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Month: October 2022

Posted on 18/10/2022

UAE property buyers rush to lock in mortgages amid rising rates – JLL

Residential property sales in the UAE continue to build a strong momentum, bolstered by stronger demand and increasing buyer activity. Meanwhile, buyers are turning to mortgage financing as they rush …

Posted on 18/10/2022

Spectacular Orionids meteor shower to be highly visible in UAE skies this week

The Orionids meteor shower is expected to be highly visible in the UAE this week. About 10 to 20 meteors per hour will be shooting across the skies late on Friday and into the early hours of Saturday.

Posted on 18/10/2022

UAE: Emerge signs agreement to develop solar plant for Khazna Data Centres Facility in Masdar City

ABU DHABI – Emerge, a joint venture between Masdar and EDF, and Khazna Data Centres, the largest network of hyperscale data centres in the Middle East and North Africa region, have signed an agreement …

Posted on 18/10/2022

Masdar and EDF joint venture to develop solar plant to power Khazna data centre

Emerge, a joint venture between Masdar and France’s EDF, has signed an agreement with Khazna Data Centres to develop a ground-mounted solar photovoltaic plant that will power Khazna’s new data centre …

Posted on 18/10/2022

MAF transforms Tilal Al Ghaf office with Solar Hybrid Power system

The new power system is set to supply enough clean energy to meet the predicted total annual power requirement at Tilal Al Ghaf. MAF transforms Tilal Al Ghaf office with Solar Hybrid Power system.

Posted on 18/10/2022

Snapchat reveals 65 percent of UAE population will adopt augmented reality by 2025: Report

The study states that there is a growing demand for Augmented Reality in day-to-day life Snapchat reveals 65 percent of UAE population will adopt augmented reality by 2025: Report AR shopping …

Posted on 18/10/2022

UAE energy minister:OPEC+ output cut was correct decision, no politics behind it

The United Arab Emirates believes OPEC+ made the correct technical choice when it agreed to cut production and the unanimous decision had nothing to do with politics, energy minister Suhail …

Posted on 18/10/2022

Dubai fintech rolls out investment app

Pasiv’s app has been developed as a conversational AI, intended to help investors manage their long-term investments in US stocks and ETFs #dubai #uae …

Posted on 18/10/2022

Abu Dhabi Plans to Boost Non-Oil Exports to $48bn by 2031

The Abu Dhabi Department of Economic Development (ADDED) said it will back the manufacturing sector to boost the Emirate’s non-oil exports from AED73.5 …

Posted on 18/10/2022

UAE committed to increasing its oil production capacity, minister says

The United Arab Emirates is committed to increasing its oil production capacity, energy minister Suhail al-Mazrouei said on Tuesday.

Posted on 18/10/2022

T20 WC: Dutch register 2nd win, SL back in business with big win over UAE

Netherlands made heavy weather of a small target before eking out a five-wicket win against Namibia in the T20 World Cup here on Tuesday …

Posted on 18/10/2022

UAE: Huawei Connect 2022 makes regional debut in Dubai

Huawei Connect 2022 brought more than 3,000 industry stakeholders to discuss “Innovative Infrastructure to Unleash Digital”.

Posted on 18/10/2022

Dubai’s Union Properties agrees to $162 million debt restructuring plan

The plan comes as part of a wider corporate turnaround strategy Dubai’s Union Properties agrees to $162 million debt restructuring plan Debt restructuring, Dubai property developer, Dubai real estate, …
( read original story …)


Posted on 18/10/2022

Dubai: Real estate firm completes Dh595-million debt restructuring

The successful plan marks a major milestone in the company’s turnaround strategy, which was announced during the first quarter of 2022 …
( read original story …)


Posted on 18/10/2022

Sharjah adds 2,440 paid parking slots as it shuts 53 ‘free’ yards

Authorities urge the public to maintain the cleanliness of their vehicles and to ensure they are parking in an appropriate manner …

Posted on 18/10/2022

Sharjah Consultative Council to discuss draft amendment to emirate’s real estate registration law

The scheduled discussion by SCC followed it receiving the report from the legislative and legal affairs committee Sharjah Consultative Council to discuss draft amendment to emirate’s real estate …

Posted on 18/10/2022

Credit Suisse Investment Bank draws interest from Abu Dhabi, Saudi Arabia

Credit Suisse had already seen major investors in Qatar Investment Authority and Saudi Arabia’s Olayan Group Credit Suisse Investment Bank draws interest from Abu Dhabi, Saudi Arabia Abu Dhabi, Credit …

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