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Month: May 2024

Posted on 08/05/2024

Dubai traffic: RTA announces survey to tackle traffic flow, congestion

The survey aims to determine how to expand flexible hours and remote working arrangements to reduce congestion during peak times …

Posted on 08/05/2024

‘Wealth tax could send billionaires from India to Dubai, impractical,’ says economist on Rahul Gandhi’s equity proposal

Speaking to ANI, he said such a move could drive India’s wealthiest individuals to relocate their businesses to tax-friendly destinations such as Dubai. On the potential repercussions of such a tax …

Posted on 08/05/2024

Aldar Properties starts selling 10-year green sukuk, document says

Abu Dhabi’s largest real estate developer Aldar Properties has started selling 10-year green Islamic bonds, or sukuk, according to an arranging bank document seen by Reuters on Wednesday. The initial …

Posted on 08/05/2024

L&T wins ‘major’ orders in India, Kuwait, Oman and UAE

The company’s transmission and distribution business has won orders in the ₹5,000 to ₹10,000 crore range to establish floating solar plants, transmission lines, among others, in India and overseas.

Posted on 08/05/2024

Chinese company launches pilotless flights in UAE

[Photo provided to chinadaily.com.cn] EHang Holdings Limited, one the world’s leading urban air mobility technology companies, will help foster collaboration and communication between the civil …

Posted on 08/05/2024

LOOK: Huawei unveils seven new products at Innovative Product Launch in Dubai

Huawei launched seven new products, including tablets, laptops, wearables and smart products at its Innovative Product Launch hosted at Hotel Atlantis The Royal in Dubai, this week.

Posted on 08/05/2024

If India imposes inheritance tax, super rich will move to no tax countries like Dubai: Economist Gautam Sen

Political economist and author Gautam Sen has said that Congress’ proposal to impose a wealth tax in India will lead to the country’s super rich, the Ambanis and the Adanis, moving their bases out to …

Posted on 08/05/2024

Dubai taxi fares increase in May after fuel price hike

The new per kilometre charge for taxis in Dubai now stands at Dh2.09, up from the previous rate of Dh1.97 per kilometre …

Posted on 08/05/2024

Takaful Bazaar To Showcase World’S First Embedded Takaful Platform At Dubai Fintech Summit 2024

Dubai, UAE, 7th May 2024, ZEX PR WIRE , Takaful Bazaar, a pioneering InsurTech startup based in the UAE, is excited to announce its participation in the prestigious Dubai International Financial Centre Dubai Fintech Summit 2024.

Posted on 08/05/2024

Etihad Airways is offering free hotel stays for passengers travelling via Abu Dhabi

Etihad Airways is launching the ‘Abu Dhabi Stopover’ programme, offering free hotel stays to visitors passing through Abu Dhabi.

Posted on 08/05/2024

Etihad and Tourism officials launch free Abu Dhabi Stopover

Etihad Airways and UAE’s Department of Culture and Tourism have launched of Abu Dhabi Stopover turn a stopover into a free hotel stay.

Posted on 08/05/2024

Sharjah Police issue safety plea as boy, 7, dies after being locked inside vehicle

The death of a 7-year-old boy in Sharjah on Tuesday morning has led to police issuing a plea for parents to use official school buses or drive their children to school themselves. Police in the …

Posted on 08/05/2024

Dubai health accounts system gets global recognition

Report by DHA receives high praise from OECD and World Bank The report for Health Accounts System for the Emirate of Dubai details the strength and dynamism of the healthcare insurance system. Image …

Posted on 08/05/2024

Dubai gold prices steady in early trade after losing half a dirham

As of 9am, UAE time, the 24K variant of the precious metal was trading … “At the same time, central bank gold purchases could continue to support the precious metal to a certain extent. While …

Posted on 08/05/2024

Dubai Islamic Bank Pakistan signs issuing bank pact with IFC

International Finance Corporation will guarantee payment of DIBPL obligations to support their trade finance transactions.

Posted on 08/05/2024

BitPanda enters MENA with crypto trading infrastructure offering

Austrian based, Bitpanda, crypto and securities broker platform that offers custody services and tech trading solutions has announced its plans to expand to the Middle East, with the launch of …

Posted on 08/05/2024

Abu Dhabi-listed crypto firm Phoenix Group acquires 12.5% stake in Rekt Studios

UAE-based crypto mining and blockchain firm Phoenix Group has acquired a 12.5% stake in Rekt Studios, which specialises in Web3 gaming and entertainment. The investment, through the company’s fully …

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