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Month: May 2023

Posted on 08/05/2023

Sharjah: GDP grows by over 5%; top sectors revealed

The ‘significant upswing’ in the emirate’s economy is as per the DSCD’s preliminary estimates, based on comprehensive economic survey results from 2017-2021 …

Posted on 08/05/2023

UAE fans mourn death of Emirati artist Majid Al Falasi, voice of cartoon character from Freej series

Emirati actor and voice artist Majid Al Falasi has passed away at the age of 33. Al Falasi was known for his iconic voiceover of the character ‘Um Saeed’, ..

Posted on 08/05/2023

Coinbase considers UAE a potential international hub

Coinbase Inc Chief Executive Brian Armstrong on Monday said that the United Arab Emirates could serve as a hub for the Middle East as well as for parts of Africa and Asia.

Posted on 08/05/2023

Dubai: DEWA reports $1.5bn revenue, $208m profit

More people using more electricity and water in Dubai lead to surge in Q1 earnings for DEWA Dubai: DEWA reports $1.5bn revenue, $208m profit DEWA, Dubai, Electricity, electricity consumption, …

Posted on 08/05/2023

Dubai DEWA’s consolidated profit rises 10% to $208mln in Q1 2023

The first-quarter consolidated revenue rose 7.3% year-on-year to AED 5.44 billion, fuelled by higher demand for electricity, water, and cooling services, the company said in a regulatory statement on …

Posted on 08/05/2023

FinTech growth ‘helping DIFC to outpace’ Dubai economic expansion

The FinTech sector has emerged as a main contributor to the Dubai International Financial Centre’s growth and has helped the financial centre to outpace the emirate’s economic expansion over the past …

Posted on 08/05/2023

Dubai Residents turn to short-term rentals in hot rental market, according to GuestReady

Increases in long-term rental prices have led to increased demand in short-term rentals in Dubai, according to GuestReady …

Posted on 08/05/2023

Tunisie, en route vers la 5G : les Tunisiens sont prêts, selon les indicateurs de consommation

PartagezTweetezPartagez0 Partages La 5G fera son entrée officielle en Tunisie en 2024. Les bruits de couloirs parlent du lancement de l’appel d’offres pour l’octroi de la licence d’exploitation 5G aup …

Posted on 08/05/2023

Huawei shares future vision for 5.5G, ICT green development and Giga City in the region at SAMENA Leaders’ Summit 2023

WSIS discusses enhancing digital trust for a sustainable, connected, intelligent world at SAMENA Leaders’ Summit 2023 …

Posted on 08/05/2023

UAE: Al Sharatan star to mark start of summer season, rise within days

The , but there is something to look forward to for stargazers in the UAE. The Emirates Astronomical Centre has announced a significant celestial event in a few days. On May 12, the star ‘Al Sharatan’ …

Posted on 08/05/2023

UAE FX firms plan to acquire new tech capabilities, partnerships amid ‘de-dollarization’ talks gaining currency

The UAE and India are reportedly in talks to use rupee to trade non-oil commodities, while Saudi Arabia has reportedly said it is open to trading in currencies besides the US dollar – in moves seen as …

Posted on 08/05/2023

How Business Consultants in UAE can Help You Navigate Local Regulations and Compliance Issues

Navigating local regulations and compliance requirements can be a daunting task for any business operating in the UAE. Staying compliant with the regulations and avoiding penalties can be difficult …

Posted on 08/05/2023

DSCD reveals 5.2% growth in Emirate of Sharjah GDP bringing it to AED 136.9bln in 2022

The initial estimates by the Department of Statistics and Community Development were based on the comprehensive economic survey results between 2017-2021 …

Posted on 08/05/2023

Forthcoming report on Abu Dhabi to chart SME expansion as Economic Vision 2030 gathers momentum

The Report: Abu Dhabi 2023 will chart the emirate’s swift recovery from the Covid-19 pandemic, which has been galvanised by reforms introduced to enhance the investment climate and facilitate …

Posted on 08/05/2023

Abu Dhabi’s GDP exceeded $272bn in 2022, with half from non-oil sector

Abu Dhabi’s gross domestic product exceeded Dh1 trillion ($272.3 billion) last year, with the non-oil sector accounting for half of it, a senior official has said. The UAE capital aims to increase its …

Posted on 08/05/2023

Abu Dhabi Police Thwart Attempt to Smuggle Millions of Captagon Tablets Disguised as Dried Apricots

The Abu Dhabi Police has arrested a gang consisting of three individuals who attempted to smuggle 2.25 million tablets of the drug “Captagon” and hide them inside boxes containing dried apricots, …

Posted on 08/05/2023

Abu Dhabi Police Bust Gang Attempting To Smuggle Drugs Inside Dried Fruits Boxes

The Abu Dhabi Police on Monday announced the arrest of a three-member gang attempting to smuggle a massive quantity of the drug Captagon’. The gang had hidden 2.25 million tablets of the illegal …

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