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Month: July 2022

Posted on 29/07/2022

UAE Central Bank announces more sanctions

The Emirates is seeking to improve its record on financial transparency after being implicated in money laundering and sanctions evasion controversies.
( read original story …)


Posted on 29/07/2022

UAE President’s steps to boost family welfare laudable, says Sharjah Ruler

Sheikh Sultan valued the generous directives and continuous follow-up of President Mohamed Bin Zayed to the social sector, which affirms his keenness on the stability of the Emirati human being and …

Posted on 29/07/2022

UAE’s ADNOC acquires majority stake in TotalEnergies Egypt for $203 mln

ADNOC Distribution, the UAE’S largest fuel and retail distributor, signed on Thursday an agreement to acquire an over 50 percent stake in TotalEnergies Egypt in a deal worth $186 million, with an …

Posted on 28/07/2022

Hijri New Year: Free parking announced in Sharjah for Islamic New Year

Sharjah Municipality has announced that public parking will be free of charge on the 1st of Muharram on account of the Islamic Hijri New Year. Sharjah: Sharjah Municipality has announced that public …

Posted on 28/07/2022

Abu Dhabi realty deals hit Dhs22.51b as UAE firm announces sales day

During the first six months of this year, “Reportage Properties” organised 4 successful sales events, during which the sales team managed to sell 197 housing units, with a total value of Dhs179 …

Posted on 28/07/2022

Hijri New Year: Free parking announced in Sharjah

Sharjah Municipality announced free parking on Muharram 1 on the occasion of Hijiri New Year (1444H).This decision excludes the parking zones that are subject to fees throughout the week, including …

Posted on 28/07/2022

Sharjah offers free public parking spaces on Hijri

A spokesperson for Sharjah City Municipality said the municipality was keen to provide parking spaces to residents and visitors during the holiday, especially in vital areas and i …

Posted on 28/07/2022

Abu Dhabi Business Centre adds 126 new activities under Tajer category to support SMEs

Tajer Abu Dhabi permits micro, small and medium-sized enterprises (MSMEs) to obtain a trade licence without the need to work from a physical location or having to pay rent on commercial space for …

Posted on 28/07/2022

Submerged cars, mosques; flooded streets: Photos show impact of torrential rains in UAE

Emergency workers on Thursday rescued people in boats and carried children on shoulders as torrential rain lashed UAE and flooded homes, submerged streets, and swept vehicles away. Torrential rains …

Posted on 28/07/2022

UAE rains: Residents urged to stay away from valleys, dams when weather alerts are issued

UAE residents must stay away from valleys and dams when alerts for unstable weather are issued by the authorities, a top official has said. Since the beginning of the current weather deluge, the …

Posted on 28/07/2022

Watch: Authorities, emergency teams and volunteers join hands to rescue people from rain-affected areas in UAE

As heavy rains continued to lash the northern and eastern regions of the UAE on Thursday, authorities, emergency teams and volunteers from across the emirates made concerted efforts to rescue and …

Posted on 28/07/2022

UAE Central Bank imposes financial sanctions on 6 banks operating in country

The CRS is a global methodology for the automatic exchange of financial accounts and tax-related information with other financial regulatory organisations across the world through secure channels.

Posted on 28/07/2022

UAE discusses plans to reinforce maritime collaboration with Egypt

The UAE Ministry of Energy and Infrastructure held a meeting with Egypt’s Ministry of Transport on the side-lines of its participation in the General Assembly …

Posted on 28/07/2022

Dubai real estate sales surge 60% as investors, Russians snap up property

Dubai’s red-hot property market surged in the first half of the year as investors piled in, while Russians were among the top five buyers as the emirate benefits from an influx of wealth in the wake …

Posted on 28/07/2022

Head of ‘colossal’ UK-Dubai money-laundering gang jailed for nine years

Abdulla Alfalasi smuggled £100m in dirty cash out of UK, with couriers carrying up to £500,000 per suitcase …

Posted on 28/07/2022

Aldar Properties to acquire four towers in ADGM from Mubadala

Aldar Properties has signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), …

Posted on 28/07/2022

UAE centre for 4th Industrial Revolution to host second ‘smart toys’ competition

The competition aims to stimulate learning in children through the use of artificial intelligence in toys UAE centre for 4th Industrial Revolution to host second ‘smart toys’ competition AI for kids, …

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