LATEST NEWS

Dhs14m bonus announced for owners of 2,833 taxi number plates in Dubai

April 14, 2021

In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has ordered the payment of bonuses totalling over Dhs14 million to citizens whose...

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UAE announces 2,022 new COVID-19 cases in 24 hours

April 14, 2021

The Ministry of Health and Prevention (MoHAP) reported 2, 022 new coronavirus cases on Tuesday. In addition to the positive cases, 1,731 people recovered and four people passed away. Using state-of-the-art...

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Abu Dhabi conglomerate IHC acquires 45% stake in Alpha Dhabi Holding

April 14, 2021

Alpha Dhabi recently bought a stake in Aldar Properties Abu Dhabi-based conglomerate International Holding Co. (IHC) has acquired a 45 percent stake in Alpha Dhabi Holding, a real estate and construction...

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Buying frenzy: UAE's Aldar villas sold out in 48 hours; Emaar...

April 14, 2021

Expats become homeowners, thanks to low interest rates, higher LTV More buyers have poured into the UAE property market this year, with some of the UAE’s leading real estate developers generating billions...

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DP World to manage supply chain needs of Fakeeh University Hospital...

April 13, 2021

Ports company said it had entered a strategic partnership with Fakeeh University Hospital Dubai’s DP World will expand its presence in the healthcare sector by managing the logistics and supply chain needs...

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Abu Dhabi Global Market sets up ADGM Authority; names new CEO

April 13, 2021

ADGM names Mark Nicholas Cutis as CEO of ADGM Authority Abu Dhabi Global Market (ADGM), the international financial centre in the emirate, has approved setting up the ‘ADGM Authority’ and named Mark...

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African gang jailed and fined Dhs4 million for robbing Dubai employees

April 13, 2021

The Dubai Criminal Court has sentenced an African gang of 8 men to 5 years jail-term and a Dhs4 million fine, for robbing two company employees at knifepoint while they were heading out of a bank. The case...

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Dubai to be first non-US city to have driverless vehicles

April 13, 2021

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, witnessed the signing of an agreement between the Road and Transport Authority (RTA) and Cruise, a...

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Tourist gets pleasant surprise just before departure

April 12, 2021

Much to his surprise, the Tourist Police Department of the General Department of Criminal Investigations at Dubai Police handed a tourist his wallet, which contained 7 credit cards, before boarding the plane at the...

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UAE's Mubadala may join $12bln Saudi Aramco oil pipelines deal

April 12, 2021

Bloomberg noted that a final agreement is yet to be reached between the two parties Abu Dhabi sovereign investor Mubadala Investment Co is in talks with a lead member of a US-based consortium investing...

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