The total number of property transactions in Dubai reached 43,261, with the total sales value exceeding AED 120 billion in the same period. Residential real estate prices are projected to rise by 5% …
UAE: IHC announces formation of Rorix Holdings finance and trade facilitation company
International Holding Company (ADX), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade f …
Bitcoin’s decline continues, with price slipping to six-month low
Bitcoin continued to lose considerable ground amid a generally gloomy mood on the financial markets on Monday.
Why Bitcoin and Ether are in retreat
Cryptocurrencies tumbled on risk aversion in global markets on Monday, as investors continued rushing to safe haven assets on worries of the possibility of a US recession and increasing geopolitical …
Dubai invests Dhs2.1 billion in expansion of London Gateway
Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, First Deputy Ruler of Dubai, and Deputy Prime Minister and Minister of Finance of the UAE, …
UAE: Etihad denies fake ads offering IPO shares on social media
UAE’s national carrier, Etihad Airways, has rubbished claims made by “several social media posts falsely suggesting that the airline is undertaking a public share listing on the Dubai Financial …
UAE: Ministry of Finance achieves advanced ranking in institutional resilience
The evaluation, conducted in collaboration with the British Standards Institute (BSI), was based on two international standards: ISO 22316:2017 and BS 65000:2014 …
UAE banking sector’s net international reserves up 8% in first five months to Dhs 1.236 trillion
Net international reserves of UAE banking sector rose by 8 percent or Dhs 91 billion in the first five months of the year to reach Dhs 1.236 trillion …
UAE issues UK riot warning to citizens
The UAE has warned citizens in the UK to take security precautions and avoid areas witnessing riots in the country. More than 90 people were arrested by British police after demonstrations organised …
Researchers identify global hotspots for flows of ‘dirty money’, with Dubai and Hong Kong emerging as focal points
New research from the University of Sussex, published August 5 has identified a large-scale shift from the UK to what researchers are terming the “Dubai-Kong axis” as a new hotspot for illicit financial flows (IFFs)—money tied to corruption,
Dubai’s RTA and ADNOC complete ten truck rest stops
Dubai’s Roads and Transport Authority (RTA) has completed the construction of ten out of 16 truck rest stops, in collaboration with the Abu Dhabi National Oil Company (ADNOC).
Abu Dhabi announces rental support package for Emirati newlyweds
Rental assistance, loan deductions and loan repayment extensions will be offered to Emirati married couples in Abu Dhabi as part of a wider drive to promote family stability. Announced by the Abu …
Abu Dhabi announces rental support package for Emirati newlyweds
Rental assistance, loan deductions and loan repayment extensions will be offered to Emirati married couples in Abu Dhabi as part of a wider drive to promote family stability. Announced by the Abu …
Dubai welcomes a record 9.31 million visitors in H1 2024
Number of international overnight visitors in the first half of the year in Dubai was 9% higher than the same period in 2023.
Abu Dhabi announces Dh75,000 yearly rental support for newlywed citizens
UAE nationals with four to six children can also apply for a partial deduction and extension of repayment period on approved housing loans …
Dubai welcomes a record 9.31 million visitors in H1 2024
Number of international overnight visitors in the first half of the year in Dubai was 9% higher than the same period in 2023.
Best Wi-Fi routers for 2024 tested and rated
Whether you’re looking to get more performance out of your home network, extend your range or support more devices at the same time, investing in one of the best Wi-Fi routers is going to make …