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Month: February 2024

Posted on 28/02/2024

Korea, UAE discuss railway, infrastructure cooperation

Korea and the United Arab Emirates (UAE) have recently held high-level meetings involving bilateral cooperation in the areas of railway construction, infrastructure and energy, officials said …

Posted on 28/02/2024

Coming soon to UAE: 3 cameras, collision alert; world’s first 5G e-bike launched

The world’s first 5G eBike has been launched which allows riders to have video chat with family and friends and also alerts them about oncoming vehicles to..

Posted on 28/02/2024

UAE’s Edge expects substantial revenue growth as global tensions rise

UAE defence conglomerate Edge expects higher demand for its products in the wake of geopolitical tensions, with double-digit percentage growth in revenue forecast in the next two years amid the …

Posted on 28/02/2024

On UAE Corporate Tax, businesses find there cannot be any delays on registering

Image Credit: Shutterstock Dubai: UAE businesses cannot afford to delay registering for corporate tax any longer – and it’s not just about the Dh10,000 fine for any late submissions. The latest update …

Posted on 28/02/2024

UAE To Invest $35B To Help Solve Currency Crisis – Egypt PM

Madbouly said the Ras Al Hikma project would see the development of a full resort city with an airport to be managed by the UAE. Egypt’s highly import-reliant economy, dominated by military-linked …

Posted on 28/02/2024

Dubai Islamic Bank successfully prices $1bln sustainable sukuk

DUBAI: Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody’s and A by Fitch successfully priced its third Sustainable Sukuk – a landmark USD 1 billion 5-year senior issue with a profit rate of 5.243% …

Posted on 28/02/2024

US Prosecutors File Motion Asking Former Binance CEO Changpeng Zhao To Surrender All Passports

US prosecutors are pushing for former Binance CEO Changpeng Zhao to give up his passports and remain in the country for the duration of his trial.

Posted on 28/02/2024

Iraqi Diver Breaks Underwater Wheelchair Record in Dubai

Former Kuwaiti footballer Faisal Al Mosawi made a Guinness World Record for the fastest dive using an underwater wheelchair, clocking a time of 37 minutes for 400 metres at the Dubai Aquarium in Dubai …

Posted on 28/02/2024

Abu Dhabi’s Hindu temple to open for public from March 1

The first Hindu stone temple in Abu Dhabi, which was inaugurated by Prime Minister Narendra Modi earlier this month, will be opened to the public from March 1, according to the …

Posted on 28/02/2024

‘I see the world around me in a brand-new way’: Dubai photographer reveals the UAE’s hidden wildlife

In a country best known for its soaring skyscrapers, modern architecture and sprawling desert, wildlife isn’t always what comes to mind when people think of the United Arab Emirates (UAE). But …

Posted on 28/02/2024

Global rich keep luxury property prices rising as Manila, Dubai soar – Knight Frank

Luxury residential property bucked the trend of falling prices in 2023 and rose 3.1%, as double-digit gains in the likes of Manila and Dubai offset falls in New York and London, Knight Frank said on …

Posted on 28/02/2024

UAE launches new Trade-Sustain-AI initiative to rewrite future of trade

The UAE has launched a new initiative designed to combine the transformative power of technology with the sustainability and inclusivity of global trade during the TradeTech Forum, which is taking …

Posted on 28/02/2024

13Th Ministerial Conference Of WTO Opened In Abu Dhabi

The four-day 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO), kicked off here on Monday, in t …

Posted on 28/02/2024

Parkin Dubai: Electric Vehicle Owners May Soon Have To Pay For Public Parking

Currently, there are public parking spaces allocated for free for a limited time across Dubai for electric cars. These parking spaces – painted in green to signify its exclusive use for eco-friendly …

Posted on 28/02/2024

Singapore’s Petrozo Energy sets up factory in Hamriyah Free Zone, targeting markets in Middle East, East Africa, & Southeast Asia

Petrozo Energy, a leading Singapore-based oil and gas company, has announced an ambitious plan to establish a new manufacturing facility in the Hamriyah Free Zone, spanning over 430,000 square …

Posted on 28/02/2024

Sharjah to highlight best of its adventure, cultural riches, natural beauty at ITB Berlin 2024

Themed ‘Pioneer the Transition in Travel & Tourism. Together’, the Sharjah Pavilion will host an impressive roster of 19 entities, consisting of governm …

Posted on 28/02/2024

Michelle Donelan the third Government minister to visit UAE this week

Michelle Donelan, the science secretary, has become the third Government minister to visit the UAE this week while the Abu Dhabi-backed bid for The Telegraph is stuck in limbo.

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