ABU DHABI, April 29 (Reuters) – Abu Dhabi sovereign wealth fund, Abu Dhabi Developmental Holding (ADQ), has mandated banks for a benchmark-sized two-tranche debut US-dollar bond issue, fixed income …
Sharjah private schools resume classes on Monday
The private schools in Sharjah have demonstrated remarkable agility in swiftly transitioning to remote education in response to directives of the Local Emergency, Crisis and Disaster Management Team …
Dubai is pumping $35 billion into building what it says will be the world’s biggest airport
The Al Maktoum International Airport is planned to host 400 aircraft gates and five parallel runways, with a capacity of 260 million passengers.
These Dubai areas offer the highest rental returns
Apartments in Dubai Investments Park, Discovery Gardens and Liwan offer the best rental returns of up to 11 per cent to property buyers in the affordabl
How Dubai’s Direct Debit is shaking up the system to save consumers from bulk payments
Ummair Butt is an entrepreneur who is willing to challenge the norm, shake up the age-old system and he is not afraid to fail. Conviction and persistence have defined the entrepreneurial journey of Mr …
Sharjah private schools resume classes Monday
Students, along with educational and administrative staff in private schools across the Emirate of Sharjah, resume classes today. The Sharjah Private Education Authority (SPEA) oversight teams have …
UAE: Mould growing in homes after floods? Experts offer tips to tackle fungi spread
As authorities sprang into action to drain waterlogging, tenants and homeowners had to navigate the aftermath of nature’s unpredictability …
Edited video shared with false claim it shows ‘cars being carried on boats’ in Dubai
“This is how the millionaires in Dubai protect luxury cars from floods,” read the captions of a Thai-language Facebook post published on April 19, 2024. The post shared a six-second video which depicted luxury cars travelling on inflatable boats in a …
Reportage Properties reports $544mln worth of sales in 4 months
Reportage Properties, a leading UAE real estate developer, reported estimated sales at Dh2 billion since the beginning of the year until now. Its sales exceeded Dh3.7 billion ($1 billion) during 2023, …
Dubai to build world’s largest airport with 400 terminal gates and much more! Cost, features, and all you need to know
Maktoum took to X, formerly Twitter, on Sunday to announce that his government has approved the designs for the new passenger terminals at AI Maktoum International Airport worth $34.85 billion. …
Can AI replace your tax specialist? Probably not
Have we been truly freed from the tyranny of professional subject matter area specialists or are we enroute to that destination? Does the digital equivalent of the sea basin trawler, the artificial …
Abu Dhabi Police: A Fine of 1000 AED and 10 Traffic Points for Not Stopping at the “Stop” Signal for School Buses
Abu Dhabi Police have called on vehicle drivers to fully stop when the side arm (stop sign) of school buses is extended in both directions, maintaining a distance of no less than five meters to ensure …
UAE: Heavy Rains, Thunderstorms This Week Expert Explains Unstable Weather Forecast
In a span of fewer than 24 hours from April 15 to 16, the country encountered its most substantial rainfall since records commenced 75 years ago. The UAE recorded 6.04 billion cubic metres of rainfall …
UAE weather alert: Expert predicts rain, hail, urges residents to prepare for May 2-3 peak
While the UAE is getting ready for challenging weather conditions commencing Wednesday, the impending scenario isn’t anticipated to be the same as the rainfall encountered on April 16, an expert has …
UAE: Will Petrol Prices Rise For May Due To Iran-Israel Conflict?
(MENAFN- Khaleej Times) The UAE will announce petrol prices for the month of May 2024 on Tuesday to align them with global rates. Petrol prices could go up locally for next month as global oil prices …
‘Have to redo everything’: UAE businesses slowly rebuild after floods
When entrepreneur Faizah Khadijah was able to access the warehouse of her desserts business, The Sweetie Shop, after the storm in the UAE on April 16, she was reduced to tears. “I had just received a …
Dubai: Tenants prefer online bank payments over cheques as rents rise
Tenants are increasingly requesting landlords to pay rent via online bank transfers rather than cheques. This facility is also offered by property owners to some of those new Dubai residents who have …