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Month: August 2022

Posted on 07/08/2022

Middle East businesses, governments need to reclaim ‘green finance’ mojo

There was a point in 2021 when green finance in the Middle East and North Africa (MENA) region was growing faster than the world as a whole. In the first six months of that year, issuances of green …
( read original story …)


Posted on 07/08/2022

UAE: Gross assets stand at Dh3 million in first five months of 2022, says 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 (CBUAE …

Posted on 07/08/2022

Rope in UAE’s residential communities, too, into any sustainability drive

It encompasses a company’s employees as well as wider stakeholders and communities, all of which are important components of long-term business success and growth. As real estate professionals, and …

Posted on 07/08/2022

Dubai receives 7.1 million international visitors in 6 months

Dubai has received over 7.1 million international visitors in the first six months of this year. This is a whopping 183 per cent increase over the number of tourists the city received in the first …

Posted on 07/08/2022

UAE: Grocery shopping to get cheaper as fuel, global commodity prices drop

Food prices in the UAE are expected to drop substantially in the coming weeks, thanks to reduced retail fuel prices as well as a decline in global commodity prices and ease on restrictions of exports …

Posted on 07/08/2022

Sheikha Jawaher issues directive to establish ‘Kanaf’ higher committee in Sharjah

According to the directive, the Higher Committee will also initiate action to form an executive committee to manage the internal operations at Kanaf. “Kanaf is the first-of-its-kind entity in the UAE …

Posted on 07/08/2022

Dubai Digital Assets Business Group to accelerate digital transformation

The digital economy is the economy of the future on which the pillars of the development process will be based …

Posted on 07/08/2022

Dubai Chamber of Digital Economy to form Dubai Digital Assets Business Group

The group will provide a platform for companies operating in the digital asset sphere to unify their voices, address market challenges and align their goals …

Posted on 07/08/2022

National banks’ gross assets in UAE stand at Dhs3 trillion in first five months of 2022: CBUAE

Total assets of the 22 national banks rose to Dhs3.023 trillion in the first five months of 2022, up 4 per cent (Dhs117.3 billion), according to latest statistics released by the UAE Central Bank …
( read original story …)


Posted on 07/08/2022

Emirates Development Bank approves Dh2.4 billion in finance during H1

The initiatives deployed by EDB are part of its new strategy to support the UAE’s industrial growth, adoption of advanced technology, enhancement of the role of …
( read original story …)


Posted on 07/08/2022

Indian businessmen urged to capitalise on Sharjah’s investment opportunities

The chamber invited Indian business leaders to take advantage of Sharjah’s promising investment opportunities, which have become even more rewarding after signing …

Posted on 07/08/2022

Abu Dhabi summit ‘can reshape world food system’

The conference will take place at a time when the UN General Assembly has warned of rising hunger and malnutrition in the world …

Posted on 07/08/2022

Analysis: from Washington, to Moscow, to Abu Dhabi, calls for Gaza calm

UAE, first among the Abraham Accord nations, matches the tone sent by Europe and the US – Click the link for more details.

Posted on 07/08/2022

UAE: New community initiative to enhance the role of Emirati families launched

A new community initiative has been rolled out in Dubai in an effort to enhance the role and position of the Emirati family. The Bader Community Association aims to consolidate the concept of …

Posted on 07/08/2022

Inflation in UAE: Is it cheaper to shop in-store or online?

With inflation staying high, UAE residents should try to source the best and cheapest groceries and other daily-use consumer goods in order to stay within their budget. Be it online or the …

Posted on 07/08/2022

UAE announces 945 new COVID-19 cases, 980 recoveries, and no deaths in the last 24 hours

The Ministry of Health and Prevention (MoHAP) announced that it conducted 191,532 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. In a statement, …

Posted on 07/08/2022

Why Is the UAE Detaining an American Lawyer Who Worked With Jamal Khashoggi?

The D.C. narrative holds that Asim Ghafoor was locked up for being Khashoggi’s lawyer. The slain journalist’s widow says he wasn’t.

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