The UAE had experienced unprecedented rainfall on Tuesday, leading to significant damage across the country. While efforts to recover from the aftermath are underway, another round of showers are …
UAE Denies Rumors That Cloud Seeding Caused Record-Breaking Flooding
The record rainfall, more than four inches at the Dubai airport and 10 inches elsewhere in the country, caused some people online to speculate it was all caused by cloud seeding. But the UAE’s …
UAE struggles to recover from record heavy rainfall
DUBAI, United Arab Emirates — The United Arab Emirates tried to wring itself out Thursday after the heaviest recorded rainfall ever to hit the desert nation, with its main airport allowing more …
Aptera to sell its solar EVs in the UAE, beginning with 53 exclusive ‘Union Editions’ with ‘Solar Chill’
Just weeks after announcing plans to showcase its solar EV technology to the public in the United Arab Emirates (UAE), startup Aptera Motors is taking things a step further. The company recently …
Second Dubai Fintech Summit to be held in May 2024
Dubai is set to host the highly anticipated second edition of the Dubai FinTech Summit from May 6 to 7, 2024, at the prestigious Madinat Jumeirah in …
Sultan bin Ahmed Al Qasimi directs University of Sharjah to establish risk centre
Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and President of the University of Sharjah (UoS), has recommended that the UoS develop a specialised centre to manage the risks of …
Sharjah Police: Free Certificates of Destruction for Rain-Affected Individuals in the Emirate
Major General Saif Al Zari Al Shamsi, the Commander-in-Chief of Sharjah Police, has confirmed that certificates of destruction will be provided free of charge to all those affected by the recent …
Black swan hedge fund says Fed rate cuts will signal market crash
While U.S. financial markets debate the timing of interest rate cuts, one tail-risk hedge fund is warning that investors should make the most of recent economic optimism while it lasts, as a shift to …
UAE’s trademark listing surge signals rising investor trust
The UAE has seen a significant increase in trademark registrations in the first quarter of 2024 with a 64 per cent surge compared to the same period last year, signifying growing investor confidence …
UAE banks to allow loan installments to be deffered by six months following bad weather
The deferral shall be without imposing additional fees, interest or profits, or otherwise increase the principal amount of the loan for the deferral of the repayment of installments.
UAE orders banks and insurance companies to allow 6 months of payment deferrals without cost following heavy rainfall
UAE banks and insurance companies have been told to offer customers payment deferrals of up to six months without additional costs as they deal with the impact of severe rain in the country.
UAE floods: Banks may defer loan installments for 6 months following storm, says Central Bank
Banks and finance companies in the United Arab Emirates may defer personal and car loan installments for six months to help deal with the repercussions fro..
Crypto Trader Explains Why Middle East Billionaires Are Suddenly Interested In Launching Meme Coins
Crypto trader Wizard Of SoHo highlighted how Dubai’s elite are diving into the world of meme coins with unexpected enthusiasm. Meme coin valuation currently stands …
Sharjah Emergency Team Assists Stranded Families Amid Extreme Weather Conditions
The local team of the Sharjah Emergency, Crisis, and Disaster Management Authority has directed the Social Services Department in Sharjah to receive urgent requests for food supplies and medications f …
‘Forced to break rules’: Sharjah residents welcome traffic fine waiver announcement after flooding
Sharjah residents have expressed their relief and gratitude after it was announced that all traffic violation fines during the recent record rains will be waived in the emirate. Emirati Emad Zoubi was …
Residents delighted after Sharjah Police provide food in their water-logged tower
Exactly at 1:30 p.m. he was informed he would receive his request, Sharjah Police officers, on board a truck, delivered 400 food packs of Chicken Biryani including mini and small bottles of water and …
Sharjah’s hospital saves visitor’s life despite multiple heart stoppages caused by grief
The septuagenarian had travelled to the UAE to visit her daughter, who had tragically lost her hand in a car accident. Stricken with profound grief, the woman suffered a sudden cardiac arrest.