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Month: March 2024

Posted on 20/03/2024

Abu Dhabi report highlights performance of power distribution to industrial sector in the Emirate

Abu Dhabi: The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific …

Posted on 20/03/2024

UAE revises visa-on-arrival policy for 87 countries; check what’s new for Indians

Reports further add that eligible travelers will be able to acquire a valid entry visa for 30 days upon arrival, with an additional grace period of 10 days. Moreover, citizens from select countries …

Posted on 20/03/2024

Borse Dubai plans to sell part of stake in the Nasdaq in a deal potentially worth some $1.6 billion

A Dubai sovereign wealth fund that’s the single-largest shareholder in the Nasdaq stock index plans to sell a third of its shares in the exchange, a deal potentially worth some $1.6 billion that saw …

Posted on 20/03/2024

Borse Dubai to sell $1.6 billion stake in Nasdaq, losing its spot as top shareholder

Nasdaq said on Tuesday that Borse Dubai will sell shares worth $1.6 billion in the U.S. stock exchange operator, reducing its stake to 10.8% from 15.5% and making it the company’s second-largest …

Posted on 20/03/2024

Dubai’s InsuranceMarket.ae goes viral as highway ads takeover city, CEO confirms ‘significant investment’

InsuranceMarket.ae, which has been operating in the UAE insurance sector since 1995, provide insurance services to individuals and companies Dubai’s InsuranceMarket.ae has been in the limelight, …

Posted on 20/03/2024

Fakeeh University Hospital elevates emergency services in Dubai with advanced medical centre

This development solidifies the hospital’s esteemed position as a premier provider of critical and emergency care services, underscoring its dedication to promoting community well-being and health …

Posted on 20/03/2024

Dubai’s desert resort extravaganza: Top accommodations for a comfortable stay

Each suite, complete with a private pool and panoramic desert vistas, offers both seclusion and luxury. Guests can partake in falconry, camel treks, or unwind in the Timeless Spa. The resort’s …

Posted on 20/03/2024

Dubai ranked fifth globally and first in Arab World in UN E-Government Survey 2022

Dubai has achieved outstanding results in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its bi-annual E-G …

Posted on 20/03/2024

Ooredoo, e& upgrade connectivity between UAE and Qatar

Ooredoo Group and e& Carrier & Wholesale announced that they have partnered to deploy the Gulf Gateway Cable (GGC1) subsea system to improve capacity, reliability and latency between data centres in …

Posted on 20/03/2024

Dubai: Moroccan-Dutch couple enjoy the ease of fasting, fostering of tradition in UAE

Having recently relocated to the UAE and away from family, they were swiftly embraced by the spirit of the holy month in the Emirates …

Posted on 20/03/2024

Adnoc revamps bid process for $4 billion-plus offshore expansion scheme

Abu Dhabi National Oil Company (Adnoc) has reworked the bid process for a huge offshore expansion scheme, involving the expansion of its Lower Zakum offshore oilfield, as the oil-rich emirate prepares …

Posted on 20/03/2024

Woman beggar using witchcraft arrested in Dubai

The woman’s arrest took place as part of the “Combat Begging” anti-begging campaign, which the Dubai Police launched in collaboration with strategic partners. The primary objective of this campaign is …

Posted on 20/03/2024

InterContinental Residences Dubai Business Bay to open in June 2024

InterContinental Residences Dubai Business Bay will open in June 2024. Part of IHG Hotels & Resorts, it will have 176 hotel units, including studios, one-bedroom, two-bedroom, and three-bedroom …

Posted on 20/03/2024

UAE Crypto Investors Realised Estimated Gains Of $200 Million In 2023

(MENAFN- Khaleej Times) Investors in the UAE realised capital gains totalling $204 million from their crypto investments last year, data shows. 2023 proved to be a year of strong recovery for global …

Posted on 20/03/2024

With Dubai Taxi Company and Parkin, IPOs in emirate are booming: what’s next?

The past few months have seen the Dubai government sell stakes in two of its entities – Dubai Taxi Company (DTC) …

Posted on 20/03/2024

UAE: Mohammed bin Rashid receives Ramadan well-wishers

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, today received Ramadan well-wishers on the occasion of the Holy Month, at the Al Shindagha …

Posted on 20/03/2024

Monroe to Open Abu Dhabi Office, Hires For Middle East Push

Private credit lender Monroe Capital is finalizing plans to establish an office in Abu Dhabi in an effort to expand into the Middle East, according to a person familiar with the matter. The company …

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