June 2023 — Topical news of the United Arab Emirates

June 3, 2023 no comments 602
According to Property Finder’s proprietary data, the top searched areas for owned apartments in May included Dubai Marina, Downtown Dubai, Business Bay, Palm Jumeirah, and Jumeirah Village Circle Property Finder has revealed key trends that dominated Dubai’s consistently flourishing...

June 1, 2023 no comments 553
New timings have been announce for attractions Expo City Dubai has announced a major update for the summer period from June 15 until September 15. The timings for the Sustainability Pavilion, the Mobility Pavilion, Women’s Pavilion Vision Pavilion, Garden in the Sky and children’s...

June 1, 2023 no comments 725
The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth fund, reported an annual net profit of $9.8bn (Dhs36.1bn) for 2022, driven by...

June 1, 2023 no comments 736
Dubai’s Palm Jebel Ali will be twice the size of Palm Jumeirah Dubai has announced a masterplan for Palm Jebel Ali, which will see 80 new hotels in a development twice the size of Palm Jumeirah. The development was announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice-President...

June 1, 2023 no comments 693
The UAE fuel price committee has slightly reduced the rates The UAE fuel price committee has slightly reduced the rates, which will take effect from June 1. Super 98 petrol will be priced at Dhs2.95 per litre, down from Dhs3.16 in May. Meanwhile, Special 95 petrol will cost...

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