The UAE government had shown interest in acquiring the Karachi port terminals that were under the administrative control of the Pakistan International Containers Terminals (PICT) last year.
Dubai records AED2.5bn property deals on Monday
Dubai Land Department reports Monday’s transactions included 691 sales transactions worth AED1.56 billion, 123 mortgage deals of AED529.53 million, and 25 gift deals amounting to AED434.36 million …
Xiaomi loosens grip on India smartphone market, aims for revival with a streamlined portfolio
Things started to go awry for the Chinese smartphone maker last year after the Enforcement Directorate (ED) said that Xiaomi illegally transferred ₹5,551.27 crore out of India. In response, the agency …
Dubai launches AI and Web 3.0 Campus to attract over $300 million in investments
The primary focus of the campus will revolve around the utilisation of AI and Web 3.0 technologies within the financial services industry in Dubai. Dubai launches AI and Web 3.0 Campus to attract over …
FirstFT: Abu Dhabi’s sovereign wealth fund held detailed talks to buy Lazard
Also in today’s newsletter, billionaire aboard missing submersible vessel and conflict of interest questions at Crypto.com …
Abu Dhabi’s ADQ held talks to acquire Lazard
Since the talks ended, Lazard has embarked on a succession process with Jacobs, who has led the firm since 2009, set to become its executive chair. Peter Orszag, an economist and former official in …
Etihad Airways launches direct flights from Abu Dhabi to Lisbon
On arrival in Lisbon, Etihad Airways captains waved UAE and Portuguese flags from the cockpit to celebrate the new air link.
Abu Dhabi: $1.63mln cash award announced to recognise top schools, individuals
ADEK will recognise people with outstanding merit who contribute to building an education ecosystem which nurtures the next generation of lifelong learners …
Robbie Williams is coming to Abu Dhabi
Robbie Williams is set to perform in Abu Dhabi later this year. The Angels hitmaker will be hitting the stage at Etihad Arena on Wednesday October 18, and you’ll be able to buy tickets from this …
UAE: Conmix picks Renault Trucks to boost ready mix fleet
As per the deal, Renault Trucks’ dealer United Diesel will supply 10 Renault Trucks K440 P8x4 Heavy E5 with Liebherr 12 CBM mixers to the company for transporting ready mix concrete across the UAE …
Over 3000 Jobs to be Created by the Dubai AI & Web 3.0 Campus
The greatest cluster of artificial intelligence and technology firms in the MENA region, the “Dubai AI & Web 3.0 Campus,” will be developed by the Dubai International Financial Centre (DIFC), the …
Phase 5 of UAE’s Mohammed bin Rashid Al Maktoum solar park launched
The fifth phase is part of the 5GW solar project, one of the world’s largest solar projects on a single site. Officials of DEWA, ACWA Power and Mohammed bin Rashid Al Maktoum at the inauguration.
UAE: Heavy Rains In Some Parts Cloud-Seeding Operations To Continue Throughout Summer
Rainfall will continue in the UAE during the month of June, consistent with the usual trend, according to a top official from the National Centre of Meteorology (NCM). On Monday, various parts of the UAE recorded light to heavy rainfall.
UAE Condemns Israeli Attacks On Jenin And Its Camp
The UAE strongly condemned Israeli attacks on the Palestinian city of Jenin and its camp through air strikes and shootings, which resulted in deaths and injuries. In a statement, the Ministry of Foreign Affairs (MoFA) called on Israeli authorities to reduce escalation,
UAE: 6-day Eid Al Adha weekend, 2-month summer break mean longer vacations for families
With the majority of the UAE schools approaching summer break, this week marks the final working week for most, with institutions marking Father’s Day and organising Eid celebrations at school. Some families travel early making the most of the Eid break,
UAE President sends official COP28 Invite to President of Iraq
AE President Sheikh Mohamed bin Zayed Al Nahyan has sent a written letter to Abdul Latif Rashid, President of Iraq, with an official invitation to attend the COP28 climate conference, to be hosted by the UAE at Expo City Dubai this November.
DJ serving 25 yrs in Sharjah jail, Mumbai police to file chargesheet on his ‘framing’
As DJ Clayton Rodrigues continues to remain in Sharjah prison after a court there sentenced him to 25 years in jail in a narcotics case last month, Mumbai police will soon file a charge-sheet …