so tenants and landlords can …

Posted on 19/05/2022

Abu Dhabi: Restaurant shut down for flouting food hygiene rules

A popular restaurant in Al Ain has been shut down for flouting food-hygiene rules. Taj Al Manar Restaurant, which is in Al Hayer area of Al Ain, was closed down for posing a danger to public health by …

Posted on 19/05/2022

Abu Dhabi Department of Economic Development and SAP ink MoU to support startups and SMEs

The collaboration will also enhance industry innovation and digital transformation, aid the development of advanced business models, nurture Emirati talent, and foster local digital competencies Abu …

Posted on 19/05/2022

Air Arabia’s Abu Dhabi Subsidiary Will Open Check In Desks In The City

Air Arabia Abu Dhabi is making the process of check-in much more convenient for its passengers by introducing the option of checking in at centers in the city. The low-cost carrier, which is expanding …

Posted on 19/05/2022

Bollywood’s IIFA Awards in Abu Dhabi from June 2-4

While Karan Johar and Parineeti Chopra will host IIFA Rocks, Salman Khan is set to host the grand event alongside Riteis …

Posted on 19/05/2022

Air Arabia offers luggage drop-off and check-in from ‘a location near you’ in Abu Dhabi

Passenger can drop off their bags and collect boarding passes in the capital before heading to the airport Air Arabia offers luggage drop-off and check-in from ‘a location near you’ in Abu Dhabi Abu …

Posted on 19/05/2022

Abu Dhabi’s Borouge to Sell 10% of Shares in IPO, List on ADX

Abu Dhabi National Oil Company (ADNOC) and its Austrian chemicals partner Borealis plan an initial public offering of their petrochemicals joint venture Borouge, the latest step in the Abu Dhabi state …

Posted on 19/05/2022

UAE’s Sheikh Mohammed faces succession choice

As world leaders descended on the United Arab Emirates this week to offer condolences on the death of ruler Sheikh Khalifa, diplomatic circles buzzed with speculation over whether his successor Sheikh …

Posted on 19/05/2022

UAE home cancer test aims to boost early detection and save lives

A home DNA testing kit set to be made available in the UAE could boost early detection rates for one of the most deadly but treatable types of cancer. Scientists have developed a home stool test to …

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