March 2021 — Topical news of the United Arab Emirates

March 26, 2021 no comments 256
The producer cut May supplies by 5% last month SINGAPORE - Abu Dhabi National Oil Company (ADNOC) has deepened crude oil supply cuts to Asian customers in June to 10-15% from 5-15% in May, one week ahead of an OPEC+ meeting, several sources with knowledge of the matter said on...

March 26, 2021 no comments 290
Some special rates offered are more than 50% lower than normal fares With the coronavirus pandemic putting a massive dent in travel demand, airlines in the UAE are slashing fares to stimulate sales for the summer, an important season for the air transport industry. Carriers around...

March 24, 2021 no comments 568
The late Sheikh Hamdan Bin Rashid Al Maktoum was laid to rest on Wednesday afternoon at the Umm Hurair cemetery in Dubai after funeral prayers were offered at Zabeel Mosque. The funeral was led by Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai along with Sheikh...

March 24, 2021 no comments 247
The new partnership to be an investment platform to provide support to priority sectors Mubadala Investment Co, the Abu Dhabi government's sovereign investment firm, has signed a long-term agreement with the UK Investment Office, to invest £800 million ($1 billion) in life sciences and...

March 24, 2021 no comments 300
115 plots, 721 apartments and villas were sold DUBAI - A total of 1,131 real estate and property transactions valued at AED3 billion were registered during the week ending 24th March, 2021. 115 plots were sold for AED548.96 million, 721 apartments and villas were sold for AED1.25...

March 23, 2021 no comments 484
The five businesses include hotels, restaurants, transport, health and social and individual activities related to laundries, beauty saloons and barbershops ABU DHABI: The Ministry of Human Resources and Emiratisation has announced that employees of companies operating in five business...

March 23, 2021 no comments 291
The launch was supervised by a team of officials and engineers from MBRSC and Dubai Municipality DUBAI: DMSat-1, the emirate’s first nanometric environmental satellite, developed by Dubai Municipality in collaboration with the Mohammed Bin Rashid Space Centre (MBRSC), has reached its...

March 20, 2021 no comments 352
900 more apartments, villas snapped up in one week, says Dubai Land Department Dubai’s weekly property sales rose to their highest level this month, as more investors snapped up flats, villas and plots across the emirate, according to the latest data from the Dubai Land Department...

March 20, 2021 no comments 291
In the meantime, a total of 1.771mln cheques were circulated The total value of fund transfers among the UAE's banks amounted to AED745.27 billion in January 2021, according to the statistics released by the Central Bank of the United Arab Emirates today. Reflecting a rebound in...

March 20, 2021 no comments 290
The Ministry of Health and Prevention (MoHAP) registered 2,160 coronavirus cases on Friday. Additionally, 2,391 individuals have recovered and 4 people passed away. Using state-of-the-art medical testing equipment, the ministry conducted 239,268 additional coronavirus cases in the last...

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