October 2023 — Topical news of the United Arab Emirates

October 27, 2023 no comments 669
Construction of the first phase of Haven by Aldar is due to begin in Q2 2024, with handovers expected in Q3 2027 Aldar Properties has announced its first residential development in Dubai, Haven by Aldar, a community rooted in nature and wellness. Aldar is set to introduce a fresh...

October 26, 2023 no comments 553
The weather bureau has issued a yellow alert for much of Abu Dhabi and Dubai, forecasting rain and low visibility on Thursday Several parts of the country, have witnessed rains in varying intensities, reported UAE’s National Centre of Meteorology (NCM) on Thursday, October 26....

October 26, 2023 no comments 521
ACX established its regional base in ADGM in August 2021 with the support of Hub71, Abu Dhabi’s global tech ecosystem ACX (AirCarbon Exchange) has announced that ACX Abu Dhabi, its exchange and clearing house in Abu Dhabi Global Market (ADGM), is now live. Key trades have already...

October 26, 2023 no comments 363
The lender’s earnings surged 46% for the nine-month period Commercial Bank of Dubai (CBD), which is 20% owned by the Investment Corporation of Dubai, reported a 9.2% increase in Q3 2023 net profit to 710 million UAE dirhams ($193.30 million), compared with AED 650 million earned at the...

October 26, 2023 no comments 466
AirCarbon Exchange, which set up the exchange, said first trade was between First Abu Dhabi Bank and Helix Climate The Abu Dhabi Global Market, which teamed up with AirCarbon Exchange (ACX) last year to create a fully regulated carbon-trading exchange and clearing house in the emirate,...

October 26, 2023 no comments 456
FTS is a funds transfer mechanism in the UAE ABU DHABI: The total value of fund transfers between the UAE's banks amounted to AED10.997 trillion in the first eight months of the year, up 35.6 % from the same period last year, according to statistics released by the Central Bank of the...

October 26, 2023 no comments 538
The two sides also discussed the latest developments in the Middle East region and ways to protect all civilians from the repercussions of the current crisis Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, received Mélanie Joly, Minister of Foreign Affairs of Canada,...

October 26, 2023 no comments 439
Ticket bookings under the new agreement will commence in December for travel starting from January UAE national carrier Etihad Airways signed a codeshare agreement with Scandinavian Airlines (SAS), the flag carrier of Denmark, Norway and Sweden, this week. The codeshare is...

October 25, 2023 no comments 517
The elements of real estate attraction in Sharjah are witnessing an integrated diversity SHARJAH: According to the report on the performance of the real estate sector in Sharjah, which was recently issued by Sharjah Real Estate Registration Department, the value of transactions in the...

October 24, 2023 no comments 657
The top three countries driving 2023 room revenue gains YTD are Spain, Thailand and Italy, with Singapore and the UAE coming in a close fourth and fifth UAE-headquartered Global Hotel Alliance (GHA), the world’s largest alliance of independent hotel brands, with 800 hotels across 40...

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