India’s import of cheap Russian oil scaled another record in May and is now more than the combined oil bought from Saudi Arabia, Iraq, UAE and the US, industry data showed. India took 1.96 million …
Saudi Arabia and UAE’s rivalry intensifies in race for foreign investments
Cumulative foreign investments in Saudi Arabia amount to $1 trillion and in the UAE to $171 billion.Seeking to consolidate its position as a leading logistics center in the region and to attract more …
Dubai Businessman Kabir Mulchandani Offers Rs 11 Lakh Party On His Plane
If Dubai hotels are constantly trying to outdo each other by reaching to stratospheric heights with their over-the-top amenities, one hotelier wants to win the battle once and for all: He’s literally …
Crown Prince of Abu Dhabi attends wedding of Khalfan Mohammed Saeed Al Mutawa Al Dhaheri
H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has attended a wedding reception hosted by Mohamed Saeed Al Mutawa Al …
Make it in the Emirates: EDB join hands with ADDED
EDB is playing a vital role in supporting the UAE’s industrial strategy by providing financial assistance and driving sustainable growth …
Couple fined Dhs500,000 for buying a car with a forged cheque in Abu Dhabi
Car owner filed a lawsuit in which he requested the court to obligate three people to pay him Dhs405,000, this being the price of the car they had stolen, plus Dhs100,000 as a compensation with a 12 …
UAE opens two new lanes for electric vehicle testing in Abu Dhabi
The new dedicated lanes in Abu Dhabi will test electric vehicle lanes for licensing UAE opens two new lanes for electric vehicle testing in Abu Dhabi Abu Dhabi, Abu Dhabi Police, ADNOC Distribution …
India boosts imports of Russian oil
Supplies have surged fourteenfold over the past year according to the Reserve Bank of India Exports of Russian oil to India grew fourteen …
Abu Dhabi’s industrial sector gets major boost with 8 new projects
During the Forum, ADIO also signed an agreement with Abu Dhabi Islamic Bank (ADIB) to support the industrial sector. Abu Dhabi’s ambitious Industrial Strategy aims to double the sector’s GDP …
AMF forecasts 4.2% growth for UAE economy in 2023
The UAE’s economic growth is expected to remain robust, averaging 4.6 percent from 2022 to 2024, driven by higher oil prices and improved business confidence, …
Abu Dhabi Police release crash video warning drivers to put down phones
Abu Dhabi Police have shared footage of an accident caused by distracted driving, while urging motorists to put their phones down and keep their eyes on the road. Authorities on Friday released the …
Dubai Property Market Soars: 78% YoY Increase, AED 34bn Worth of Transactions
only 10 of them – Dubai Marina (Marsa Dubai), Dubai Harbour, Burj Khalifa, Palm Jumeirah, Jumeirah Village Circle (JVC), Wadi Al Safa 5, Business Bay, Dubai Water Canal, Dubai Creek Harbour, and Dubai …
UAE begins corporate tax roll-out, with free zones exempted
The UAE began rolling out a 9% business tax on Thursday, with exemptions for the many free zones which power its economy, as the formerly tax-free oil producer seeks to boost non-oil revenue and …
Tourist in the UAE? How to extend your visa while you’re here
Visitors to the UAE whose visas are about to expire can extend their stay by up to 60 days if necessary. Anyone who does not go through the proper procedures and stays beyond the validity of their …
Dubai real estate sector sees 11,700 transactions worth Dhs34bn in May: Property Finder
According to portal’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle …
Why Dubai is not on my ‘bucket list!’
The wealthiest of the wealthy have joined on political missions from the United States with a “stop-over” in Dubai as a dangling carrot to encourage their participation. My hair salon owner and his …
A Dubai Hotel Now Offers $14,000-an-Hour Parties In The Sky
If Dubai hotels are constantly trying to outdo each other by reaching to stratospheric heights with their over-the-top amenities, one hotelier wants to win the battle once and for all: He’s literally …