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Tag: sharjah

Posted on 14/03/2025

UAE jails 80 members of fraud gang, life-terms and $272,000 fines for ‘Bahloul Gang’

The UAE has jailed members of a criminal gang for life and fined others AED1m ($272,000) for organised crime offences, using weapons and extorting money.

Posted on 14/03/2025

Sharjah Children’s Book Awards offers Dhs110,00 prizes

The Sharjah Children’s Reading Festival, organised by the Sharjah Book Authority, continues to accept submissions for the Sharjah Children’s Book Award, …

Posted on 14/03/2025

Abu Dhabi court sentences ‘Bahloul Gang’ to life in prison, Dh1 million fine for money laundering

The Abu Dhabi Federal Court of Appeal State Security Division on March 14 convicted members of the notorious “Bahloul Gang” and handed down sentences ranging from life imprisonment to fines and …

Posted on 14/03/2025

UK enrages Sudanese army by inviting UAE to London peace conference

Sudan’s army-aligned government tells MEE that presence of Rapid Support Forces patron will ‘render the conference little more than a public relations stunt’ …

Posted on 14/03/2025

NMDC Energy wins $2.64bn Lower Zakum offshore oil project contract

MEED reported in February that Adnoc Offshore had selected contractors for the three main EPC packages for the estimated $7.5bn Lower Zakum Long-Term Development Plan-1 project …

Posted on 14/03/2025

UAE weather: Rain forecast with chance of fog

The UAE will see rain towards the end of the weekend and into next week, according to the latest forecast. The National Centre of Meteorology (NCM) shared a forecast for the UAE until Tuesday, March …

Posted on 14/03/2025

Sharjah Children’s Book Awards offers AED110,00 prizes

The Sharjah Children’s Reading Festival, organised by the Sharjah Book Authority, continues to accept submissions for the Sharjah Children’s Book Award, the Sharjah Audio Book Award, and the Sharjah …

Posted on 14/03/2025

Israeli settler leaders hail cooperation with UAE in first trip to Abu Dhabi

A group of Israeli settler leaders visited the United Arab Emirates (UAE) and met senior government officials earlier this week, according to Israeli media. The settler delegation discussed …

Posted on 14/03/2025

Ripple Obtains DFSA Licence for UAE Crypto Payments

Ripple becomes the first provider to offer regulated crypto payments in UAE following Dubai regulator approval …

Posted on 14/03/2025

Yooro and Tokeny to Streamline Private Markets Investments for EU, UK, Swiss, UAE Investors

Yooro, the securitization-as-a-service platform, partners with Tokeny, the onchain finance operating system, to transform private market investments.

Posted on 14/03/2025

Dubai declines over new tariff threats, oil holds Abu Dhabi

Dubai’s index declined on Friday, driven by losses in heavyweight real estate sector stocks as U.S. President Donald Trump’s latest tariff threats made investors nervous, while Abu Dhabi bucked the …

Posted on 14/03/2025

Why UAE’s Ras Al Khaimah is emerging as a global investment hub

Few places blend raw natural beauty with ambition quite like Ras Al Khaimah‭. ‬Along its 64km coastline‭, ‬the Arabian Gulf stretches‭ ‬in sweeping turquoise‭, ‬lapping against untouched shores‭.

Posted on 14/03/2025

Sharjah real estate transactions hit $953m in February

Sharjah real estate transactions amounted to AED3.5bn ($953m) during February 2025, with a total of 7,768 transactions, according to the Real Estate Registration Department. The total area traded in …

Posted on 14/03/2025

Bank of Sharjah achieves record net profit of Dhs385 million in 2024

Bank of Sharjah has announced its financial results for the year ended 31st December 2024, reporting a record profit before tax of Dhs416 million. With …

Posted on 14/03/2025

Sharjah real estate transactions hit Dhs3.5 billion in February

The monthly statistical data issued by the Sharjah Real Estate Registration Department revealed that the volume of real estate transactions across …

Posted on 14/03/2025

Bank of Sharjah posts record Dh416 million profit before tax in 2024

Bank of Sharjah, one of the leading commercial banks in the UAE, has announced its financial results for the year ended December 31, 2024, reporting a record profit before tax of Dh416 million and a …

Posted on 14/03/2025

Bank of Sharjah achieves record financial performance for 2024

With net profit after tax soaring to AED 385 million, the Bank’s exceptional performance was driven by strong revenue growth, effective cost control measures, and prudent risk management …

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