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Posted on 21/06/2024

UAE participates in BRICS Chief Justices Forum in Russia

The UAE delegation was headed by Mohammed Hamad Al Badi, President of the Federal Supreme Court, accompanied by Judge Shihab Abdul Rahman Al-Hammadi, Judge Ibrahim Obaid Ali Al Ali, and Nasser Saeed N …

Posted on 21/06/2024

Larger than life: Tiger Sky Tower aims to redefine Dubai’s skyline with innovation and luxury

Tiger Sky Tower sets a new standard for eco-friendly urban living, from its lush parks to its energy-efficient design …

Posted on 21/06/2024

Dubai’s real estate market: Insights from Oksana Belskaya

Dubai’s population growth further underscores its rapid development and attractiveness to investors, Belskaya said Dubai’s real estate market is a vibrant and ever-evolving landscape, shaped by …

Posted on 21/06/2024

Off-plan property delays in UAE: Know your legal rights as a buyer

Fortunately, the UAE’s legal system has some safeguards in place to protect buyers’ rights in such scenarios – here’s everything you need to know …

Posted on 21/06/2024

Sneak peek at Ramhan Island, a new luxury development off the Abu Dhabi coast

Rugged surfboards line a rack in one corner as a salty breeze underscores the tropical humidity.There is, however, nothing simplistic about Ramhan Island, a new development off the Abu Dhabi coast.

Posted on 21/06/2024

Dubai: Rent crosses Dh1 million per year for some villas, flats amid sky-high demand

R ents have reached record highs due to unprecedented demand for uber-luxury properties in Dubai, with 270 rental transactions signed in the first five months of 2024 with annual rents of Dh1 million …

Posted on 21/06/2024

DEWA connects Enkhali reservoir to Dubai’s water network

The new water reservoir has a storage capacity of 120 million imperial gallons DEWA’s Enkhali water reservoir has a storage capacity of 120 million imperial gallons (MIG) Image Credit: DEWA Dubai: …

Posted on 21/06/2024

Summer solstice: Solar a ‘serious’ electricity player as power share soars to 20%

Spain is leading the European pack on solar generation this June. View on euronews …

Posted on 21/06/2024

Dubai’s DET appoints Dr Marwan Alzarouni as CEO of AI

The initiative to appoint chief AI officers, is part of a broader strategy, to integrate cutting-edge technologies into the governance structure …

Posted on 21/06/2024

Explained: Why is UAE the new haven for India’s richie rich

A report mentions that approximately 4,300 millionaires are expected to leave India this year and a majority of them are headed for Dubai in the UAE.

Posted on 21/06/2024

UAE banks provide Dhs15.6bn to trade, industrial sectors in Q1 2024

UAE national banks accounted for 90 per cent of the combined credit to the two sectors, while the remaining 10 per cent came from foreign banks.

Posted on 21/06/2024

Multibagger Quicktouch Technologies Approves 100% Acquisition Stake in Dubai-based Firm

The board of the Quicktouch Technologies has approved the 100 per cent acquisition of Grenew DMCC. Dubai-based Grenew DMCC deals in handling electrical and electronic appliances, with a network …

Posted on 21/06/2024

UAE Ministry of Finance unveils key new projects to boost competitiveness

These projects are part of the comprehensive strategy of the UAE to future-proof its economy and reinforce its status as a global financial hub …

Posted on 21/06/2024

Commercial Bank of Dubai joins EDB to facilitate international trade

Dubai: The listed Commercial Bank of Dubai (CBD) has teamed up with Emirates Development Bank (EDB) through a strategic partnership to enhance and facilitate international trade services, according to …

Posted on 21/06/2024

UAE’s IHC shareholders approve Dhs5bn share buyback program

UAE’s International Holding Company (IHC) said on Thursday that its shareholders approved its $1.36bn (Dhs5bn) share buyback plan, which represents around 0.6 per cent of the conglomerate’s capital.

Posted on 21/06/2024

UAE stocks rally as IHC and Emaar lead liquidity surge

Over 316 million shares changed hands in more than 22,500 deals Trading in local stock markets drew over AED1.6 billion in liquidity as markets closed on June 20, with International Holding Company …

Posted on 21/06/2024

UAE climbs rankings to second largest recipient of greenfield investment projects

The World Investment Report 2024, published today, shows the UAE received 1,323 greenfield investment projects last year, an increase of 33% compared to 2022 …

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