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Month: April 2023

Posted on 14/04/2023

UAE Central Bank reports rise in cash deposits

ALBAWABA – The Central Bank of the United Arab Emirates has reported an increase in cash deposits to UAE Dirham (AED) 645.2 billion ($175.7 billion) in January, up by 5.6 percent. The figured compared …

Posted on 14/04/2023

AED 245.5 bn saving deposits in UAE banks by end of January 2023

Saving deposits in the UAE banking system, excluding interbank deposits, increased to AED245.537 billion by the end of January 2023, a YoY growth of approximately AED2.023 bn, or 0.92 percent, from …

Posted on 14/04/2023

Sharjah Children’s Reading Festival to begin on May 3

The much-anticipated 14th instalment of the Sharjah Children’s Reading Festival is set to commence on May 3rd at the Expo Centre Sharjah, until March 14. This year’s cultural extravaganza will bring …

Posted on 14/04/2023

UAE will not ‘jeopardize’ rules to attract Russian wealth: Trade minister

UAE Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi spoke at a virtual event hosted by the Washington-based Atlantic Council. The conversation touched on UAE-Russia relations, Abu Dhabi …

Posted on 14/04/2023

Love Island star QUITS the UK for a high-flying recruitment job in Dubai

A Love Island star has quit the UK and the world of showbiz for a high-flying recruitment job in Dubai. Despite appearing on the Season 6 winter series of the show, Jamie Clayton, now 30, was unlucky in love in the villa. He entered the villa on day 31 …

Posted on 13/04/2023

Sharjah Performing Arts Academy Highlights Their Exclusive Trinity Level 6 Dance Diploma

Sharjah Performing Arts Academy (SPAA) is proud to highlight its Level 6 Diploma in Professional Dance, the only p …

Posted on 13/04/2023

UAE preserves its global leadership in the Nation Brand Performance index 2023

The UAE ranked 10th globally in Nation Brand Strength index and 16th globally and 1st in MENA in Nation Brand Value index. Issued by the world’s leading brand valuation consultancy “Brand Finance”, …

Posted on 13/04/2023

Listed UAE firms post higher rate of growth in profits than GCC peers

L isted companies in the UAE recorded a higher growth rate in net profits during 2022 compared to their peers in the rest of the GCC, primarily driven by earnings growth in the banking, real estate, …

Posted on 13/04/2023

Gachagua receives first petroleum import under govt to govt deal

The oil tankers are being received from United Arab Emirates (UAE) after the Kenyan government signed a Government-to-Government (G2G) deal with UAE’s Abu Dhabi National Oil Corporation (ADNOC) Global …

Posted on 13/04/2023

Sharjah eye President’s Cup final berth, Al Ain face Al Wasl challenge

Sharjah, who have a lead of one-goal in their first leg, are the favourites. Sharjah coach Cosmin Olaroiu said that they are confident but wary of Ajman.

Posted on 13/04/2023

UAE: Dh500 fine for double parking, blocking vehicles in Sharjah

Sharjah Police has called on motorists to avoid parking behind vehicles in a manner that blocks movement, thereby obstructing traffic. In a post on Instagram on Thursday, the authority reminded …

Posted on 13/04/2023

A Great Value Luxury Break To Abu Dhabi – Culture, Beaches And Thrills

For example, Ras Al Khaimah is known as the nature emirate thanks to its stunning scenery. In contrast, Abu Dhabi is becoming the cultural capital of the Emirates with its art galleries and religious …

Posted on 13/04/2023

UAE’s One Billion Meals Endowment campaign reaches Dh750 million in 20 days

The UAE’s One Billion Meals Endowment campaign has raised Dh750 … the money will be placed into endowment funds from which financial returns will be spent on helping to feed the needy. The aim is to …

Posted on 13/04/2023

Operation Microscope: Dubai Police bring down international gang targeting villas and bank clients

In a high-quality operation dubbed “Operation Microscope,” the Dubai Police General Command successfully dismantled an organised criminal gang specialising in residential villa thefts and targeting …

Posted on 13/04/2023

Dyson unveils new Mall of the Emirates demo store

Dyson expands its retail presence in the UAE with the opening of its Mall of the Emirates demo store on 28 March. The new immersive store will be the …

Posted on 13/04/2023

Dubai Police arrest four criminals who went on Dh2m villa burglary spree

Dubai Police arrested a criminal gang who are believed to have carried out burglaries on several villas after flying into the emirate on tourist visas. The force said the four-man gang, whose …

Posted on 13/04/2023

Dubai Police bust gang international gang of robbers targeting villas and bank clients

The operation involved putting the gang members “under the microscope,” meticulously monitoring their movements and activities both within and outside the country.

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