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Month: June 2022

Posted on 14/06/2022

Coursera Global Skills Report 2022 ranks UAE first globally in business skills

Report calls for workforce leaders to build on the advantage and further strengthen skills proficiency in technology and data science …

Posted on 14/06/2022

UAE bans Buzz Lightyear film over same-sex kiss

Pixar’s Toy Story spin-off Lightyear has been banned from cinemas in the United Arab Emirates because it features a same-sex kiss. Censors announced that the c …

Posted on 14/06/2022

Dubai Ruler opens 54,000m2 Mohammed bin Rashid library built as an AED1 billion ‘cultural beacon’

The Mohammed bin Rashid Library has been described as a ‘new cultural beacon in the region’ and houses more than 1 million printed and digital books Dubai Ruler opens 54,000m2 Mohammed bin Rashid …

Posted on 14/06/2022

Costs of rent in Dubai increasing at the fastest rate since October 2014: report

As of May 2022, average apartment and villa rents stood at AED 83,485 and AED 249,677 per annum respectively Costs of rent in Dubai increasing at the fastest rate since October 2014: report Dubai, …

Posted on 14/06/2022

Dubai real estate crowdfunding platform posts solid growth

SmartCrowd, Dubai’s innovative real estate crowdfunding platform, which allows individuals investors to take a ‘fractional share’ in a rental property, has grown its investor base nearly six times …
( read original story …)


Posted on 14/06/2022

UAE ranked world’s top millionaire destination in 2022 as a ‘powerful magnet for talent and capital’

Approximately 4,000 more millionaires are expected to move to the UAE this year than those who will leave — one of the country’s largest millionaire net inflows on record UAE ranked world’s top …
( read original story …)


Posted on 14/06/2022

Sorbonne University Abu Dhabi celebrated the International Women in Mathematics Day

Sorbonne University Abu Dhabi hosted a hybrid conference from 10:00 AM until 4:00 PM in commemoration of International Women in Mathematics Day. The conference was organised by Dr Lama Tarsissi, …
( read original story …)


Posted on 14/06/2022

Passport Legacy shares UAE industry insights for H1 2022

As a melting pot of both business and tourism, it makes sense that many nationalities would want to take advantage of Dubai’s highly beneficial tax incentives, premium healthcare facilities and …
( read original story …)


Posted on 14/06/2022

Crypto Entrepreneur Backs Terra Relaunch Amid Skepticism, Says Price Collapse Will Foster Institutional Adoption

Crypto custodian Hex Trust says the recent meltdown of stablecoin … Hex Trust, for its part, is now busy setting up a new regional hub in Dubai, Quaglini said. The expansion plan comes after Dubai …

Posted on 14/06/2022

UAE humid weather: Expect light rainfall in Fujairah, mercury to hit 46°C

Dubai: The weather across the UAE will be hot and humid today. While it will be sunny across most parts of the country, Fujairah will see cloudy skies with a chance of light rainfall at times.

Posted on 14/06/2022

UAE: Gold near 4-week low; 24K drops to Dh221 per gram

The dollar rallied on bets for steep US Federal Reserve interest rate hikes, eroding the appeal of bullion and other precious metals …

Posted on 14/06/2022

Indian rupee recovers against UAE dirham after hitting all-time low

The Indian rupee rebounded from its all-time low level and inched higher by 2 paise to 78.02 against the US dollar (21.25 versus the UAE dirham) in opening trade on Tuesday. At the Indian interbank …

Posted on 14/06/2022

Bali, Malaysia strong contenders for UAE travellers’ summer plans, but Europe lags

But airfares to popular summer destinations will be at 2-year highs Dubai: Bali and Malaysia are emerging as strong contenders for UAE travellers this summer despite flight ticket rates rising to …

Posted on 14/06/2022

Intelligent EV Company NWTN to Establish Its Manufacturing Base in UAE

The intelligent electric vehicle (EV) company NWTN announced its partnership with Sultan Investments in establishing an EV SKD assembly base in Khalifa Industrial Zone Abu Dhabi (KIZAD), which will …

Posted on 14/06/2022

UAE’s EWEC to conduct 4th Clean Energy Certificates Auction today

CECs provide Abu Dhabi entities an empowering pathway to achieve their desired sustainability goals by guaranteeing the zero carbon origin of their clean electricity consumption, while also enabling …

Posted on 14/06/2022

Dubai: Man fined Dh5,000, imprisoned for impersonating CID officer

A 39-year-old was fined Dh5,000 and sentenced to three years in prison for impersonating a CID officer, and harassing a security guard. The security guard said that he was taking a walk around his …

Posted on 14/06/2022

Unique rally by men in ‘kanduras’ to feature 100 supercars in Dubai

Participants to don traditional Arab attire for parade on July 2 Dubai: A rally of 100 supercars by men in kanduras will be held in Dubai on July 2. With free entry for visitors, the rally, held in …

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