Monthly Archives: November 2021

Remembrance day: Mohammed bin Rashid and Mohamed bin Zayed pay rich tributes to the martyrs of the United Arab Emirates

Screenshot of the video tweeted by His Highness Sheikh Mohammed bin Rashid Al Maktoum on the day of the commemoration Image Credit: Twitter screenshot / video Dubai: The United Arab Emirates will never forget the country’s martyrs who sacrificed their lives for the good of the nation, said His Highness …

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Interior Simone Micheli to create emotions at Aquatio Cave Luxury Hotel & SPA

The Aquatio Cave Luxury Hotel & SPA is an exclusive accommodation facility with a Spa built into the crest of the Sasso Caveoso district of Matera, in the Conche contrada dating from the 13th century. In addition to the project management, the architectural project and distributive recovery of the village, …

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United Arab Emirates: Gargash addresses Government Forum in Saudi Arabia – News

Stresses the importance of regional and international forums that emphasize the willingness of countries to work together to eliminate trafficking in human beings Wam By Wam Posted: Tue, Nov 30, 2021, 11:05 PM Dr Anwar bin Mohammed Gargash, Diplomatic Advisor to the President of the United Arab Emirates and Chairman …

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Hilton Riyadh Hotel & Residences celebrates title at World Luxury Hotel Awards

RIYAD, Saudi Arabia – The Hilton Riyadh Hotel & Residences has added another coveted honor to its growing trophy cabinet, as it was recently announced as the ‘Global Winner’ in the Luxury Serviced Apartments category at the 2021 World Luxury Hotel Awards . The prestigious recognition was recently presented to …

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Mohammed bin Rashid meets with members of the Dubai Media Council

Mohammed bin Rashid with members of the Dubai Media Council. Image Credit: WAM Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, met members of the Dubai Media Council on Sunday on the sidelines of a …

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Multiply to be listed on Abu Dhabi’s main market on December 5 – News

The group intends to continue to grow, organically and through scalable acquisitions, focusing on digital innovation in various sectors. Multiply Group will become the eighth IHC subsidiary to be listed on the ADX in less than a year. – Reuters archive photo Posted: Mon Nov 29, 2021, 6:36 PM Last …

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Ajman Sea Festival ends with large audience

The Ajman Tourism Development Department concluded the Ajman Sea Festival 2021 at Ajman Corniche and Al Zorah – Marina 1, attended by a large audience of water sports enthusiasts. The event was hosted by the Abu Dhabi International Marine Sports Club in association with the UAE Water Sports Federation on …

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SAY Studio announces complete renovation of public spaces at Fairmont SZR

Located in the heart of Dubai’s bustling financial district, Fairmont Dubai is currently the subject of phase I of SAY Studio’s rollout plan aimed at renovating all of the hotel brand’s private spaces. According to CBRE UAE Q3 2021 market review; As travel restrictions continue to be relaxed around the …

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UAE overtakes recovery in global travel market: CBRE

The UAE has passed the timid recovery in the global travel market, leading commercial and investment real estate services company CBRE said in its latest UAE hospitality market review. Globally, partly due to seasonality and more recently due to the reinstatement of lockdowns in recent weeks, there was a resumption …

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Dubai hotel occupancy rate reaches 80.7% thanks to high number of visitor arrivals during Expo

The UAE hospitality sector hit new highs in October due to high visitor arrivals at Expo 2020 Dubai, with occupancy rates reaching 78.8%, the highest of the month since October 2015, real estate consultancy CBRE reported on Sunday. In October 2021, hotels in Dubai recorded an occupancy rate of 80.7%, …

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UAE overtakes timid recovery in global travel market, says CBRE

Dubai – Globally, partly due to seasonality and more recently due to the reintroduction of lockdowns in recent weeks, we have seen the resumption in the number of flights slow down in November 2021. In October, the number of daily flights for the month reached an average of nearly 95,000, …

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Dubai hotel occupancy rate climbs to 80.7% due to high number of visitor arrivals during Expo

The UAE’s hotel sector hit new highs in October on strong visitor arrivals at Expo 2020 Dubai, with occupancy rates reaching 78.8%, the highest for the month since October 2015, real estate consultancy CBRE reported Sunday. In October 2021, hotels in Dubai recorded an occupancy rate of 80.7%, the highest …

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Covid-19 fears reappear as a threat to the market – News

With little information on the new variant, the longer-term implications for U.S. assets were unclear. At least investors have said signs that the new strain is spreading and questions over its vaccine resistance could weigh in on the so-called reopening of trade that has boosted markets at various times this …

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Dubai real estate agents form new company to enter Pakistani market

Hassan Afzal Khan (center) attends the agreement signing ceremony in Dubai. Gulf Today, journalist Dubai-based Samana Developers on Thursday in Dubai entered into a key partnership with H&S Real Estate to enter Pakistan’s booming real estate market. The partnership launched “Emirates Developers”, a new property development company incorporated in Pakistan. …

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UAE Golden Jubilee: UAE’s oldest luxury hotel in Al Ain continues to amaze guests

Built for a royal wedding, the Radisson Blu Hotel and Resort in Al Ain opened in March 1971. Image Credit: Provided Abu Dhabi: Its distinctive concrete facade has not changed in years, even though much of its grounds, and even the city, have transformed in unrecognizable ways. Built for a …

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Mamafri brings the best of Southeast Asian flavors

Mamafri, a Dubai-born concept that embraces a minimalist yet upscale Southeast Asian dining concept, sees the opening of its second location at the Dubai International Financial Center (DIFC). Located just six minutes from the Dubai Mall, the restaurant takes you on a culinary journey through the streets of Southeast Asia. …

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United Arab Emirates Major General Al Raisi elected Interpol President

United Arab Emirates Major General Ahmed Nasser Al Raisi, the new president of Interpol. Image Credit: Provided Dubai: Major General Ahmed Nasser Al Raisi was today elected President of Interpol. The global police agency held its annual meeting in Istanbul, Turkey, to discuss crime trends and to conduct its much-anticipated …

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Linnhoff Asphalt Plant Overcomes Logistical Challenges of Ghana Road Project

A Linnhoff TSD1500 mobile asphalt plant has made remarkable progress on a large-scale African road project, the drop in the Tema highway interchange. The interchange roundabout had confused motorists with its severe traffic jams that often exceeded 1 km during rush hour, and had become an urgent issue for the …

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UAE National Day: Enter ‘Fan Stand’ to Win Expo 2020 Dubai Hotel Stays, Vouchers & Vouchers – News

Be prepared to be “blown away” with over 50 offers and prices. By staff reporter Posted: Wed, 24 Nov 2021, 10:23 AM Dnata Travel of Dubai announced on Wednesday the launch of a unique experience to celebrate the best of UAE travel ahead of the UAE Golden Jubilee, along with …

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Autonomous vehicles will soon become a reality in the UAE

Autonomous vehicles will soon become a reality in the United Arab Emirates, with the country becoming the first in the Middle East and the second in the world to test self-driving cars on the streets. This historic announcement will bring a revolutionary change in the future of the automotive and …

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Mohammed bin Rashid to open FNC session on Wednesday

File photo of a Federal National Council session in Abu Dhabi Image Credit: Provided Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, will inaugurate the third ordinary session of the 17th legislative chapter of the …

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Foreign debt of $ 3.898 billion contracted in 4 months – Business & Finance

ISLAMABAD: Pakistan incurred $ 3.898 billion in external debt from multiple funding sources in the first four months (July-October) of 2021-2022, including $ 866.43 million from foreign commercial banks (22 %) of total budgeted external loans of $ 14.088 billion for the entire fiscal year. Data from the Ministry of …

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Saudi Arabia’s Jabal Omar Gets Approval to Restructure $ 800 Million Government Loan

Jabal Omar Development Company, one of Saudi Arabia’s largest listed developers, received approval from the Ministry of Finance to restructure a government loan of 3 billion Saudi Riyals ($ 800 million) as part of its plan of financial transformation. The agreement will have several “immediate and significant positive long-term impacts” …

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DEWA wins grand prize at Dubai Government Excellence Awards – News

The most important award given by the Dubai Electricity and Water Authority is the Elite Award. Wam By Wam Posted: Sun, Nov 21, 2021, 12:13 AM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, awarded 5 …

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Afghanistan: Taliban to start paying civil servants’ unpaid salaries – News

Thousand owe at least three months salary, pensions By Reuters Posted: Sat, Nov 20, 2021, 3:53 PM The Afghan Taliban administration will begin paying overdue civil servants’ salaries from Saturday, officials said. Thousands of Afghan officials must pay at least three months’ wages, one of many crises the Taliban has …

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Bodrum METT Hotel and Resort Wins New Favorite International Hotel

Dubai, United Arab Emirates: – METT Hotel & Beach Resort Bodrum, the 5-star lifestyle hotel and resort brand of Sunset Hospitality Group (SHG), was named New Preferred Hotel (International) in Condé Nast Traveler Annual Middle East Readers’ Choice Awards. Less than a year after opening, METT Bodrum is internationally recognized …

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Sheikh Mohammed bin Rashid pays tribute to recipients of Dubai Government Awards of Excellence

His Highness Sheikh Mohammed bin Rashid Al Maktoum today honored the recipients of the Dubai Government Excellence Awards. Image Credit: Courtesy: Dubai Media Office Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, today honored the …

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Local start-ups gain investment opportunities to enter the business world

Dubai, United Arab Emirates: “Aqdar Bootcamp”, an initiative launched by the GADHA Foundation, recently enabled 10 innovative projects created by young Emirati talent to enter the business market, during the last edition of “Aqdar World Summit ”which ended recently. This initiative, launched by the “GADHA Foundation”, a leading national institution …

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Dubai unveils new incentives to boost IPOs and IPOs

Dubai Financial Market (DFM), which operates the emirate’s stock exchange, has unveiled new incentives to boost initial public offerings (IPOs) and listings on the local stock exchange. The incentives are aimed at private companies in lucrative sectors and include financial support for the cost of IPOs and stock market listings, …

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Dubai’s real estate market “is picking up slowly but steadily”

A year after the trough, the recovery in Dubai’s property market continues as prices rose just under 1% in October to settle at AED 977 per square foot, according to the UAE-based property portal, Property Monitor. After recording a massive 2.51% gain in June, monthly price growth continues to slow …

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‘Home for the Holidays’ seasonal offer at the Grand Hotel Ghaya – News

Spend the most wonderful time of the year with your loved ones at Ghaya Grand Hotel Enjoy tons of vacation deals and activities, from outdoor movie screenings, festive brunches and dinners to relaxing spa packages Ahead of the Christmas and New Years celebrations, the Ghaya Grand Hotel launches irresistible and …

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Welcome to IANS Live – BUSINESS

Photo credit: IANS IANSLive Dubai, Nov 16 (IANS) Small airlines attending the ongoing Dubai Airshow have said they are looking to forge more than just India-UAE business relations during their five-day stay at the show which takes place in Al Maktoum. Dubai World Central International Airport here until November 18. …

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Corrugated Galvanized Steel Market Size, Growth (2021-2028)

New Jersey, United States, – A new informative report titled “Corrugated Galvanized Steel Market Size 2021 by Key Players, Types, Applications, Forecast to 2028 » was recently published by Verified Market Research® in its massive database that helps shape the future of businesses by making well-informed business decisions. It offers …

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UAE government’s ‘Moonshot Pilot Grant’ to spur innovation

The government of the United Arab Emirates has launched the “Moonshot Pilot Grant», Its new innovation fund for the public sector, which offers up to $ 100,000 per pilot project to facilitate the testing of potential government initiatives and accelerate their development and implementation in the public sector. The grant …

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UAE Central Bank to launch new index for interbank market

The Central Bank of the United Arab Emirates (CBUAE) will release a new index of overnight interbank financing transactions in dirham. Image Credit: WAM Dubai: The Central Bank of the United Arab Emirates (CBUAE) will release a new index of overnight interbank financing transactions denominated in UAE dirhams from December …

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Launch of the national guide to measuring R&D spending in the public sector – News

The guide aims to support the R&D ecosystem and boost the UAE’s global competitiveness; The guide developed in partnership with 17 federal and local government entities Relative to staff Posted: Sat, 13 Nov 2021, 6:41 PM The Ministry of Industry and Advanced Technologies (MoIAT), in partnership with 17 local and …

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UAE to list Salik road toll system in Dubai financial market – News

The government will also release the names of the remaining eight state-funded companies in due course. Photo file Posted: Sat, Nov 13, 2021, 7:00 PM Last update: Sat, Nov 13, 2021, 8:56 PM The UAE on Saturday announced plans to list the Salik road toll system in Dubai‘s financial market, …

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2021 Single Mode Dark Fiber Sales Market Analysis by Size, Share, Growth, Trends to 2027

New Jersey, United States, – The Global Single-Mode Dark Fiber Sales Market report is one of the most comprehensive and significant additions to the market research archive of Market Research Intellect. It offers detailed research and analysis of the main aspects of the global Single-mode dark fiber sales market. The …

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Corrugated Galvanized Steel Market Size and Outlook 2028 | Main companies – Europerfil, Fischer Profil, ArcelorMittal, Hadley, Modern Ajman Steel Factory, ABC, Bridger Steel, Achenbach,

New Jersey, United States, – A recent market research report added to the repository of verified market reports is an in-depth analysis of the Corrugated Galvanized Steel Market. Based on the analysis of the historical growth and current scenario of the Corrugated Galvanized Steel market, the report intends to offer …

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Dubai tenants face tough rental decisions as real estate market booms

As the economy recovers from the onset of the pandemic and property prices in Dubai recover, tenants say they are facing significant rent increases. In some of the emirate’s most popular areas, rents have risen by up to 20% after prices plummeted during the pandemic. In October last year, Lebanese …

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United Arab Emirates is the third largest market in the world for branded residences – News

With 39 completed programs, the United Arab Emirates ranks third after the United States and Thailand; Dubai takes first place in branded residences, ahead of Miami and New York Panoramic view of Business Bay and Downtown Dubai, reflection in a river. Dubai, Miami and New York are the top three …

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Retreat Palm Dubai welcomes new team members

The Retreat Palm Dubai MGallery by Sofitel welcomes three new department heads. Vijay Bussa is the new head of food and beverage, Ramy Shawky will lead the front office as a manager and Zeeshan Salem is appointed head of safety and security. Prior to joining The Retreat Palm Dubai, Vijay …

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Corrugated Galvanized Steel Market Size and Analysis

New Jersey, United States, – The research study presented in this report offers a complete and intelligent analysis of the competition, segmentation, dynamics, and geographical advancement of the Global Corrugated Steel Market. It takes into account the CAGR, value, volume, revenue, production, consumption, sales, manufacturing cost, prices, and other key …

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Deliveroo launches in Ras Al Khaimah

Earlier this year, the platform was launched in Ajman, making Ras Al Khaimah its sixth launch in the United Arab Emirates and the seventh in the MENA region. To celebrate its historic expansion into the UAE’s fourth largest emirate, Deliveroo will offer free delivery to more than 30 top restaurants …

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MoHAP launches free gym access for government employees

Sharjah24: The Ministry of Health and Prevention (MoHAP) has launched a one-of-a-kind initiative to get all government employees to be physically active by offering them free access to GymNation, which provides the world’s largest gym facilities of the United Arab Emirates. The 30-day “Free Membership” initiative, part of the “Ma’kom …

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Deyaar returns to Cityscape as Dubai’s scorching real estate market continues to thrive

Deyaar Development PJSC, one of Dubai’s leading real estate developers and service providers, today announced its participation in Cityscape Global 2021, the region’s largest international real estate fair and forum, taking place in Dubai from November 9 to 11. As the city’s real estate market strengthens, Deyaar will present an …

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Radisson Hotel Group strengthens its presence in the region with promising growth and expansion projects

With more than 75 hotels in operation and under development in the region, the Middle East remains a key part of Radisson Hotel Group’s global strategy. Dubai: As part of Radisson Hotel Group’s five-year expansion and transformation plan, the dynamic group is delighted to announce its exceptional growth across the …

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Dubai: oversupply in property market is a thing of the past, says Danube founder – News

Investor confidence in UAE market has increased dramatically, says Rizwan Sajan Posted: Tue, Nov 9, 2021, 8:06 PM The oversupply in Dubai is a thing of the past and developers shouldn’t care as the demand is high and there is no new mega-project launch that can again cause massive oversupply …

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Syrian President Bashar Al Assad receives Abdullah bin Zayed in Damascus

Image Credit: WAM Damascus: Syrian President Bashar Al Assad received Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, in the Syrian capital. The latest developments in the Middle East and Syria, in addition to a number of regional and international issues of common concern, featured …

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Select Group launches Peninsula Two in the heart of Dubai’s Business Bay

Image Credit: Provided Select Group, one of the region’s largest private real estate developers, has announced the launch of the 36-story Peninsula Two tower located in the heart of Dubai’s Business Bay. This accelerated launch is the result of very successful sales on Peninsula One. Living on the waterfront at …

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Crypto market value surpasses $ 3 trillion for the first time – News

Bitcoin bounces back above $ 66,000 on Monday, near all-time high after 5% jump A representation of the Bitcoin virtual currency is seen in front of a stock chart. – Reuters archive photo Posted: Mon 8 Nov 2021, 05:14 PM Last update: Mon 8 Nov 2021, 9:34 PM According to …

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OPEC + capable of increasing oil supply in the event of market demand – News

UAE Energy Minister Says Insufficient Investment Can Raise Oil and Gas Prices Over 30 heads of government departments from across the African continent and the Middle East and high-level delegations, including executives from some of the world’s largest oil and gas companies, participated in Africa Oil Week. – Photo provided …

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Radisson Hotel Group posts remarkable growth in 2021

Radisson Hotel Group, one of the world’s leading hotel groups, looks back on a successful third quarter 2021 with key expansions across the Group’s EMEA portfolio, reaching over 50 hotel signatures and nearly 30 openings in EMEA YTD. Radisson Hotel Group is continuing its recovery and the ambitious pursuit of …

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Middle East leads business travel recovery – WTTC report

Global business travel spending is expected to increase by more than a quarter this year and reach two-thirds of pre-pandemic levels by 2022, according to a new report from the World Travel & Tourism Council (WTTC) released in collaboration with McKinsey & Company titled ‘Adapting to Endemic Covid-19: Prospects for …

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Al Zorah launches sales of commercial plots in Ajman

United Arab Emirates-based development company Al Zorah has announced the launch of the sale of commercial plots in The Strip, a popular mixed-use area in the northern emirate of Ajman. This follows an increased interest in commercial space in the strategically located and economically important area. The Strip has plenty …

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United Arab Emirates: Cycling popular among locals as government encourages sport – News

Country “goes fast, as fast as the wheels of a bicycle,” says UAE pro-cyclist Race leader Tadej Pogacar of the UAE Emirates team competes in the seventh stage of the UAE Cycling Tour from Yas Mall to Abu Dhabi Breakwater. AFP By AFP Posted: Thu, Nov 4, 2021, 5:31 PM …

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KITA successfully concludes its business conference at the Expo

Participants during the event. Korea International Trade Association (KITA announced the successful completion of Dubai O2O Expo, Online Export Conference and Mainstream Event held at Club 2020, Expo 2020 from the 1st to November 3 with the Korea Agency for SMEs and Startups, the Korea Foundation for Cooperation of Large …

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ADX launches the derivatives market – News

Saeed Hamad Obaid Al Dhaheri, Managing Director of ADX, Mohamed Ali Al Shorafa Al Hammadi, Chairman of ADX, Khaleefa Ali Al Qamzi, Director of the Board of Directors of ADX and Abdulla Alnuaimi, COO of ADX . – Photo provided Trading of Etisalat, FAB, IHC, ADNOC Distribution and Aldar Properties …

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RAG Global Business Hub launches ‘Business Ecosystem’ – News

With a vision of “building the country as a nation of entrepreneurs”, RAG Global Business Hub recently launched “Business Ecosystem” and “Business Hub” in Dubai inaugurated by Dr Shashi Tharoor (former Under-Secretary-General of the United Nations ) to provide comprehensive support to entrepreneurs in the region. The new center located …

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Aswaaq Retail opens 2 new points of sale in Dubai

Aswaaq Retail, a pioneering local brand in the United Arab Emirates, is preparing to renovate its Umm Seqeim, Al Warqa’a and Al Mizhar outlets and inaugurate two new outlets at Dubai Waterfront Supermarket and JVC Mart. The Umm Seqeim point of sale will welcome customers in mid-October and the Al …

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UAE condemns attempted Houthi drone attack on Saudi Arabia’s Jazan

Abu Dhabi: The UAE strongly condemned attempts by the Houthi terrorist militias to attack civilians and buildings in Jazan, Saudi Arabia, with two explosive drones, which were intercepted by coalition forces. In a statement by the Ministry of Foreign Affairs and International Cooperation (MoFAIC) on Tuesday, the UAE reaffirmed that …

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Millennium Plaza Hotel Dubai honors breast cancer survivors – News

The Millennium Plaza Hotel commemorated Breast Cancer Awareness Month with an insightful and engaging session honoring survivors and raising awareness among guests and activists at their Views @ 61 restaurant. Breast cancer is one of the most common types of cancer in the United Arab Emirates, the number of people …

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Dubai to IPO soon Dewa – News

The listing of the Dubai Electricity and Water Authority will be done in stages in order to take into consideration its enormous assets. The Dewa Power Station in Dubai. — AFP archive photo Published: Tue, 2 Nov 2021, 4:34 PM Last update: Tue, 2 Nov 2021, 7:50 PM The Dubai …

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Dubai’s mid-range residential communities will join in the fun soon

While current demand patterns are for luxury apartments and villas, the Dubai property market will eventually see mid-range homes get carried away with the wave. Image Credit: Gulf News Archive “What do such large, cowardly and baggy monsters mean, with their elements of accidental and arbitrariness?” Henry James wondered in …

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Market maker fund, IPO announcement boosts DFM market – News

The general index of the Dubai financial market jumped 113.77 points, or 3.94%, reaching its highest level since August 2018 following positive developments announced by the government to stimulate activity on the local stock exchange. An investor browses the Dubai financial market. Analysts said the latest move was aimed at …

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Ajman Chamber signs trade deal with Russian company

Ajman Chamber of Commerce and Industry has signed an agreement with Russian company Ros Global Export to establish joint development plans and programs that boost trade, facilitate the exchange of delegations between the two sides and attract investment . Signed at the Business Communication Center of Expo 2020 Dubai, the …

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AR Billionaire Concierge expands its luxury business in the United Arab Emirates – News

Asif Rehman. – Photo provided Billionaire Concierge is Dubai’s most exclusive luxury concierge and lifestyle management service. Posted: Mon Nov 1, 2021, 5:07 PM Entrepreneurs who started fast growing businesses have often been successful in reaching the top and getting the momentum they want for their brands and businesses. Entrepreneurs …

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