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Month: April 2023

Posted on 15/04/2023

Dubai court fines KPMG $231mn over Abraaj fallout

KPMG Lower Gulf to appeal the verdict in supreme court after a Dubai court ruled in favour of group of investors who lost money with Abraaj Dubai court fines KPMG $231mn over Abraaj fallout Abraaj, …

Posted on 15/04/2023

5G : Enfin du concret, le ministre s’engage

Le ministre des Technologies de communication, Nizar Ben Néji, a fait savoir ce samedi 15 avril que son département peaufine en ce moment même le dossier …

Posted on 15/04/2023

DEWA’s SAT-2 6U nanosatellite to launch in April

The nanosatellite was designed and developed at DEWA’s Research and Development Centre, in collaboration with NanoAvionics in Lithuania, WAM reported. DEWA Sat-2 to be used for …

Posted on 15/04/2023

Dubai’s Emirates suspends flights to Sudan following gunfire, explosions

Sudan’s paramilitary group the Rapid Support Forces (RSF) took over control of the Khartoum airport and the Presidential palace Dubai’s Emirates suspends flights to Sudan following gunfire, explosions …

Posted on 15/04/2023

UAE participates in the monetary and financial committee meeting

The UAE, represented by the Ministry of Finance, participated in the International Monetary and Financial Committee (IMFC) meeting, which was held on the sidelines of the 2023 …

Posted on 15/04/2023

UAE expresses concern over developments in Sudan, calls for calm and restraint

Furthermore, the embassy stresses the importance of efforts aimed at supporting the political process and achieving national consensus towards the formation of a government.

Posted on 15/04/2023

Biden’s weakness has led Brazil, Egypt, UAE, others to turn to China over America, senator says

Arkansas Republican Senator Tom Cotton joined ‘Hannity’ to sound off on Biden’s weakness on the world stage as allies turn to China over America.

Posted on 15/04/2023

UAE calls on all parties in Sudan to exercise restraint, state media

The agency said that the UAE Embassy in Khartoum was following “with great concern the developments in Sudan and has reaffirmed the UAE’s position on the importance of de-escalation, and working towards finding a peaceful solution to the crisis between the …

Posted on 15/04/2023

Nandos offers 1,000 iftar packs to delivery drivers in UAE

The distribution will run from 6 am to 6 pm across all restaurants, wherein each delivery driver who comes to the restaurant to collect a delivery order will be

Posted on 15/04/2023

Dubai court orders KPMG to pay $231mn for Abraaj fund audit failure

A court in Dubai has ordered KPMG Lower Gulf to pay more than $231mn to a group of investors who claim they lost money because of poor-quality audit work by the firm on a fund they were invested in.

Posted on 15/04/2023

Le Sénégal déploiera la 5G commerciale cette année

Le Sénégal s’apprête à rejoindre le cercle très fermé des pays africains à déployer la 5G. Certains opérateurs télécoms du pays ont déjà testé la …

Posted on 15/04/2023

AED111 billion of UAE-Brazil trade in 10 years

The volume of non-oil trade exchange between the UAE and Brazil during 2022 grew by 32.1 percent to US$4.038 billion (equivalent to AED 14.8 billion), compared to US$3.056 billion (AED 11.2 billion) …

Posted on 15/04/2023

UAE confirms $1bn support to unlock IMF bailout: Ishaq Dar

Finance Minister Ishaq Dar said on Friday that the United Arab Emirates (UAE) has confirmed to the International Monetary Fund (IMF) that it will provide support of $1 billion to Pakistan.’UAE …

Posted on 15/04/2023

New Bridge in Abu Dhabi Cuts Travel Time by 72%

In Abu Dhabi, a new bridge, connecting East and West Bani Yas, has been announced, which will reduce travel time from 11 minutes to merely 3 minutes.

Posted on 15/04/2023

Dubai: Airline announces flight cancellations to Sudan amid ongoing conflict

“Due to the current situation in Sudan, flydubai flights between Dubai and Khartoum Airport (KRT) have been cancelled from April 15 until April 17,” a flydubai spokesperson told on Saturday. “We will …

Posted on 15/04/2023

Morgan Stanley sees cash buyers and Chinese buoying Dubai property

Dubai’s real estate is booming after the government’s handling of the pandemic and its liberal visa policies attracted more foreign buyers …

Posted on 15/04/2023

Two separate sermons to be held if Eid falls on Friday: UAE Fatwa Council

If Eid Al Fitr 2023 falls on Friday (April 21), the Eid prayer and Friday prayer will be performed separately, according to a statement issued by the Fatwa Council of the UAE on Friday.

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