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Tag: news

Posted on 20/03/2024

Kenya to leverage UAE’s trade for development platform to increase technical expertise in global trade

HE Al Zeyoudi: “The Trade for Development platform underlines the UAE’s commitment to enhancing inclusive, sustainable trade and leveraging its power to drive economic growth and prosperity throughout …

Posted on 20/03/2024

UAE’s Alliance Insurance to pay 30% cash dividends

UAE-based Alliance Insurance is set to distribute 30% cash dividends, according to a disclosure on Tuesday. The payout is equivalent to AED30 ($8.16) per share and AED 30 million in total, the company …

Posted on 20/03/2024

Abu Dhabi real estate disputes centre resolves $542m of cases in 2023

The Real Estate Dispute Settlement Centre, part of the Abu Dhabi Real Estate Centre (ADREC) under the Department of Municipalities and Transport (DMT), has achieved a remarkable milestone in resolving …

Posted on 20/03/2024

Abu Dhabi’s property deals surge to $23.7bln in 2023

Abu Dhabi’s property market had a “record-breaking” year in 2023, with real estate deals surging to AED 87.1 billion ($23.7 billion), the Abu Dhabi Real Estate Centre (ADREC) reported.

Posted on 20/03/2024

Abu Dhabi report highlights performance of power distribution to industrial sector in the Emirate

Abu Dhabi: The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific …

Posted on 20/03/2024

UAE revises visa-on-arrival policy for 87 countries; check what’s new for Indians

Reports further add that eligible travelers will be able to acquire a valid entry visa for 30 days upon arrival, with an additional grace period of 10 days. Moreover, citizens from select countries …

Posted on 20/03/2024

Borse Dubai plans to sell part of stake in the Nasdaq in a deal potentially worth some $1.6 billion

A Dubai sovereign wealth fund that’s the single-largest shareholder in the Nasdaq stock index plans to sell a third of its shares in the exchange, a deal potentially worth some $1.6 billion that saw …

Posted on 20/03/2024

Borse Dubai to sell $1.6 billion stake in Nasdaq, losing its spot as top shareholder

Nasdaq said on Tuesday that Borse Dubai will sell shares worth $1.6 billion in the U.S. stock exchange operator, reducing its stake to 10.8% from 15.5% and making it the company’s second-largest …

Posted on 20/03/2024

Dubai’s InsuranceMarket.ae goes viral as highway ads takeover city, CEO confirms ‘significant investment’

InsuranceMarket.ae, which has been operating in the UAE insurance sector since 1995, provide insurance services to individuals and companies Dubai’s InsuranceMarket.ae has been in the limelight, …

Posted on 20/03/2024

Fakeeh University Hospital elevates emergency services in Dubai with advanced medical centre

This development solidifies the hospital’s esteemed position as a premier provider of critical and emergency care services, underscoring its dedication to promoting community well-being and health …

Posted on 20/03/2024

Dubai’s desert resort extravaganza: Top accommodations for a comfortable stay

Each suite, complete with a private pool and panoramic desert vistas, offers both seclusion and luxury. Guests can partake in falconry, camel treks, or unwind in the Timeless Spa. The resort’s …

Posted on 20/03/2024

Dubai ranked fifth globally and first in Arab World in UN E-Government Survey 2022

Dubai has achieved outstanding results in the Local Online Service Index (LOSI) 2022 issued by the United Nations as part of its bi-annual E-G …

Posted on 20/03/2024

UAE Crypto Investors Realised Estimated Gains Of $200 Million In 2023

(MENAFN- Khaleej Times) Investors in the UAE realised capital gains totalling $204 million from their crypto investments last year, data shows. 2023 proved to be a year of strong recovery for global …

Posted on 20/03/2024

Monroe to Open Abu Dhabi Office, Hires For Middle East Push

Private credit lender Monroe Capital is finalizing plans to establish an office in Abu Dhabi in an effort to expand into the Middle East, according to a person familiar with the matter. The company …

Posted on 20/03/2024

Nasdaq stock falls as Borse Dubai set to sell shares in secondary offering

Shares of Nasdaq fell more than 2% in extended trading on Tuesday following the announcement of a secondary share offering that will allow Borse Dubai to slash its minority stake in the U.S. stock …

Posted on 20/03/2024

Join Dubai’s Greatest Night Run, The Super Sports Night Run!

Looking to get some extra exercise in this Ramadan? Join the Super Sports Night Run Series this Ramadan, run on the historic Meydan Royal Bridge and take in the sights and sounds of Dubai at …

Posted on 20/03/2024

Abu Dhabi real estate boom: transactions hit $23.7bn last year as sales activity grows 160%

Abu Dhabi real estate transactions reached a record AED87.1bn ($23.7bn) last year, according to the Abu Dhabi Real Estate Centre (ADREC). The dedicated affiliate of the Department of Municipalities …

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