18 Ramadan 1445 - 28 March 2024
    
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Eye of Dubai

 HONOR Announces the Launch of the New PORSCHE DESIGN HONOR Magic6 RSR and the HONOR Magic6 Ultimate in China
Technology & IT | Wednesday 20 March, 2024 11:27 am
Global technology brand HONOR today announced the launch of the second jointly developed smartphone with Porsche Design, the PORSCHE DESIGN HONOR Magic6 RSR. In addition to this flagship device, HONOR also unveiled the HONOR Magic6 Ultimate and the HONOR MagicBook Pro 16 in China, along with its...
DLD signs partnership agreement with Chinese institute ‘DX Broker Training & Services'
Business & Money | Wednesday 20 March, 2024 10:21 am
Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has partnered with the Chinese institute ‘DX Broker Training Service’ to enhance awareness in the Dubai real estate sector. This collaboration seeks to create an outstanding real estate training...
5,492 ATA Carnets issued, received for goods, commodities worth AED5 billion in 2023: Dubai Chamber of Commerce
Business & Money | Wednesday 20 March, 2024 10:18 am
Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that record growth was achieved in the value of goods and commodities imported under ATA Carnets during 2023. A total of 5,492 ATA Carnets were issued and received for goods and...
KAFD to launch electric monorail by 2026
Business & Money | Wednesday 20 March, 2024 10:08 am
Gautam Sashittal, CEO of King Abdullah Financial District (KAFD), said the six-station monorail will be operational by 2026, Al Eqtisadiah newspaper reported. He explained that the KAFD’s mobility strategy is based on the 10-minute city concept, where everything ...
Oman issues Government Treasury Bills worth RO 70 million this week
Business & Money | Tuesday 19 March, 2024 2:57 pm
The Central Bank of Oman (CBO) has announced that the total issuance of Government Treasury Bills amounted to RO 70 million this week. According to the Oman News Agency (ONA), the value of the allotted Treasury Bills amounted to RO 5 million for a maturity period of 28 days. The average...
UAE investments abroad hit $2.5 trillion in beginning of 2024: Secretary-General UAEIIC
Business & Money | Tuesday 19 March, 2024 2:54 pm
The United Arab Emirates has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC). He estimates the total value of Emirati investments abroad,...
Department of Energy - Abu Dhabi report highlights performance of power distribution to industrial sector in emirate
Environment & Energy | Tuesday 19 March, 2024 2:53 pm
The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial zones and companies operating within them.In this...
Islamic banking assets in UAE surpass AED700 bn for first time ever at year-end 2023
Business & Money | Tuesday 19 March, 2024 2:52 pm
The assets of Islamic banks operating in the UAE exceeded AED700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED703.1 billion at the end of...
Alvarez & Marsal says Saudi banks' prospects 'positive' in light of Vision 2030
Business & Money | Tuesday 19 March, 2024 1:40 pm
Asad Ahmed, General Manager and Head of Financial Services in the Middle East at Alvarez & Marsal, said that the banking sector in Saudi Arabia will likely contribute mainly to achieving the goals of Vision 2030, indicating that Saudi banks enjoy positive prospects.   Ahmed also...
The Ultimate Maintenance Manager Services in Saudi Arabia
Business & Money | Tuesday 19 March, 2024 12:58 pm
In the hustle and bustle of daily life, homes and workplaces are not immune to the challenges posed by pests, plumbing, and malfunctioning air conditioners and other appliances. Ahead of an important event or in between a busy day, one may encounter a leaking tap or a broken air...
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