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Month: August 2023

Posted on 09/08/2023

Saudi Arabia unveils solar-powered ‘City of the Future’ plans with the world’s tallest tower

Saudi Arabia Holding Co. CEO Mohammed AlQahtani has revealed urban plans of the groundbreaking’North Pole Project’ extending over 306 sq km in northern Riyadh. Described as a ‘city of the future,’ the …

Posted on 09/08/2023

Video: Dubai students build solar-powered, self-driving car

A team of engineering students at the Canadian University Dubai (CUD) is helping shape the future of renewable transport by making a solar-powered autonomous vehicle. Image Credit: Supplied Dubai …

Posted on 09/08/2023

Hotel apartments v residential flats in Dubai: the pros and cons of each

If you’ve been living in Dubai for a while, do a price comparison between the hotel apartment fees and renting a residential flat. Depending on the additional fees such as the cost of the AC, DEWA and …

Posted on 09/08/2023

AIQ expands globally: MOU with PETRONAS to scale AI solutions outside UAE

AIQ is a technology pioneer focused on driving the transformation of the industrial sector powered by artificial intelligence (AI) …

Posted on 09/08/2023

Dubai’s non-oil economy strengthened on robust output expansion and new business

Dubai’s non-oil private sector continued to record strong gains in July but softened marginally from the previous month as new order growth remained sharp and supply side improvements kept cost …

Posted on 09/08/2023

Lure of sovereign wealth fuels hedge fund rush to Dubai

Izzy Englander’s Millennium Management was one of the first big US hedge funds to move to the city when it hired a Dubai-based portfolio manager in 2020. The near $60bn-in-assets firm now has about 50 …

Posted on 09/08/2023

How Dubai is reshaping the global oil trade

Sanction on Russian exports has led to a shift in oil trading to a new domain in the Middle East. Will it stay there?

Posted on 09/08/2023

Abu Dhabi oil giant builds internal ‘investment bank’ to chase $50bn in global deals

The Abu Dhabi National Oil Company has amassed a nearly 50-strong team of dealmakers and is pursuing roughly $50bn in transactions as part of a push to diversify its business and expand abroad. Adnoc, …

Posted on 09/08/2023

Abu Dhabi Art to host largest Fair to date, with 92 galleries participating in landmark 15th edition

Organised by the Department of Culture and Tourism – Abu Dhabi, the upcoming 15th edition will be its largest yet, featuring 92 galleries from over 31 countries. The art fair is a culmination of Abu …

Posted on 09/08/2023

Abu Dhabi City Municipality implores demolition firms to ensure secure work environment at their sites

Moreover, the campaign aims to maintain the safety of the environment and buildings nearby the operational areas.

Posted on 09/08/2023

Abu Dhabi’s ADNOC Gas awards $3.6bln contract to boost infrastructure

The scope of the contract also includes commissioning of new gas processing facilities that will optimise supply to the Ruwais Industrial Complex …

Posted on 09/08/2023

UAE, US call for joint actions to ensure peace & stability in Middle East

The resolve was made at a meeting between the UAE President Sheikh Mohamed bin Zayed Al Nahyan and US National Security Adviser Jake Sullivan in Abu Dhabi. During the meeting, they discussed regional …

Posted on 09/08/2023

UAE: Gold prices recover in Dubai after dropping Dh1 on Tuesday

Gold prices rose in the UAE on Wednesday morning after dropping one dirham per gram on Tuesday evening. According to Dubai Jewellery Group data, the 24K opened higher at Dh233.75 per gram on Wednesday …

Posted on 09/08/2023

This is how you can check the validity and reliability of UAE entry permits and electronic visas

If you have obtained a visa or entry permit issued by Dubai, you can verify its validity on the website of the General Directorate of Residency and Foreigners Affairs via the link …

Posted on 09/08/2023

UAE Central Bank cancels licences of money exchange house and commercial broker company

The Central Bank of the UAE (CBUAE) on Wednesday said it revoked the licence of Dirham Exchange, an money exchange house operating in the UAE, and struck o..

Posted on 09/08/2023

ADNOC Gas awards $3.6 bln contract to expand UAE gas processing

State oil giant Abu Dhabi National Oil Company’s gas unit, ADNOC Gas , said on Wednesday it awarded a $3.6 billion contract to expand its gas processing infrastructure in the United Arab Emirates.

Posted on 09/08/2023

Jobs in UAE: Dubai Taxi to hire drivers and supervisors; over $1,900 monthly income

For the role of bus supervisors/attendants, Dubai Taxi is hiring female candidates, aged 23 to 45 years. The selected candidates will be offered a Dh1,500-Dh1,800 monthly salary plus benefits.

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