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Month: August 2022

Posted on 22/08/2022

Beating London, Singapore, other hubs, Dubai tops list of FDI destinations in 2021: report

The Dubai FDI growth happens on the back of a wider recovery in global FDI projects, which data showed surging 18 percent in 2021 Beating London, Singapore, other hubs, Dubai tops list of FDI …

Posted on 22/08/2022

Satish Sanpal Felicitated With Rise of Industry Emirates Business Awards

Emirates Business Conclave UAE is an exclusive platform that honors businessmen, rising entrepreneurs who have contributed to the corporate culture, ethos and ethics in the UAE.

Posted on 22/08/2022

UAE’s Al Ansari Exchange picks banks for Dubai listing

Al Ansari Exchange was set up almost 60 years ago and currently has over 200 branches in the UAE, making it one of the largest exchange companies in the country. In addition to ex …
( read original story …)


Posted on 22/08/2022

Indian rupee dips further, should expats in UAE remit now?

Analysts are veering towards the opinion that an entry by RBI (Reserve Bank of India) to halt the rupee slide will more likely if it hits 81 to the dollar. The current rupee-dolla …
( read original story …)


Posted on 22/08/2022

UAE vice president: non-oil trade at 1.58 trillion Dirhams in H1/22

The United Arab Emirates non-oil trade hit 1.58 trillion Dirhams in the first half of 2022, climbing by 17% from same period last year, the gulf country’s vice president said on Monday in a tweet.
( read original story …)


Posted on 22/08/2022

Video: Dubai landmarks glitter in snow globes with ‘winter coming soon’

Winter is coming soon,” the Government of Dubai Media Office posted with the video. Winter is the coolest time to explore the emirate and all it has …

Posted on 22/08/2022

Doctors in Dubai use $2.1m injection to help boy, 2, with rare mobility disorder

A 2-year-old boy is on the road to recovery from the rare muscle-wasting disease spinal muscular atrophy (SMA) after doctors in Dubai gave him a $2.1 million gene therapy injection. Rasheed’s mother …

Posted on 22/08/2022

Work at Mohammed bin Rashid Al Maktoum Solar Park ‘progressing well’

Dubai Electricity and Water Authority chief executive Saeed Al Tayer inspected progress at the fourth and fifth phases of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar …

Posted on 22/08/2022

Dubai property investments have always favoured patience

Steady solid returns have marked property investments in Dubai right from 2002 Back when the freehold phenomena started in Dubai in June of 2002, investors who bought and held initial offerings by …

Posted on 22/08/2022

Top Dubai consultancy A&A Associate signs MoU for a Net Zero journey of sustainability

Director Robin Philip signs MoU with Bon Conseil for a comprehensive sustainability strategy to achieve Net Zero Target for GHG emissions in three years …

Posted on 22/08/2022

270,000 more Dubai homes to run on clean energy soon

Dubai: The fifth phase at Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park in Dubai, will provide clean energy to over 270,000 residences in Dubai, officials …

Posted on 22/08/2022

From Dubai residents’ role in road safety to Dubai Islands: Our editors comment on the hot topics of August 22

It is encouraging how Dubai residents made 16,572 calls to report traffic violations during the last seven months as part of the Dubai Police’s ‘We Are All Police’ programme. This resulted in the …

Posted on 22/08/2022

Dubai’s RTA makes record savings of $23.14mln through green initiatives

Besides, RTA saved 55 million gallons of water, 21mln litres of gasoline, 1.8mln litres of diesel, and a reduction of approximately 86 tonnes of carbon dioxide equivalent …

Posted on 22/08/2022

Ex-pats return UK to find woman in their home who ‘won’t leave’

A DESPERATE couple with two young children have been left “homeless” after returning to their front door after living abroad to find their tenant was yet to move out.
( read original story …)


Posted on 22/08/2022

UAE: Gold prices hit over 3-month low; 22K below Dh200 per gram

In the UAE, the 24K price fell to Dh211.25 per gram on Monday morning … In the latest Fed commentary, James Bullard, president of St. Louis Fed Bank, said he is considering support for a third …
( read original story …)


Posted on 22/08/2022

Nakheel unveils Master Plan vision for Dubai Islands

Aligning with Dubai 2040 Urban Master Plan, Dubai Islands (formerly known as Deira Islands) will reinforce the emirate’s position as a global destination of choice for residents, visitors and …

Posted on 22/08/2022

Car Fare Group donates AED 5mln to Dubai Cares in support of children and youth’s education globally

Dubai, UAE: Car Fare Group, a market leader in vehicle rental and leasing, vehicle services and pre-owned vehicle sales in the UAE, has donated AED 5 million to Dubai Cares, part of Mohammed Bin …

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