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Month: June 2024

Posted on 12/06/2024

Real estate transactions in Sharjah rise to Dhs4 billion during May

According to the “Real Estate Transactions Movement” report issued by Sharjah Real Estate Registration Department, …

Posted on 12/06/2024

PTTEP swoops on one of the UAE’s largest gas fields

The company also is a partner in the Sharjah Onshore Area A project, Sharjah Onshore Area C project and Adnoc Gas Processing (AGP) joint venture in the UAE. Less than a week ago, Wintershall Dea — …

Posted on 12/06/2024

Corporate Tax Registration Deadlines Explained by UAE Tax Authority

Dubai The Federal Tax Authority (FTA) has issued a public statement clarifying the registration deadlines for corporate taxpayers in the United Arab Emirates. This information comes after the May 31st …

Posted on 12/06/2024

Hamdan bin Mohammed directs activation of Dubai’s first AI-powered platform for urban planning within a month

The Dubai Urban Design Platform is overseen by the Supreme Committee for Urban Planning in Dubai in collaboration with Dubai Municipality and the AI technology company Toretei, with support from the …

Posted on 12/06/2024

Dubai trader linked to record-high MR tanker order at Hyundai

It added that Ulsan-based Hyundai Mipo Dockyard (HMD) will be constructing the pair of tankers and is scheduled to deliver them by December 2026. The shipbuilding group did not di …

Posted on 12/06/2024

Govt restricts import of gold jewellery parts amid 30 times increase

The jump in imports has been the sharpest in the case of gold jewellery finished parts, which saw a 30 times increase to $1.55 billion in FY24 from $51.51 million a year ago …

Posted on 12/06/2024

Naturgy sinks after top shareholder drops takeover talks with Abu Dhabi’s TAQA

Naturgy Energy (OTCPK:GASNF) (OTCPK:GASNY) -14% in European trading Tuesday after CriteriaCaixa, the Spanish utility company’s biggest shareholder, said it ended talks for a cooperation agreement with …

Posted on 12/06/2024

Naturgy sinks after top shareholder drops takeover talks with Abu Dhabi’s TAQA

Naturgy Energy (OTCPK:GASNF) (OTCPK:GASNY) -14% in European trading Tuesday after CriteriaCaixa, the Spanish utility company’s biggest shareholder, said it ended talks for a cooperation agreement with …

Posted on 12/06/2024

UAE: Fire In Abu Dhabi Industrial Area Brought Under Control

A fire that broke out in Musaffah, Abu Dhabi was brought under control, authorities said on June 11, Tuesday. Teams from Abu Dhabi Police and Civil Defence Authority controlled the blaze that broke …

Posted on 12/06/2024

Pep Guardiola to make Abu Dhabi trip for showdown talks on Manchester City future – Two club hierarchy members could leave

Reports from Spain have indicated that Pep Guardiola will make a trip to Abu Dhabi this week to meet with Manchester City’s chairman for showdown talks. Conversations will be taking place off the back …

Posted on 12/06/2024

DoH and Penn Medicine to expand collaboration on translational research and second labs in Abu Dhabi

ABU DHABI, UAE, June 11, 2024 /PRNewswire/ — The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector, signed a second Memorandum of Understanding (MoU) with the Perelman …

Posted on 12/06/2024

UAE cabinet approves $457m housing aid package for Eid

The UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved a new housing approval package for citizens …

Posted on 12/06/2024

Al Ansari Financial Services wins top honors for Best Financial IPO in EMEA 2023

Dubai, UAE – Al Ansari Financial Services PJSC (the “Group”) [DFM: ALANSARI], one of the leading integrated financial services groups in the UAE, has been recognised as the Best Financial Institution …

Posted on 12/06/2024

UAE’s real GDP to rise to 4.1pc in 2025, says World Bank report

The UAE’s real GDP is projected to grow by 3.9% in 2024 and expand to 4.1% in 2025, according to the World Bank’s latest Global Economic Prospects report. In April 2024, the World Bank raised its …

Posted on 12/06/2024

UAE committee meets to discuss draft general budget for fiscal 2025

The UAE General Budget Committee met on Tuesday to discuss the draft general budget of the Emirates for fiscal year 2025, Dubai Media Office said.It was the 11th meeting of the General Budget …

Posted on 12/06/2024

UAE: Dh5 Million Donation Announced For Fishermen In Ajman

Sheikh Humaid bin Rashid Al Nuaimi, Member of the Supreme Council and ruler of Ajman, ordered the disbursement of Dh5 million to fishermen affiliated with the Ajman Fishermen’s Association on Eid Al …

Posted on 12/06/2024

UAE Supports US Restrictions On Semiconductor Exports To China: Report

Omar Al Olama, UAE’s Minister for Artificial Intelligence, acknowledges the risk of advanced semiconductor technologies being misused by China. This statement underscores ongoing U.S. efforts to limit …

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