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Posted on 24/09/2024

UAE stock markets collectively rise on Tuesday

The main index of Dubai Financial Market (DFM) showed a positive performance on Tuesday after rising by 27.40 (0.61%) to 4,434.06 points. The trading value hit AED 320.96 million through the exchange …

Posted on 24/09/2024

UAE seizes $639m of assets for money-laundering violations

In 2023, the UAE imposed fines exceeding AED254m ($69m) related to money laundering and seized assets valued at more than AED2.348bn ($639m) for violations of anti-money laundering practices and …

Posted on 24/09/2024

Best restaurants in Dubai announced in 2024 Tripadvisor awards

The top-ranked restaurant in Dubai and the UAE is Japanese-Peruvian restaurant Nobu in the Atlantis hotel in Palm Jumeirah. It edged ahead of Chinese restaurant Hakkasan, also in the Atlantis hotel, …

Posted on 24/09/2024

Dubai Exhibition Centre at Expo City to be home to the city’s mega exhibitions

A 10 billion dirham expansion plan will take place in three phases and upon completion, will double the number of exhibitions in Dubai… His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice …

Posted on 24/09/2024

Sheikh Mohammed approves Dhs10bn Dubai Exhibition Centre expansion plan

The exhibition centre will be the largest purpose-built indoor events and exhibitions venue in the region upon completion …

Posted on 24/09/2024

UAE’s Dubai Exhibition Centre set for Dh10bn expansion

Dubai vice-president, prime minister, and ruler Sheikh Mohammed bin Rashid Al Maktoum has sanctioned a Dh10bn ($2.72bn) expansion initiative for the Dubai Exhibition Centre (DEC) located at Expo City …

Posted on 24/09/2024

Behind the LEGO, Dubai metro anniversary activation

Dubai metro turned 15 years old. To celebrate this, the city has witnessed several activations with brands in the UAE, one of which went above and beyond to transform the Mall of the Emirates metro …

Posted on 24/09/2024

EU clears deal by UAE’s e& for PPF in first foreign subsidy probe

The EU Commission on Tuesday said it approved UAE telecoms group e&’s EAND.AD bid for parts of Czech telecoms company PPF under certain conditions, as it concluded its first probe under new bloc-wide regulation aimed at reigning in unfair competition from overseas.

Posted on 24/09/2024

Viral Video Shows ‘Pathetic’ Conditions of Migrant Labourers in Dubai

After working around the clock in scorching heat, these labourers return to a space that doesn’t even provide comfort or adequate facilities. The video has evoked anger from several viewers, garnering over two million views and sparking a discussion about the plight of these workers.

Posted on 24/09/2024

Dubai: Nearly 20,000 illegal residents correct visa status with less than 40 days to go

The General Directorate of Residency and Foreigners Affairs has so far managed to regularise the status of 19,772 individuals, while 7,401 exit permits have been issued to violators wishing to return to their home countries during the amnesty program that started on September1.

Posted on 24/09/2024

UAE extends exit pass validity as more than 27,000 are given visa amnesty in Dubai

Authorities in the UAE have extended the exit pass validity for those seeking amnesty for their expired visas, giving them until October 31 to leave the country. Earlier, amnesty seekers had 14 days …

Posted on 24/09/2024

Abu Dhabi cracks down on govt housing violations, illegal villa rentals

Abu Dhabi authorities are cracking down on violators of government housing rules, including those who illegally rent out these villas or set up shops at these properties, it was announced on Tuesday.

Posted on 24/09/2024

Five key transformative video technology trends by 2035 revealed at Milestone XPerience Days

According to industry experts, these key trends are expected to significantly impact and outline the industry’s future. 6G’s ultra-fast speeds and low latency will revolutionise video technology, …

Posted on 24/09/2024

‘Every landlord’s dream’: Dubai real estate firm launches rent-now-pay-later financing allowing tenants to pay in 12 instalments

Keyper’s RNPL Marketplace is poised to make a significant impact on the real estate market in Dubai. By digitising rent payments and aligning with the Dubai Government’s Paperless Strategy, Keyper is …

Posted on 24/09/2024

Pioneering Medical Research Collaboration between Burjeel Holdings and Axiom Space Unveiled at Times Square

A leading healthcare provider in the Middle East and North Africa, listed on the Abu Dhabi Securities Exchange, announced a collaboration with Axiom Space to advance medical research in microgravity.

Posted on 24/09/2024

UAE Renewable Energy Giant to Buy $1.4-Billion Firm From Brookfield

Masdar, a UAE renewable energy giant, is acquiring Saeta Yield from Brookfield for $1.4 billion, boosting its presence in the European renewable energy market.

Posted on 24/09/2024

UAE’s Masdar buys Brookfield’s Saeta Yield in $1.4 billion deal

United Arab Emirates’ renewable energy company Masdar said on Tuesday it has reached an agreement to buy green energy firm Saeta Yield from Canada’s Brookfield’s in a deal valuing the company at $1.4 …

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