Vitaliy Grechin, 41, is being held behind bars after he caused a furor in the United Arab Emirates by sharing the racy images to Instagram. “When people make a mistake and apologize for it, …
UAE banks well-positioned despite rise in NPLs
The UAE banks are well-positioned even bad loans rise further, thanks to strong capital buffers and high level of profitability that local lenders enjoyed prior to the outbreak of Covid-19 pandemic, …
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UAE bank ADCB reports soaring profit as it recovers from NMC impairments
UAE’s third-biggest lender, reported a more than 400% surge in first-quarter profit on Sunday, after it took big impairments a year earlier due to its large exposure to troubled hospital operator NMC …
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Sharjah posts Dh6.7b real estate deals in Q1
The total number of transactions executed in the past three months reached 20,448 transactions, with an increase of 10.3 per cent compared to the same …
Female car repair shop owner blazes a trail in UAE
Huda al-Matroushi is one of few Emirati women to venture into the car repair business, an industry that has long been dominated by men in the Arab world. She turned that passion into a profession and …
Meet ‘one of the UAE’s only female car mechanics’
Huda al-Matroushi is blazing a trail for women in the autobusinessin the United Arab Emirates, an industry long dominated by men in the region.”When it comes to this situation, I enjoy it a lot.
UAE ranks first in key global ICT indices
The UAE has been ranked first in the world in several global Information and Communications Technology (ICT) competitiveness indicators. The index that measures the development and quality of the …
India-UAE travel suspension: Authorities clarify who are exempted
Emiratis, diplomats, official delegations, golden residency visa holders, businessmen’s flights allowed to travel.
Rashid Al Balooshi Wins NAS Cycling Championship Race for Amateur UAE Men, Khalid Al Thani Finishes Second
Diestro win NAS Padel FIP Stars men’s title, Italians Pappacena-Sussarello clinch women’s crown
April 25, 2021: Rashid Al Balooshi, winner of the 127km Al Salam Cycling Championship race for …
Playboy in Dubai jail for naked model photo now has Covid – but apologises for stunt
Vitaliy Grechin, 41, is still in custody over a picture of a naked woman on a balcony in Dubai. He has since tested positive for Covid and apologised for the snap …
UAE developer to deliver 5,000 units in Dubai, Abu Dhabi
The UAE’s leading private property developer Reportage Properties is developing nearly a dozen projects and will deliver 5,000 units in Dubai and Abu Dhabi. The list of projects consist of eight …
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UAE ranks 1st in global indicators for quality of telecommunications infrastructure
ABU DHABI – The UAE was ranked first in the world in several global competitiveness indicators that measure the development and quality of the communications infrastructure around the world in 2020.
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Abu Dhabi Ports Raises $1 Billion Loan, Sources Say
Abu Dhabi Ports, which owns and operates 11 ports and terminals in the United Arab Emirates and Guinea, has secured a $1 billion loan with a group of banks, two sources said. Nine banks provided the …
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Dubai Chamber members see rebound in Latin America-bound exports in Q1
The value of Dubai Chamber members’ exports and re-exports to Latin America surged 69 per cent to reach a record $60.5 million in the first quarter of 2021, a trend supported by increased activity …
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Dubai gold and jewellery industry initiates mass vaccination for all retailers and staff
As the UAE marches ahead with plans to vaccinate 100 per cent of the country’s population by the end of this year, Dubai Gold & …
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Sharjah explores ways to strengthen cultural, economic ties with Central American cities
Sharjah and SICA members to look at emerging opportunities especially in the sectors of publishing and translations.
Abu Dhabi Ports raises $1 billion loan: Sources
Abu Dhabi Ports, which owns and operates 11 ports and terminals in the United Arab Emirates and Guinea, has secured a $1 billion loan with a group of banks …