March 2023 — Topical news of the United Arab Emirates

March 10, 2023 no comments 225
The UAE helped international police forces seize more than 380 tonnes of narcotics and arrest 549 suspects between 2018 and 2021, a senior Dubai Police official has revealed. The information emerged during a presentation on the global fight against the illegal drug trade at the World...

March 10, 2023 no comments 193
Sheikh Hamdan has approved Dubai Municipality plans to beautify the city Dubai Municipality will undertake 200 initiatives to transform the lives of people in the city over the next two years. 60% of the projects will be undertaken in partnership with the private sector and...

March 10, 2023 no comments 324
The company plans to list its shares for trading on the Dubai Financial Market next month UAE’s Al Ansari Financial Services has announced its intent to float 750 million ordinary shares, in the form of an initial public offering (IPO) on the Dubai Financial Market (DFM). The...

March 9, 2023 no comments 308
VkusVill currently has more than 1,350 stores in 70 cities across CIS and China, besides over 120 dark stores, a mobile app, and an online store The Dubai-based quick commerce marketplace YallaMarket and its business vertical YallaHub entered into a partnership deal to launch the...

March 9, 2023 no comments 186
UAE property buyers are increasingly looking for the sustainable credentials of buildings before investing UAE property investors are increasingly looking for sustainable developments, says ZāZEN Properties. The Dubai-based developer says 80% of investors in UAE real estate are...

March 9, 2023 no comments 175
The road-toll operator said the number of revenue-generating trips jumped 13 per cent to 413 million trips compared to 367 million in 2021 Dubai’s Salik said its full-year revenue jumped by 11.8 per cent to $517m (Dhs1.9bn), supported by an increase in revenue from toll usage fees...

March 8, 2023 no comments 230
The company paid its shareholders a total of Dhs3.7bn consisting of an interim dividend of Dhs2.2bn in July and a further D1.5bn at the end of 2022 UAE’s Emirates Global Aluminium (EGA) said its annual net profit rose by 34 per cent to $2.8bn (Dhs7.4bn) in 2022, from $1.5bn in the...

March 8, 2023 no comments 194
Sheikh Mohammed says UAE space mission a source of pride for all Arabs AUAE astronaut phoned home to talk to the Dubai ruler and people in his beloved homeland. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, held a live...

March 7, 2023 no comments 246
Dubai has opened the UAE’s largest heritage museum and wants to attract more than a million visitors by 2025. The Shindagha Museum will tell the history of Dubai and gives an insight into the history of the emirate and its development over the decades. The new museum is spread...

March 7, 2023 no comments 223
UAE and Saudi Arabia dominate MENA IPO plans in 2023 The UAE and Saudi Arabia will lead IPO markets in the MENA region, according to EFG Hermes analysts. Karim Awad, Group CEO of EFG Hermes Holding, said: “’The IPO markets in MENA have seen strong momentum last year led by GCC...

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