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Month: January 2024

Posted on 24/01/2024

CIPS awards Abu Dhabi Accountability Authority with Corporate Ethical Procurement and Supply certification

Dubai, UAE: The Chartered Institute of Procurement and Supply (CIPS) recently awarded Abu Dhabi Accountability Authority (ADAA) with a certification in Corporate Ethical Procurement and Supply. All …

Posted on 24/01/2024

Sharjah Women’s Sports Club volleyball team preparing hard in Tunisia for AWST

Gearing up for the Arab Women Sports Tournament (AWST), the volleyball team of Sharjah Women’s Sports Club has been playing friendly matches against stronger opponents in Tunisia. Sharjah is set to …

Posted on 24/01/2024

Sharjah takes over Gillman Racing team ahead of the new season

Sharjah International Marine Sports Club has confirmed that Gillman Racing team, the team of four-time UIM F1H2O World Champion Scott Gillman, has been taken over by the Emirate and will become the …

Posted on 24/01/2024

Sharjah’s 12 iconic landmarks to be illuminated for Light Festival; dates, locations announced

Sharjah’s 12 iconic landmarks will be illuminated during the 13th Sharjah Light Festival (SLF), which is set to commence from February 7 to 18. The festival will feature more than 15 spectacular light …

Posted on 24/01/2024

Sharjah announces road closure from Jan 23-Feb 21

Sharjah Road and Transport authority announced a road closure on a street in the emirate. The street leading up to the University City Hall will be closed from Tuesday, January 23, until Wednesday, …

Posted on 24/01/2024

UAE Gen Z employees are ‘doom spending’ and maxing credit cards to cope with economic uncertainty, say experts

UAE Gen Z are ‘doom spending’, a word personal finance experts … or other global crises such as financial or banking — then one might as well enjoy the present without much regard for future …

Posted on 24/01/2024

Dubai Islamic Bank’s 2023 net profit surges 26% to record high of $1.9bln

Dubai Islamic Bank (DIB), the biggest Islamic lender in the UAE, saw its net profit for the full year 2023 rise to its highest level, supported by higher non-funded income and lower impairment charges …

Posted on 24/01/2024

Etihad Cargo, Abu Dhabi Airports, Abu Dhabi Food Hub to set up air corridor for food trade

Etihad Cargo, Abu Dhabi Airports, and Abu Dhabi Food Hub – KEZAD have signed a tri-party memorandum of understanding (MoU) to jointly set up a fully compliant and transparent origin-to-destination …

Posted on 24/01/2024

Sas Al Nakhl Island finds rev up DCT Abu Dhabi excavation season

Located near to the modern city centre, Sas Al Nakhl is known locally as Umm an-Nar, which translates as ‘Mother of Fire’ or the ‘Place of Fire’.

Posted on 24/01/2024

UAE: Thrilling new flight launched in RAK; see desert, sea, mountains at 400kmph speeds

Speeds of up to 400kmph; real face-pulling G-forces as you roll and climb; 360-degree panoramic views of the stunning coastline, desert and mountains: Ras Al Khaimah has launched the UAE’s first …

Posted on 24/01/2024

Dubai traffic: Top lawyer Habib Al Mulla calls for Salik price hike to combat congestion

The new toll gates are expected to begin operations in November 2024 Dr. Habib Al Mulla, one of the UAE’s most prominent and respected lawyers, has suggested two proposals to further develop Salik and …

Posted on 24/01/2024

A Future In The Desert: Spotlight On The UAE.

The rapid, exciting rise of the United Arab Emirates (UAE) over the past two decades needs little introduction, and the jurisdiction continues along an inexorably rising trajectory. Despite some …

Posted on 24/01/2024

Sharjah’s SRTA, BEEAH partner to build EV charging stations

The Sharjah Roads and Transport Authority (SRTA) has partnered with BEEAH to build and operate a network of electric vehicle (EV) charging stations across the emirate. The installation of EV charging …

Posted on 24/01/2024

42,000 residential units will be delivered across Dubai, Abu Dhabi in 2024 – JLL

The UAE’s property market will see the delivery of 42,000 residential units across Dubai and Abu Dhabi in 2024. Approximately 34,000 units are scheduled to be delivered in Dubai, while 8,000 units are …

Posted on 24/01/2024

Abu Dhabi’s healthcare sector attracts more than 1,200 Emiratis

DoH has set Emiratisation targets for all healthcare facilities operating in Abu Dhabi to provide new job opportunities for UAE nationals …

Posted on 24/01/2024

UAE used car prices see sudden sharp increases – will buyers have to delay their plans?

Sudden drop in vehicle availability is forcing price rises and delays in handovers Multiple used car dealerships in the UAE are starting to talk about delivery delays. Not just that, they are not …

Posted on 24/01/2024

UAE leads GCC in IPO proceeds of $6.07bln in 2023

Total number of IPOs in the GCC declined marginally to 46 issuances in 2023 from 48 issuances in 2022, as per Kamco analysis. Proceeds for 2023 from GCC issuers dropped by 54 per cent to $10.79 …

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