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Month: July 2024

Posted on 12/07/2024

Dubai’s draconian laws confuse tourists

Before 2019, anyone found guilty of attempting suicide in Dubai faced a fine of 5,000AED (€1,200) or six months in prison.

Posted on 12/07/2024

UAE Central Bank’s balance sheet hits record AED789.82bn in April 2024

The Central Bank of the United Arab Emirates (CBUAE) made history, with its balance sheet hitting a record AED789.82 billion by the end of April 2024. The April end balance sheet figures also …

Posted on 12/07/2024

Banks expanding financing options for off-plan projects in Dubai

Traditionally, off-plan projects required buyers to make substantial upfront payments directly to developers. For instance, a typical payment structure might demand a 60% payment during the …

Posted on 12/07/2024

XRP Healthcare LLC Successfully Registers Trademark in the UAE, Strengthening Global Expansion and Legal Compliance

XRP Healthcare LLC is proud to announce the successful registration of its trademark in the United Arab Emirates (UAE). This milestone …

Posted on 12/07/2024

M2 Review: A Guide to the Exchange in 2024

By the end of this M2 review, you will understand the many products, features, and Earn opportunities that the exchange has to offer.

Posted on 12/07/2024

This Year’s Newly Michelin-Starred Eateries in Dubai

Five new Dubai restaurants have been awarded Michelin stars, solidifying the city’s status as a leading gastronomic hub.

Posted on 12/07/2024

Dh1 coins, batteries: UAE doctors raise concern over children swallowing small objects

The doctors in the UAE are expressing concern over the rising number of cases of children unwittingly ingesting coins, batteries, and other objects. Ingesting these objects could lead to serious …

Posted on 12/07/2024

UAE names street after 84-year-old doctor with Indian roots

A road in the UAE capital of Abu Dhabi has been named after an 84-year-old doctor with Indian roots as a tribute to his significant contributions to the country’s health sector. The Department of …

Posted on 12/07/2024

Dubai millionaire astonishes wife with Rs 60 Lakh gifts on birthday

The couple met while attending a university in Dubai and have been together for seven years, three of which they have been married. Saudi is now a housewife, whilst Jamal has become a millionaire in Dubai. Also read: Viral video: Indian couple marks 36th …

Posted on 12/07/2024

Dubai real estate market records almost AED123bn in property sale transactions so far this year

The first half of 2024 saw more than 43,000 property sale transactions in Dubai, amounting to nearly AED123 billion. Image: Shutterstock Dubai’s real estate market recorded over 43,000 sale …

Posted on 12/07/2024

Dubai Electricity and Water Authority issues advisory on leaks to save resources and bills

Guidelines part of wider ‘Welcome Summer with Green Habits’ awareness drive Dubai: Residents in Dubai have been advised to check for water leaks at home, which could also be a reason behind higher …

Posted on 12/07/2024

Abu Dhabi street named after Indian-origin doctor serving UAE since 1967

A street in Abu Dhabi has been named after Dr George Matthew, an 84-year-old UAE citizen with Indian roots, who has contributed significantly to the emirate’s healthcare sector for nearly six decades.

Posted on 12/07/2024

U.S. Lawmakers Seek Probe of Microsoft’s $1.5B Deal With Abu Dhabi AI Firm

U.S. Republican lawmakers are citing concerns about the transfer of advanced technology and possible ties the Abu Dhabi-based company may have with China.

Posted on 12/07/2024

Dubai vs Los Angeles: How much real estate can you buy with $1m?

Dubai continues to experience an incline in the city’s real … according to data from Norada Real Estate Investments, fuelled by rising national mortgage rates across the country. Research has …

Posted on 12/07/2024

Chinese Investors Seize Chances From D33 Agenda to Enter Middle East, Global Markets via Dubai

Chinese new energy companies have been investing heavily in Dubai. The Middle East is known not only for the oil wealth but also for the sunshine, which supports the development of the photovoltaic …

Posted on 12/07/2024

UAE retail investors prioritise ESG in decision-making

Not long ago, businesses were judged mostly on their financial performance. More profits were essentially a byword for success. Today, however, companies are also being evaluated on their adherence to …

Posted on 12/07/2024

Spend rupees in UAE: New rupee-based shopping for Indians tourists

Key sectors in the UAE – from retail to hospitality to gold and jewellery sales – will be immediate beneficiaries as Indian tourists get the option to pay for their transactions using the rupee and …

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