DUBAI / WAM Coinciding with the launch of Expo 2020 Dubai, the largest global event and the first-of-its-kind in the Middle East, the Dubai real estate market continued to record new achievements and further growth in the field of real estate sales transactions. According to the data of the 20th edition of Mo’asher, Dubai’s official sales price index launched by ...

ABU DHABI / WAM All personnel working in private sector establishments, institutions and companies in the country will get a paid holiday on the occasion of Commemoration Day and UAE’s 50th National Day from Wednesday, December 1, until Friday, December 3. This was announced by the Ministry of Human Resources and Emiratisation in implementation to the cabinet resolution regarding the ...

Abu Dhabi / WAM The Non-performing Debt Relief Fund announced on Wednesday that 20 banks and financial institutions had waived the debts of 4,511 Emirati citizens, with a total value of more than AED1,157,388,000. The banks that participated included First Abu Dhabi Bank, Abu Dhabi Commercial Bank, Emirates NBD, Abu Dhabi Islamic Bank, Standard Chartered, Mashreq Bank, Etisalat, National Bank ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...

DUBAI / WAM Dubai Airports has issued a passenger advisory alerting travellers about Dubai International (DXB) getting exceptionally busy over the coming period. According to the operator, as many as 1.8 million passengers are expected to pass through DXB between November 25 – December 5, with average daily traffic reaching 164,000 passengers. The fourth of December is expected to be ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, announced a new partnership with Stripe, a global technology company that builds economic infrastructure for the internet, assisting tech startups to more easily and efficiently accept payments online, payout funds, and manage their business growth. The partnership was announced during fintech Abu Dhabi Festival 2021, where Hub71 is a key ...

Dubai / WAM Dubai Chamber and Hamburg Chamber of Commerce have signed a Memorandum of Understanding (MoU) to renew their strategic partnership, initiated in 2007, and foster closer ties between the UAE and German business communities. The agreement, signed on the sidelines of the 12th World Chambers Congress (WCC) in Dubai, focused on the common goals of innovation, with a ...

Dubai / Emirates Business Orthocure — the brainchild of Dr Saeed and Dr Ali — pioneers in the field of Orthocare and orthopedic surgery who originally conducted numerous orthopaedic surgeries at Mirdif, found that with their expertise in robotic surgery and a growing clientele with demand for sports rehab programs and holistic non-invasive treatment, an upgrade was needed. In alliance ...

Abu Dhabi / WAM The Integrated Transport Centre (ITC) of the Department of Municipalities and Transport (DMT) in Abu Dhabi has revealed, at the Abu Dhabi Smart City Summit, the self-driving vehicle and launch date of the first pilot phase of “TXAI”, which is a new service that utilises self-driving taxis to transport passengers on Yas Island in Abu Dhabi. ...

Bloomberg Europe is growing increasingly reliant on coal to keep the lights on as the weather turns cold, sending the cost of polluting to a record. Carbon prices exceeded 70 euros for the first time ever as utilities turn to the dirtiest of fossil fuels. Power plants in the UK are burning the most coal since the beginning of the ...