Masonry Layout

DUBAI / GULF TIME The UAE’s real estate market continues to rise amid higher demand from buyers and investors alike. In its quarterly economic review 2023, the Central Bank of the UAE (CBUAE) said that despite global uncertainty and tight monetary stances worldwide, the UAE real estate sector continued its good performance from July to October 2023. According to a ...

DUBAI / WAM The Dubai Electricity and Water Authority (Dewa) employees have recycled 499,541 plastic bottles and aluminium cans from October 2022 until the end of December 2023. This is equivalent to diverting 7,108 kilograms of waste from landfills. Dewa provides smart machines to recycle plastic bottles and aluminium cans in some of its buildings. These machines are operated using ...

DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has reviewed the UAE Government’s financial achievements and initiatives for the year 2023. The outcome included 151 Cabinet decisions related to the financial sector, covering the launch of new policies and initiatives, legislations and laws, as well ...

DUBAI / WAM dnata, a leading global air and travel services provider, announced the successful integration of autonomous drones into its cargo operations in Dubai, UAE. dnata’s strategic initiative has significantly enhanced operational efficiencies, delivering remarkable benefits for airline customers at both Dubai International (DXB) and Dubai World Central (DWC) airports. Key results include 20 percent reduction in processing times ...

ABU DHABI / AD MEDIA OFFICE A new study developed by the Business & Economics Intelligence Sector at the Abu Dhabi Chamber of Commerce and Industry revealed that the number of AI companies registered in Abu Dhabi grew at a compound annual rate of 67% between 2021 and 2023. The substantial increase in the registration of companies further bolsters Abu ...

DUBAI / WAM After three decades as a strategic platform enhancing the global appeal of the UAE’s home-grown marine sector, a host of the country’s most innovative brands are proudly showcasing their latest luxury lifestyle products at the 30th anniversary edition of Dubai International Boat Show — the region’s largest and most established marine lifestyle event — which was until ...

ABU DHABI / WAM The Central Bank of the UAE (CBUAE) affirmed that the Financial Action Task Force (FATF) announcement regarding the UAE’s completion of the requirements of the agreed Action Plan with the FATF and its exit from the enhanced monitoring process reflects the synergy of national efforts to combat money laundering and terrorism financing. It also reflects close ...

ABU DHABI / WAM The third edition of Investopia (Investopia 2024) ended on a high note after laying out a new investment roadmap, particularly for those in the new economic sectors, for the business communities, decision-makers, investors and global financial institutions. The latest edition of the event discussed key themes surrounding sustainable economic development and contributed to strengthening dialogue between ...

ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, sent a congratulatory cable to President Rumen Radev of the Republic of Bulgaria, on the occasion of his country’s National Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

DUBAI / WAM HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Integrated Economic Zones Authority (DIEZ), announced today that DIEZ’s operating profit surged by 64.6 percent from the previous year, underscoring its pivotal impact on the Dubai economy. With the market value of its net assets exceeding AED20.8 billion, DIEZ succeeded in reinforcing growth in earnings before ...