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Tag: news

Posted on 24/10/2024

UAE: CBI records $69.1mln pre-tax net profit in Jan-Sep 2024

Commercial Bank International (CBI) announced exceptionally strong financial results for the period ended 30th September 2024, recording a net profit before tax of AED254 million in the first nine …

Posted on 24/10/2024

Ohana development to launch new luxury branded residence project in the UAE

This exclusive development, located in Abu Dhabi, is set to redefine luxury beachfront living in the UAE. Scheduled for an official reveal in Q1 2025, this project marks another branded residence …

Posted on 24/10/2024

Analysis: Why Abu Dhabi is betting on fusion

As fusion energy’s breakthrough nears, the UAE is investing in a sector that poses a long-term threat to its fossil fuel industry.

Posted on 24/10/2024

Sharjah warns residents against buying low-priced items from illegal markets

Sharjah Municipality on Thursday warned residents against buying goods from these “unregulated markets”. Illegal vendors usually sell items at extra-low prices — but there is no …

Posted on 24/10/2024

Power Slap: Know more about tonight’s big show in Abu Dhabi

Showdown Week is going to ‘slap’… Abu Dhabi Showdown Week 2024 is gaining momentum in the lead-up to UFC 308, and the UAE capital will host the first international Power Slap event at the Space 42 …

Posted on 24/10/2024

Sudan denies attack on UAE Ambassador’s residence, calls allegations “fabricated”

Hassan Ali Osman Mahmoud, Charge d’ affaires at the embassy, has vehemently denied allegations regarding the attack on the UAE Ambassador’s residence in Khartoum, labelling them as fabricated. The UAE …

Posted on 24/10/2024

Most Gulf markets dip on regional tensions; Dubai gains

Most major stock markets in the Gulf eased in the early trade on Thursday as geopolitical tensions in the region kept investors on their toes, although the Dubai index bucked the trend to trade higher …

Posted on 24/10/2024

Abu Dhabi lists barbecue rules, designated areas as winter approaches

The city’s municipality has designated about 253 places for barbecue within 28 parks and gardens inside and outside Abu Dhabi Island …

Posted on 24/10/2024

Dust tornado and lightning captured on camera in UAE

A dust tornado has been captured on camera near a road in the United Arab Emirates. Drivers near the town of Sharjah stopped their cars to watch the spiralling spectacle.

Posted on 24/10/2024

Some UAE mosques to get charging stations for electric vehicles

Some UAE mosques will soon have charging stations for electric vehicles, the Ministry of Energy and Infrastructure announced on …

Posted on 24/10/2024

Dubai’s aviation sector to contribute $53bln to GDP by 2030

Additionally, aviation-facilitated tourism is expected to contribute AED 63 billion in 2030 (10% of Dubai’s GDP). Jobs generated in the sector is set to grow to 816,000, making up one-quarter of all …

Posted on 24/10/2024

Dubai: Billionaire nearly lost huge amount of money after staff gets call from ‘AI clone’

While 75 per cent of UAE employees believed they could identify a deepfake, only 37 per cent were able to identify real and AI-generated images during an experiment …

Posted on 24/10/2024

Three new restaurants opening in Abu Dhabi this month

The dining scene in Abu Dhabi is going from strength to strength, with a slew of new restaurants planned for the rest of the year. While the two venues at Surf Abu Dhabi are already open for business, …

Posted on 24/10/2024

Dubai Launches Month-Long Celeb for UAE Flag Day, Nat’l Day

Dubai is gearing up for a month-long celebration in honor of UAE Flag Day and the 53rd National Day, starting on November 3 and running through December 3. The event is a collaboration between 16 …

Posted on 24/10/2024

Abu Dhabi Takes Top Spot for Internet Speed Worldwide

Abu Dhabi’s list of accolades just keeps getting longer! Known for being the safest and richest city globally, and one of the top places to work, the capital has recently added another feather to its …

Posted on 24/10/2024

David Heard, a pioneer of Abu Dhabi’s oil industry, passes away at 85

Heard’s career saw him rise to become a representative of Abu Dhabi Petroleum Company (ADPC) to the UAE government and later an advisor to the Supreme Petroleum Council (SPC).

Posted on 24/10/2024

UAE: 88% of firms plan to invest in better employee health next year, says survey

A whopping 88 per cent of UAE companies are planning to increase their investment in employee well-being programmes over the next year, according to a survey by a healthcare management company. This …

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