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Month: July 2023

Posted on 24/07/2023

Air France to launch daily flights from Abu Dhabi to Paris

Now, before you get your most Emily in Paris outfit on, you’ll have to wait until October 29 for the new route to begin daily operations. But once it does, you’ll be able to catch the 8.45am flight …

Posted on 24/07/2023

UAE says committed to meet CO2 emissions targets after criticism

The United Arab Emirates has said it is committed to delivering targets to cut the CO2 emissions causing climate change after an independent research group said the country, which will host this year’s COP28 climate summit,

Posted on 24/07/2023

UAE Regulation Lab Signs MoU with Futurise to Pave the Way for Regulatory Innovation

In a bid to form a pact to pave a strong foundation for the fast-tracking of new emerging solutions through regulatory sandboxes and other catalytic initiatives in Malaysia and the UAE, the new partners signed a memorandum of understanding (MoU) that will see the leveraging of each other’s technical knowledge and experience at various levels.

Posted on 24/07/2023

Dubai Endowment launches campaign to fund the needs of 50 mosques

As part of the initiative, Dubai Endowment will build a commercial complex in the Al Khawaneej area, consisting of 29 shops, a large shopping mall, a medical centre and parking lots at a cost of Dhs40 …

Posted on 24/07/2023

Dubai: DIFC courts settles $4.1bn of cases in 2023

Dubai International Financial Centre has seen massive 692 per cent increase in value of cases in first six months of the year Dubai: DIFC courts settles $4.1bn of cases in 2023 DIFC, DIFC Courts, …

Posted on 24/07/2023

Dubai: DIFC Courts sets new record with Dh15 billion in claims value in first half of 2023

In the first six months of 2023, the 766 Wills were registered, a 37.8% increase in the number of registrations compared with the first six months of 2022 …

Posted on 24/07/2023

Leading boutique firm Sanctuary expands services with personalised UAE corporate tax advice for companies and individuals

Dubai, United Arab Emirates – Sanctuary, the esteemed boutique advisory firm renowned for its exceptional services to individuals and companies based in or relocating to the UAE, proudly announce the …

Posted on 24/07/2023

Dubai government introduces new initiatives to future-proof family businesses

The new initiatives come amid the sector generating over 40 percent of Dubai’s GDP Dubai government introduces new initiatives to future-proof family businesses Dubai, Dubai economy, family business, …

Posted on 24/07/2023

Sharjah National Oil Corporation in pact with Japan’s Sumitomo for carbon-capture project

Sharjah National Oil Corporation (SNOC) has signed an initial agreement with Japan’s Sumitomo Corporation to explore a carbon-capture project in the emirate. The companies will conduct a feasibility …

Posted on 24/07/2023

Abu Dhabi University and Vernewell Group Forge a Transformative Collaboration to Shape the Future of Education and Drive Innovation

Driven by a shared vision of pioneering change and enhancing academia, Abu Dhabi University (ADU) and Vernewell Group, an innovative powerhouse combinin …

Posted on 24/07/2023

Abu Dhabi’s real estate market thrives in first 6 months of 2023 with rising rents contributing to a sales boom

Besides Al Raha Gardens, higher-income tenants have directed their focus towards upscale areas like Yas Island, Al Mushrif, Al Bateen and Saadiyat Island in the first half of 2023. The asking rents in …

Posted on 24/07/2023

Abu Dhabi Maritime, ADNOC Distribution to explore marine refuelling facilities across emirate

Salem Khalfan Al Kaabi, Director-General of Operational Affairs at the DMT, said that this strategic partnership will not only enhance the world-class facilities and services available to residents …

Posted on 24/07/2023

AD Ports Group and Adnoc Distribution to set up fuel stations at Abu Dhabi’s marinas

Fuel stations are to be built at Abu Dhabi’s marinas in a deal involving Abu Dhabi Maritime, a subsidiary of AD Ports Group, Adnoc Distribution, and the Department of Municipalities and Transport. Abu …

Posted on 24/07/2023

Bloom’s Abu Dhabi hotel apartments on track for 2024 launch

Located in Bloom’s prestigious Park View on Abu Dhabi’s Saadiyat Island and managed by Rotana Hotel Management Corporation, units at this key development range from studios to one- and two-bedroom …

Posted on 24/07/2023

ADIB inaugurates UAE’s first long-term, fixed-rate home finance

Istiqrar aims to improve customers’ lives through steady and fixed monthly payments during the payment period, contrary to floating-rate home financing …

Posted on 24/07/2023

Dubai makes history in 2023 to become world’s leading luxury property market, outpacing London, NY and Paris

The real estate market in Dubai saw 176 high-end property sales that exceeded $10 million during the January-June period, with some of the headline-grabbing deals, reveals a latest market report Dubai …

Posted on 24/07/2023

UAE bank announces first winner of Dh1 million raffle prize

Ms Samiha Abdulqader became the first winner of the grand Dh1 million prize of Ajman Bank’s Millionaire Savings Account. The draw was held on July 13, 2023. Those who have the bank’s Millionaire …

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