German utility RWE’s trading arm received its first cargo of liquefied natural gas (LNG) at Brunsbuettel port from Abu Dhabi National Oil Company (ADNOC … without Russian gas also includes increased …
Abu Dhabi launches ‘Hub71+ Digital Assets’ with $2b funding for Web3 startups
Hub71+ Digital Assets’ is focused on unleashing the disruptive potential of Web3 and the growth of digital assets. “Hub71+ Digital Assets signifies that Abu Dhabi is open to disruptive businesses …
Emirate of Sharjah tightens guidance for dollar sustainable bonds – document
Feb – The government of Sharjah, one of the seven United Arab Emirates, has tightened guidance for a sale of nine-year sustainable bonds denominated in U.S. dollars by 25 basis points, a document on …
Travelling to or from the UAE? It’s now easier to declare your valuables
Doesn’t sound too shabby to us. Afseh: Dubai International Airport It comes as the UAE’s Federal Authority Identity, Nationality, Customs and Ports Security (ICP) has called on all travellers to and …
Wedding, business plans after Dh100,000 win in Mahzooz draw in UAE
The 49-year-old father of two who works at a gas plant in Oman, received a phone call from his daughter in Dubai informing him of his win … Gyan plans to use his windfall to start his own business …
Dubai Announces the Opening of its First Virtual Shopping Center
The first virtual mall in Dubai, The Mall of the Metaverse will represent Majid Al Futtaim in Decentraland, one of the most progressive metaverse platforms.The Mall of the Metaverse will open to …
UAE travellers must declare cash, valuables over AED60,000 at all ports
The Federal Authority for Identity, Nationality, Customs and Ports Security (ICP) has called on all travellers to and from the UAE to disclose their possession of cash and valuables, in case it …
Possessions over Dhs60,000 must be declared by UAE travellers at all ports
In accordance with the UAE’s disclosure system for cash … The disclosure system determines the penalties for those who fail to abide by the rules, whereby a customs fine is imposed in accordance …
What Travelers in the UAE Must do if Assets Exceed Dh 60K
Any traveler carrying more than Dh60,000, or an equal amount in any other money, financial assets, precious metal, or gemstones, must report it to customs officers while entering or leaving the UAE.No …
‘Mall of the Metaverse’: Dubai announces first virtual shopping centre
Inside the mall, customers’ avatars will find Carrefour, VOX Cinemas, THAT Concept Store, Ghawali and Samsung Store, among others …
Dubai retailer announces Mall of the Metaverse virtual shopping centre
Dubai’s Majid Al Futtaim will open a virtual mall with Carrefour, Vox and Samsung spaces Dubai retailer announces Mall of the Metaverse virtual shopping centre Majid Al Futtaim, Metaverse, shopping ma …
UAE: All passengers must declare currencies, assets, jewellery valued over Dh60,000
All passengers travelling into or out of the UAE with more than Dh60,000, or an equivalent amount in any other currency, financial assets, precious metal or stones, must declare it to customs officers …
Dubai’s Emaar Properties posts 80% surge in 2022 profit on record sales
Emaar Properties, Dubai’s largest listed developer, has reported that its 2022 net profit rose 80 per cent on record real estate sales across its portfolio.Net profit attributable to equity owners of …
Soaring Russian oil imports hit India’s rupee trade plans with the country
New Delhi’s imports from Russia in eight months to November were almost … “Refiners would rather pay in the UAE dirham which is pegged to the dollar,” the BPCL executive said. Spokespersons for …
Mena Fintech Association launches Future of Finance Vertical
Dubai, UAE – The Mena Fintech Association (MFTA) is proud to announce the launch of its highly anticipated Future of Finance (FoF) vertical, aimed at shaping the future of the financial industry in …
47 amazing new bars and restaurants now open in Abu Dhabi
The same can be said for Abu Dhabi’s dining scene, an ever-flowing, every-changing torrent of gastronomy that grows in force with every new inundation. And barely more than a month in, 2023 has …
Abu Dhabi launches programme to boost procurement opportunities for SMEs
The Abu Dhabi Department of Economic Development has launched a programme to help small and medium enterprises secure procurement opportunities from big private and public sector companies.The Abu …