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Month: July 2023

Posted on 27/07/2023

Hedonova navigates the future of alternative investment in UAE

The global hedge fund underlines strategies for success in UAE’s alternative investment market …

Posted on 27/07/2023

DIFC Innovation Hub kicks off FinTech Accelerator Programme 2023

Dubai International Financial Centre ( DIFC) launched the ninth edition of DIFC Innovation Hub’s FinTech Accelerator Programme. The 2023 edition focuses on open banking and AI, automation, innovative …

Posted on 27/07/2023

Sharjah Ruler’s Court mourns passing of Sheikh Saeed bin Zayed Al Nahyan

The Court of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, mourned the late Sheikh Saeed bin Zayed Al Nahyan, Abu Dhabi Ruler’s Representative, who passed …

Posted on 27/07/2023

Dubai lender Emirates NBD says Q2 net profit jumps to record 6.2 bln dirhams

Emirates NBD , Dubai’s biggest lender by assets, said its second-quarter profit surged 78% to a record 6.2 billion dirhams ($1.69 billion) on higher margins, an improved deposit and loan mix, and …

Posted on 27/07/2023

Abu Dhabi royal family member Sheik Saeed passes away; Three day mourning in UAE

Sheik Saeed bin Zayed Al Nahyan, member of the royal family of Abu Dhabi, passed away while undergoing treatment for his illness. He is the brother of UAE President, His Highness Sheik Mohamed bin …

Posted on 27/07/2023

Abu Dhabi: Explore cosmos, go kayaking, get close with animals with summer camps for children

From physical activities to increase stamina to hands-on projects to indulge into one’s curiosity, these summer camps are here for the win …

Posted on 27/07/2023

Abu Dhabi: Win Dh15 million, other prizes, as Big Ticket offers more chances to get lucky

In addition to the grand prize, there is a second prize amount of Dh100,000, a third prize of Dh90,000, and seven other cash prizes …

Posted on 27/07/2023

Abu Dhabi then and now: The Corniche’s transformation

EXCLUSIVE: Looking back at the massive transformation of one of the most popular areas in Abu Dhabi. Abu Dhabi then and now: The Corniche’s transformation. Abu Dhabi before and after, Abu Dhabi then …

Posted on 27/07/2023

UAE, other GCC nations hike interest rates as US Fed benchmark hits 22-year high

GCC central banks hike interests rates following the Fed’s decision to take benchmark borrowing costs to their highest level since 2001 UAE, other GCC nations hike interest rates as US Fed benchmark hits 22-year high Abu Dhabi,

Posted on 27/07/2023

Sand dunes and skyscrapers: UAE opens new doors for Ines J. Pedras

She focuses on digital design technologies, building information modelling (BIM) generative design and robotic manufacturing.

Posted on 27/07/2023

Higher discounts likely to prompt India to buy more crude oil from UAE

Higher discounts on crude oil offered by the United Arab Emirates (UAE) to wean India away from Russian crude may soon see Indian refiners ramping up purchases from the Gulf nation, officials at multiple refiners said.

Posted on 27/07/2023

UAE’s commercial property market records highest demand in nine years

The UAE’s commercial property sector in the second quarter recorded the highest demand for occupancy since 2014, amid a pickup in the economy. Headline occupier demand posted an increase of 56 per …

Posted on 27/07/2023

An In-Depth Analysis: Property Investment in USA vs UAE

Investing in real estate is a monumental decision, and the geographical location plays a significant role in shaping this decision. Two prime locations that have emerged as hotspots for property …

Posted on 27/07/2023

UAE joins India’s Global Biofuel Alliance on clean energy ahead of COP28

The UAE minister of energy and infrastructure announced Wednesday that his country is a willing participant in the global alliance and has been investing heavily in biofuels.

Posted on 27/07/2023

China, UAE overtake US companies at Turkey’s IDEF 23 weapons fair

During the 15th edition of the IDEF in 2021, the global fair saw more than a thousand companies from 53 countries attend and had more than 94 signing ceremonies take place.

Posted on 27/07/2023

Abu Dhabi: Front runner emerges for prized Adnoc oilfield expansion project

Adnoc is also tendering for the early production scheme 2 (EPS-2) project on the Lower Zakum oilfield, aiming to increase the field’s output by 50,000 bpd and ramping up its production capacity to 490 …

Posted on 27/07/2023

Wizz Air Abu Dhabi to hire 250 staff as it doubles fleet

Wizz Air Abu Dhabi plans to recruit 250 employees as it prepares to double its fleet size in the fiscal year ending March 2024 and add more capacity on existing popular routes amid strong travel …

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