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Month: June 2022

Posted on 10/06/2022

Mideast Stocks: Abu Dhabi index extends losses, Dubai edges up

In Abu Dhabi, the index ended 0.2% lower, extending losses to a straight eighth session. It fell 2.1% for the week. The country’s largest lender First Abu Dhabi Bank eased 0.1%, w …
( read original story …)


Posted on 10/06/2022

Sharjah Sustainability City to reduce energy and water bills by 50 per cent

On the outskirts of Sharjah, bordering Dubai, an environmental leap is being taken with the construction of Sharjah Sustainability City, a 1,250-villa development that will be powered by the sun. The …
( read original story …)


Posted on 10/06/2022

Dubai accelerates Diamond industry growth with USD 11bln traded in Q1 2022

Total value of rough and polished diamonds traded in the UAE reached USD 11 billion in Q1 2022, up 36% year-on-year …
( read original story …)


Posted on 10/06/2022

UAE wealth fund ADIA takes 20% stake in Indian home finance firm

A wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has taken a 20 percent stake in an Indian home finance company for an investment …
( read original story …)


Posted on 10/06/2022

UAE reports 1,084 Covid-19 cases, 876 recoveries

The UAE’s Ministry of Health and Prevention has reported 1,084 Covid-19 cases on June 10. The daily rise in cases has crossed the 1,000 mark for the second consecutive time, after the country’s health …

Posted on 10/06/2022

UAE artists showcase traditional crafts in France

The artists are part of the Révélations International Biennial of Crafts and Creation As part of the UAE’s efforts to showcase the stunning arts and culture the country has to offer, artists from the …

Posted on 10/06/2022

Dubai on course for another record year of rough, polished diamonds

Much of these gains was led by 80% spike in value of traded polished diamonds Dubai: Dubai is on track to retain its status as the world’s leading hub for rough diamond trade, with the first …

Posted on 10/06/2022

Smart Police Station in Dubai’s Al Muraqqabat welcomed 420,000 visitors in 2021

The automated station conducted 25,044 transactions and welcomed 420,000 visitors to emerge the busiest SPS last year. This was revealed during an inspection visit to Al Muraqqabat Police Station by …

Posted on 10/06/2022

Dubai International’s runway overhaul is on track for completion in June

The programme aims to renovate the runway and its supporting systems, to enhance the Dubai International Airport’s safety, operational efficiency, and overall capacity . Dubai International’s runway …

Posted on 10/06/2022

USH reports 25% of Dubai homebuyers seek spaces that bolster mental health

According to USH, homebuyers in Dubai are increasingly pursuing thoughtful layouts and wellness-focused designs. USH reports 25% of Dubai homebuyers seek spaces that bolster mental health. dubai, …
( read original story …)


Posted on 10/06/2022

Abu Dhabi Investment Authority Buys 20% Stake In IIFL Home Finance For Rs 2,200 Crore

And we decided to tell its story from the point of view of an old mermaid. We decided to make the mermaid speak to us. The Abu Dhabi Investment Authority (ADIA) has picked up a 20 per cent stake in …
( read original story …)


Posted on 10/06/2022

Abu Dhabi Investment Authority Buys 20% Stake In IIFL Home Finance For Rs 2,200 Crore

And we decided to tell its story from the point of view of an old mermaid. We decided to make the mermaid speak to us. The Abu Dhabi Investment Authority (ADIA) has picked up a 20 per cent stake in …
( read original story …)


Posted on 10/06/2022

Abu Dhabi: Emergency response tips every resident should be aware of

Whether it is a small house fire or an accidental drowning, Abu Dhabi’s official online government portal – tamm.Abudhabi – has provided detailed tips for possible home emergencies that can help save …
( read original story …)


Posted on 10/06/2022

Abu Dhabi: Emergency response tips every resident should be aware of

Whether it is a small house fire or an accidental drowning, Abu Dhabi’s official online government portal – tamm.Abudhabi – has provided detailed tips for possible home emergencies that can help save …
( read original story …)


Posted on 10/06/2022

Oman and Abu Dhabi funds buy into Crusoe’s gas-powered data centers for oil wells

Oman and Abu Dhabi investors are planning to buy container data centers from Crusoe Energy Systems, powered by otherwise-wasted natural gas. Oman Investment Authority (OIA) and Mubadala Investment …
( read original story …)


Posted on 10/06/2022

Oman and Abu Dhabi funds buy into Crusoe’s gas-powered data centers for oil wells

Oman and Abu Dhabi investors are planning to buy container data centers from Crusoe Energy Systems, powered by otherwise-wasted natural gas. Oman Investment Authority (OIA) and Mubadala Investment …
( read original story …)


Posted on 10/06/2022

Reduced crime, road deaths: Abu Dhabi Police to make city among the world’s safest

The Abu Dhabi Police have reduced crime rates, decreases road fatalities and improves people’s welfare through measures it takes. According to them, investment in basic, proactive, and preventive …
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