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Month: August 2022

Posted on 12/08/2022

Emaar Properties to acquire Dubai Creek Harbour for Dhs7.5 billion

Emaar Properties announced on Friday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront, …

Posted on 12/08/2022

Abu Dhabi’s non-oil foreign trade grows 12% to Dh124 billion in H1

In a positive development of economic recovery from the Covid-19 pandemic, Abu Dhabi has registered a 12 per cent increase in non-oil foreign trade to Dh124 billion during the first half of this year.

Posted on 12/08/2022

Dubai records over $2bln in weeklong real estate transactions

DUBAI – A total of 2,433 real estate transactions worth AED9.7 billion were conducted during the week ending 12th August, 2022, according to figures released by the Dubai Land Department. A total of …

Posted on 12/08/2022

UAE’s Emaar reports robust H1 2022 revenues amounting to Dhs13.575bn

Emaar recorded the highest ever half-yearly UAE property sales valued at Dhs15.244bn, which is 10 per cent higher than H1 2021 …

Posted on 12/08/2022

Dubai Investments posts Dhs364 million profit in H1

Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market (DFM), has reported a 20.5% rise in net profits to Dhs 364 million …

Posted on 12/08/2022

UAE students make device to cut carbon waste from cars, turn soot into usable material

Trio from GEMS Our Own English High School – Sharjah names device ‘The Crucible’ Sharjah: A student team in Sharjah has created a device that cuts carbon waste from cars and turns the soot into usable …

Posted on 12/08/2022

UAE rains: Meet the Dubai resident who coordinated tonnes of donations for flood-hit Fujairah

It was terrifying to see there was no water to drink and no electricity and the weather was also not much favourable.” When she heard that water was entering homes in Fujairah and Kalba, Bancroft and …

Posted on 12/08/2022

Introducing GAME OVER: VR escape rooms and board game café hybrid

Fans of organised fun, halt your plans, there’s a huge new immersive VR-powered escape room open in Nakheel Mall that you need to check out. You might also like: A water circus …

Posted on 12/08/2022

Abu Dhabi retreats from record highs tracking oil prices; Dubai rebounds

Abu Dhabi index closed lower on Friday, slipping off its record highs in line with oil prices as weak corporate earning sapped investors’ appetite, while the Dubai index bucked the trend.

Posted on 12/08/2022

Dubai: Major attraction announces 50% discount on tickets

Dubai’s Sky Views Observatory will be offering a 50% discount on the admission price to Sky Views Edge Walk, for both residents and tourists until August 31, 2022. Usually Dh714 per person, this will …

Posted on 12/08/2022

Dubai’s Emaar Properties Fully Acquires Dubai Creek Harbour

Dubai’s Emaar Properties buying Dubai Creek Harbour from Dubai Holding for a consideration of AED 7.5bn.The deal would be equally financed in cash and Emaar shares and will make Dubai Holding the …

Posted on 12/08/2022

Kanousei Technology launches Odyssey in MENA region

Kanousei Technology has introduced a product for companies to begin their Web3 journey with a goal to get 1,000 companies into the metaverse.

Posted on 12/08/2022

How UAE-based university students are acquiring key skills through internships, part-time jobs

UAE-based university level students are busy acquiring key industry skills through summer internships and part time jobs. They aver such work experiences help them equip with necessary skills for …

Posted on 12/08/2022

UAE’s Julphar reports Dhs419.9m in net sales for Q2 2022, marking a 91% increase over Q2 2021

The results reflect increased focus on Julphar’s core markets in the MENA region, improved market access and the expansion of the company’s product portfolio …

Posted on 12/08/2022

Dubai: Top financial firms offer internships to celebrate International Youth Day

Several internships, sustainability programmes and other empowerment campaigns have been launched in Dubai to celebrate International Youth Day. The leadership at Century Financial has placed …
( read original story …)


Posted on 12/08/2022

American Attorney Convicted in UAE of Money Laundering Will Pay Fine – Lawyer

U.S. citizen and civil rights attorney Asim Ghafoor, who was convicted in the United Arab Emirates this week on money laundering charges, maintains his innocence but will pay the $1.36 million court …
( read original story …)


Posted on 12/08/2022

International Youth Day 2022: UAE leaders say youth will raise country to new heights

Sheikh Mohammed tweeted on the occasion of the International Youth Day, saying: “UAE youth are the driver of our prosperity. Emirati youth are the guarantee of our future. Emira …

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