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Month: June 2022

Posted on 06/06/2022

CBUAE’s Annual Report for 2021 underlines the UAE’s continued economic recovery and increase financial sector resilience

Through the annual report, the CBUAE expressed its pride in its vital role in promoting the country efforts to contain the financial and economic challenges caused by the Covid-19 pandemic by applying …
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Posted on 06/06/2022

DP World and CDPQ Announce US$5 billion Investment in Strategic Assets in the UAE

DP World, a global infrastructure-led supply chain solutions provider, and CDPQ, a global investment group, announced today an investment of US$5 billion (CA$6.3 billion) in three of DP World’s …
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Posted on 06/06/2022

UAE launches free ‘Ajyal Schools’ supervised by top educators

Vice President Sheikh Mohammed says the schools will initially target 14,000 students Dubai: The UAE on Monday launched ‘Ajyal (Generations) Schools’, the first of the country’s educational …

Posted on 06/06/2022

Coronavirus: UAE reports 579 Covid-19 cases, 476 recoveries, no deaths

The UAE Ministry of Health and Prevention on Monday reported 579 cases of the Covid-19 coronavirus, along with 476 recoveries and no deaths.Over 163.4 million PCR tests have been conducted in the …

Posted on 06/06/2022

Scan Global Logistics continues expansion with new UAE business

Scan Global Logistics (SGL) has opened a wholly-owned business in Dubai, taking advantage of the new no-local sponsor regulation. The company had …

Posted on 06/06/2022

Canada fund invests $5 billion in DP World’s Dubai home base

International port operator DP World said on Monday it sold a stake in its home base, the Jebel Ali Port, and other flagship assets to one of Canada’s largest pension funds for $5 billion, expanding …

Posted on 06/06/2022

Dubai Airports to Divert 60% of DXB’s Waste from Landfills by Mid-2023

Dubai Airports announced a new waste management initiative that will keep 60 percent of all waste from Dubai International (DXB) from entering landfills by the middle of 2023.The treatment plan …

Posted on 06/06/2022

Dubai’s Emirates airline starts electric bus trial

Dubai-based airline Emirates is focusing on doing its bit for … They have been replaced with digital menus that passengers can read on their phones via on board WiFi, reducing paper consumption and …
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Posted on 06/06/2022

Dubai residential property market transactions reach AED61.9bn despite inflation concerns

UAE’s diversified imports strategy, steps to boost its food security among the reasons for ‘cautious optimism’ when it comes to economic growth Dubai residential property market transactions reach …
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Posted on 06/06/2022

Resonating with Dubai’s Ambitious Spirit

Designed by Japanese architectural firm Nikken Sekkei, the twin towers symbolise the familial bond between father and son …
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Posted on 06/06/2022

Abu Dhabi archaeology: The ancient wonders found in the Arabian desert

While the UAE is becoming famous for its modern skyscrapers, it’s also home to historical treasures dating back thousands of years.

Posted on 06/06/2022

2022 IIFA Awards: Winners and other glitzy highlights from Abu Dhabi

Hair-raising performances, rib-tickling banter, and a celebration of some of the best Bollywood movies marked the 2022 edition of the popular IIFA awards. Held in Abu Dhabi, the ceremony saw …

Posted on 06/06/2022

Abu Dhabi’s Multiply Group included in FTSE Global Equity Index Series

Multiply Group, an Abu Dhabi technology-focused investment holding company, has been added to the FTSE Global Equity Index Series (FTSE GEIS) Mid Cap Index. The inclusion announced by FTSE Russell in …

Posted on 06/06/2022

Abu Dhabi prioritises MICE sector with key launch at IMEX Frankfurt

Abu Dhabi (DCT Abu Dhabi) has launched an enhanced Advantage Abu Dhabi Meetings & Incentives 2.0 programme at IMEX Frankfurt to further stimulate the MICE sector in the emirate post-pandemic.

Posted on 06/06/2022

Australia, UAE to play off for a spot in a World Cup playoff

For Australia, it’s a last-ditch double-shot for a place at a fifth straight World Cup. For the United Arab Emirates, it’s a chance to get one match closer to a first World Cup appearance since its …

Posted on 06/06/2022

UAE T20 league announces early-2023 window, set for clash of dates with BBL, BPL and CSA league

Player availability likely to be an issue, with the tournament now scheduled to take place from January 6 to February 12 next year …

Posted on 06/06/2022

UAE President orders completion of pending housing grant applications

He has ordered the completion of all housing grant applications through the Sheikh Zayed Housing Programme, at a total cost of around Dhs2.3b …

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