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Month: May 2024

Posted on 09/05/2024

Gold prices in Dubai Today Thursday, May 9, 2024

Gold prices in Dubai, the United Arab Emirates (UAE) today, Thursday, May 9, opened at a selling price of AED 8,505.89 per ounce, according to UAEgoldprices.com.24-karat gold rates in UAE TodayThe …

Posted on 09/05/2024

First wind turbine installed at Baltic Eagle offshore wind farm

The first of a total of 50 wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Abu Dhabi Future Energy Company – Masdar, the UAE’s clean …

Posted on 09/05/2024

Baltic Eagle Offshore Wind Farm Begins Installation, Targets 475,000 Homes with Renewable Energy by 2024

The Baltic Eagle offshore wind farm, a joint venture between Iberdrola and Masdar, has installed its first turbine, marking the beginning of the fi …

Posted on 09/05/2024

‘Dubai is a place we can keep learning from’: Goa Tourism Minister

In an exclusive interview with Arabian Business, Rohan Khaunte – the Minister of Tourism of Goa – discussed why ATM 2024 is important for Goa, upcoming plans and ‘regenerative’ and ‘responsible’ touri …

Posted on 09/05/2024

How Dyuti Parruck Is Helping Unlock Dubai’s Growth Potential for the ‘Golden Visa’

The allure of Dubai’s real estate market has reached unprecedented heights in recent years, attracting investors and homebuyers from around the globe. Fueled by a robust economy, enticing investment …

Posted on 09/05/2024

Abu Dhabi’s Etihad Airways Q1 profit soars to Dh526m as passenger numbers spike by 41%

Image Credit: Etihad Airways Abu Dhabi: UAE’s flag carrier Etihad Airways posted its Q1 2024 results on Thursday, recording a profit after tax of Dh526 million, marking a significant improvement over …

Posted on 09/05/2024

How will Abu Dhabi’s ‘Dark Sky’ policy impact you?

The Dark Sky initiative is the first of its kind in the region and seeks to set a blueprint for responsible lighting practices …

Posted on 09/05/2024

UAE’s Minister of Energy and Infra tours rain-affected areas

Suhail Mohamed Al Mazrouei, UAE’s Minister of Energy and Infrastructure, toured a number of areas, federal roads, and dams on the eastern coast that were affected by the unprecedented rainfall the UAE …

Posted on 09/05/2024

UAE schools ask parents to not use illegal transport services

Educators and road safety experts have emphasised that parents must prioritise their children’s safety over financial considerations and ensure that any …

Posted on 09/05/2024

UAE: Big Ticket raffle draw to resume operations from June 3

Abu Dhabi’s popular raffle Big Ticket has announced that it will resume its operations after a temporary halt beginning from May 9. The next live draw has been scheduled for June 3.This comes after …

Posted on 09/05/2024

CEPAs play key role in surging FDI inflows to UAE: ADIO official

The UAE’s strategic location, focus on digitalisation and future-oriented industries also complement this favourable trend:Massimo Falcioni …

Posted on 09/05/2024

Unlocking financial freedom: 5 expert tips for retiring in the UAE

Retirement planning consists of anticipating future needs and factoring in potential healthcare costs while ensuring that the plan aligns with personal aspirations …

Posted on 09/05/2024

Over a dozen UAE-India flights cancelled by Air India Express on Thursday

Update on Day 2 of mass sick leave crisis at the Indian carrier Travel agents in the UAE said most of the affected AIE passengers preferred to reschedule their cancelled flights. Image Credit: …

Posted on 09/05/2024

UAE: Gold Prices Inch Higher In Early Trade In Dubai

Gold prices inched higher in UAE at the opening of the markets on Thursday. According to Dubai Jewellery Group data, the 24K variant of th …

Posted on 09/05/2024

EFG Hermes completes advisory on $375mln IPO of Spinneys on the DFM

Dubai: EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking …

Posted on 09/05/2024

Dubai residents stop renting, start buying as mortgage payments start to ‘match’ rental costs: Experts

Rent hikes driven by Dubai’s real estate market boom are prompting residents to downsize, relocate to more affordable areas, or buy property, experts say …

Posted on 09/05/2024

Spinneys shares up more than 9% as it starts trading on the Dubai Financial Market

Spinneys, the operator of premium supermarkets in the UAE and Oman, saw its share price rise as it began trading on the Dubai Financial Market, following an initial public offering that raised Dh1.37 …

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