Weekly crude oil exports from the Middle East were higher at 130 million barrels while North African exports were lower at 13.6 million barrels. According to a Reuters report, Saudi Aramco have …
Dubai ranked 23rd-most popular city for world’s ultra-wealthy
Dubai is the 23rd-most popular city in the world for ultra-wealthy residents, after the emirate recorded an 18 per cent increase in high-net-worth individuals in the first six months of 2022, a new …
Watch: Heavy Rains, Ice Lash Dubai, Sharjah Safety Advisories Issued
Rains of different intensities and hail hit parts of the UAE on Tuesday, prompting the police and municipal authorities to issue safety advisories. Heavy rains with ice fell over Dubai’s Murqquab and …
UAE: Journalists reportedly sacked en masse over article on cost of living crisis
The Dubai-based Al-Roeya has fired dozens of writers and editors after the publication of an article that criticised rising prices in the country …
UAE: Two Neolithic sites dating back to 6500 BCE discovered in Abu Dhabi
Two Neolithic sites dating back to 6500 BCE (Before Common Era) have been discovered in Abu Dhabi — one comprising a cluster of stone-built rooms and the o..
Dubai Investments announces interim dividend of 7.5%
This interim dividend was the result of the group’s divestment of 50 per cent equity interest in Emirates District Cooling (Emicool) LLC.
( read original story …)
Wio Bank officially launches in UAE
Wio Bank PJSC has announced its official launch in the UAE, becoming the first platform bank in the region, aiming to transform banking operating models to..
( read original story …)
Fancy visiting the Moon? Then this hotel in Dubai might be just the ticket
The skyline could soon be dominated by a giant, moon-shaped hotel complete with lunar walks and rover taxis in a proposed $5 billion project …
The 22Nd Edition Of World Blockchain Summit Is Set To Take Place In Dubai This October
The 22nd Edition of World Blockchain Summit is Set to Take Place in Dubai this October Dubai, United Arab Emirates–(Newsfile Corp. – September 1 …
Abu Dhabi Chamber Discusses Cooperation With Federation Of Egyptian Industries
ABU DHABI, 13th September, 2022 (WAM) — Ali Saeed bin Harmal Al Dhaheri, First Vice Chairman of the Abu Dhabi Chamber of Commerce and Industr …
Abu Dhabi’s ADQ monetises minority stake in Taqa
Abu Dhabi’s holding company ADQ agreed to monetise a stake of 8.6 per cent in Abu Dhabi National Energy Company, better known as Taqa, in line with its strategy of building a balanced and diversified …
Khanna Appointed COO Of Abu Dhabi T10
The fastest and the most entertaining format of cricket — the Abu Dhabi T10 announced the appointment of Rajeev Khanna as the Chief Operating Officer for the upcoming season of the tournament, wherein …
Sheraa launches ‘Startup Sharjah’
The Sharjah Entrepreneurship Center (Sheraa) is marking the launch of the Khorfakkan chapter of Startup Sharjah in September with a three-day intensive bootcamp …
Dozens of journalists were fired from a newspaper in Dubai after it ran a story about high gas prices
However, eight people with direct knowledge of the newspaper’s mass firings told The Associated Press that the layoffs came in the immediate aftermath of the article on the UAE’s gas prices.” — …
Road-toll operator Salik plans to raise $817 mln in Dubai IPO – Gulf News
Dubai road-toll operator Salik priced its initial public offering at 2 dirhams a share, according to Dubai-based daily Gulf News, valuing the issue at around 3 billion dirhams ($817 million).
UAE’s strong rebound seen to underpin real estate buoyancy
The rating agency said homebuilders’ credit quality will improve, benefiting from strong demand in the off-plan market …
Dubai: Abandoned bikes around Metro stations seized
During an inspection campaign carried out by Dubai’s Roads and Transport Authority (RTA), several abandoned bikes were seized from around 27 metro stations..