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Month: April 2023

Posted on 24/04/2023

Dubai Rises as the Preferred Choice for Group Travelers Benefitting from Private Transport Services

Dubai, UAE, April 13, 2023 – As Dubai rapidly gains fame as one of the world’s top travel destinations, the advantages …

Posted on 24/04/2023

Drydocks World Dubai: behind its restructure

Drydocks World Dubai’s chief executive tells CST how the company is diversifying – and unveils its long-term strategic plan …

Posted on 24/04/2023

Fugro to perform extensive offshore surveys in the Middle East

Fugro will perform a series of offshore surveys including geophysical, geotechnical and remotely operated vehicle (ROV) inspections supported by advanced engineering and geoconsulting studies to help …

Posted on 24/04/2023

UAE: Why young residents are increasingly buying boats

Recreational boating is seeing a fresh wave of new buyers, who are on average 15 years younger than they were 20 years ago …

Posted on 24/04/2023

Sheikh Sultan commits Dhs100 million to combat tower fires in Sharjah

His Highness Sheikh Dr Sultan Bin Mohammad Al Qasimi, the Supreme Council Member and Ruler of Sharjah, has committed Dhs100 million towards the first phase of a project aimed at mitigating fires in …

Posted on 24/04/2023

UAE: Buildings to have fire-resistant claddings in Sharjah

A new project announced in Sharjah will see facades of buildings replaced with fire-resistant claddings. The Ruler of Sharjah has approved Dh100 million to start the first phase of the project that …

Posted on 24/04/2023

Sharjah Ruler commits $27.2mln to combat tower fires

The project’s objective is to replace the combustible aluminum facades of these towers with non-combustible ones …

Posted on 24/04/2023

UAE bourses end higher on hope of Fed rate hike pause

Stock markets in the United Arab Emirates (UAE) ended higher on Monday on the expectation that the U.S. Federal Reserve is nearing the end of its monetary policy tightening cycle.

Posted on 24/04/2023

‘A massive record-breaker’: A plot of sand the size of half a football field just sold for $34 million on a luxury Dubai island

The Jumeriah Bay Island sand plot is half the size of a football field, and netted PrettyLittleThing founder Umar Kamani more than 242% profit.

Posted on 24/04/2023

Indian company eyeing Dubai schools in $1 billion investment

JV Ventures also keen on Bahrain and Oman as it plans to buy 12-15 schools and then lease it to operators in Middle East and Far East Indian company eyeing Dubai schools in $1 billion investment …

Posted on 24/04/2023

Dubai sand plot sells for record-breaking $34m

Dubai land sold for a national record AED5,100 per square foot Dubai sand plot sells for record-breaking $34m Dubai, Dubai real estate, Jumeirah Bay Island, Knight Frank Real Estate …

Posted on 24/04/2023

Emirates NBD Priority Banking introduces Signature, an exclusive new proposition for the ultra-high-net-worth client segment

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has introduced a new banking proposition within its Priority Banking segment, to cater to its elite …

Posted on 24/04/2023

Fitch upgrades United Arab Bank’s VR to ‘b+’ and affirms IDR at ‘BBB+’, outlook stable

The upgrade of UAB’s VR reflects the bank’s improved business profile following the asset quality clean up and new strategy …

Posted on 24/04/2023

UAE: Victims of violence to receive enhanced care after new Abu Dhabi Police partnership

Victims of violence in Abu Dhabi will receive better care after Abu Dhabi Police and Abu Dhabi Centre for Shelter and Humanitarian Care signed an agreement. The agreement, signed by Major General …

Posted on 24/04/2023

SeaWorld® Yas Island, Abu Dhabi celebrates Earth day with an ocean-inspired sand mural on Yas north beach

The sand mural is a powerful symbol of this commitment, and a celebration of the natural world that we all share …

Posted on 24/04/2023

Filipino sand artist creates Earth Day mural for SeaWorld Abu Dhabi

Dubai sand artist Nathaniel Alapide has created a special mural for Earth Day on the Yas Island beach. Commissioned by SeaWorld Abu Dhabi, Alapide — who set a Guinness World Record for largest sand …

Posted on 24/04/2023

Abu Dhabi Multiply Group set to acquire 55% of UAE outdoor media company

Abu Dhabi-based Multiply Group, an investment holding company, has made a binding offer to acquire a 55% stake in Media 247, a UAE-based outdoor advertising company. Multiply Group is yet to disclose …

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