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Month: December 2023

Posted on 20/12/2023

UAE: Up To Dh5m Fine, Life Imprisonment For Violating Money-Laundering, Terror Financing Laws

Companies and individuals must step up their efforts to adhere to UAE’s anti-money laundering and combatting financing of terrorism (AMLCFT) laws in …

Posted on 20/12/2023

This UAE Official Dreams Of A National Cricket Team Of All Emirati Players

Abbas also dreams of a UAE cricket team featuring UAE nationals. The newfound interest in cricket in his family and a new cricketer in Mansoor, his nine-year-old son, have inspired Abbas to dream big.

Posted on 20/12/2023

Dubai: 26-Yr-Old Cricket Super Fan Gets Dream Chance To Meet Idols At IPL Auction

Celebrities like Nita Ambani, who is known for her successful player acquisitions, and the co-owner of Punjab Kings and former actress Preity Zinta walked the aisle alongside cricketing stalwarts.

Posted on 19/12/2023

What might 6G be used for? Scenarios from ITU

As conversations around global spectrum use for terrestrial and non-terrestrial networks coalesced at the World Radiocommunication Conference in Dubai, the future of wireless was top-of-mind. As work …

Posted on 19/12/2023

Alef International Chess Olympiad ends on successful note in Sharjah

The 22-day-long Alef International Chess Olympiad 2023, sponsored by the Alef Group, concluded in the Al Mamsha area of Sharjah on Monday in an atmosphere of excitement and high competitive spirit.

Posted on 19/12/2023

Dubai property prices pass 2014 levels to reach all-time high, up 45% in three years; 130,000 transactions expected this year

The 394 bulk loans issued for the month were spread across several projects, most notably portfolio mortgage registrations in Siraj Tower (203) in Arjan, Rokane G22 (62) in Dubai’s Jumeriah Village …

Posted on 19/12/2023

UAE announces new law introducing authority to combat corruption and audit public finances

The UAE has announced a new authority to audit public finances and combat corruption in the country. President Sheikh Mohamed bin Zayed Al Nahyan has issued Federal Decree-Law No. (56) of 2023 on …

Posted on 19/12/2023

Abu Dhabi’s CYVN Will Soon Own More NIO Stock Than CEO William Li

Nio (NYSE:NIO) stock received a helping hand yesterday after the Chinese electric vehicle (EV) company announced that Abu Dhabi government majority-owned fund CYVN Holdings agreed to invest $2.2 billion into the EV firm. In exchange, Nio will provide CYVN …

Posted on 19/12/2023

Abu Dhabi Becomes ‘Daily Davos’ as Asset Managers Hunt for Cash

Some of the world’s top alternative asset managers have been flooding the Middle East in search of cash — and they’re not stopping at state money, according to one family office executive in the region.

Posted on 19/12/2023

Austria’s Kurz to ‘Post’: UAE’s COP28 multilateral diplomacy helps Middle East

Cooperation between Israel and the United Arab Emirates can and should be a model for the entire region, Sebastian Kurz writes.

Posted on 19/12/2023

UAE passport is the hot golden ticket for global power players

Ray Dalio and DJ David Guetta are among those with Emirati papers promising access to the men in charge of the Gulf’s oil wealth.

Posted on 19/12/2023

Dubai: Property prices hit all-time high, surpassing September 2014 peak

After the initial recovery led by villas and townhouses, the apartment segment is now leading the growth phase due to high demand …

Posted on 19/12/2023

Aldar and Yellow Door sign deal to provide solar power to properties

Aldar Properties has partnered with Yellow Door Energy, a leading sustainable energy organisation, to bring solar power to 45 properties across the UAE, …

Posted on 19/12/2023

United Arab Emirates (UAE) Makes Play for African Renewables

The African Development Bank estimates the continent’s solar capacity potential to be as high as 10 TW, hydroelectric potential to be 350 GW, and geothermal potential to be 15 GW. Yet as of 2022, …

Posted on 19/12/2023

UAE: DEWA releases thought leadership paper on climate resilience

Dubai Electricity and Water Authority (DEWA) released a thought leadership paper on climate resilience at the Mohammed bin Rashid Al Maktoum Solar Park. Show Full Article The paper, which was …

Posted on 19/12/2023

Kaizen Business Consultants Launches Top-Tier Tax Consulting Services In The UAE

Kaizen Business Consultants, a leading name in innovative business solutions, proudly introduces its premier Tax Consulting Services in …

Posted on 19/12/2023

UAE, Austria to strengthen economic co-operation and forge partnerships

Abdulla Bin Touq Al Marri, Minister of Economy, and Martin Kocher, Austrian Minister of Economy and Labour, chaired the UAE-Austria Joint Economic Committee, …

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