After a decade of fast growth, UAE wealth is anticipated to grow by 6.7 percent, hitting $1 trillion by 2026 ‘Standing still’ is the biggest risk to the UAE’s most wealthy: Report Cryptocurrency, GCC, …
Sharjah’s real estate transactions hit $3 billion by June, led by GCC investors
The total number of sales transactions amounted to AED4.1 billion out of which AED3.9 billion were within 10 popular areas of the emirate Sharjah’s real estate transactions hit $3 billion by June, led …
Abu Dhabi to open nine charter schools with 12,000 places in September
Abu Dhabi will open nine new charter schools with 12,000 places in September, the start of the 2022-2023 academic year. The rapidly expanding programme, which was launched in the 2018-2019 school year …
Abu Dhabi Executive Council appoints new officials to emirate’s regulatory authorities
The Executive Council has today announced a number of new appointees to the emirate’s regulatory authorities. Amal Nasser Al Jabri has been appointed as director-general of the Human Resources …
UAE, Iran discuss boosting ties ahead of possible ambassador return
The UAE’s talk of strengthening Iran ties comes alongside Iraqi efforts to mediate between Emirati ally Riyadh, and Tehran …
UAE: Ministry announces new penalties for firms that don’t pay salaries on time
The resolution stipulates that the Ministry of Human Resources and Emiratisation (MoHRE) will monitor establishments registered in its database, regardless of size, to ensure salaries are paid on time …
UAE rains: Food, grocery delivery services delayed due to inclement weather
Food and grocery deliveries are being delayed at the moment because of the rain that has hit several parts of Dubai. All major food delivery apps in the country have put out notices about the weather …
UAE launches power-to-liquids roadmap
The UAE has launched its Power-to-Liquids Roadmap, which was drafted in cooperation between the Ministry of Energy and Infrastructure and the World Economic Forum. The PtL roadmap shows the financial, …
UAE: Shopping online or overseas? Why you can now spend more euros than before
With euro value plunging against the US dollar, why you’ll get more when you shop in euros Dubai: The euro and the US dollar reached parity earlier last week, meaning one dollar could buy one euro …
UAE Golden Visa: Which health insurance schemes are popular among long-term residency holders?
Golden Visa holders can opt for basic insurance covers, with annual premiums starting from less than Dh1,000, industry executives have said.However, long-term residency holders tend to look for …
The India-Middle East Food Corridor: How the UAE, Israel, and India are forging a new inter-regional supply chain
The India-Middle East Food Corridor developed organically among the three Asian countries themselves, through private sector, joint venture investments carefully cultivated via bilateral …
UAE rains: Drive-through Covid testing centre closed due to unstable weather
A drive-through Covid-19 testing centre in Fujairah has been closed due to prevailing weather conditions. The Fujairah Police posted a notice on Twitter, announcing the centre’s temporary closure for …
UAE’s national insurer rolls out exclusive packages for Golden Visa holders
Starting at AED2,393, the national insurance company offers three different plans to address the needs of all kinds of Golden Visa-holder applicants UAE’s national insurer rolls out exclusive packages …
UAE and Iran discuss boosting ties ahead of possible ambassador return
The Emirati and Iranian foreign ministers have held a telephone conversation and discussed boosting ties, UAE state media reported Wednesday, as the Gulf Arab country considers sending an ambassador …
Dubai Police arrest jewellery thieves minutes before their flight was to take off
Thorough investigations revealed that the suspects had entered a building under construction and disguised themselves before they committed their crime.
Dubai Islamic Bank’s first-half profit surges to over $735mln
Dubai Islamic Bank announced on Wednesday a significant surge of 45 per cent to Dh2.7 billion in first-half profitability compared to Dh1.86 billion in the same period last year. The strong …
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Dubai Islamic Bank income jumps 7 percent ‘despite global headwinds’
The bank’s net profits amount to 2.7 billion and also saw an increase in total income rose to AED6.3 billion Dubai Islamic Bank income jumps 7 percent ‘despite global headwinds’ banking, Dubai, Dubai …
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