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Month: February 2023

Posted on 02/02/2023

Dubai Customs launches new cargo system to combat illegal trade

Dubai conducts trade with more than 200 nations. AFP . Dubai Customs has launched a new cargo system to enhance security measures, combat illeg …

Posted on 02/02/2023

‘Megalux’ solar racing car takes to the streets of Sharjah

Sharjah Research, Technology and Innovation Park (SRTIP) made another emphatic move toward becoming a green transportation incubation hub and a testing centre for innovative technologies by bringing …

Posted on 02/02/2023

Dubai real estate: $674m of property deals on Thursday

Dubai on Thursday Dubai real estate: $674m of property deals on Thursday Dubai, Dubai Land Department, Dubai real estate Real Estate …

Posted on 02/02/2023

Big start for Dubai realty as January sale deals surge 129%

The value of transactions in the first month of 2023 recorded a surge of 178 per cent to over Dh28 billion, according to data provided by Property Finder …

Posted on 02/02/2023

Senegal president says finance constraints lifted for DP World’s $1.1 bln port

The project is a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar. The partners broke ground in January 2022, but further discussions on finance and legal …

Posted on 02/02/2023

Crypto exchange Kraken shuts Abu Dhabi office

Cryptocurrency exchange Kraken has shut its Abu Dhabi office less than a year after securing a license in the region, a spokesperson said on Thursday, as the company seeks to sharpen its focus after …

Posted on 02/02/2023

Aldar teams up with Dubai Holding as it seeks to enter Dubai property market

Abu Dhabi’s largest listed developer Aldar Properties has signed a joint venture agreement with Dubai Holding as it seeks to develop new real estate projects across prime locations in Dubai. The deal …

Posted on 02/02/2023

UAE ‘Sultan of Space’ grapples with Ramadan fast on ISS

The second Emirati to journey into space, martial arts enthusiast Sultan AlNeyadi, weighed up Thursday performing Ramadan in orbit — and promised to pack his jiu-jitsu suit for the ride.”I will also …

Posted on 02/02/2023

UAE’s 6-month space mission: Astronaut Sultan Al Neyadi reveals what he’ll miss most on earth

The ground team at the Mohammed Bin Rashid Space Centre is preparing some surprises to make the astronaut feel at home on the International Space Station …

Posted on 02/02/2023

UAE ranks 3rd globally for superior digital govt services

The UAE ranks among the top three nations globally for superior digital government services, a feat underscoring the fast-track digital transformation of a nation targeting a $140 billion digital …

Posted on 02/02/2023

Coronavirus: UAE reports 80 Covid-19 cases, 84 recoveries, no deaths

The UAE Ministry of Health and Prevention on Thursday reported 80 cases of the Covid-19 coronavirus, along with 84 recoveries and no …

Posted on 02/02/2023

Look: Dubai’s most expensive, 9-bedroom, sea-facing apartment sold for a whopping Dh410 million

The 27-storey Bvlgari Lighthouse will house 31 penthouses and the magnificent three-storey Sky Villa, featuring nine bedrooms and a private 13,000-square-foot terrace …

Posted on 02/02/2023

93-km-long climate-controlled bike path to keep cyclists cool in Dubai

Think of cycling- and pedestrian-friendly cities and you’ll likely come up with somewhere like Amsterdam or Utrecht, but perhaps Dubai will eventually be in the conversation too if an ambitious new …

Posted on 02/02/2023

Gulf markets mixed as Qatar falls, Dubai gains

Feb 2 (Reuters) – Qatar’s stock market was the worst performer among mixed Gulf bourses on Thursday amid volatile energy markets, while Dubai shares ended higher on a strong banking sector performance …

Posted on 02/02/2023

Dubai Islamic Bank to sell dollar sustainable sukuk

Dubai Islamic Bank has hired banks to arrange an issuance of US dollar-denominated sustainable sukuk, or Islamic bonds, a bank document showed on Thursday. Bank ABC …

Posted on 02/02/2023

Seoul Samsung rues ‘breach of contract’ as Justine Baltazar still in Dubai

Baltazar is still in Dubai with the Strong Group, contributing four points, four boards, and one steal in over 14 minutes off the bench in their 89-83 loss to Dynamo Lebanon in the Dubai International …

Posted on 02/02/2023

Dubai Financial Market profits hit $40m, investors cross million mark

The Dubai Financial Market reported a net profit of AED147.1m ($40.05m) for the fiscal year 2022, representing a 41.7 percent increase compared to AED103.8m ($28.26m) in 2021. Total revenue increased …

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