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Month: August 2022

Posted on 11/08/2022

Free water in Al Qudra under Dubai Can initiative

With Al Qudra being a popular cycling route for Dubai residents, the water station is expected to provide a convenient bottle refill site for cyclists, which will in turn help promote healthy living.

Posted on 11/08/2022

UAE firms begin offering Golden Visa to retain talent, attract highly-skilled individuals

In addition to monetary benefits, this new perk is being added by companies to attract highly-skilled and talented individuals on a long-term basis. “Earlier, the Golden Visa was focused on the …
( read original story …)


Posted on 11/08/2022

UAE’s robust financial system in supporting national economy: CBUAE’s Financial Stability Report

Among these key steps were the CBUAE’s gradual exit strategy from the Targeted Economic Support Scheme as the UAE economic recovery commenced, with the first phase completed by the end of 2021, and th …
( read original story …)


Posted on 11/08/2022

GMG inaugurates Al Qudra water station as part of the Dubai Can initiative

GMG – a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across the sports, food and health sectors has partnered with the …

Posted on 11/08/2022

Tasca in Dubai: what to expect at the Michelin-starred restaurant

Tasca by Jose Avillez, the second restaurant in our series, is located at the Mandarin Oriental Jumeira, Dubai. The Portuguese restaurant was launched in Dubai in February 2019 by Jose Avillez, the …

Posted on 11/08/2022

Dubai payments provider Network International more than doubles H1 net profit

Dubai-based payments processor Network International (NI) said on Thursday it expects revenue growth to continue for the remainder of the year as its H1 net profit more than doubled. The London Stock …

Posted on 11/08/2022

UAE property: ‘Should I tell my landlord that I don’t plan to renew my lease?’

I informed the landlord’s real estate company by email more than a month before the expiry of the lease that I would not renew the contract. Although a clause in the tenancy contract states that I …

Posted on 11/08/2022

Abu Dhabi’s IHC takes $490 mln stake in Turkey’s Kalyon

Abu Dhabi’s International Holding Co IHC.AD on Thursday said it had acquired a 50% stake in Turkey’s Kalyon Enerji for 1.8 billion dirham ($490 million) through one of its subsidiaries. Kalyon Enerji …

Posted on 11/08/2022

Reducing construction waste through technology

There is plenty of evidence that technology is the key to improving construction waste reduction efforts as it makes the process more efficient through better, faster, and more transparent …

Posted on 11/08/2022

Cybercrime alerts now on cinema screens in Sharjah

Brigadier General Aref Hassan bin Hudaib, Director of Media and Public Relations Department at Sharjah Police, said that activating the broadcast of some advice through cinema screens aims to draw the …

Posted on 11/08/2022

47% of UAE residents keen to make homes sustainable

Environmental credentials are increasingly driving the purchasing choices of UAE consumers as they look for new ways to live a more sustainable life. 47% of UAE residents keen to make homes …

Posted on 11/08/2022

DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO

It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
( read original story …)


Posted on 11/08/2022

DEWA powers up to Dh12b revenue and Dh3.3b net profit in H1-2022, its first results after IPO

It was on April 12 that DEWA listed on DFM after a hugely successful IPO, the first of 10 Dubai Government enterprises that will take the road to a public listing. Since then, DEWA’s stock has been …
( read original story …)


Posted on 11/08/2022

Dubai district cooling firm Empower’s IPO chances remain strong

Dubai: The chances of the Dubai district cooling company Empower coming up for a DFM listing is strong. DEWA, the utility giant that hold a majority stake in Empower, said that a review of the company …
( read original story …)


Posted on 11/08/2022

UAE, UK collaborate on Dhs540m emergency response project in Senegal

The Redco Project Senegal, will see the supply and building up of emergency services from fire fighting vehicles, rescue vehicles and ambulances.

Posted on 11/08/2022

Dubai’s RTA bags prestigious UK award for its enterprise command and control centre project

The EC3 is acknowledged as one of the biggest and most sophisticated control centres worldwide in terms of technology used and ability to integrate and control all mass transit means Dubai’s RTA bags …

Posted on 11/08/2022

Dubai’s transport start-up Swvl announces $20mln private placement

If all warrants are exercised for cash, the Nasdaq-listed firm will receive additional $30mln in gross proceeds …

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