Dubai home prices will likely extend declines this year and next as the market works to clear an oversupply that’s been a drag on values since 2014, according to property broker JLL.
( read original story …)
Sharjah: 60% accidents caused by tailgating
About 60 per cent of minor accidents reported in Sharjah were caused by failure to leave space between vehicles — a practice known as tailgating. The emirate reported 24,400 minor traffic accidents in …
( read original story …)
Lender FAB buoys Abu Dhabi as most major Gulf markets rise
Most major stock markets in the Gulf traded higher early on Monday, with the Abu Dhabi index leading the gains boosted by its top lender First Abu Dhabi Bank.
( read original story …)
Cryptocurrency is digital gold
Gold replacement, hedge instrument and unparalleled medium of exchange; Bitcoin’s meteoric rise through the eyes of Arab ‘whale’ Khurram Shroff.
( read original story …)
UAE shows ‘resilience’ as real estate market sees signs of recovery – JLL
Real estate consultants say UAE has proved its ‘resilience, growth, competitiveness and liveability’ amid ongoing coronavirus crisis …
( read original story …)
UAE: 18 shops shut in Dubai for violating Covid rules
Authorities in Dubai are continuing to ramp up Covid safety inspections, as the UAE continued to record its highest numbers of new Covid cases yet this week. As many as 18 establishments were ordered …
( read original story …)
Sharjah: Staff at private educational institutions must pay for mandatory PCR test every 14 days
An exception will be made for those employees who have received both the doses of the vaccine, or those who have a medical condition that exempts them from taking the jab.
( read original story …)
Escaping Coronavirus Lockdowns, Tourists Flock To Dubai
As much of the world tightens lockdowns to stem coronavirus, Dubai has flung its doors open, branding itself as a sunny, quarantine-free escape — despite a sharp rise in cases. While mask-wearing and …
( read original story …)
UAE: Gang robs Dh313,285, jewellery worth Dh600,000 from Dubai villa
A three-member gang and a jeweller is facing trial in a Dubai court on charges of robbing a villa in Jumeirah. According to the documents of the Dubai Public Prosecution, the incident had occurred on …
( read original story …)
Jefferies triumphs in Dubai 24-Hour endurance race
ZIMBABWEAN racing driver Axcil Jefferies has paid tribute to his UAE-based GPX Racing team after celebrating one of the biggest wins of his motor racing career in the gruelling 2021 Hankook Dubai …
( read original story …)
Abu Dhabi updates rules to enter emirate
Abu Dhabi has announced that all UAE citizens entering need to have received a negative PCR or DPI test result within 48 hours …
( read original story …)
Karren Brady’s daughter Sophia Peschisolido soaks up the sun in Dubai
Businesswoman Karren Brady’s daughter Sophia Peschisolido has been spending the past month soaking up the winter sun in Dubai.
( read original story …)
UFC on ABC 1 rookie report: Grading the lone newcomer in Abu Dhabi
Fighters from around the globe dream of the day they’ll step into the octagon the first time. How did the lone newcomer perform Saturday?
( read original story …)
Mum leaves three kids at home as she jets to Dubai to ‘homeschool in paradise’
Shona Sibary says she is only ‘a little ashamed’ as she ‘dreaded’ the thought of homeschooling in lockdown again.
( read original story …)
Pre-Register Now on Aladdin Exchange to Receive 100 TNC Coins
PRESS RELEASE. UAE-based crypto exchange Aladdin opens its platform for pre-registered users. This digital asset exchange is the newest one in the …
( read original story …)
Goldman Sachs plans to invest in crypto assets – report
If Goldman Sachs confirms its crypto plans, it will be part of an ongoing movement of adoption of digital currencies in U.S. banking …
( read original story …)
Bahrain crypto exchange Rain raises $6m funding
The first cryptocurrency exchange to earn a regulatory licence in the Middle East has won major backing from US crypto major Coinbase …
( read original story …)