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Month: June 2023

Posted on 09/06/2023

Nearly 7,000 Abu Dhabi cafes and restaurants to be given new food safety rating

The Abu Dhabi Agriculture and Food Safety Authority (Adafsa) has launched a new initiative to affix Zadna Rating stickers to the exteriors of nearly 7,000 food establishments across the emirate. The …

Posted on 09/06/2023

UAE Fintech Optasia Hires Moelis for Potential Sale, IPO

United Arab Emirates-based Optasia is weighing strategic options, including a sale or initial public offering in the Middle East, people with knowledge of the matter said.

Posted on 09/06/2023

Abu Dhabi, Luxembourg to enhance ties and support sustainable finance

The Abu Dhabi Securities Exchange (ADX) and the Luxembourg Stock Exchange (LuxSE) announced the signing of a Memorandum of Understanding (MoU) between the two parties.

Posted on 09/06/2023

UAE’s Burjeel, US-based Northwell Health to launch neuroscience institute in UAE

The Neuroscience Institute will be located at Burjeel Medical City, and will provide advanced care for adult and pediatric patients with neurological disorders, including autoimmune brain disorders, …

Posted on 09/06/2023

Interbank fund transfers in UAE hits AED3.89 trillion in Q1, 2023

The apex bank data also revealed that March was the busiest month with dirham-denominated transfers standing at AED1.46 trillion Interbank fund transfers in UAE hits AED3.89 trillion in Q1, 2023 Abu …

Posted on 09/06/2023

Businesses in Dubai non-oil private sector hit over three-year high

Businesses in Dubai’s non-oil private sector reported a further improvement in operating conditions in May, with growth softening from April but remaining robust. Firms showed stronger confidence in …

Posted on 09/06/2023

Dubai posts second weekly gain, Abu Dhabi inches higher

Stock markets in the United Arab Emirates edged higher on Friday ahead of a widely expected pause in interest rate hikes by the U.S. Federal Reserve, alhtough falling oil prices limited gains.

Posted on 09/06/2023

Dubai: Municipality carries out beautification works at parks in the city

Renovations were carried out in two playgrounds in Al Barsha Pond Park and Al Warqa Park and two basketball courts in Al Jafiliya Square and Satwa Park …

Posted on 09/06/2023

‘Nightmare’ for Leeds couple stranded in Dubai with £11,000 medical bill after wife suffers ‘full body spasms’

A husband and wife who lived in Leeds have been left stranded in Dubai due to an unpaid £11,000 medical bill.

Posted on 09/06/2023

TPA: Truth about port agreement with Dubai firm

TPA director general Plasduce Mbossa says there is a campaign of misinformation meant to whip up emotions and discredit the plan.

Posted on 09/06/2023

Dubai International Chamber boosts bilateral trade and investment with launch of new Singapore office

Dubai International Chamber, one of the three chambers operating under Dubai Chambers, has launched a new international representative office in Singapore. This press release features multimedia. View …

Posted on 09/06/2023

UAE’s ADQ fund powers world’s first solar desalination plant for agriculture

Silal, part of Abu Dhabi’s state-backed firm ADQ, has partnered with Netherlands-based Desolenator, to launch a pilot project deploying solar-powered desalination technology to produce pure water for …

Posted on 09/06/2023

UAE Clean Energy Firm Masdar Plans First Green Bond Sale in June

The UAE was the first Persian Gulf oil state to declare a net zero … Masdar has “a humongous target” to boost solar and wind power capacity to 100 gigawatts by 2030 from above 20 now, an effort that …

Posted on 09/06/2023

Masdar submits lowest bid for world’s largest solar park

The solar park is renowned for being the largest single-site solar park globally, with a capacity of 1,800MW. Masdar submits lowest bid for world’s largest solar park. abu dhabi, dewa, Dubai …

Posted on 09/06/2023

Saudi Arabia overtakes China as Kenya’s top import market

KNBS data show the surge in imports from Saudi Arabia in March was largely driven by …

Posted on 09/06/2023

Migrants in UAE, including Pakistanis, turn to crypto to send remittances home

Muhammed Bilal used to have to wait his turn outside a money transfer office in the scorching heat of Dubai to …

Posted on 09/06/2023

Watch: 50-foot inflatable emoji floats in Dubai Creek; here’s what it means

C urious onlookers are wondering what a wacky 50-foot floating emoji is doing on Dubai Creek that was released early morning on Thursday. At the flip side of the inflatable is a hashtag message …

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