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Month: July 2022

Posted on 27/07/2022

UAE Golden Visa: Which health insurance schemes are popular among long-term residency holders?

Golden Visa holders can opt for basic insurance covers, with annual premiums starting from less than Dh1,000, industry executives have said.However, long-term residency holders tend to look for …

Posted on 27/07/2022

The India-Middle East Food Corridor: How the UAE, Israel, and India are forging a new inter-regional supply chain

The India-Middle East Food Corridor developed organically among the three Asian countries themselves, through private sector, joint venture investments carefully cultivated via bilateral …

Posted on 27/07/2022

UAE rains: Drive-through Covid testing centre closed due to unstable weather

A drive-through Covid-19 testing centre in Fujairah has been closed due to prevailing weather conditions. The Fujairah Police posted a notice on Twitter, announcing the centre’s temporary closure for …

Posted on 27/07/2022

UAE’s national insurer rolls out exclusive packages for Golden Visa holders

Starting at AED2,393, the national insurance company offers three different plans to address the needs of all kinds of Golden Visa-holder applicants UAE’s national insurer rolls out exclusive packages …

Posted on 27/07/2022

UAE and Iran discuss boosting ties ahead of possible ambassador return

The Emirati and Iranian foreign ministers have held a telephone conversation and discussed boosting ties, UAE state media reported Wednesday, as the Gulf Arab country considers sending an ambassador …

Posted on 27/07/2022

Dubai Police arrest jewellery thieves minutes before their flight was to take off

Thorough investigations revealed that the suspects had entered a building under construction and disguised themselves before they committed their crime.

Posted on 27/07/2022

Dubai Islamic Bank’s first-half profit surges to over $735mln

Dubai Islamic Bank announced on Wednesday a significant surge of 45 per cent to Dh2.7 billion in first-half profitability compared to Dh1.86 billion in the same period last year. The strong …
( read original story …)


Posted on 27/07/2022

Dubai Islamic Bank income jumps 7 percent ‘despite global headwinds’

The bank’s net profits amount to 2.7 billion and also saw an increase in total income rose to AED6.3 billion Dubai Islamic Bank income jumps 7 percent ‘despite global headwinds’ banking, Dubai, Dubai …
( read original story …)


Posted on 27/07/2022

Commercial Bank of Dubai posts 28.1% jump in H1 profit

Commercial Bank of Dubai (CBD) reported on Wednesday a net profit jump of 28.1 per cent to Dh866 million for the first half of 2022 compared to the same 2021 period. The bank said in a statement that …
( read original story …)


Posted on 27/07/2022

Abu Dhabi: 105,300 Traffic Fines For Not Paying Attention to Roads

Traffic and Patrols Directorate recorded 105,300 traffic fines for not paying attention to the road, either while using a mobile phone or being distracted for other reasons.Read More: New Spots for Pi …

Posted on 27/07/2022

UAE: South Africa requests extradition of Gupta brothers after Dubai Police arrest duo

The infamous Gupta brothers, who were arrested in Dubai last month, have moved a step closer to being sent to South Africa and stand trial on charges of money laundering and fraud. South Africa said …

Posted on 27/07/2022

Why travellers from the UAE are going places

Last week, the latest Henley Passport Index findings made it very clear that the UAE is going from strength to strength on the international roadmap. Today, the UAE ranks at No 15, and is the only …

Posted on 27/07/2022

Video: Filipinos in UAE worry for safety of families, friends back home

When news of a strong earthquake measuring 7.1 on the Richter scale that devastated parts of the Northern Philippines was received in the UAE early this morning, most Filipino expatriates tried to …

Posted on 27/07/2022

UAE amends provisions of Wage Protection System

Dubai: Dr. Abdulrahman Abdulmannan Al Awar, Minister of Human Resources and Emiratisation, has issued Ministerial Resolution No. 346 of 2022 regarding the amendment of certain provisions of …

Posted on 27/07/2022

Dubai’s office utilisation levels highest among Europe Middle East and Africa

An average of 80% of workers are back in the office in Dubai in some capacity, up from 70% in Q1 2022; Dubai prime office costs to occupiers in Q2 2022 up nearly …

Posted on 27/07/2022

Video: Dubai Police arrest two expats over jewellery theft from shop window

Dubai: Dubai Police have arrested two European nationals for stealing expensive jewellery from a store in Dubai, within only 12 hours after receiving a report about the theft. The arrest was made …

Posted on 27/07/2022

Dubai remains prime target of property investors

Indians topped the list leading buyers by nationality with those from the UK, Italy, Russia and France rounding the top five …

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