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Month: June 2022

Posted on 30/06/2022

Dubai property: More people opting to buy plots to build homes

With property prices touching new highs, more people are opting to buy plots and build their own custom-made homes rather than buying readymade houses from developers. “It is a very viable option for …
( read original story …)


Posted on 30/06/2022

Dubai builds maps for first driverless cabs

Dubai is preparing to launch its first fleet of “self-driving” taxis in 2023. Vice President Sheikh Mohammed bin Rashid, who announced the plan in May, has set a target of 25% of Dubai journeys to be …
( read original story …)


Posted on 30/06/2022

Abu Dhabi to invest $2.72bn to double manufacturing sector by 2031

Khushnum Bhandari The Abu Dhabi skyline. Khushnum Bhandari / The National . The Abu Dhabi government will invest Dh10 billion ($2.72bn) across six industrial programmes to more …
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Posted on 30/06/2022

Etihad to launch weekly flights from Abu Dhabi to Beijing from July 6

Today marks a significant moment in Etihad’s history as passenger flights resume to Beijing for the first time in over 800 days,” said Tony Douglas, Group CEO, Etihad Aviation Group. “The direct …
( read original story …)


Posted on 30/06/2022

Minister Subianto visits Zayed Military University in Abu Dhabi

Minister of Defense of the Republic of Indonesia Prabowo Subianto began his working visit to the United Arab Emirates (UAE) with a tour of Zayed Military …
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Posted on 30/06/2022

Yas Island and Department of Culture and Tourism Abu Dhabi host a Mega FAM with Indian travel agents for the 22nd IIFA

Experience Hub, the trade and promotion arm of Yas Island Abu Dhabi and a subsidiary of Miral and Department of Culture and Tourism Abu Dhabi (DCT) partnered to host 45 Indian leisure and MICE travel …
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Posted on 30/06/2022

UAE to allow public joint-stock companies with minimum 51% national capital contribution to act as commercial agents

The new provision will be part of the new draft federal law on the regulation of commercial agencies, says minister of economy UAE to allow public joint-stock companies with minimum 51% national …
( read original story …)


Posted on 30/06/2022

Amazon blocked more than 150 LGBTQ-related search keywords in the UAE after the government threatened the company

Insider found no results for broad search terms such as “lgbtq,” “pride,” and “queer” on Amazon.ae as of Thursday.
( read original story …)


Posted on 30/06/2022

A Dubai blockchain investment firm is revolutionising Hollywood with NFTs

Now, we are at the forefront of innovation as consumers watch  their entertainment, Hollywood is poised for its Web3 adaptation, and a fast growing company in Dubai is steering the charge …

Posted on 30/06/2022

Abu Dhabi fund, GIP to buy $7.4 billion German railcar lessor VTG

ADIA is one of the world’s biggest sovereign wealth funds, which invests on behalf of the Abu Dhabi government Abu Dhabi fund, GIP to buy $7.4 billion German railcar lessor VTG Abu Dhabi Investment …

Posted on 30/06/2022

Long-serving manager of historic Abu Dhabi social club retires

It is a momentous occasion when the retirement of the general manager of Abu Dhabi’s oldest social club comes in the same year as its 60th anniversary.The Club in Mina Zayed was founded in 1962 and …

Posted on 30/06/2022

Horner concedes Masi made a mistake in Abu Dhabi

Christian Horner has admitted race director Michael Masi made a mistake during the final race of the 2021 season.

Posted on 30/06/2022

UAE’s MoF extends to July 20 RFI report submission deadline

MoF pointed out that the Automatic Exchange of Information Portal related to reports pertinent to FATCA and CRS requirements is now available at MoF’s website …

Posted on 30/06/2022

The real metric of economic diversification shows how far the UAE has come

The decrease in the breakeven external oil price paints a very strong economic picture for the UAE The real metric of economic diversification shows how far the UAE has come clean energy, diversify …

Posted on 30/06/2022

UAE minister goes to Florida, talks investment in tourism, healthcare

Florida exported over $1 billion of goods to the UAE in 2021, making it one of the top 10 states exporting to the Gulf country UAE minister goes to Florida, talks investment in tourism, healthcare …

Posted on 30/06/2022

Time to buy: Gold prices drop below Dh220 per gram in UAE

Spot gold was down at $1,816.06 per ounce by 9.16 am UAE time, down by 0.15 per cent. In the UAE, precious metal dropped below Dh220 per gram at the opening of the market on Thurs …

Posted on 30/06/2022

Indian rupee recovers after falling to record low against UAE dirham

The Indian rupee recovered from its record low on Thursday and appreciated 13 paise to 78.90 against the US dollar (21.5 versus the UAE dirham). At the Indian interbank foreign exchange, the rupee …

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