February 2021 — Topical news of the United Arab Emirates

February 26, 2021 no comments 9
4,678 recoveries announced in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 195,866 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. ‏In a statement on Thursday, the Ministry...

February 26, 2021 no comments 10
The cumulative balance of cash circulating outside the UAE banks rose by 21% year-on-year (YoY) in 2020 UAE - Mubasher: The volume of cash circulating outside the UAE banks increased by AED 16.5 billion in 2020, bringing the cumulative balance to AED 94.7 billion by the end of December...

February 25, 2021 no comments 72
Mall developer's earnings fell 19% in 2020 Dubai’s mall developer Majid Al Futtaim (MAF) said it plans to continue its expansion in the region and other markets with a slew of new store and cinema openings. The company, which develops shopping malls across the Middle East,...

February 25, 2021 no comments 44
Demand likely to fuel price rises of up to 7%, says Knight Frank Home sales in the UAE and around the region are likely to get a boost this year, with about a third of multi-millionaires looking to buy a new house in 2021, according to a new report. In a Knight Frank survey among...

February 24, 2021 no comments 53
But they're more optimistic about recent changes than their global peers Despite clear progress and strong support from the government, 95 percent of female business leaders surveyed in the UAE indicate that there is more to be done to build gender diversity in corporate boards and...

February 22, 2021 no comments 120
Engine failure spurs suspension of dozens of aircraft worldwide Emirates Airline has clarified that its Boeing 777 fleet is not using the same type of engine that caught fire shortly after take-off in the United States on Saturday. American plane maker Boeing has recommended that...

February 22, 2021 no comments 148
District cooling company eyes further acquisitions as developers shed non-core assets Dubai-based National Central Cooling Company (Tabreed) could issue more bonds as it looks to fund acquisitions, including the purchase of district cooling units sold by real estate and infrastructure...

February 21, 2021 no comments 95
Rebound in mid-market segment pegged to follow Dubai's prime areas such as Downtown, Dubai Hills and The Palm are leading the recovery in the emirate's property market, rising up to 30 per cent in some vicinities, with the middle segment pegged to follow, say property developers and...

February 21, 2021 no comments 74
"Over the past year, the world has witnessed great changes brought about by repercussions from the Coronavirus pandemic, which were reflected in all aspects of life," Al Olama said DUBAI: Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and...

February 20, 2021 no comments 97
On average, approximately 947,000 riders used public transport every day in 2020 Nearly 346 million riders used public transport means in Dubai last year which comprised of the metro, tram, buses, marine transport (abra, ferry, water taxi and water bus), e-hail rides, smart rental...

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