Dubai was one of the first cities to emerge from the pandemic, reopening to tourism by the middle of 2021. The emirate now has set its sights on becoming a global tech hub by attracting entrepreneurs, …
National banks’ gross assets in UAE cross Dh3 trillion in first five months of 2022: Central Bank
Total assets of the 22 national banks rose to Dh3.023 trillion in the first five months of 2022, up 4 per cent (Dh117.3 billion), according to latest statistics released by the UAE Central Bank.
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Lord Glennie urged to step down from role in UAE court
A senior Scottish judge has been urged to step down from his position at a court in the Middle East after claims that he was turning a blind eye to “egregious …
UAE: 180 Motorists Fined For Allowing Small Children In Front Seats Of Vehicles
The move follows the fining of 180 motorists who were caught allowing children aged below the age of 10 to sit in front seats of vehicles during the first six months of this year. Abu Dhabi Police …
FAB, ENBD Rank Among Top Five Mideast Lenders As Assets Of 22 UAE Banks Hit Dh3.023T
First Abu Dhabi Bank and Emirates NBD, the two largest banks of the UAE, are ranked among the top five lenders in the Middle East, according to F …
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UAE: Short-Term Rentals On The Rise Among Travellers As Companies Offer Flexible Working Hours, WFH Options
The trend of short-term rentals and staycations (among visitors) has rapidly risen in the past two years with companies offering flexible working hours and work-from-home models,” said Raquel Lopez, …
UAE’s lucky millionaires: Winners telltale of hitting the jackpot, reliving the moments of joy
A motley crew of winners of Mahzooz talk of how they kept their faith in dame luck going, despite kerfuffle over challenges of expat life in the Emirates …
Monkeypox: 2 UAE returnees found infected with strain A.2 of virus
As India’s Monkeypox tally continues to rise, the National Institute of Virology (NIV) in Pune on Sunday said that after analysis of the two cases pertaining to travellers who had returned from the …
National Banks’ Gross Assets In UAE Stand At AED 3 Trillion In First Five Months Of 2022: CBUAE
Assets of national banks accounted for 87.8 percent of gross banking sector’s assets of AED 3.442 trillion by end of last May, against 12.2 percent for foreign banks. Assets of the 37 foreign banks …
Dubai Firmly On Course To Achieve Tourism Goals As City Welcomes 7.12 Million International Visitors In First Half Of 2022
Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording more th …
Dubai Chamber of Digital Economy forms new group to boost industry
Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, has announced the formation of the Dubai Digital Assets Business Group (D2A2), …
UAE: Emirati Yousif Mirza sparkles, wins gold at Islamic Solidarity Games
UAE Team Emirates’ Emirati star Yousif Mirza won a second gold medal for the UAE National Team in the fifth edition of the Islamic Solidarity Games in the Turkish city of Konya on the Kon track. Mirza …
Dubai to achieve tourism goals as city welcomes 7.12 million visitors
Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording more than 183% growth in visitors compared to the 2.52 million tourists …
Dubai-Kozhikode plane crash: Two years on, survivors live with the consequences
Survivors of the Air India Express flight 1344 crash continue to live with the after-effects of the accident, with many reporting that they have developed a fear of flying. Murthasa Fasal, whose …
Inflation in UAE: Government disburses allowances to 47,300 low-income Emirati families
The UAE government has disbursed inflation allowances to 47,300 low-income Emirati families to help them cater for the increasing prices of food, fuel, electricity and water. The Ministry of Community …
UAE Government Media Office’s Khaled AlShehhi wins World Media Award
AlShehhi will receive his special award at this year’s WMA celebration in September,” WMG said in a press statement. AlShehhi will receive his award during an exclusive live ceremony at the Ham Yard …
UAE Financial Wealth To Grow by 6.7% Annually
A new BCG report expects that the UAE financial wealth will rise from USD 0.7 trillion in 2021 to a high of USD 1 trillion in 2026; Equities & investment funds are the largest ass …
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