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Month: October 2022

Posted on 11/10/2022

Dubai business conditions remain robust

Activity and new business rose sharply despite momentum softening from recent peaks in August although there was evidence that the slowdown had led to weaker …

Posted on 11/10/2022

Sharjah records realty transactions worth Dhs1.9 billion in September

The monthly report issued by the Sharjah Real Estate Registration Department (SRERD), revealed that real estate transactions, conducted during the month of September, …

Posted on 11/10/2022

Siemens Energy plans Innovation Centre in Abu Dhabi with AIDO support

The Innovation Centre in Abu Dhabi is one of only four globally that Siemens Energy has created, with the other locations in Orlando in the US, Shenzhen in China and Berlin in Ger …

Posted on 11/10/2022

Siemens Energy to set up Innovation Centre in Abu Dhabi

Siemens Energy AG will set up its Middle East Innovation Centre in Abu Dhabi in partnership with the Abu Dhabi Investment Office (ADIO) to accelerate the journey to net zero in the UAE and globally.

Posted on 11/10/2022

Watch This Chinese Flying Taxi Take Flight Above Dubai

XPeng IncIt seems like startups and entrepreneurs have been hyping up flying taxis for years now—with little to actually show for it. However, one Chinese company has unveiled a flying car design that …

Posted on 11/10/2022

Dubai records over $408mln in realty transactions on Tuesday

DUBAI – Dubai real estate market recorded 469 sales transactions worth AED1.29 billion, in addition to 77 mortgage deals of AED190.01 million, and 8 gifts deals amounting to AED26.82 million on …
( read original story …)


Posted on 11/10/2022

Burjeel shares up15.5% after AED1.1 billion IPO

Burjeel Holdings PLC’S shares hiked 15.5 percent, hitting AED2.310 from AED2.00 on their maiden day of trading today.The company’s Initial public offering (IPO), which raised gross proceeds of more …
( read original story …)


Posted on 11/10/2022

UAE digital bank Zand’s Olivier Crespin steps down as CEO

Zand, the UAE’s first digital bank that caters to retail and corporate clients, on Tuesday said its chief executive Olivier Crespin has stepped down from the position to pursue other interests. Mr …
( read original story …)


Posted on 11/10/2022

DMCC Crypto Centre, Brinc sign deal on $150 million acceleretor fund

DMCC Crypto Centre’s growing roster of members now have access to USD 150 million fund, networking opportunities and mentoring services from Brinc …

Posted on 11/10/2022

H.E. Dr. Mugheer Al Khaili explores Abu Dhabi government platform at GITEX Global 2022

Latest innovations and smart innovations were exhibited at the event which aim to implement strategic initiatives to meet the needs, as well as ensure happiness of the community …

Posted on 11/10/2022

UAE launches new unemployment insurance scheme

Permission to reside in Gulf countries like the UAE has traditionally been tied to employment. Under recent reforms UAE residents whose visa is cancelled can remain for up to six months versus 30 days …

Posted on 11/10/2022

Coronavirus: UAE reports 321 Covid-19 cases, 296 recoveries, no deaths

The UAE Ministry of Health and Prevention on Tuesday reported 321 cases of the Covid-19 coronavirus, along with 296 recoveries and no deaths. Passengers and crew of cruise ships entering Abu Dhabi …

Posted on 11/10/2022

UAE launches unemployment insurance scheme with up to Dhs20k cover

The UAE unemployment insurance scheme could change it all, though. The Ministry of Human Resources and Emiratisation (MOHRE) has launched the unemployment insurance scheme for government and private …

Posted on 11/10/2022

Putin Hails UAE Mediation Role in Search for End to Russia’s War

Russian President Vladimir Putin said the United Arab Emirates can play a “significant” role in efforts to reach a resolution in the war in Ukraine as he held talks with the Gulf nation’s ruler.

Posted on 11/10/2022

AWS to accelerate UAE economy, powered by cloud, driven by innovation

The UAE’s vision for digital transformation Over the years, the UAE has taken concrete steps to build a robust digital economy. It is considered one of the most advanced nations in the adoption of …

Posted on 11/10/2022

Ex-wife of Dubai sheikh begs for help: ‘We are hostages in our home’

The ex-wife of a Dubai sheikh has made a video plea for help, claiming she is being harassed by authorities over a custody battle with her former husband. Mother-of-three Zeynab Javadli, 31, was …

Posted on 11/10/2022

Dubai: Largest community cycling event in the city set to return this November

The largest community cycling event in the Emirate, Dubai Ride, presented by DP World, is set to return for its third edition on 6 November 2022, as one of the key highlights of Dubai Fitness …

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