The UAE Warriors will kick-start a big weekend for mixed martial arts fans in Abu Dhabi this month. Charles Oliveira takes on Islam Makhachev for the vacant lightweight title at UFC 280 at the Etihad …
Fly to Guangzhou, China from Abu Dhabi: Etihad Airways launches inaugural flight
One-way fare for the non-stop flight from Abu Dhabi starts at Dh5,500 Abu Dhabi: Etihad Airways launched its first-ever scheduled flights linking Abu Dhabi and Guangzhou. The inaugural flight, EY868, …
Anti-trust regulator CCI clears Abu Dhabi Investment Authority minority stake acquisition in Intas Pharma
Anti-trust regulator Competition Commission of India (CCI) has cleared Platinum Owl’s acquisition of a minority stake in Intas Pharmaceuticals. The proposed transaction involves a secondary …
Sharjah Police foil 200 drug trafficking attempts worth Dh135 million
Many of the narcotics were promoted on social media, show figures from 2021 to May 2022 Sharjah: Sharjah Police’s Anti Narcotics Department seized Dh135 million worth of drugs since the beginning of …
Powered by cloud, driven by innovation: How AWS will accelerate the UAE economy
A testament to its commitment to the UAE, the new AWS Middle East (UAE) Region will contribute $11 billion to the economy, spurring innovation, driving economic transformation and propelling the …
Dubai’s non-oil economy maintains ‘robust’ momentum in September
Business activity in Dubai’s non-oil private sector economy maintained a “robust” rate of expansion in September, although at a slower pace, as new orders rose sharply despite an increase in input …
Dubai records over $436mln in realty transactions Monday
DUBAI: Dubai real estate market recorded 445 sales transactions worth AED1.18 billion, in addition to 68 mortgage deals of AED445.38 million, and 37 gifts deals amounting to AED61.34 million on Monday …
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Dubai Investment Fund Expands Presence, Activities To New countries
We recently learned that the Dubai Investment Fund (DIF), has expanded its operations to New Zealand, the Czech Republic and Cyprus. The company will expand its presence in these countries by …
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UAE approves Federal General Budget 2023-2026 with total estimated expenditures of AED 252.3bln
The Federal Budget is an essential pillar in the UAE’s development process, and the directives of our wise leadership help us achieve our development and social requirements for the coming years …
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UAE president to meet Putin in Russia, a week after OPEC+’s deep output cuts
The president of the United Arab Emirates, Sheikh Mohamed bin Zayed al-Nahyan, will head to Russia on Tuesday to meet his counterpart Vladimir Putin.
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UAE cabinet approves federal budget for 2023-2026
The UAE issued $4 billion in debut federal bonds in October last year, not long after Sheikh Maktoum bin Mohammed bin Rashid, son of the prime minister, took over the finance ministry portfolio. Just …
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Surplus budget to propel UAE growth, social sector development
The UAE surplus budget will propel economic growth and gives more room to the government to spend more on social sector development, experts say.Analysts, economists and industry experts said Dh3.4 …
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UAE banking is turning digital, and Dubai’s GII wants to have a big say in it
GII’s will convert Anglo-Gulf Trade Bank into digital bank This is the year digital banking in the UAE has come of age, with multiple launches and transformations. GII wants to be part of the move.
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UAE’s EDB processed $13.6mln startup loans in one month via new scheme – CEO
Emirates Development Bank (EDB) processed AED 50 million ($13.6 million) in loans through its digital banking app in one month after it launched a new scheme to approve loan applications for startups …
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Abu Dhabi officially scraps EDE and thermal screening, Green Pass remains
The new rules come two weeks after the UAE-wide ‘loosening’ of Covid restrictions. Abu Dhabi officially scraps EDE and thermal screening, Green Pass remains. Abu Dhabi covid rules, abu dhabi green …
Abu Dhabi’s Yahsat takes stake in US low-cost satellite solutions firm eSAT Global
Dubai: The Abu Dhabi satellite company Yahsat has taken a minority stake in eSAT Global Inc., an Internet of Things connectivity provider. The latter’s solutions will offer low-cost …
UAE: Family member misuses power of attorney, siphons off $4.63mln
UAE – A family member siphoned off Dh17 million after he was given a general power of attorney (PoA) to run the family business in the owner’s absence. In an interview with Khaleej Times, Khalid …