As of May 2022, average apartment and villa rents stood at AED 83,485 and AED 249,677 per annum respectively Costs of rent in Dubai increasing at the fastest rate since October 2014: report Dubai, …
Dubai real estate crowdfunding platform posts solid growth
SmartCrowd, Dubai’s innovative real estate crowdfunding platform, which allows individuals investors to take a ‘fractional share’ in a rental property, has grown its investor base nearly six times …
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UAE ranked world’s top millionaire destination in 2022 as a ‘powerful magnet for talent and capital’
Approximately 4,000 more millionaires are expected to move to the UAE this year than those who will leave — one of the country’s largest millionaire net inflows on record UAE ranked world’s top …
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Sorbonne University Abu Dhabi celebrated the International Women in Mathematics Day
Sorbonne University Abu Dhabi hosted a hybrid conference from 10:00 AM until 4:00 PM in commemoration of International Women in Mathematics Day. The conference was organised by Dr Lama Tarsissi, …
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Passport Legacy shares UAE industry insights for H1 2022
As a melting pot of both business and tourism, it makes sense that many nationalities would want to take advantage of Dubai’s highly beneficial tax incentives, premium healthcare facilities and …
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Crypto Entrepreneur Backs Terra Relaunch Amid Skepticism, Says Price Collapse Will Foster Institutional Adoption
Crypto custodian Hex Trust says the recent meltdown of stablecoin … Hex Trust, for its part, is now busy setting up a new regional hub in Dubai, Quaglini said. The expansion plan comes after Dubai …
UAE humid weather: Expect light rainfall in Fujairah, mercury to hit 46°C
Dubai: The weather across the UAE will be hot and humid today. While it will be sunny across most parts of the country, Fujairah will see cloudy skies with a chance of light rainfall at times.
UAE: Gold near 4-week low; 24K drops to Dh221 per gram
The dollar rallied on bets for steep US Federal Reserve interest rate hikes, eroding the appeal of bullion and other precious metals …
Indian rupee recovers against UAE dirham after hitting all-time low
The Indian rupee rebounded from its all-time low level and inched higher by 2 paise to 78.02 against the US dollar (21.25 versus the UAE dirham) in opening trade on Tuesday. At the Indian interbank …
Bali, Malaysia strong contenders for UAE travellers’ summer plans, but Europe lags
But airfares to popular summer destinations will be at 2-year highs Dubai: Bali and Malaysia are emerging as strong contenders for UAE travellers this summer despite flight ticket rates rising to …
Intelligent EV Company NWTN to Establish Its Manufacturing Base in UAE
The intelligent electric vehicle (EV) company NWTN announced its partnership with Sultan Investments in establishing an EV SKD assembly base in Khalifa Industrial Zone Abu Dhabi (KIZAD), which will …
UAE’s EWEC to conduct 4th Clean Energy Certificates Auction today
CECs provide Abu Dhabi entities an empowering pathway to achieve their desired sustainability goals by guaranteeing the zero carbon origin of their clean electricity consumption, while also enabling …
Dubai: Man fined Dh5,000, imprisoned for impersonating CID officer
A 39-year-old was fined Dh5,000 and sentenced to three years in prison for impersonating a CID officer, and harassing a security guard. The security guard said that he was taking a walk around his …
Unique rally by men in ‘kanduras’ to feature 100 supercars in Dubai
Participants to don traditional Arab attire for parade on July 2 Dubai: A rally of 100 supercars by men in kanduras will be held in Dubai on July 2. With free entry for visitors, the rally, held in …
VIDEO: Sheikh Mohammed opens Dhs1 billion ‘Mohammed Bin Rashid Library’ in Dubai
Built with an investment of Dhs1 billion, the library aims to cultivate a culture of reading, while supporting the development of creativity, knowledge and art at both individual and social levels.
Dubai’s Mohammed bin Rashid Library’s ‘book-shaped’ design explained
The Mohammed bin Rashid Library that overlooks the Dubai Creek was inaugurated on Monday by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler …
Two neighbours end up in Dubai court following unlikely dispute over their pets
According to Dubai Courts, the defendant, while chasing his cat down the street outside his home in Dubai’s Mirdif area, had passed by the victim who was walking his dog. The de …