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Month: September 2022

Posted on 07/09/2022

UAE banks’ assets exceed $237bln in June

The UAE’s money supply aggregate M1 went up by 2.30% to $198bln at the end of June this year UAE – The gross assets value of the UAE-based lenders inched up by 0.20% month-on-month (MoM) to AED 3.449 …
( read original story …)


Posted on 07/09/2022

UAE leaders congratulate President of Brazil on Independence Day

The President, His Highness Sheikh Mohamed bin Zayed Al Nahyan, has sent a message of congratulations to President Jair Bolsonaro of Brazil on his country’s Independence Day, which is marked on …

Posted on 07/09/2022

UAE: Mahzooz doubles second prize to Dh2 million this week

Mahzooz on Wednesday announced that it is doubling its Dh1-million second prize to Dh2 million for its next draw on Saturday, September 9.Those who wish to join the weekly live draw can go to …

Posted on 07/09/2022

Growing popularity of luxury car rentals in Dubai

Find out why tourists prefer to drive exotic cars in Dubai and how the industry has emerged as one of the fastest growing in the emirates …

Posted on 07/09/2022

Qatar’s green own goal as World Cup fans set to jet in from Dubai

The Middle East’s first ever soccer World Cup promises boom time for Dubai hotels this November, with thousands of fans expected to descend on the Gulf city due to limited accommodation in …

Posted on 07/09/2022

Plans revealed for US$5bn Moon Dubai resort, projected to make $1.8bn a year

Moon Dubai is looking to become the most visited tourist destination in the whole MENA region. Plans revealed for US$5bn Moon Dubai resort, projected to make $1.8bn a year. dubai hotels, dubai …

Posted on 07/09/2022

Moon Dubai could be the region’s biggest tourism project

If the project is approved, Dubai will be a leader in space tourism. Moon Dubai could be the region’s biggest tourism project. . News.

Posted on 07/09/2022

Masterminds Education recognized as Dubai’s Best Early Years Education Provider for 6th consecutive year

This year’s theme was ‘ Dedication,’ and Masterminds has been awarded UAE’s Most Dedicated Early Years Education Center …

Posted on 07/09/2022

UAE: Danube picks Naresco as main contractor for $129mln Skyz Tower

A Mediterranean-themed high-rise residential tower with elegantly-designed apartments, retail outlets and recreational facilities, Skyz will be developed on a 67,837.39 sq ft plot of land at Arjan …

Posted on 07/09/2022

UAE Metaverse Technology holdings to spend $54.5 million on Dubai and Abu Dhabi metaverse cities

The Beta version is due to go live by October 2022 and available globally by the end of the year.. UAE Metaverse Technology holdings to spend $54.5 million on Dubai and Abu Dhabi metaverse cities.

Posted on 07/09/2022

Chefs from Dubai Michelin-starred restaurants predict Abu Dhabi list

Following from the debut Michelin Guide in Dubai, Abu Dhabi will get its own guide in November, it was announced at an event held at Jumeirah at Saadiyat Island Resort on Tuesday. Nicolas Budzynski, …

Posted on 07/09/2022

Crypto House Capital set to raise funds to finance Skylum, its ambitious virtual residential scraper in UAE

The startup also has plans to tap investors to support its broader initiative in UAE’s metaverse setor – the MetaReal City Crypto House Capital set to raise funds to finance Skylum, its ambitious …

Posted on 07/09/2022

Masterminds Education awarded ‘Dubai’s Best Early Years Education Provider’

Masterminds Education, the global experts in leading-edge early childhood development, was recently recognised at the UAE Business Awards. This is the institution’s …

Posted on 07/09/2022

Dubai Duty Free 8-month sales soar 104% to over $1bn

Dubai Duty Free has recorded a 104% increase in sales for the first eight months of 2022, with turnover reaching $1.06 billion, placing the operation well on track to reach its target of $1.6 billion …

Posted on 07/09/2022

Office rents in Dubai rebounding, rising faster than in New York, London

Demand for space in the skyscraper and across Dubai is surging as the emirate attracts more wealth and expats due to its nimble response to the pandemic and relatively easy access to visas.

Posted on 07/09/2022

The Debt Panel: ‘Can freelancers apply for a car loan in the UAE?’

I was surprised that I was unable to have access to any financing to buy a car given the salary certificate requirements that almost all banks, including my own, require. I inquired about …
( read original story …)


Posted on 07/09/2022

Indian rupee falls against UAE dirham; RBI intervenes

The Indian rupee depreciated by 11 paise to 79.93 against the US dollar (21.78 versus the UAE dirham) in opening trade on Wednesday, tracking the strength of the American currency. At the Indian …
( read original story …)


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