United Arab Emirates is facing severe floods. Big cities like Dubai and Abu Dhabi have been completely submerged in floods.
UAE: Emergency teams in action after Abu Dhabi authorities assess impact of floods
The Department of Municipalities and Transport (DMT) continues to coordinate with affiliates and strategic partners in response to the adverse weather cond..
Emirates’ Chief on Dubai Flash Flood: ‘Our Response Was Far From Perfect’
Emirates President Tim Clark acknowledged in an open letter to customers that the airline’s response has been far from perfect.
Dubai: Free services offered by major developers as residents grapple with after-effects of floods
These companies are working in collaboration with Dubai Land Department to offer free services to areas affected by the storm
Cryptex Finance launches innovative category index tokens in Dubai
Cryptex Finance – a decentralized protocol making crypto native markets accessible to users worldwide, announced the upcoming launch …
IMF, World Bank steering committee stresses accountability as reforms advance
The steering committee for both International Monetary Fund and the World Bank on Saturday emphasized the need for broader accountability as the institutions implemented reforms to help countries …
Dubai Comedy Festival: South African comedic talents to perform in the city
South Africa’s comedic brilliance is set to dazzle the stage at the ongoing Dubai Comedy Festival. Adding to an already stellar … Catch him on Friday, April 19 at Roxy Cinemas in Dubai Hills Mall.
Dubai rains: DAMAC Properties assesses damage to assure residents of insurance coverage
DAMAC Properties said it would assess the extent of the damage to reassure residents that all their properties are fully insured, and support stakeholders in thorough assessment and processes where …
Dubai residents shelter in Mall of the Emirates after homes lose power in storms
Dozens of people in Dubai have sought shelter at Mall of the Emirates after this week’s devastating storms caused power cuts in residential buildings. The UAE faced its largest single day of rainfall in 75 years,
World Bank Projects GCC Growth Rate to Score 3.6% in 2024 and 3.8% in 2025
As MENA countries mostly adopt a reactive market approach, leading sectors in the GCC are directly affected by the Fed’s monetary policies.The indecisive statistics for the interest rate outcome in …
Remittance from UAE, UK surges in July-March FY24; declines from Saudi, US
Remittance inflows have surged by around $1 billion during the July-March period of FY24 compared to the corresponding period of the previous fiscal year, driven by significant increases from …
UAE Central Bank issues Q4 2023 Credit Sentiment Survey report
Results are based on the responses received from a panel of 70 UAE financial institutions The UAE Central Bank located on the Baynoonah street in Abu Dhabi. Image Credit: Gulf News archives Abu …
Central Bank of the UAE (CBUAE)
Interview: Khaled Mohamed Balama To what extent can the regulatory landscape help banks benefit from disruptive technologies? KHALED MOHAMED BALAMA: The regulatory landscape in the UAE is under …
Two Asian women die of suffocation in Sharjah flooded car
Sharjah Police Chief Al Shamsi explained that the vehicle, which had to stop due to the huge puddles of water on Al Ittihad Street, was heading from Dubai to Sharjah, with four people on board: two …
US seeks alliance with Abu Dhabi on artificial intelligence
Biden administration brokers talks between Microsoft, OpenAI Google and the UAE, as Washington seeks edge over China …
WATCH: Dubai floods: Water is locked in due to lack of drainage system for storm water
Without drainage for excess water, authorities rely on pumping trucks to suck it up with giant hoses and drive it away.
Abu Dhabi sees strong non-oil trade growth amid diversification push
The latest data from Abu Dhabi’s statistics authority shows that non-oil foreign trade grew by more than Dhs281.9bn in 2023.