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Month: December 2022

Posted on 12/12/2022

Abu Dhabi Investment Authority to invest $350-$400 million in Lenskart: Report

The investment will likely be through a secondary sale of shares with a small primary round consisting of growth equity at a $4.5 billion valuation …

Posted on 12/12/2022

Viktor Bout reveals that he supports Russia’s war on Ukraine and shares what he said to Brittney Griner in Abu Dhabi

Viktor Bout the arms dealer who was traded for Brittney Griner had things to say to the WNBA star during the prisoner swap at the tarmac in Abu Dhabi when they were both returning …

Posted on 12/12/2022

Dubai Destinations campaign highlights winter attractions

The Dubai Destinations winter campaign has returned this year to run until February 2023 showcasing the attractions and experiences that make the emirate a top pick among global destinations in the …

Posted on 12/12/2022

Dubai: Police rescue family of six lost in mountains

The team at Hatta Police Station rescued a family that had lost their way hiking in the mountains. They had veered off path and were lost and exhausted. Colonel Abdullah Rashid Al Hafeet, Deputy …

Posted on 12/12/2022

Israeli start-up launches UAE-regulated crypto meant to fight inflation

Gigantic insolvencies burned multitudes of clients and will make up considerable hindrances to cryptocurrency mainstream adoption. A UAE-regulated Israeli firm may fix this.

Posted on 12/12/2022

What to know before starting a business in Dubai, UAE

Life in Dubai seems very attractive, especially for entrepreneurs. Living where others vacation is a dream that not everyone can fulfil. In addition, the city offers unbelievable opportunities for …

Posted on 12/12/2022

UAE Asks State Entities To Buy Local In Food Security Push: Minister

The United Arab Emirates has directed government entities such as the armed forces and hospital authorities to buy locally gro …

Posted on 12/12/2022

Tamkeen Launches 4Th ‘Ideas Abu Dhabi’ Thought-Leadership Platform

Tamkeen, in association with the Aspen Institute, today announced the return of Ideas Abu Dhabi, one of the UAE’s flagship thought-leadership platforms. The announcement was made during an event …

Posted on 12/12/2022

Serbian side Ub earn first FIBA 3×3 World Tour title in Abu Dhabi

Serbian side Ub have beaten Vienna from Austria to claim their first-ever International Basketball Federation 3×3 World Tour title in the …

Posted on 12/12/2022

Dubai: Emirates President Sir Tim Clark Named Executive Of The Year

Sir Tim Clark, president of Emirates airline, has been named Executive of the Year by the Centre for Aviation (Capa), a global aviation consultan …

Posted on 12/12/2022

Dubai: 5-year-old child falls to death from high-rise building in Qusais

A five-year-old child of Asian descent has died after falling from her apartment near Al Bustan centre in Al Qusais in a freak accident. The Dubai police have confirmed the incident that took place on …

Posted on 11/12/2022

SpaceX, Japan, UAE team up for new lunar lander launch

In addition, the lander is carrying an orange-sized sphere from the Japanese Space Agency that will transform into a wheeled robot on the moon. Also flying: a solid state battery …

Posted on 11/12/2022

UAE asks govt entities to buy locally grown produce in food security push

Emirates, which will host the COP28 climate conference next year, is making a big push on food security in the region and beyond …

Posted on 11/12/2022

Luberef IPO: Saudi Aramco’s refining unit set to raise $1.32bn from offering

The refining unit of oil company Saudi Aramco sold more than 50 million shares, or about 29.7 per cent of the company’s issued share capital, with the IPO drawing strong demand from investors in the …

Posted on 11/12/2022

UAE to collect 9% corporate tax from companies

The United Arab Emirates (UAE) on Friday issued a corporate tax law, under which a nine per cent tax rate will be applicable on companies posting a profit of above 375,000 dirhams, Khaleej Times …

Posted on 11/12/2022

We Went To Dubai’s 2022 Gulf Historic GP Revival And Wow, What An Eargasm That Was!

The second edition of the Gulf Historic Dubai GP Revival concluded last month, just a week after the 2022 F1 Finale in the neighboring emirate of Abu Dhabi, the timing strategically planned to …

Posted on 11/12/2022

Dubai real estate: $2.478bn of property deals this week

Dubai real estate continued its strong run with more than $2.478bn (AED9.1bn) in property transactions this week. According to data compiled by the Dubai Land Department there were 3,186 transactions …

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