Sharjah: The management of Souq Al Jubail, a project by Sharjah Asset Management, has announced that it will be distributing financial rewards to licensed Emirati fishermen in Sharjah during the holy …
Oktoberfest reassures Germans it won’t be moving to Dubai
The organizers of Oktoberfest, Munich’s heralded and raucous annual beer festival, have sought to reassure distraught Germans by dismissing rumors that the event will move to Dubai.
Dubai’s DMCC signed up 216 new businesses in April, it’s highest in 7-years
“Despite the global economic situation, DMCC has continued to attract a broad range of entrepreneurs, SMEs and larger multinationals to Dubai,” said the company in a statement. The strong growth …
Dubai Police arrest 177 beggars since beginning of Ramadan
The Dubai Police have arrested 177 beggars since the beginning of the holy month of Ramadan. A top official said beggars also double up as thieves and pickpockets. “Begging poses a serious threat to …
Abu Dhabi’s TAQA completes $1.5bln 7-year and 30-year dual-tranche bond offering
The 30-year tranche is Taqa’s first Formosa issuance dual-listed in Taipei and London to tap into Taiwanese demand …
UAE economy shrank 6.1% last year amid COVID-19 crisis -preliminary data
The United Arab Emirates’ economy shrank 6.1% last year, the country’s statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors. “The country’s …
UAE reports 1,847 new COVID-19 cases and two deaths in 24 hours
The United Arab Emirates has reported 1,847 new COVID-19 cases and two virus-related deaths in the last 24 hours, according to the Ministry of Health and …
Suppliers of oxygen concentrators in the UAE run out of stock following huge demand by Indian expats
Dubai: Following the Indian government’s green signal for the import of oxygen concentrators, there has been a mad rush among Indian expatriates to send this unique oxygen filtering device to their …
Bonds deepen between UAE and India as pandemic continues
When the United Arab Emirates suspended flights from India, members of the UAE’s largest foreign population were stranded in their homeland. The UAE’s government and private initiatives are increasing …
UAE’s Transguard Group posts 86.2% dip in profit for FY20/21
Dubai’s Transguard Group has reported a profit of Dhs32.1m for the financial year 2020/2021, dipping 86.25 per cent from Dhs233.5m recorded during a year earlier period. The company posted revenue of …
Ailing grandfather detained in Dubai for son’s ‘bounced cheques’, desperate for help
April 2021
60 year old Londoner, Albert Douglas, made a brave attempt to cross to Oman after losing faith in Dubai’s justice system. He had stayed in the glitzy city, thinking an …
Dubai is a viable alternative to many European cities: Report
Dubai is being considered a viable alternative to many European cities due to its successful handling of the Covid-19 pandemic, according to global property consultant Savills. Du …
Dubai Police rescue cash-strapped tourist living in a tent, flies her back home after medical treatment
Dubai: Dubai Police have helped a tourist who ran out of cash and remained stuck inside a tent in a desert off Dubai. The 33-year-old tourist was spotted by the police patrol in Al Faqa’ area on the …
Smart Dubai And Mohammed Bin Rashid University Of Medicine And Health Sciences Develop A Novel Covid-19 Epidemiological Model
Smart Dubai and the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU) developed a novel epidemiological model to predict COVID-19 sp …
Eid 2021: Dubai hotels’ occupancy reaching full capacity
Dubai hotels are witnessing nearly full occupancy levels during Eid Al Fitr, thanks to strong demand for staycations as well as inflow of foreign tourists, especially from Europe and Arab …
Regulatory push in the UAE to make cryptos and tokens viable financial vehicles
The Dubai Financial Services Authority (DFSA), have in late March 2021, enacted a 30-day window for public comments on security token regulations, as part of efforts to create a standardized framework …
UAE economy performs ‘better than expected’ throughout year marked by coronavirus
Latest figures reveal country’s GDP and non-oil GDP declined by 6.1 percent and 6.2 percent, respectively, in 2020 …