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Month: May 2024

Posted on 15/05/2024

UAE: Dubai ranked No.1 globally for attracting Greenfield FDI projects for third successive year

Dubai has further reinforced its position as the world’s leading hub for foreign direct investment (FDI). According to the Financial Times Ltd’s “fDi Markets” data, Dubai ranked No.1 overall in global …

Posted on 15/05/2024

Abu Dhabi Festival And Robert Townson Productions Present PICTURES AT AN EXHIBITION: THE PAINTINGS OF BOB PEAK

Experience a world premiere orchestra concert event at Walt Disney Concert Hall on June 14, featuring iconic film scores and new compositions inspired by legendary illustrator Bob Peak’s artwork.

Posted on 15/05/2024

UAE: ‘Jaywan’ poised to generate savings of up to AED1 billion

Abdulaziz Al Ghurair, Chairman of the UAE Banks Federation (UBF), affirmed that the national domestic card scheme, Jaywan, is poised to generate substantial financial savings for numerous companies …

Posted on 15/05/2024

Sharjah, UAE agriculture agency signs contract for supply of more than 1,000 pregnant cows

The Sharjah Agricultural and Livestock Production EST (EKTFA) in the United Arab Emirates, affiliated with the country’s Department of Agriculture and Livestock, has signed a contract granting Inntro …

Posted on 15/05/2024

Dubai Municipality rolls out comprehensive waste management and recycling project in Hatta in collaboration with Imdaad

This objective will be accomplished by implementing effective waste management practices that boost Dubai’s position as a sustainable city, which will further encourage individuals and communities to …

Posted on 15/05/2024

Robust Gulf IPO activity records $1.2bln proceeds in Q1

In terms of Mena stock exchange performance, the Egyptian Exchange (EGX30) emerged at the top with an 8.0 per cent gain during Q1 2024, followed by Boursa Kuwait Premier Market with 7.5 per cent and …

Posted on 15/05/2024

UAE continues to post robust growth in non-oil sectors: OPEC

The UAE’s non-oil GDP registered a significant y-o-y increase of 7.3% in Q2 2023, with major contributions from the construction, finance and insurance sectors, it stated in the May report. This …

Posted on 15/05/2024

Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’

Israeli fintech Kima and Mastercard’s FinSec Innovation Lab are pioneering a project to bridge the gap between decentralized finance and traditional services.

Posted on 15/05/2024

Prabowo introduces Gibran to UAE leader

Shortly after arriving at the Al Shati presidential palace in Dubai, Prabowo began his conversation with MBZ by introducing Gibran to the Gulf country’s leader.

Posted on 15/05/2024

Dubai Unlocked: Investigative Report Reveals Real Estate Money Laundering

In a revelation that raises questions about the efficacy of international sanctions, an investigation by Dubai Unlocked has uncovered property transactions in Dubai by Caoimhe Robinson, wife of …

Posted on 15/05/2024

UAE and Oman Partner for Renewable Energy and Green Tech Projects

The Middle East is rapidly expanding its renewable energy and clean tech sectors, with countries like Saudi Arabia, the UAE, and Oman making ambitious investments in solar, wind, green hydrogen, and …

Posted on 15/05/2024

ADNOC Drilling secures $1.7bn unconventional wells drilling contract in UAE

To explore future opportunities in unconventional resources, ADNOC Drilling has launched a new company, Turnwell Industries.

Posted on 15/05/2024

Premier defends trip to Dubai: ‘My time, my dime,’ says Furey

Premier Andrew Furey says the cost of a trip to Dubai, where he had meetings on clean energy and the recruitment of health professionals, will come out of his own pocket.

Posted on 15/05/2024

Acino Charts Expansion Plan Out Of Dubai Facility

Acino, a global pharmaceutical company headquartered in Switzerland, has ambitious plans to grow locally and through exports out of its manufacturin …

Posted on 15/05/2024

Score a Free Hotel Stay in Abu Dhabi When Flying with This Airline

Etihad Airways is offering a free stopover in Abu Dhabi to round-trip passengers. Etihad Airways is making it easier to visit Abu Dhabi with a new stopover program that offers a free hotel stay for …

Posted on 15/05/2024

UAE continues to demonstrate robust growth in non-oil sectors: OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) said today that the “UAE continues to demonstrate robust growth in its non-oil sectors, driven by strong government support and solid …

Posted on 15/05/2024

The Arms Dealers, Drug Lords, and Torturers Hiding Out in Dubai

The data shows Asadullah Khalid, a former Afghan government official and accused war criminal, has apparently made a home in Dubai. Khalid served in a variety of roles in the American-backed Afghan …

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