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Posted on 02/10/2024

UAE flight cancellations: Emirates and flydubai urge passengers to check journeys

Emirates has cancelled flights from Dubai to destinations including London and has urged passengers to check their journeys. Several flights from the city’s biggest airline, due to take off on Tuesday …

Posted on 02/10/2024

UAE: Burger cafe shut down after 3 warnings for ‘high-risk violations’

The closure resulted from serious food safety violations and the facility’s failure to implement effective corrective measures …

Posted on 02/10/2024

Abu Dhabi’s ADNOC to buy German chemicals firm Covestro for $16 bln

Abu Dhabi’s ADNOC has struck a deal to buy German chemicals maker Covestro for 14.7 billion euros ($16.3 billion), including debt, in the energy giant’s biggest ever acquisition.

Posted on 02/10/2024

Dubailand vs Dubai Creek Harbour: How much real estate can you buy for $1mn?

Here is a comparison of the type of properties you can buy in Dubailand and Dubai Creek Harbour for $1 million …

Posted on 02/10/2024

Beyond branded real estate: Inside Muhammad BinGhatti’s journey to UAE property mogul

BinGhatti believes factors like Dubai’s growing population, tenant demand, and yields still outpacing other major international financial centres will insulate the luxury market even in a potential do …

Posted on 02/10/2024

U.S. and UAE Shift as Both Nations Forge New Paths in Artificial Intelligence

The United States and the United Arab Emirates (UAE) have experienced noticeable strain over the past few years as the Emirati kingdom developed closer ties with China. The two countries had a …

Posted on 02/10/2024

Abu Dhabi Invites Bids for 1.5GW Al-Zarraf Solar Project

A significant step towards enhancing its renewable energy landscape has been initiated by Abu Dhabi, as it officially announced the launch of a competitive bidding process for the 1.5-gigawatt (GW) Al …

Posted on 02/10/2024

TECOM to buy commercial asset in Dubai Internet City for Dhs720m

Dubai business park operator TECOM Group said on Tuesday that it had signed an MOU to acquire a Grade-A commercial asset in Dubai Internet City for $196m (Dhs720m).

Posted on 02/10/2024

Dubai: TECOM to acquire commercial space worth AED720mn

TECOM announced a AED2bn expansion plan earlier this year. Dubai: TECOM to acquire commercial space worth AED720mn. Business, commercial real estate, dubai, Dubai Internet City, dubai real estate, …

Posted on 02/10/2024

Future of Automotive Mobility 2024: UAE Leads the Charge in Embracing Digital Car Purchases and Alternative Drivetrains

Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive …

Posted on 02/10/2024

UAE participates in meetings of Council of Arab Central Banks, Monetary Authorities’ Governors

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), participated in the 48th regular session of the Council of Arab Central Banks and Monetary Authorities’ Gov …

Posted on 02/10/2024

UAE President congratulates award-winning students

President His Highness Sheikh Mohamed bin Zayed Al Nahyan met today with a number of students to congratulate them on their award-winning performances representing the UAE in international …

Posted on 02/10/2024

Etisalat: govt contemplating finding middle ground to resolve payment issue

ISLAMABAD: The government is doubtful of getting the entire amount, as it is contemplating a middle ground to resolve the long-outstanding payment of $800 million against the UAE-based telecom company …

Posted on 02/10/2024

US Imposes Duties on Solar Panels From Southeast Asia

The US Commerce Department set preliminary duties on solar imports from Southeast Asia, after an initial finding the equipment is benefiting from illegal government aid. Most Read from BloombergA 7,00 …

Posted on 02/10/2024

My Own Home: Bachelor turns Dh2.35 million Dubai Marina flat into a co-living space

My Own Home takes you inside a reader-owned property to ask how much they paid, why they decided to buy and what they have done with it since moving in Entrepreneur Jack Sellers, 32, moved to the UAE …

Posted on 02/10/2024

Dubai launches new IP Hub to empower innovators, entrepreneurs, enhance business landscape

DUBAI: Dubai Future Foundation (DFF) and the UAE Ministry of Economy today announced the launch of the Dubai Intellectual Property Hub (DIPH), the UAE’s first centralised intellectual property (IP) …

Posted on 02/10/2024

UAE corporate tax: How will it apply to owners of mixed-use buildings?

If you look at any tall building in the UAE, regardless of the number of floors, the vast majority share one commonality. The ground floor, at a minimum, is usually set aside for commercial use.

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