Dubai received 3.97 million overnight visitors in Q1 2022, up from 1.27 million visitors welcomed during the corresponding period last year, representing a 214 per cent year-on-year visitation growth.
PropertyDigger makes it easier to search properties for rent and sale in Dubai, UAE
The much-talked-about real estate vertical search engine has seen many real estate investors and enthusiasts searching for the best properties in Dubai.
( read original story …)
Dubai’s prime residential values surge 59%
The Palm Jumeirah and Emirates Hills continue to cement their iconic status, with global buyers continuing to jostle for an address in Dubai’s most exclusive enclaves. Villa …
( read original story …)
UAE’s Higher Colleges of Technology becomes world’s first to achieve QS 5-Star rating
Image Credit: Supplied Dubai: The Higher Colleges of Technology (HCT) has become the first higher education institution in the world to achieve a 5-Star rating in the Quacquarelli Symonds’ (QS …
( read original story …)
UAE’s Higher Colleges of Technology gets 5-star ESG, online learning ratings
The UAE’s Higher Colleges of Technology (HCT) has become the first university to achieve a 5-star environment, sustainability and governance (ESG) rating. The rating was granted by Quacquarelli …
( read original story …)
Abu Dhabi investment firm Alpha Dhabi sees net profit increase of Dh2b+ in Q1-2022
Alpha Dhabi’s revenues were up by a spectacular 700% to Dh8.17b Dubai: Alpha Dhabi, the real estate investment company and one of Aldar’s biggest shareholders, pulled out a Dh2.84 billion net …
( read original story …)
Sharjah teen jumps to his death from 12th-floor apartment
Sharjah: A 15-year-old Syrian boy died on the spot after he jumped off the 12th floor of a residential building in the Al Tawain area of Sharjah early last Sunday morning. Initial …
( read original story …)
UAE’s first special purpose acquisition company to open IPO subscription period on 12 May
The company aims to raise $99 million (AED 367 million) through its IPO listing. ADC will float 36.7 million shares on ADX with an offer price of AED 10 per share. UAE’s first special purpose …
( read original story …)
Foreign Investors Fail To Remit Rs 449 Crore For LICs Anchor Book, Domestic Funds Step In
Domestic mutual funds pitched in to bridge the gap in Life Insurance Corporation (LIC) of India’s anchor book as a marquee foreign institutional investor could not remit the money to India due to …
( read original story …)
Wio makes new appointments after receiving UAE Central Bank license
Wio Bank PJSC, established recently in the UAE, has announced the appointment of His Excellency Salem Al Nuaimi as Chairman of the …
( read original story …)
Sharjah Tourism highlights major projects and future plans at ATM
UAE – Sharjah Tourism highlighted the tremendous progress made by the emirate in hospitality sector at the Arabian Travel Market (ATM), even as officials announced new projects towards enhancing its …
Abu Dhabi Yahsat Q1 net profit rises 26% to $20mln
Abu Dhabi’s Al Yah Satellite Communications Company (Yahsat) has posted a profit of 73.8 million dirhams ($20 million) for the first quarter of 2022, up by 26 percent y-o-y. In a filing on Wednesday …
Abu Dhabi Distribution Company Partners With Carrefour To Expand Green Corner Initiative
Abu Dhabi Distribution Company Partners with Carrefour to Expand Green Corner Initiative . A Green Corner pilot at Carrefour Al Saqr will help guide cus …
Abu Dhabi-listed Waha Capital’s first-quarter profit surges 32%
Profit attributable to the owners of the company for the first three months of the year jumped to Dh147 million ($40m) from the same period a year earlier, the company said in a filing to Abu Dhabi …
Abu Dhabi conference to tackle drug and substance abuse
More than 1,000 experts in the field of substance abuse and addiction will gather in Abu Dhabi for a major conference this week. The event marks the first time the International Society for Substance …
Milwaukee Bucks, Atlanta Hawks to play 2 preseason games in Abu Dhabi
The Milwaukee Bucks and Atlanta Hawks will play two exhibition matchups at Abu Dhabi in October, marking the NBA’s first games in the United Arab Emirates and the Arabian Gulf.
UAE Real-Time Payments Scheme expected to drive significant economic benefits — ACI Worldwide Report
This bodes well for the UAE – in 2021 real-time payments schemes Saudi Arabia and Bahrain, two other member states of the Gulf Cooperation Council (GCC), helped unlock $166 million and $246 million of …