When Switzerland joined sanctions against Moscow, a chunk of the world’s oil trade relocated to the Middle East. Some predict it will stay there …
Dubai issues new law for urban planning
The new law seeks to enhance the efficiency of preparing and implementing plans, strategies, and policies related to urban planning. Dubai issues new law for urban planning. dubai municipality, Dubai …
Abu Dhabi Crown Prince, Aldar launches $2.2bn residential project on Yas Island
The project is set to be completed by 2026. Abu Dhabi Crown Prince, Aldar launches $2.2bn residential project on Yas Island. Abu Dhabi Crown Prince, Abu Dhabi Housing Authority, aldar properties, …
UAE issues 125 fines for breaking egg and chicken price rules
Earlier this year, the UAE Ministry of Economy approved price increases for eggs and poultry and inspections were carried out to monitor prices and enable good business practices for market stability.
Indian, UAE Agree To Trade In Rupees, Dirham For Boosting Business Relations
India took a significant stride towards promoting the use of the rupee in the Gulf region through the signing of two memoranda of understanding (MoUs) between the Reserve Bank of India and the Central …
Dubai logs over $653mln in realty transactions Tuesday
DUBAI: Dubai’s real estate market recorded 565 sales transactions worth AED2.11 billion on Tuesday, in addition to 109 mortgage deals totalling AED101.95 million, and 13 gift deals amounting to AED86.
UAE’s ADNOC agrees $7bn to $9bn long-term LNG agreement with Indian Oil Corp
Abu Dhabi’s ADNOC on Tuesday announced a 14-year $7 billion to $9 billion deal with Indian Oil Corp to supply 1.2 million metric tonnes of liquefied natural ga …
Abu Dhabi’s ADNOC raises Covestro takeover bid to $12.3bln
State oil giant Abu Dhabi National Oil Co has increased its buyout offer for Covestro AG to around 11 billion euros ($12.3 billion), a person familiar with the proposal told Reuters on Tuesday.
Turkish President Erdogan arrives in UAE
Turkish President Recep Tayyip Erdogan has arrived in the UAE on an official visit, accompanied by Turkey’s First Lady Emine Erdogan. President Erdogan and his delegation were greeted at the …
UAE provides 356 fully-equipped rest stations for delivery drivers across the country
The Ministry of Human Resources and Emiratisation (Mohre), on Tuesday, announced the allocation of 356 fully-equipped rest stations for delivery drivers across the UAE. These rest stations offer …
UAE: Gold prices continue to rise in Dubai; is it the right time to sell?
Gold prices ticked higher in the UAE at the opening of the markets on Wednesday, trading at nearly over a month …
Auction of old Washington chancery building called into question
A foreign ministry official told the committee that the old chancery building was sold to Abdul Hafeez Khan, a Pakistani-American who offered the highest bid of $7.1 million. Official says $7m loan …
Deepfake video call pretending to be Dubai friend used to swindle man out of thousands
The use of the technology is becoming rife around the world. The UAE’s National Programme for Artificial Intelligence and the Council for Digital Well-being published a guide to raise awareness on …
Foggy morning in Abu Dhabi, hazy skies in Dubai, NCM issues alert
Dubai: UAE residents woke up to foggy conditions, especially in parts of Abu Dhabi, on Wednesday. The National Center of Meteorology (NCM), issued a fog alert in parts of Abu Dhabi, warning residents …
UAE passport now 12th most powerful in the world; citizens get visa-free entry to 179 countries
The UAE passport remains the strongest in the region, with its international ranking improving by three positions. It is now the 12th most powerful passport globally. According to the latest Henley …
Uae: 8 Out Of 10 Companies Ready To Harness Ai For Future Growth And Success
Eight out of 10 or 83 per cent of businesses in the UAE have signified their readiness to integrate generative AI (Artificial Intelligence) into the …
Clean Energy On Agenda Of Japan Pm Talks In Uae Ahead Of Cop28
DUBAI – Japanese Prime Minister Fumio Kishida on Monday discussed clean energy cooperation with top officials during a visit to the UAE, host of thi …