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Month: June 2022

Posted on 18/06/2022

Mideast’s Largest Crypto Platform Trims Staff Amid Market Tumult

BitOasis, the Middle East’s largest local crypto platform, reduced its headcount by about 7% this past week, the latest sign of stress at some of the region’s biggest digital-asset exchanges.

Posted on 18/06/2022

Temperature touches almost 50°C in UAE, slight tremor in Sharjah

The lowest temperature in the country was recorded on Saturday morning in Barakah, Al Dhafra region, which reached 22.3°C at 06:00 am, while the highest temperature touched 49.8°C in Suwaihan area at …

Posted on 18/06/2022

Central Souq, Sharjah: Celebrating global cultures and people with rare carpets

Some of them are in the form of paintings and wall carpets. Image Credit: Supplied Sharjah: It’s a new day and carpet trader Firas Al-Omari looks forward to good business ahead. His was the …

Posted on 18/06/2022

Nakheel Floats Tenders for Major Dubai Shopping Mall

dining and entertainment destination at Dubai’s increasingly popular residential area of Nad Al Sheba. Part of Nakheel Malls’ Dh16-billion ($4.4 billion) expansion, the Nad Al Sheba Mall will …
( read original story …)


Posted on 18/06/2022

Apparel Group inaugurates famous Jamie’s Italian at Dubai Mall

The crowd even had the chance to see Jamie’s phenomenal skills as he donned his pristine chef’s whites, serving up delicious croquettes and risotto.
( read original story …)


Posted on 18/06/2022

Rain in Al Ain as Abu Dhabi Police urge caution on the roads

Abu Dhabi Police called on motorists to “exercise caution” on the road after a weather alert over the prospect of rain and dust storms was issued. The National Centre of Meteorology said visibility …

Posted on 18/06/2022

UAE President’s $50 bn investment announcement for climate action efforts a new milestone, says Almheiri

Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, stated that the announcement made by President His Highness Sheikh Mohamed bin Zayed Al Nahyan of plans to invest an …

Posted on 18/06/2022

UAE: Light rains as temperature almost touches 50°C

The highest recorded temperature in the UAE on Saturday was 49.8°C, with light showers reported in some areas. According to the National Center of Meteorology, the sweltering temperature was recorded …

Posted on 18/06/2022

Dubai rents increasing at the fastest rate in eight years, says study

A recent survey revealed that residential rents in Dubai are increasing at the fastest rate since late 2014. The total volume of transactions in Dubai’s residential market reached 5,542 in May 2022, …

Posted on 18/06/2022

Odisha CM Naveen Patnaik to meet Pope Francis in Vatican, potential investors in Dubai during 11-day foreign trip

Odisha Chief Minister Naveen Patnaik will begin an 11-day trip abroad on Monday during which he will meet Pope Francis in Vatican City and potential investors in Dubai, a statement said on Saturday.

Posted on 18/06/2022

Molly-Mae Hague and Tommy Fury ‘pick out £220k diamond engagement ring’ in Dubai

Former Love Island favourites Molly-Mae Hague and Tommy Fury have fuelled further engagement rumours as the pair are reported to have picked out a £220k diamond engagement ring’ in Dubai …

Posted on 18/06/2022

Naveen Patnaik to meet investors in Dubai, Pope in Vatican

Odisha Chief Minister Naveen Patnaik will begin an 11-day trip abroad on Monday during which he will meet Pope Francis in Vatican City and potential investors in Dubai, a statement said on Saturday.

Posted on 18/06/2022

Extra $50 billion to scale up climate action is another ‘milestone’ for UAE

Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, was commenting on President Sheikh Mohamed bin Zayed’s recent announcement at a global forum Extra $50 billion to scale …
( read original story …)


Posted on 18/06/2022

The impact of the UAE Digital Economy Strategy

In line with the UAE Digital Economy Strategy, what kind of changes can we expect to witness in the engineering sector? Will this strategy push stakeholders to adopt to technology now more than ever?
( read original story …)


Posted on 18/06/2022

Abu Dhabi: Surgeons remove tumour from skull, save woman’s eyes

Surgeons at a private hospital in Abu Dhabi have successfully removed a benign meningioma tumour from the skull base of an Egyptian expat woman to save her eyesight. Husna Ahmed Mohamed, a mother of …
( read original story …)


Posted on 18/06/2022

Minor earthquake recorded in Sharjah

A minor earthquake was recorded in Sharjah on Saturday afternoon.The 2.4 magnitude quake occurred shortly before 3.30pm on Saturday in the town of Al Bataeh, the National Centre of Meteorology said.It …
( read original story …)


Posted on 18/06/2022

Crypto hedge fund Three Arrows looks at potential insolvency after liquidations: The Block

Cryptocurrency hedge fund Three Arrows Capital has incurred at least $400M in liquidations in a move that could lead to potential insolvency, according to three people familiar …
( read original story …)


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