A total of 3,050 real estate transactions worth Dhs10.4 billion were conducted during the week ending May 5th, 2023, according to figures released by the Dubai Land Department (DLD).
Mega projects and 2022-23 growth surge give Dubai’s tourism sector a strong head start
Dubai’s tourism industry has begun the year 2023 on a bright note with vital growth indicators closing in on pre-pandemic levels, giving the emirate a head..
Geidea backs Dubai FinTech Summit calls for harmonised regulatory framework in GCC
ZEX PR WIRE , One of Middle East’s largest FinTech companies Geidea has become the latest sponsor of the Dubai FinTech Summit, a platform it will use to call for a harmonised regulatory framework in …
Gaming to make up 4% of Wynn’s planned UAE resort -tourism executive
Hotel and casino giant Wynn Resorts’ planned project in Ras Al Khaimah is the emirate’s largest FDI project, an official said, and 4% of the resort will be dedicated to gaming, underscoring the UAE’s …
Azizi Developments to spend $16bn on developing new hotels and resorts in Dubai
Azizi Developments plans to spend up to Dh60 billion ($16.33 billion) on developing a portfolio of 50 luxury hotels and resorts, including a seven-star hotel, in Dubai as the emirate’s tourism sector …
UAE ‘ahead of the curve’ in crypto, digital asset regulation, experts say
In an industry that is “thirsty for regulation,” the UAE is already ahead, experts say UAE ‘ahead of the curve’ in crypto, digital asset regulation, experts say Abu Dhabi, binance, crypto, …
UAE issues warning for companies to provide housing for employees
UAE announces rules for staff accommodation for workers in the country UAE issues warning for companies to provide housing for employees housing, Ministry of Human Resources and Emiratisation (MoHRE), …
UAE sends 30 tonnes of urgent food supplies to Sudan
The UAE is one of the first countries to send direct relief to Sudan under the directives of the UAE leadership and as part of their enduring efforts to support the Sudanese people and contribute to …
UAE’s ADNOC to supply full crude volumes to Asian buyers in July
The Abu Dhabi National Oil Company (ADNOC) has informed at least three buyers in Asia that it will supply full contractual volumes of crude in July, steady from the previous month, trade sources said …
UAE petrol prices plunge 33%, diesel drops 39%
Price of petrol and diesel in UAE drops massively in less than a year UAE petrol prices plunge 33%, diesel drops 39% Diesel, Diesel Prices, Dubai petrol prices, Emarat, petrol prices, Petrol prices in …
ADIB boosts Abu Dhabi index, Dubai retreats
The Abu Dhabi index closed higher on Friday, boosted by gains in Abu Dhabi Islamic Bank after sovereign wealth fund Mubadala Investment sold its 7.6% stake in ADIB to the lender’s major shareholder, …
Abu Dhabi issues green tourism guidelines
Abu Dhabi (DCT Abu Dhabi) has announced three initiatives geared at promoting sustainable tourism in the emirate. These include the launch of six sector-specific sustainable tourism guidelines; a …
DCT Abu Dhabi cooperates with industry partners to develop sustainable tourism goals through new initiatives
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced new initiatives aimed at promoting sustainability within the tourism industry, enabling partners to adopt and apply …
Young DJ inspires dozens at Sharjah reading festival
I used to watch my dad practicing at the turntables and got quite interested in DJing. On my fifth birthday, I told him I want to be a world-famous DJ and he bought me my first equipment,” said …
UAE: Sharjah Ruler orders purchase of Dh2.5 million worth of books from reading festival
The latest titles from over a hundred publishers will be distributed across the emirate’s public and government libraries …
Bank of Sharjah Boosts Capital by AED 800 Million
Bank of Sharjah PJSC (Abu Dhabi SE: BOS) (the “Bank” or the “Group”), one of the leading commercial banks in the UAE, today announced the approval to increase the capital by AED 800 million during its …