The starting bid for the number plate was Dh15 million and within seconds the bid rose to over Dh30 million. The bid then stagnated at Dh25 million for several minutes and the bid was placed by Pavel …
UAE: Gold prices fall below $2,000, drop Dh2 per gram in Dubai
According to Dubai Jewellery Group data, the 24K gold price opened at Dh241.25 per gram on Monday as compared to its previous close of Dh243.25. While 22K, 21K and 18K were trading at Dh223.5, …
Dubai: More Residents Looking To Buy 2-Bedroom Apartments Here’s Why
According to Property Finder’s data for March 2023, around 59.7 per cent of people who intend to own property in Dubai are looking for an apartment, while 40.3 per cent are interested in …
UAE has 557,000 SMEs, targets 1m by 2030
The UAE had 557,000 small and medium enterprises (SMEs) at the end of 2022, according to Abdullah bin Touq Al Marri, Minister of Economy. The figure is in line with the country’s ambitious plan to …
Chinese Solar Maker Says US May Be Too Pricey for Expansion
A top solar material producer is planning its first factory outside China, but may pass on the US because of high costs, according to the company’s chief executive officer. Most Read fromSaudi …
FPSO Firenze sails for Baleine field offshore Cote d’Ivoire
The FPSO Firenze will allow production start-up of the Baleine field, which is the largest hydrocarbon discovery in Cote d’Ivoire to date. [Image: Eni] …
Abu Dhabi Customs recycles 578 counterfeit goods
Counterfeit goods which could not be recycled were destroyed after completion of environmental and legal requirements …
Dubai’s DIEZ records 42 per cent rise in operating profit
Authority has announced a 42 per cent increase in its operating profit in 2022. The authority said its total revenue increased by 29 per cent, compared to 2021. The robust performance, which resulted …
Sheikh Hamdan launches Dubai Future Fellowship
The Dubai Future Fellowship will work together to anticipate the future of key sectors, identify and harness opportunities, and study potential challenges …
Sharjah Chamber Receives High-Level Diplomatic Delegations From Bahrain, Cuba
The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegati …
Sharjah Consultative Council Discusses DSCD Policy
SHARJAH, 9th April, 2023 (WAM) – During its twelfth session held as part of its work for the fourth regular session of the tenth legislative term, to discuss the policy of the Department of Statistics …
Sharjah Chamber discusses business ties with Bahrain, Cuba delegations
The Sharjah Chamber of Commerce and Industry (SCCI) has separately received two high-level diplomatic delegations from Bahrain and Cuba to discuss best practices …
UAE Weather: Chance Of Rain Alerts Issued In Dubai, Abu Dhabi Due To Massive Fog
UAE motorists taking the road early Monday morning will face visibility issues as massive fog engulfs several parts of the country. The National Centre of Meteorology (NCM) sent out red and yellow …
Hedge Funds Rushed to Short Treasuries in Time for Payrolls Beat
Speculators timed it just about perfectly before Friday’s strong US payrolls data, adding the most to their bets against benchmark Treasuries in just over a year. Most Read from BloombergSaudi …
Second salary in UAE: Invest as little as Dh1,000 per month to earn additional income
Simply put, the savings plan allows customers to save monthly for a duration they choose, and receive an income at the end of it …
Hanoi, Abu Dhabi sign Ministerial Declaration
HANOI: Industry and Trade Minister Nguyen Hong Dien has signed a Ministerial Declaration with United Arab Emirates (UAE) Minister of State for Foreign Trade, Thani bin Ahmed Al Zeyoudi.
Sheikh Zayed’s death: How the UAE mourned the loss of its founding father 19 years ago
On this day, 19 years ago, the man responsible for the unification of the UAE and much of its early development died. It was the 19th day of Ramadan and a time when news was heard on radios, …