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Posted on 31/05/2024

Dubai’s FIVE Hotels turns sustainability into serious profit

The Group’s CFO, CSO, and COO Jaydeep Anand revealed that sustainability can be profitable – with 92% occupancy in 2023, they slashed carbon emissions by 63%, water use by 40%, and waste by 34% since …

Posted on 31/05/2024

Victory of Indian innovators at AI championship in Dubai spotlight country’s talent pool

He shared that it’s important to find ways to upskill everyone to ensure a level playing field in AI. Cyril, a product leader at Etisalat (e& enterprise, a telecommunication company), won the coding …

Posted on 31/05/2024

Khazna to build 30MW data center in Abu Dhabi, UAE

Khazna Data Centres is to build a new data center in Abu Dhabi, United Arab Emirates (UAE). The company this week announced it is partnering with the Abu Dhabi Investment Office (ADIO) to construct a …

Posted on 31/05/2024

Abu Dhabi index jumps ahead of OPEC+ meeting

May 31 (Reuters) – Stock markets in the United Arab Emirates closed higher on Friday, with the Abu Dhabi index leading gains ahead of an OPEC+ meeting two days later. OPEC+ is working on a complex …

Posted on 31/05/2024

Abu Dhabi: 90% discounts, win tour packages, gold vouchers, cars as summer sale starts

The annual campaign launched today runs till June 30 and shoppers who spend Dh200 or more will be eligible to enter a series of raffle draws …

Posted on 31/05/2024

Emirati designers showcases latest innovative designs at 5th Jewels of Emirates Show in Sharjah

Sharjah: The 5th edition of the Jewels of Emirates Show, currently underway at the Expo Centre Sharjah until June 2, has showcased the exceptional talents of Emirati designers, who are presenting …

Posted on 31/05/2024

SEWA signs MOU with American University of Sharjah

Sharjah24: Sharjah Electricity, Water and Gas Authority (SEWA) has signed a memorandum of understanding (MOU) with the American University of Sharjah (AUS) regarding the “Elite Program” organized by …

Posted on 31/05/2024

Saudi Arabia sets new test for international interest with $13.1 bln Aramco sale

Saudi Arabia and its bankers will on Sunday morning start taking orders for as much as $13.1 billion worth of shares in its energy giant Aramco , in a major test of international investor interest in …

Posted on 31/05/2024

UAE announces midday outdoor work ban to start June 15, fines of up to $13,600 for breaking rules

The Ministry of Human Resources and Emiratisation (MoHRE) is set to begin implementing the Midday Break, prohibiting work under direct sunlight and in open-air areas across the UAE, between 12.30pm …

Posted on 31/05/2024

UAE tax authority stresses mandatory deadline for corporate tax registration

Khalid Ali Al Bustani, Director-General of the FTA, opened an awareness workshop in Dubai this week as part of a campaign on corporate tax compliance …

Posted on 31/05/2024

Bybit Institutional Launches Game-Changing Asset Management Program, Ushering in a New Era of Crypto Investing for Asset Managers and Investors

Bybit, one of the world’s top three crypto exchanges by volume, is thrilled to launch the industry-first Asset Management Program.

Posted on 31/05/2024

Abu Dhabi to advance neurodegenerative disease patient care in the Emirate

Abu Dhabi’s Department of Health (DoH) is set to enhance patient care for neurodegenerative diseases through a Memorandum of Understanding (MoU) with Eli Lilly Suisse S.A. The agreement will witness …

Posted on 31/05/2024

Chinese newspaper: “Abu Dhabi International Book Fair” the most influential in the Middle East

This edition saw the largest Chinese participation in any book fair in the world, with 120 Chinese publishers spread across nine pavilions covering an area of 500 square metres …

Posted on 31/05/2024

UAE experienced a 53% y-o-y growth in real-time payment transactions in 2023, says study

Electronic payments lead transaction value as UAE moves towards cashless economy: Study In 2023, electronic transactions comprised over 37 per cent of all transactions in the UAE. Image Credit: Supplied Dubai: UAE experienced 53 per cent year-on-year …

Posted on 31/05/2024

EV giant Lucid opens showroom in Dubai, expands presence in the region

Lucid Group, the electric vehicle manufacturer, has unveiled its latest venture into the UAE with the inauguration of a new retail outlet in Dubai. Located in City Walk, the Dubai Studio marks the car …

Posted on 31/05/2024

This Dubai townhouse was rented for a record Dhs3.7m a year: see details

Dubai real estate has a new milestone: a five-bedroom residence in Jumeira Bay Island’s Villa Amalfi community has broken records as the most expensive townhouse ever rented in Dubai. It is also …

Posted on 31/05/2024

ADGM Publishes a Consultation Paper on the Comprehensive Revamp of its Real Property Regulations

Abu Dhabi Global Market (ADGM), the International Financial Centre of the UAE’s capital, has published a Consultation Paper …

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