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Month: June 2023

Posted on 04/06/2023

Dubai’s booming housing market attracts Asia’s rich, with ‘clear demand-supply imbalance’ to push prices up further

The UAE’s financial capital is one of the world’s most affordable luxury property markets, with US$1 million fetching a 1,130 sq ft home versus 226 sq ft in Hong Kong Dubai’s luxury home prices are …

Posted on 04/06/2023

Dubai’s booming housing market attracts Asia’s rich, with ‘clear demand-supply imbalance’ set to push prices up further

Dubai is one of the world’s most affordable luxury property markets, according to Knight Frank. Prices are set to rise 13.5 per cent this year after climbing 44 per cent in 2022, the most globally.

Posted on 04/06/2023

Dubai World Trade Centre events fuel Dubai economy in 2022

Annual events, which included GITEX Global and Gulfood, generated $3.55 billion in economic output, of which $2.03 billion was retained within Dubai’s GDP. “2022 has been a particularly …

Posted on 04/06/2023

UAE outlines plans for asteroid mission

The United Arab Emirates has released new details about its planned mission to the main asteroid belt, one that is similar to an ongoing NASA mission.

Posted on 04/06/2023

This Week in Coins: XRP, Litecoin and Solana Outpace Bitcoin in Week of Small Gains

There were no significant losses among any of the leading cryptocurrencies this week, but a few coins rallied: XRP rose 10% to $0.52 … That day, the central banks of Hong Kong and the United Arab …

Posted on 04/06/2023

Ripple Case Could Be in Final Stretch, XRP Investors Nervously Await

Ripple’s Garlinghouse sees a light at the end of the tunnel in the U.S. SEC’s case against Ripple. He believes the company has the wind at its back and said that the court’s decision should come down …

Posted on 04/06/2023

Dubai witnessed the launch of the second edition of the First GIS Valves program in the Middle East & GCC

Launched by The Gulf Intervention Society to discuss the latest developments related to valve treatments and cardiac disease …

Posted on 04/06/2023

3 key reasons for rapid summer growth in Dubai’s real estate market

Dubai, UAE – Realiste, an AI-driven proptech company, has announced three major reasons for the predicted rapid growth of Dubai’s real estate market in the upcoming summer, using data and analytics …

Posted on 03/06/2023

Dubai Businessman Kabir Mulchandani Offers Rs 11 Lakh Party On His Plane

If Dubai hotels are constantly trying to outdo each other by reaching to stratospheric heights with their over-the-top amenities, one hotelier wants to win the battle once and for all: He’s literally …

Posted on 03/06/2023

Crown Prince of Abu Dhabi attends wedding of Khalfan Mohammed Saeed Al Mutawa Al Dhaheri

H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a wedding reception hosted by Mohamed Saeed Al Mutawa Al …

Posted on 03/06/2023

Dubai can now produce nearly half a billion gallons of water per day

Dubai’s daily production capacity of desalinated water has reached almost half a billion gallons.The Dubai Electricity and Water Authority extended the water transmission pipeline network by 64km last …

Posted on 03/06/2023

Crucial test as UAE faces West Indies in Sharjah tri-series

UAE and the West Indies will have the 2023 ICC World Cup on their minds when they face-off in a three-match ODI series which starts at the Sharjah Cricket Stadium on Sunday, June 4. Both teams will be …

Posted on 03/06/2023

UAE defends Big Oil’s role at UN climate summit it will host

A senior United Arab Emirates official says the Gulf nation wants a U.N. climate summit it’s hosting later this year to deliver “game-changing results” for international efforts to curb global warming …

Posted on 03/06/2023

Senior UAE official defends Big Oil’s role at UN climate summit that Gulf nation will host

The talks in Dubai will also see countries conduct the first ‘global … climate system and we need to support that transition for them,” said al-Suwaidi. “Finance is going to be really fundamental at …

Posted on 03/06/2023

Binance to support the Lightning Network for its exchange and wallet services

With traders and investors opting for cheaper and faster transactions, the largest exchange by trading volume is looking to integrate the Lightning Network for its Binance Pay and related wallet …

Posted on 03/06/2023

US and UAE endorse security partnership despite frustrations

Countries’ national security advisers met days after Gulf state revealed it has left American-led multinational naval task force …

Posted on 03/06/2023

UAE President expresses heartfelt condolences on tragic India train accident

We pray for the swift recovery of those who were injured,” said Sheikh Mohamed. Sheikh Mohamed Bin Zayed also tweeted his condolences in Hindi language also.

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