Dubai’s biggest lender, Emirates NBD , posted on Thursday a jump of 42% in second-quarter net profit, boosted by higher income and lower impairments.
Dubai’s DP World growth way ahead of industry at 3.5 percent in second quarter
Chairman Sultan Ahmed Bin Sulayem maintains a positive outlook for the second half of the year despite uncertain economic conditions Dubai’s DP World growth way ahead of industry at 3.5 percent in …
Dubai in the metaverse: How the UAE will take advantage of a $30 trillion market
Dubai has already announced a new Metaverse Strategy to be headed by the emirate’s Crown Prince Hamdan bin Mohammed Al Maktoum Dubai in the metaverse: How the UAE will take advantage of a $30 trillion …
Dubai police launch 2nd edition of NFTs, see use case for digital assets
Dubai police are dropping a second round of non-fungible tokens (NFTs), as digital assets conform to their interests in innovation, security and communication. In a statement on their website, Dubai …
Rain in UAE: Showers to continue in Abu Dhabi, Dubai, Sharjah, red alert in Fujairah and Ras Al Khaimah
Dubai: If you are heading out, carry an umbrella as rainy weather is expected to continue in the UAE on Thursday. According to the National Center of Meteorology (NCM), skies across the UAE are …
Let’s Play: Why Dubai Is Well-Positioned To Deliver The MENA Its Own Gaming Industry
Considering that Dubai Economy predicts the GCC’s gaming industry to increase from $1.3 billion in 2019 to $4.5 billion in 2025, the opportunities for global and regional game developers is incredible …
Rain in UAE: Public, and private sector employees in rain-affected areas to work remotely
The transportation for essential employees must be counted as within their working hours Dubai: The Ministry of Human Resources and Emiratisation (MoHRE) has called on private sector establishments in …
Watch: UAE authorities rescue Asian family from floods in Sharjah
Civil Defence authorities in the UAE have once again proven their mettle by rescuing a family from a flooded area in Sharjah.The Asian family was in distress in the Al Shees, Khor Fakkan area, …
‘Your order is on us’: McDonald’s UAE send free food and thoughtful note to customer in hospital
McDonald’s UAE sent free food and a thoughtful note to one of their customers who was in the hospital. A photo of the note has gone viral on social media. The note from McDonald’s UAE team read, …
UAE leads Arab nations in ‘Food System and Economic Resilience’ ranking
The UAE came in first among Arab countries and 19th globally in the ‘Food System and Economic Resilience’ ranking, according to the Global Food Security Q2 2022 report published by Deep Knowledge …
UAE weather: Chance of rainclouds again on Thursday
There will be a chance of convective rainclouds again on Thursday after heavy showers the day before. The National Centre of Meteorology predicts these formations will occur over some Eastern and …
The Average Salary in Dubai (Costs, Comparison, Minimum Wage)
Dubai, which is famous for its multiple skyscrapers, has always been a dream for many to work and settle in, especially as it is a city with a booming business economy in various fields. Here is this …
UAE Salary Guide for Year 2022
Businesses in the UAE are stepping up their hiring efforts to replace talent lost during the pandemic.According to the recruitment firm Robert Half’s 2022 Salary Guide, firms in the UAE to reconsider …
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UAE central bank hikes base rates by 0.75%
CBUAE maintained interest rate applicable to borrowing short-term liquidity from the regulator through all standing credit facilities at 50bps above the base rate …
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Central Bank of UAE raises interest rate after Fed’s aggressive rise
The Fed on Wednesday increased the policy rate by 75 basis points (bps) after a larger-than-expected three-quarters percentage point in June. This is the Fed’s fourth interest rate increase in four …
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Heavy rains in UAE: Remote work announced for public, private sector employees
Non-essential employees working in areas affected by rains and floods in the UAE will be allowed to work remotely on Thursday and Friday, it was announced on Wednesday. The UAE Cabinet directed all …
Former Chief Justice and former High Court president sworn in as judges of Dubai financial court
Former Chief Justice Frank Clarke and former president of the High Court Peter Kelly have been sworn in as judges of the Dubai International Financial Centre Courts. The two former senior judges were …