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Month: October 2022

Posted on 18/10/2022

Dubai’s first regulated crypto exchange targets institutional investors

The Middle East and North Africa is among the fastest growing market in the world for crypto adopters, with users based in the region receiving a total of $566 billion over the past 12 months …

Posted on 18/10/2022

Qatar inaugurates solar plant to help power World Cup

Qatar inaugurated its first solar power plant stretching across the desert Tuesday, which organisers of the football World Cup have said will provide clean..

Posted on 18/10/2022

There was nothing political about OPEC’s production cut, UAE energy minister says

“UAE supported the technical decision of OPEC on the technical merits of that decision. And there is nothing political about that.” …

Posted on 18/10/2022

SUID Launches New Crypto OTC Trading Service in Dubai

SUID has announced that now people can easily use crypto OTC trading service in Dubai, the United Arab Emirates. SUID is one of the first OTC shops in the region to provide this service. The new …

Posted on 18/10/2022

Sharjah issues decision granting 50% discount on late rental contract attestation fees

This was announced during the SEC meeting held on Tuesday under the chairmanship of Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the SEC.

Posted on 18/10/2022

Dubai: UAE’s first ever drive-through blood test service is now open

The announcement comes as part of the Dubai Health Authority’s efforts to provide the community with better and faster access to medical services …

Posted on 18/10/2022

UAE’s real estate sector continues to build momentum in 3rd quarter

The UAE continued to witness a positive trajectory across the residential, office, retail and hospitality sectors in the third quarter of this year, JLL highlighted in its latest UAE Real Estate …
( read original story …)


Posted on 18/10/2022

Emirates Development Bank approves $1.12bn funding in first nine months of 2022

Emirates Development Bank, the state-owned lender focused on financing companies in key industrial sectors, approved Dh4.4 billion ($1.12bn) in loans in the first nine months of the year, as it …
( read original story …)


Posted on 18/10/2022

Digitalisation set to boost UAE payment revenues to $18.7 billion

The payments industry in the Emirates is expected to record a compound annual growth rate of 7.7 per cent between 2021 and 2031 on revenues …
( read original story …)


Posted on 18/10/2022

Diwali fountain show to wow Dubai as fireworks light up city skyline

A Diwali fountain show is set to bring the festival of light to a fitting – and dramatic – end as Dubai celebrates the Hindu spectacle. With the five-day Indian festival in full swing from Sunday …

Posted on 18/10/2022

Al-Futtaim Group to set the skies alight with the launch celebration of the BLUE credit card on Festival Bay

Look no further than Al-Futtaim Group’s Dubai Festival City Mall, who will be putting on a show that will leave you anything but Blue as it celebrates the launch of its revamped credit card, BLUE and …

Posted on 18/10/2022

Emirates NBD sells $500 million in 5-year bonds

Dubai’s biggest bank Emirates NBD sold $500 million in five-year bonds in its first public debt sale of the year which received more than $1 billion in orders, a bank document showed on Tuesday.

Posted on 18/10/2022

Pretty Ballerinas opens its new flagship store in The Dubai Mall, one of the most important shopping centres in the world

Mascaró Group’s international brand has opened its third store in UAE and continues its conquest of the Middle East. Pretty Ballerinas, the international …

Posted on 18/10/2022

UAE: 50% discount announced on fees for late rental contract attestation in Sharjah

Authorities in Sharjah have announced a 50 per cent discount on late attestation fees of rental contracts. The move is in implementation of directives of H..

Posted on 18/10/2022

Here Comes The Last 2022 Rally For Abu Dhabi

The Abu Dhabi market is about to launch its last rally for this year. My last posting about this market at the beginning of 2022 pinpointed the early year top. Price has managed to exceed this high …

Posted on 18/10/2022

Dubai to see new 11-floored ‘Palm Flower’

The new project will have 11 floors with 1 penthouse on each floor and a mega-penthouse that takes up two floors Dubai to see new 11-floored ‘Palm Flower’ Alpago Properties, Dubai, Palm Flower, Palm …

Posted on 18/10/2022

Emirati entrepreneur behind UAE’s Al Habtoor City donates 100 cars to Dubai Police

Businessman Khalaf Ahmad Al Habtoor donates a generous fleet of Mitsubishi Pajero SUVs to the Police. Emirati entrepreneur behind UAE’s Al Habtoor City donates 100 cars to Dubai Police. Al Habtoor …

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