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Category: BUSINESS

Posted on 02/03/2023

Dubai Customs boosts logistics services at Dubai Logistics City to aid earthquake victims

The Dubai Logistics City Inspection Center has activated monitoring screens in the operations room to improve the performance of transporting the International Humanitarian City’s shipments.. Dubai …

Posted on 02/03/2023

Abu Dhabi gets 80% of its power from clean energy

Clean energy in Abu Dhabi. The significant achievement to meet 80 percent of total power demand using renewable and clean energy reflects the realisation of the future vision of t …

Posted on 02/03/2023

UAE: Sharjah announces up to 35% discount scheme on traffic fines

A sigh of relief for motorists as Sharjah Executive Council has issued an advisory of a discount of up to 35% to settle their dues. Effective from April 1, 2023, motorists can avail the discount if …

Posted on 02/03/2023

Dubai real estate deals surge 43% on high investor demand

Property market is headed for another strong year despite challenges posed by inflation and a supply glut; Resolute economic growth in the Middle East expected to …

Posted on 02/03/2023

Mohammed Bin Rashid Issues Law On Dubai Ports Authority To Boost Maritime Trade

In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime …

Posted on 02/03/2023

Al-Futtaim Trading Enterprises opens new Polestar Space at Mall of the Emirates

Polestar (Nasdaq: PSNY), the Swedish electric performance car company, and Al Futtaim Trading Enterprises, Polestar’s sole dealer representative in the UAE, have opened a state-of-the-art new Polestar …

Posted on 02/03/2023

Kenya will import UAE oil on credit to ease dollar woes

Kenya will from next month start importing fuel on credit of up to one year from the United Arab Emirates to ease pressure on dollar demand amid uncertainty over its impact on local pump prices.Energy …

Posted on 02/03/2023

UAE-Born Canvas Gelato Is Carving A Niche For Itself In The Local Ice-Cream Market With Its Novel (And Diverse) Flavors

Handcrafted, artisanal ice-cream that’s delivered to your door: how can that be anything other than a great idea? But quite a lot of people thought otherwise when Ahmad Al Marri presented to them this …

Posted on 02/03/2023

UAE gross domestic product grew 7.6% in 2022- minister

The United Arab Emirates’ gross domestic product (GDP) grew 7.6% in 2022, Economy Minister Abdullah bin Touq Al Marri said on Thursday at the Investopia conference in Abu Dhabi.

Posted on 02/03/2023

Dubai: Gang jailed for trying to force maid into prostitution

The Dubai Court of Appeal upheld a ruling by a court of first instance, sentencing an Asian gang to prison for five years followed by deportation after the..

Posted on 02/03/2023

Sea Customs Centers Management at Dubai Customs seizes 34 million narcotic pills

Inspectors were also able to seize 1.2 million captagon pills, weighing 227.88 kg coming from an Asian country to Deira Wharfage Customs Center. The Smart Customs Submarines were used to uncover this …

Posted on 02/03/2023

UAE-Based Canvas Gelato Carves A Niche For Itself In The Local Gelato Market Courtesy Its Novel And Diverse Flavors

“By not depending on any of the premade ingredients used in all the generic gelato and ice cream brands, we got the opportunity to offer something different in the market.” Handcrafted, artisanal …

Posted on 01/03/2023

Investment surges in DIFC’s fintech firms ahead of Dubai FinTech Summit

Dubai continues to solidify its reputation as a global hub for fintech and innovation ahead of Dubai FinTech Summit, taking place on May 8 and 9 this year under the patronage of Sheikh Maktoum bin …

Posted on 01/03/2023

Dubai Customs seize millions of pills in ‘Double Strike’ operation

Related: Captagon crisis and the Middle East’s war on drugsDubai Customs have seized large quantities of narcotics in a double operation at ports in the emirate.In operation Double Strike, officers …

Posted on 01/03/2023

Indian B2B fintech Safexpay to setup Intl headquarter in Dubai, eyes major GCC expansion

The company plans to make investments to the tune of $10-$12 million for its proposed expansion in the region Indian B2B fintech Safexpay to setup Intl headquarter in Dubai, eyes major GCC expansion …

Posted on 01/03/2023

Dubai launches six new digital business groups in line with D33 agenda

The six new business groups are part of the chambers’ efforts in transforming Dubai into an international technology hub. Dubai launches six new digital business groups in line with D33 agenda. 5G, AI …

Posted on 01/03/2023

Dubai maintains its top position as prime residential prices gain the most

Wealth preservation, safe-haven capital flight and supply constraints played their part in driving prime price growth.

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