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Month: August 2022

Posted on 06/08/2022

Sharjah’s Khor Fakkan to introduce paid parking on August 15

Khor Fakkan Municipality has announced plans to introduce paid parking in a number of locations in the city from August 15. The local authority said charges will apply for vehicles parked on Sheikh …

Posted on 06/08/2022

Abu Dhabi investors could become investors in possible Porsche IPO in Europe

Volkswagen AG, which owns the German carmaker, is said to be considering offering more than 5 percent of Porsche’s preferred stock to anchor investors Abu Dhabi investors could become investors in …

Posted on 06/08/2022

FDI inflows into UAE jump 116% in 10 years

The cumulative FDI balance received by the UAE also increased by 141.6 per cent from 2011 to 2021, rising from $71.02 billion to reach $171.563 billion last year, representing an …

Posted on 06/08/2022

Pakistan Army chief Gen Bajwa reaches out to UAE, Saudi Arabia for crucial bailout package

It is believed that the International Monetary Fund has asked Pakistan to provide firm guarantees that its friends would provide $4 billion for its external requirements,” a media report said.

Posted on 06/08/2022

UAE launches ‘Summer without Accidents’ road safety drive to reduce fatalities

The Federal Traffic Council (FTC) has launched the third ‘Summer without Accidents’ road safety campaign across the UAE until September 1. The Ministry of Interior (MoI) said the campaign aims to …

Posted on 06/08/2022

UAE weather: Cloudy with a chance of rain on Saturday

The UAE is set for another few days of cloudy weather with the possibility of rain in some areas, forecasters said. Centre of Meteorology said it would be “fair to partly cloudy” on Saturday, with a …

Posted on 06/08/2022

Immigration Central: Why are so many Indians buying property in Dubai?

As of July, 2022 real estate sales in Dubai touched AED 20.8 billion – up 61.7 percent over the corresponding period last year. Indians were on top of the list of buyers, according to a recent report.

Posted on 06/08/2022

UAE’s Masdar to work on solar and wind power projects in Tanzania

The deal between Masdar and the Tanzania Electric Supply Company specifies they will work on two energy projects that will ultimately produce 2,000 megawatts of solar and onshore wind power, Masdar …

Posted on 06/08/2022

MoIAT, EDGE to establish UAE’s first Industry 4.0 Enablement Centre

The enablement centre will support the digital transformation and adoption of Industry 4.0 technologies across the country’s manufacturing sector.

Posted on 06/08/2022

TCB to import 3.30cr litres of soybean oil from UAE, Canada

Trading Corporation of Bangladesh, the state marketing agency, will import 3.30 crore litres of soybean oil from two companies, one from United Arab Emirates and another from Canada, through direct …

Posted on 06/08/2022

Dehydration and poor car maintenance among reasons for UAE accidents, survey finds

Dehydration that causes a concentration lapse and road debris forcing cars to swerve were cited as common factors in accidents, as well as motorists failing to keep up with car maintenance and driving …

Posted on 06/08/2022

UAE weather: Mercury on the rise, possible rain today

Mercury is set to rise to 43ºC in Abu Dhabi and Dubai, and 47ºC in Sila. The day will also be slightly humid as humidity levels will range from 25 to 65 per cent. Light to moderate winds will blow, …

Posted on 06/08/2022

Revealed: Dubai and Abu Dhabi’s most popular areas to rent and buy

Dubai Marina, Palm Jumeirah and Downtown Dubai are the most popular places to rent luxury apartments in the emirate, a new report has revealed. Jumeirah Village Circle (JVC) and Business Bay are the …

Posted on 06/08/2022

Immigration Series: Why are so many Indians buying property in Dubai?

With a tweak of the Golden Visa rules, Dubai has seen an unprecedented spike in real estate demand. In July 2022, the total real estate sales transactions jumped 61.7 percent higher than the July 2021 …
( read original story …)


Posted on 06/08/2022

India-UAE travel: Airfares set to rise as expats return from vacations

Airfares from various cities in India to the UAE are expected to rise upwards of 45 to 50 per cent this month as expatriates return home after the summer vacations. Travel agents are reporting a steep …

Posted on 06/08/2022

Gaza air strike: UAE embassy in Tel Aviv urges citizens to exercise extreme caution

Dubai: The UAE embassy in Tel Aviv has urged Emirati citizens currently present in Israel to exercise extreme caution due to the recent military escalation with Gaza. Taking to its official twitter …

Posted on 06/08/2022

What to expect from Dubai’s famous World Cup – from live music performances to huge firework shows

IT’S one of the world’s richest horseracing meets, in one of the wealthiest cities on Earth. Welcome to the grandeur of the Dubai World Cup. It features nine glamorous races, where the likes of …

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