Given the UAE economy’s impressive recovery from the pandemic, and the significant rise in oil prices, the impact of a rate hike on economic growth could be limited in the near term, experts said |
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| More than 65 percent of the award value could flow back into the UAE economy, under ADNOC’s in-country value programme
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| The new website offers the ability to increase the font size, text-to-speech, speech-to-text, listening to the page, changing colours, and dark reader
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| The company is currently in the process of issuing digital assets for investment as it gears up for commercial launch in May 2022, when it expects a jump in valuation
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| The upgrade authorises company to book lending locally and is a testament of bank’s commitment to regional expansion from Dubai
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| The townhouses will have a ground floor guest suite, a terrace, en-suite bathrooms, built-in wardrobes, a maid’s room, a laundry room, and a garage big enough to park two cars
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UK Prime Minister Boris Johnson shared optimism about Saudi Arabia raising oil outputs, after his meeting with the Saudi Crown Prince, but received no guarantees that it would occur |
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| The EDB initiative, named ‘Sanad’ aims to extend quick, easy-to-access, and flexible loans at a starting rate of 5.99 percent per annum on a reducing balance basis
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| Dubai is the first global economy to have set up a specialised regulator for the virtual assets sector
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| SMEs represent 94 percent of the total companies and institutions operating in the country and contribute more than 50 per cent to the country’s GDP
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| The $100,000 in grants and training aims to build the capacities of small business owners and entrepreneurs to lead stronger business ecosystems in Palestine, and grow outside Palestine
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| The UAE will be the 56th signatory to the Singapore Convention, which will help facilitate international trade and investment
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An owner can only evict a tenant if they are selling the unit, are carrying out major maintenance to the property, or if they are planning to move into the property themselves – but there is an alternative option, as well! |
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| The Russian war in Ukraine, coupled with the rising jet fuel prices, has sent new shockwaves to the aviation industry
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Louvre Abu Dhabi Residences by Aldar will be limited to only 400 apartments with sweeping views of the Arabian Gulf and the iconic Louvre Abu Dhabi |
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Digitalisation of cities, shipping, and ports are crucial if critical sustainability objectives are to be reached |
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