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Posted on 17/08/2024

UAE equities gain amid global rally on rate optimism

Stock markets in the United Arab Emirates edged higher on Friday as investor sentiment was bolstered by encouraging U.S. inflation data and expectations of a rate cut by the Federal Reserve.

Posted on 16/08/2024

20 Years in the Making, Kelly Slater’s Abu Dhabi Wave Pool Is A Tech Marvel

This week, the latest iteration of Kelly Slater’s wave pool design, Surf Abu Dhabi, announced that they’d be opening in October. The best wave in the United Arab Emirates, it’s the first time we’ve …

Posted on 16/08/2024

UAE joins BRICS partners to launch Centre for Industrial Competences

The declaration was made at the 8th BRICS Industry Ministers Meeting, bringing industry, trade and technology ministries together …

Posted on 16/08/2024

Dubai Business Forum-China to boost economic, investment ties

Chinese business leaders have praised Dubai’s role as a vital hub for opportunities and an ideal platform for business expansion in both regional and global markets

Posted on 16/08/2024

UAE: Skip the Salik-based parking at Dubai Mall – all your free parking and public transport options

Explore Dubai Mall with ease – free parking zones, public transport, ride-hailing services UAE: The Salik paid parking system at Dubai Mall applies to these areas – the ‘Grand Parking’, Cinema Parking …

Posted on 16/08/2024

RBI Pushes Banks To Adopt Direct Rupee-Dirham Transactions With UAE

The RBI’s decision aligns with India’s larger goal of promoting trade settlements in rupees and decreasing its dependency on the US dollar …

Posted on 16/08/2024

Louvre Abu Dhabi hosts art exhibit on timeless relevance of fables

Now a major exhibition at the Louvre Abu Dhabi is dedicated to the lasting influence of fables on past and present art creation. Titled ‘From Kalila wa Dimna to La Fontaine: Travelling through Fables’ …

Posted on 16/08/2024

AI real estate consultant launched; Pakistan updates visa rules; travel ban rule change; UAE and Saudi law updates – 10 things you missed this week

UAE and Saudi law changes, Pakistan changes visa rules, Dubai real estate developments and more of the top stories this week

Posted on 16/08/2024

Dubai court recognizes crypto as a valid salary payment

Dubai Court rules crypto salary payments valid in employment contracts, marking a major shift in the UAE’s legal approach to digital currencies.

Posted on 16/08/2024

AI and 3D-model designing added to Abu Dhabi’s freelancer licence category

They have the right to contract and work with companies in Abu Dhabi as well as the free zones.Abu Dhabi has been at the forefront of driving artificial intelligence as a key economic driver.In …

Posted on 16/08/2024

Abu Dhabi’s ADGM issues 1,271 new licenses and 20 FSPs in H1 2024

The financial hub now has 2,088 operating entities, including 231 financial services entities, a 31% increase compared to H1 2023 …

Posted on 16/08/2024

As the Middle East frets about conflict, Dubai booms with an influx of anxious wealth

As conflict casts a shadow across the Middle East, people are getting rich in Dubai. Years after a momentary slump in the early days of the COVID-19 pandemic, the desert sheikdom’s economy is buzzing …

Posted on 16/08/2024

Dubai’s Responsible Riders Blame ‘Few Reckless’ Ones For Calls On E-Scooter Ban

Dubai resident Bimbo Calitis, 47, has been using his e-scooter daily for more than four years now shuttling between home and work in Jumeirah. He wears safety helmet, never drives beyond the …

Posted on 16/08/2024

From Farmers To Dream Makers: UAE-Based Hempy People Aims To Help Craft A Greener Future For Our World

One acre of hemp can replace up to four acres of forests, and they are capable of producing more oxygen as well—and knowing this made us wonder why do we not prioritize our health and the health of …

Posted on 16/08/2024

Jordan, UAE Discuss Severe Repercussions Of Israeli Extremists’ Storming Of Al-Aqsa Mosque

Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi, on Thursday, discussed with United Arab Emirates (UAE) Deputy Prime Minister and Foreign Minister His Highness …

Posted on 16/08/2024

Foreign direct investment in Abu Dhabi real estate rises by 225 percent in H1 of 2024

On Wednesday, the Abu Dhabi Real estate Centre announced a remarkable 225 percent increase in foreign direct investment (FDI) in the emirate’s real estate market during the first half of 2024, …

Posted on 16/08/2024

UAE: Indian Expats Can Expect ‘Enhanced Services’ From Embassy, Consulate

“The most important reason India and UAE bilateral relations are undergoing rapid and positive transformation is the vision and guidance of the leadership on both sides,” Sudhir said on Thursday after …

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