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Month: August 2024

Posted on 14/08/2024

Abu Dhabi named safest city in the world for eighth consecutive year

With top scores in safety and healthcare, UAE’s capital remains the world’s safest city and the most liveable in MENA …

Posted on 14/08/2024

UAE’s diversified economy set to sustain upward trajectory

Powered by a vibrant non-oil sector, the economy of the UAE, the second largest in the Arab world, continues to demonstrate robust growth, the Organisatio..

Posted on 14/08/2024

Abu Dhabi’s financial centre says company registrations up 31%

The number of companies that set up base in Abu Dhabi’s financial centre ADGM increased by 31% in the first half of the year as the likes of Morgan Stanley joined a slew of other financial services …

Posted on 14/08/2024

Court rejects bank’s request to obligate customer to pay Dhs484,000

The bank’s lawsuit was revoked due to its violation of the UAE Central Bank’s personal loan instructions as the loan granted to the customer exceeded 20 times his salary. The bank also did not commit …

Posted on 14/08/2024

Court rejects bank’s request to obligate customer to pay Dhs484,000

The bank’s lawsuit was revoked due to its violation of the UAE Central Bank’s personal loan instructions as the loan granted to the customer exceeded 20 times his salary. The bank also did not commit …

Posted on 14/08/2024

Future Health GCC launches advanced cord blood banking facility in Dubai

Future Health GCC has unveiled its state-of-the-art cord blood banking facility in Dubai Healthcare City, marking a significant advancement in healthcare o..

Posted on 14/08/2024

Report: UAE could join international operation in Gaza after war ends

The United Arab Emirates could participate in an international operation in Gaza after the end of the current conflict, Israel’s military broadcasting service said on Wednesday. The state-funded …

Posted on 14/08/2024

Up to Dh1-million fine: UAE labour law changes crack down on fake Emiratisation

A new amendment introduced to the UAE labour law specifies heftier penalties for fake Emiratisation, a legal expert has said. Announced earlier this week, ranging from Dh100,000 to Dh1 million for …

Posted on 14/08/2024

‘We don’t need more concrete’: A new village in Tanzania will use a 3D printer and soil to build its community

A new village in Tanzania will go back to the future by using soil and a 3D printer to create its community center.

Posted on 14/08/2024

‘If we want to make the telecom sector competitive, we must act now’

Jabbor Kayumov, chief executive officer and managing director of Ncell, brings with him over 20 years of experience in senior management roles in the telecommunications industry worldwide. Kayumov has …

Posted on 14/08/2024

Abu Dhabi: 5 devices installed to scan containers, trucks at sea ports

Each device can handle up to 120 trucks per hour, all connected to a control room for continuous monitoring of operations …

Posted on 14/08/2024

SFD, ARADO launch 3rd edition of Sharjah Award for Public Finance

The Sharjah Finance Department (SFD), in collaboration with the Arab Administrative Development Organization (ARADO) (affiliated with the Arab League), launched the third edition of the Sharjah Award …

Posted on 14/08/2024

Etihad announces Abu Dhabi to Mumbai with A380 plane

Etihad Airways will fly its Airbus A380 to from Abu Dhabi to Mumbai for a special four-month period, as it celebrates 20 years of UAE-India flights.

Posted on 14/08/2024

Abu Dhabi SWS consortium lands $1bn Uzbek wastewater plant deal

A strategic consortium – comprising Abu Dhabi Sustainable Water Solutions Company (SWS), Japan’s Marubeni Corporation, and French utility group Suez – has signed a joint development agreement with the …

Posted on 14/08/2024

Ehfaaz transforms waste, boosting UAE’s global sustainability leadership

The UAE’s proactive promotion of the circular economy, particularly through initiatives like the National Circular Economy Policy, Ne’ma, and the Year of S..

Posted on 14/08/2024

India’s SBI aims to sell its Yes Bank stake, worth $2.2 billion

Japanese lender Sumitomo Mitsui Banking Corp and Dubai-based Emirates NBD are in advanced talks to acquire a majority stake in Yes Bank, two of these sources said. Sumitomo Mitsui is a unit of …

Posted on 14/08/2024

UAE national banks lend $13.48bln to private sector in 5 months

Credit facilities provided by the UAE national banks to the private sector reached AED49.5 billion ($13.48 billion) during the first five months of 2024, raising the cumulative total to AED1.182 …

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