The Abu Dhabi City Municipality has announced the completion of a comprehensive initiative to enhance traffic safety around schools within the Abu Dhabi region and its adjacent areas ahead of the 2023 …
RBI asks banks to settle UAE trades using rupee, dirham. Here’s why
In a significant step, the two countries recently agreed to facilitate trade using the Indian rupee instead of the US dollar, aiming to curtail the outflow of dollars due to the trade deficit.
Dubai to use 100% of recycled water by 2030
Water re-use applications have saved the city around AED2bn ($545m) and plans are in place to increase methods. Dubai’s rise as one of the world’s best cities to live and work has been underpinned by …
Dubai surpasses pre-pandemic international visitation levels in the first half of 2023, with 20% year-on-year growth
As per the latest data released by Dubai’s Department of Economy and Tourism, it shows that the city is steadily advancing towards its goal of becoming the world’s most visited destination.
12-year-old Dubai student writes memoir about city transforming into modern paradise
This student in Dubai is just 12 years old, but has been witness to how the emirate transformed in just a little over a decade since he was born. The boy, who has lived in the UAE all his life, has …
Dubai developer The First Group parent reaches standstill agreement with creditors
Aurum, the parent company of Dubai real estate developer The First Group, said on Monday it has reached an interim standstill agreement with an “ad hoc” group of creditors while discussions continue …
Stolen iPhones from Pakistan sold in Dubai: police
Just like other mobile phones are either stolen or snatched in Pakistan, it has been found that iPhones, too, are being resold after being reset.Similarly, numerous such iPhones have been …
Fintech firm, Avenues World FZ LLC, eyes 10X growth of $27bln in MENA digital payments market
UAE’s second largest non-bank payment aggregator has a regional payment processing run-rate of US$2.7 billion currently …
Sharjah Ruler Condoles King Salman Over Passing Of Princess Noura Bint Mohammed
SHARJAH, 20th August, 2023 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has sent a message of condolence to the Custodian of the Two Holy Mosque, King Salman bin Abdulaziz Al Saud of Saudi Arabia …
Abu Dhabi Municipality strengthens school zone safety measures ahead of academic year
ABU DHABI – The Abu Dhabi City Municipality has announced the completion of a comprehensive initiative to enhance traffic safety around schools within the Abu Dhabi region and its adjacent areas ahead …
Abu Dhabi Sports Council and Al Masaood Automobiles renew partnership agreement
Abu Dhabi: Al Masaood Automobiles, the exclusive distributor of Nissan in Abu Dhabi, Al Ain, and the Western Region, and the Abu Dhabi Sports Council (ADSC) have reaffirmed their strategic partnership …
Breaking Ground: Early access to revolutionary ALS therapy now offered by Mediclinic Parkview Hospital in the UAE
This medication is designed to bind to SOD1 mRNA, effectively reducing the production of toxic SOD1 protein in motor neurons. By addressing the underlying cause of ALS in this subset.
UAE: Daytime hours reduce to less than 13 from today as peak summer comes to end
The appearance of the Suhail star will set the stage for the transition from extreme summer temperatures to milder weather …
Dubai: 50-Metre Drop, Going Upside Down At 77Kmph How I Enjoyed The Fastest Vertical Launch Rollercoaster In The World
Imagine going 77km per hour…upside down. That is exactly what Storm Coaster, the fastest vertical launch rollercoaster in the world promises. Located inside the Dubai Hills Mall, the roller coaster …
Commercial Bank of Dubai and PwC Middle East join forces
Ali Hosseini, Chief Digital Officer, Partner, PwC Middle East remarked, “PwC and the Commercial Bank of Dubai are joining forces to embed Generative AI deep within the financial sector. This …
Kuwaiti fintech MyFatoorah gets UAE central bank license
Kuwait-based fintech MyFatoorah has secured a license from the Central Bank of the UAE, becoming the first regional payments platform to receive six central bank licenses. The fintech has already …
Egypt: FRA initially approves Abu Dhabi Capital, NBE’s requests to obtain sukuk issuer licence
Banque Misr has already obtained a licence to issue sukuk through a new company which currently manages a number of sukuk issuances: sources …