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Month: June 2022

Posted on 24/06/2022

UAE President, Jordan’s King Discuss Cooperation, Joint Work

United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan held talks with Jordan’s King Abdullah II in Abu Dhabi on Thursday. Talks focused on brotherly relations and the means of bolstering …

Posted on 24/06/2022

Dubai’s tourism recovery will welcome 6.17 million international visitors

The latest tourism data was revealed by Dubai’s Department of Economy and Tourism at its first ‘City Briefing’ for 2022, a bi-annual event …

Posted on 24/06/2022

Accepting crypto in any business with almost zero coding — 0xpay becomes a new PayPal for crypto

United Arab Emirates, 23rd Jun 2022, King NewsWire, Ignorance of crypto becomes harder and harder everyday! Big companies admit that they can’t just miss out 300M of wealthy crypto-users. Such brands …

Posted on 24/06/2022

UAE weather: Hot and dusty in Abu Dhabi, Dubai, Sharjah, and chance of light rainfall in Fujairah, mercury to hit 49°C

Relatively calm seas in the Arabian Gulf and moderate in Oman sea Dubai: Got dust allergies? It’s better to stay indoors, as the National Centre of Meteorology (NCM) has issued dust alert over …

Posted on 24/06/2022

UAE ranked first regionally, 19th globally in attracting FDI

UAE attracted foreign investments to various sectors and vital economic activities, with the oil, gas and energy sector accounting for 59 percent of it …

Posted on 24/06/2022

One dead, another injured in Abu Dhabi building fire

Cooling underway after Civil Defence teams bring blaze under control Abu Dhabi: One man died and another was injured in a fire that broke out in a building in Al Dana area of Abu Dhabi on Thursday …

Posted on 24/06/2022

UAE dual-tranche USD dollar bond issuance oversubscribed by 5 times

The UAE Ministry of Finance, has successfully closed its offering of a US dollar-denominated dual-tranche sovereign bond package, which is comprised of medium and long-term tranches: a 10-year tranche …
( read original story …)


Posted on 24/06/2022

Tourism to Dubai up nearly 200% this year

Tourist visits to Dubai are way up so far this year. The Dubai Media Office said today that there were 6.17 million international “overnight” visitors from January to May 2022 …

Posted on 23/06/2022

UAE: Five planets and Moon to align in rare celestial spectacle early Friday morning after 18 years

Hasan Al Hariri, CEO-Dubai Astronomy Group … A planetary alignment/parade occurs when our Solar System’s planets appear to line up at the same ascension level in the night sky, as seen …
( read original story …)


Posted on 23/06/2022

Launch of EV vehicles in Dubai

Japanese firm, ARK motors, has launched a new range of electric vehicles (EV) during the day-long Hi-Tech AddVantage Summit 2022 held at Armani Hotel, Burj Khalifa, Dubai.
( read original story …)


Posted on 23/06/2022

Dubai free zone operator Tecom set to price IPO at top of the range

Image Credit: WAM Dubai: Tecom Group is set to price its initial public offering at the top of the range, signaling continued strong demand for listings in the Middle East. Dubai’s government …
( read original story …)


Posted on 23/06/2022

Dubai free zone operator Tecom set to price IPO at top of range

Tecom’s IPO is the second of 10 planned privatizations as part of Dubai’s plans to deepen its capital markets. The first of these share sales, Dubai Electricity & Water Authority’s (DEWA …
( read original story …)


Posted on 23/06/2022

Voyager in distress as 3AC fails in paying the loan back

Voyager Digital, the crypto broker recently announced a loan of $200 million from Alameda ventures. Amidst the announcement, the crypto broker also publicized the loan that they had given to the hedge …
( read original story …)


Posted on 23/06/2022

Solar partly powering world’s largest reverse osmosis desalination plant

ACWA Power and Emirates Water and Electricity Co. (EWEC) have commissioned the first phase of the Al Taweelah Independent Water Plant in the United Arab Emirates. The facility, which can produce more …
( read original story …)


Posted on 23/06/2022

UAE ranks first in Arab world, 19th globally in attracting FDIs

The UAE was placed in the first position among the Arab countries and 19th globally in attracting foreign direct investments (FDIs), as per the World Investment Report 2022 published by the United …
( read original story …)


Posted on 23/06/2022

Immersive art, waves of light: Abu Dhabi’s new cultural destination announced

A 17,000sqm cultural destination offering community members a unique experience to inspire and ignite curiosity, imagination and creativity will be the latest offering at Saadiyat Island in Abu Dhabi.

Posted on 23/06/2022

President Sheikh Mohamed welcomes Jordan’s King Abdullah to Abu Dhabi

King Abdullah II of Jordan arrived in Abu Dhabi on an official visit on Thursday. He was welcomed by the President, Sheikh Mohamed, at Abu Dhabi International Airport. Also in attendance were Sheikh …

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