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Month: July 2022

Posted on 01/07/2022

UAE, Indonesia sign economic pact to lift tariffs and boost trade

The UAE previously signed similar agreements with India and Israel UAE, Indonesia sign economic pact to lift tariffs and boost trade cepa, Comprehensive Economic Partnership Agreement, Indonesia, UAE, …
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Posted on 01/07/2022

UAE stocks extend losses on economic slowdown concerns

Stock markets in the United Arab Emirates ended lower on Friday, tracking Asian equities as concerns over a global economic slowdown weighed on investor sentiment.
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Posted on 01/07/2022

UAE, South Korea launch joint cooperation programme to support entrepreneurship, SMEs

The programme comprises 11 federal and local authorities concerned with entrepreneurship and SMEs in the country UAE, South Korea launch joint cooperation programme to support entrepreneurship, SMEs …
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Posted on 01/07/2022

Dubai Is the Newest Hedge Fund Hotspot

(Bloomberg) — After attracting crypto firms, property investors and Russian billionaires, Dubai is drawing a new … to expand in the sun-splashed business hub. Brexit has spurred many funds …
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Posted on 01/07/2022

Lack of investor education threatens future of SPACs in the UAE, experts say

The rise of IPOs in the UAE, however, is driving the local equity markets to gain international standing Lack of investor education threatens future of SPACs in the UAE, experts say Abu Dhabi …
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Posted on 01/07/2022

UAE Inks Economic Pact to Boost Trade With Indonesia

The United Arab Emirates signed a wide-ranging economic pact with Indonesia which will eliminate tariffs and boost bilateral trade. Most Read from BloombergUS Will Face High Gas Prices ‘as Long as It …
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Posted on 01/07/2022

Sharjah to set taxi fares each month in line with UAE petrol prices

Sharjah is to set taxi fares each month based on the latest fuel prices in the country. The move — which comes into effect this month — will allow for passenger charges to be increased or reduced …

Posted on 01/07/2022

Dubai Police warn against unauthorised use of police and emergency vehicle warning lights

Two vehicles impounded and their owners fined over misuse of emergency lights on vehicles Dubai: Dubai Traffic Police recently warned motorists against using police and emergency vehicle warning …

Posted on 01/07/2022

Dubai Summer Surprises starts with a bang — and savings of up to 90 per cent

Shoppers who spend Dh500 or more at The Dubai Mall can participate in a draw to win a staggering Dh1 million cash prize throughout the duration of DSS. T …

Posted on 01/07/2022

Aldar acquires Nurai Island Resort and other Abu Dhabi islands

Aldar Properties has expanded its hospitality portfolio with the acquisition of Nurai Island Resort, as well as two new Abu Dhabi islands intended for residential development. Abu Dhabi’s biggest …
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Posted on 01/07/2022

Aldar acquires luxury islands in Abu Dhabi in high-end real estate push

The company said it acquired Nurai Island, a private island just a few kilometres north of Saadiyat only accessible by sea Aldar acquires luxury islands in Abu Dhabi in high-end real estate push Abu …
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Posted on 01/07/2022

Dubai’s real estate sector marked as most ‘transparent’ in MENA

Dubai gained three ranks in the index to 31st position globally and is the only property market in MENA to feature in the ‘Transparent’ tier. Dubai’s real estate sector marked as most ‘transparent’ in …
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Posted on 01/07/2022

Experience rich, radiant, wireless sound with Belkin Soundform Freedom

Earbuds are available for purchase in the UAE now for Dh399 The Soundform Freedom True Wireless earbuds deliver rich, radiant sound at any volume thanks to its 2-layer drivers engineered to provide …
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Posted on 01/07/2022

UAE digital bank Zand backed by Emirates, Lulu Group, Franklin, Aditya Birla

Zand is expected to be UAE’s first fully-independent digital bank with a focus on both retail and corporate services …
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Posted on 01/07/2022

Discounts on school fees for children of distinguished workers in Dubai

The deal allows distinguished winners of the award and their children who wish to complete their university studies to benefit from special discounts provided by RIT Dubai for uni …
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Posted on 01/07/2022

UAE investors sign up US$2.76bln worth of investment into Odisha state

UAE investors have signed Memoranda of Understanding (MoUs) worth US$2.76 billion (IRs218 billion/IRs21,800 crores) with the Government of Odisha state, after meeting with Honourable Chief Minister …
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Posted on 01/07/2022

UAE-India gold trade could take hit following import duty hike, analysts say

The move could have implications for UAE-India gold trade despite the duty safeguards under the recently signed bilateral economic partnership agreement UAE-India gold trade could take hit following …
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