Monthly Archives: July 2022

UAE floods: Emirati businessman donates 300 hotel rooms to shelter victims – News

This donation will help more than 600 people, according to the Ministry of Community Development Photo by Shihab Published: Sat 30 Jul 2022, 4:37 PM Last update: Sat 30 Jul 2022, 10:28 PM A prominent Emirati businessman has pledged 300 hotel rooms to support the UAE government’s efforts to shelter …

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Passengers will soon be able to relax in a Pod hotel at Nashik station

Pod hotels are being launched in different parts of India and Nashik railway station will soon host one. In Maharashtra, there are pod hotels in Mumbai and Pune, and now Nashik is also joining these cities. Bhusawal Division Railway Authority has made a decision to build a pod hotel for …

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Dubai real estate market records highest sales volume in nine years in June – News

June saw an increase of 34% in volume and 24.8% in value compared to May 2022 The second quarter marked the highest quarterly volume of commercial transactions in the last decade with a total of 22,504 transactions worth 59.154 billion dirhams. — File photo By Wam Published: Fri, Jul 29, …

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The United Arab Emirates fire safety and rescue tools and products market will see an increasing demand due to the increasing number of construction projects and the growing preference for technologically advanced tools and equipment: Ken Research

Ken Research Pvt. ltd UAE Fire Safety and Rescue Tools and Products Market Report Covers Abu Dhabi Fire Safety and Rescue Equipment Market, Abu Dhabi Fire Safety Product Manufacturers, Covid Impact -19 in UAE Fire Safety Equipment Market, UAE Crisis Management Authorities, Dubai Fire Safety and Rescue Equipment Market, Dubai …

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UAE Fire Safety and Rescue Tools and Products Market

Gurugram, India, July 28, 2022 (GLOBE NEWSWIRE) — The UAE is actively attracting strong investors, with initiatives such as Expo 2020 driving increased demand for retail establishments. Being the most prone to fires, retail and commercial businesses are often classified in the “A” risk category. Category A means a more …

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UAE banks post higher profits as business conditions improve – News

Analysts and banking experts say rising oil prices and rising interest rates will lead to stronger profitability for UAE banks in 2022-23 UAE banks performed well despite geopolitical challenges, global recession fears, inflation fears and economic slowdown in major economies. — File photo Published: Thu 28 Jul 2022, 07:50 PM …

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Capital Travel launches exciting summer stay deals in UAE

As part of its summer flash sale, Capital Travel, a travel solutions provider and subsidiary of Tourism 365 and ADNEC, is offering attractive staycation offers in Abu Dhabi, Dubai and Ajman until 31st from August 2022. Residents looking to spend the summer in the UAE can afford opulent getaways and …

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UAE launches upgraded version of National Air Quality Platform

Abu Dhabi: Mariam bint Mohammed Almheiri, Minister of Climate Change and Environment, visited the National Meteorological Center (NCM) in Abu Dhabi, accompanied by Dr. Abdulla Al Mandous, Managing Director of NCM and President of the Regional Association II (Asia) of the World Meteorological Organization (WMO) and several senior center staff. …

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Capital Travel launches staycation offers in the UAE

Capital Travel, a travel solutions provider and subsidiary of Tourism 365 and Adnec, is offering attractive staycation offers in Abu Dhabi, Dubai and Ajman as part of its summer flash sale until August 31, 2022. Residents looking to summer in the UAE can treat themselves to opulent getaways …

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Indian Government: Russian-Ukrainian conflict, soaring crude oil prices are the main reasons for the fall of the rupee – News

The currency slipped below 80 against the US dollar recently By ANI Published: Tue, 26 Jul 2022, 7:30 PM The ongoing conflict between Russia and Ukraine, soaring crude oil prices and tighter global financial conditions are the main reasons for the weakening of the Indian rupee, which recently slipped below …

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Dubai Investments strengthens its presence in the steel sector – News

Emirates Building Systems has successfully completed 25 years in the steel business, further strengthening Dubai Investments’ portfolio of steel businesses in the region and globally Relative to staff Published: Tue, Jul 26, 2022, 4:46 PM Last update: Tue, Jul 26, 2022, 4:50 PM Emirates Building Systems (EBS), established in 1997, …

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About $17 billion in external debt incurred in FY22

ISLAMABAD: Pakistan incurred approximately $17 billion in external debt from multiple sources of funding in FY 2021-22, including $4.9 billion from foreign commercial banks (29%) against the total external loans budgeted at $14.088 billion for fiscal year 2021-22. This does not include the billion dollars received from the International Monetary …

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10 summer hotel deals in the UAE worth checking out

Summer in the UAE is upon us and if you don’t go abroad, you might feel like these long, hot months have no end in sight. But with fewer tourists and lower demand, the warmer months can be the perfect time to take advantage of summer campaigns at hotels across …

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2022 FIFA World Cup: UAE hotel rates increase by 20%; 100% expected occupancy – News

Many football fans prefer to stay in Dubai and travel to Qatar to watch the matches Case Published: Mon 25 Jul 2022, 05:36 PM Last update: Mon 25 Jul 2022, 10:21 PM Hotels and homestays in the United Arab Emirates are enjoying a major recovery ahead of the final kickoff …

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New fish market with 104 stalls opens in Abu Dhabi’s Mina Zayed district – News

There are eight dried fish stalls, four fruit and vegetable stalls and three commercial kiosks Published: Mon 25 Jul 2022, 7:20 PM Last update: Tue, 26 Jul 2022, 10:52 AM A new market that offers a unique shopping experience has opened in Abu Dhabi’s Mina Zayed district. The fish market …

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Lozan Urban Development launches second phase of Apex Business Mall at Egyptian NAC

Egypt – Lozan Urban Development (LUD) has announced the launch of the second phase of its Apex shopping complex in the city center of the New Administrative Capital (NAC). “The second phase of the project includes unique units in a variety of areas that meet the ambitions and desires of …

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UK: Sunak will put government on crisis footing from ‘day one’ – News

He intends to argue that the country faces a national emergency on five fronts By Reuters Published: Sat 23 Jul 2022, 07:59 In an interview with The Times on Friday, former UK finance minister Rishi Sunak, a leading contender for prime minister, said he would put the government in crisis …

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Danube Home enters the Saudi construction market with Masah JV

Danube Home, a key home furnishings brand in the region, has partnered with Saudi-based Masah Specialized Construction Company to create a new venture in the kingdom that will develop multiple projects in the education, hospitality and other key sectors. A unit of the Dubai Danube building materials company, it operates …

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The Global Vertical Farming Show kicks off at the Conrad Hotel – News

Published: Fri, Jul 22, 2022, 4:20 PM Last update: Mon 25 Jul 2022, 12:51 TAB Group is set to host the second edition of the Global Vertical Farming Show on July 27-28 at the Conrad Hotel in Dubai. The event aims to bring together agricultural verticals, solution providers and agricultural …

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Dubai sees 25% growth in new commercial licenses in the first half of 2022

DUBAI – Dubai issued 45,653 new business licenses in the first half (H1) of 2022, registering a growth of 25% compared to the same period last year. The figures reaffirm the success of the government’s innovative new strategic approaches and policy changes that have revitalized the economy and spurred a …

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Amid Russian bombardment, Ukraine aims to strengthen its government – ​​News

Ukraine’s presidential office said seven Ukrainian regions suffered attacks A man removes debris inside an apartment in a residential building destroyed by a Russian artillery strike. —Reuters By AP Published: Tue, Jul 19, 2022, 12:05 AM With Russian bombardment across the country showing no signs of abating, Ukraine’s leaders on …

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Dubai sees 25% growth in new commercial licenses in the first half of 2022 – News

The increase is attributed to safety, security and the ease of doing business in the emirate By a staff reporter Published: Tue, Jul 19, 2022, 5:07 PM Dubai issued 45,653 new business licenses in the first half (H1) of 2022, compared to the first half of 2021 when 36,647 licenses …

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Summer holidays in the United Arab Emirates: the best hotel stay deals for couples and families – News

Dubai and Sharjah have launched exclusive campaigns for families staying this season Published: Tue 19 Jul 2022, 07:59 Residents staying in the UAE during the summer can take advantage of attractive hotel stay deals in Dubai and Sharjah. Both emirates have launched campaigns featuring integrated packages of exclusive hotel deals …

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Bahrain’s Edamah expected to award design contract for hotel staff accommodation project in Q3

Bahrain Real Estate Investment Company (Edamah) is expected to award the design and supervision consultancy contract for its $50 million Bilaj Al Jazayer Hotel Staff Accommodation Residential Buildings by the third quarter of 2022. “The design and supervision consultancy contract is expected to be awarded by the first week of …

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UAE Medical Devices Market Growth Rate, Share, Size, Forecast

UAE Medical Devices Market Expected to Grow at a CAGR of 6.7% During 2020-2025, Generating Revenue of Over USD 2 Billion in 2025F: Ken Research Main conclusions As the UAE is almost entirely dependent on medical device imports, there are many opportunities for medical device companies to meet the growing …

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‘We don’t fear the government’: Sri Lankan protesters continue fight for comprehensive system change – News

The protest began on April 9, continued uninterrupted By PTI Published: Sun 17 Jul 2022, 11:12 Sri Lankan protesters have vowed to continue their fight for comprehensive system change by abolishing the presidency, as the popular uprising that toppled Gotabaya Rajapaksa as president marked the 100th day on Sunday. The …

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Indian government convenes multi-stakeholder meeting on Sri Lanka crisis – News

Political parties worried about refugees, sources say By ANI Published: Sun Jul 17, 2022 3:15 PM The Indian government convened a multi-party meeting on Tuesday evening to discuss the crucial issue of the Sri Lankan crisis. Parliamentary Affairs Minister Pralhad Joshi made the announcement on Sunday, saying, “On Tuesday we …

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Sharjah announces special hotel packages and discounts on activities – News

The summer campaign will run until September 30 Published: Sun, Jul 17, 2022, 6:30 PM A new campaign launched in Sharjah offers hotel packages and discounts on activities at popular tourist and hotel destinations in the emirate. Until September 30, the Sharjah Trade and Tourism Development Authority’s (SCTDA) annual campaign …

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UAE President Sets Clear Direction for Economic Acceleration, Business Leaders Say – News

Businessmen say they will do anything to support the country’s economic priorities File photo Published: Sat 16 Jul 2022, 7:58 PM Last update: Sat 16 Jul 2022, 10:36 PM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has set out a clear direction to achieve economic acceleration, according …

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Al Habtoor City Hotel Collection launches “Gourmet stay” package – News

Published: Fri, Jul 15, 2022, 5:27 PM Last update: Mon 18 Jul 2022, 11:30 AM The new package is available at all hotels and offers a meal credit to its food-loving citizens Al Habtoor City Hotel Collection has launched its new package, “A Gourmet Stay”. The new package is available …

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Government backs new law to give extra paid leave to parents whose babies need specialist care after birth

The government is supporting a bill that will give parents of newborns who need specialized care extended paid leave. Under new government-backed legislation today, thousands of parents whose newborns need specialist care after birth will be entitled to extended paid leave (Friday July 15). A baby born prematurely or with …

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Watch: Staff at Galadari hotel in Sri Lanka rush to help protesters after tear gas attack – News

The ‘act of kindness’ videos went viral earlier this week By Qadijah Irshad Published: Thu 14 Jul 2022, 06:22 PM Last update: Thu 14 Jul 2022, 22:39 A waiter in a black vest and matching pants rushes across the room with stainless steel pitchers in hand. Chefs in toques (large …

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Dollar pauses as Fed officials exit market to reflect on rate trajectory

TOKYO — The dollar hovered below a nearly two-decade high in Asian trading on Friday, slipping overnight after two Federal Reserve policymakers said they favored a rate hike below 100 basis points on which investors were betting. The dollar index, which measures the currency against six peers, edged up 0.07% …

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President’s speech showed UAE moving steadily toward goals (Sheikh Humaid)

The speech reflected the prosperous present and the bright future that generations yearn for, especially with the start of the second 50th of the Union that unites the Emiratis, Sheikh Humaid said. “His Highness’s speech confirmed the continuity of the Union’s approach, the development journey, the Emirati national values ​​and …

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Enterprise Asset Management (EAM) Space Market 2022

Enterprise Asset Management (EAM) Space Market Size and Forecast (2022-2028) The study examines in detail the impact of these key trends and outlines growth opportunities in various segments based on how these trends will shape the enterprise asset management (EAM) space market in coming. Latest Update: This has resulted in …

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Business Mogul Rahul Kaul Talks About His Latest Venture – IMDDXB – News

Recently, the demand for social media has increased, and we are confident that this will continue. Published: Tue, Jul 12, 2022, 10:53 AM Who do you think benefited the most? We think it’s the influencers. Seeing their growing demand, a new company called IMDDXB was formed. Guess who is the …

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Launch of WCS with sport and business growth as central pillars – News

The inaugural edition of the World Corporate Summit is an exclusive invitation-only event held with the mission to enable collaborative dialogue to enable a new era of global economic growth in a post-pandemic world. Ahmed Al Khaja, CEO, Dubai Festivals and Retail Establishment – Supplied Published: Tue, Jul 12, 2022, …

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UAE Four Wheeler After-Sales Service Market Key Players, Size,

Overview of the UAE Four Wheeler Aftermarket Service Industry The Four Wheeler Aftermarket Service industry in UAE recorded a CAGR of roughly xx% based on revenue from 2016 to 2021. The industry is currently in a stagnant growth phase, where neither much growth nor decline has occurred. The growth of …

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Sri Lankan opposition hopes to install new government amid turmoil – News

Protesters who stormed the president’s official residence on Saturday spent the night there By AP Published: Sun 10 Jul 2022, 09:17 Last update: Sun Jul 10, 2022 2:26 PM Sri Lanka’s opposition political parties will meet on Sunday to agree a new government a day after the country’s president and …

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Dubai: Check into a green hotel and participate in the eco-driving of the country – News

The emirate’s hotel sector is becoming more sustainable Published: Sat 9 Jul 2022, 2:16 PM In January 2012, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, launched the Green Economy Initiative under the slogan “A Green Economy for …

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SWOT Analysis of Corrugated Galvanized Steel Market by 2028

New Jersey, United States – The corrugated galvanized steel market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and qualitative …

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EMEA Daily: Flutterwave denies anti-money laundering claims

In today’s top news from Europe, the Middle East and Africa (EMEA), software company AML Lucinity has raised $17 million, Flutterwave denies wrongdoing and Airbnb is launching a new feature. Lucinity raises $17 million in Series B Anti-money laundering software developer Lucinity raised $17 million in a Series B funding …

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Manuelle Gautrand Architecture a hotel for Paris Charles de Gaulle airport.

In Roissy a renovation and development plan is underway to Paris-Charles de Gaulle Airport, one of the largest and most important airports in the world. This also includes the recently completed project by the architect Manuel Gautrand and his firm for the Marriott group. These are two new hotels built …

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UAE Electric Vehicle Charging Equipment Market Growing at CAGR

EV landscape in the UAE The electric vehicle market in the United Arab Emirates is currently in its infancy and has seen some growth over the period 2017-2021 thanks to the electric vehicle (EV) green charger initiative undertaken by the Government of the United Arab Emirates United. There has been …

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Current Corrugated Tiles Market Trends and Future Plans by Forecast 2022-2028 – Europerfil, Fischer Profil, Elval Colour, ArcelorMittal, Hadley

“Corrugated Tiles Market by Platform, Type and Geography – Forecast and Analysis 2022-2028” The Corrugated Tile market study provides details about market dynamics affecting the market, market size, and segmentation, and casts a shadow over major market players by highlighting favorable competitive landscape and successful trends in the over the …

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Dubai launches community market for blue-collar workers – News

Move aims to regulate and oversee unlicensed flea markets in worker accommodation areas A labor camp in Nad Al Sheba. File photo Published: Wed 6 Jul 2022, 5:24 PM Last update: Wed 6 Jul 2022, 5:25 PM Dubai Police General Command and Dubai Municipality have launched a “Community Worker Market” …

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Emirates Draw hails new environmental initiative from UAE government as it marks International Plastic Bag Free Day – News

Emirates Draw Weekly Grand Prize Winning Numbers 0222292 Published: Tue, Jul 5, 2022, 9:02 AM On International Plastic Bag Free Day, Emirates Draw salutes the UAE Government’s continued commitment to sustainability and environmental conservation with its latest initiative, which aims to reduce consumption of single-use plastic bags in the emirate …

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Business costs rise to highest level in 11 years due to soaring fuel prices – News

While new orders continued to rise sharply amid price promotions, input costs rose at the fastest rate in 11 years, leading to slower purchasing and reduced stocking efforts, according to the latest. S&P Global PMI data. File photo Published: Tue, Jul 5, 2022, 11:27 PM Last update: Tue, Jul 5, …

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Ajman Free Zone installs ambient air quality monitoring system

Stepping up its sustainability initiatives and supporting climate actions in the country, Ajman Free Zone, in partnership with the Ajman Municipality and Planning Department, has installed an ambient air quality monitoring system in door 2 of its industrial zone. Gate 2 is the chemical free zone cluster dedicated to companies …

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Delma Street in Abu Dhabi renamed in honor of Emirati cultural and business personality – News

Al Otaiba recognized for its contribution to the economy and cultural heritage of the capital of the United Arab Emirates Case Published: Mon 04 Jul 2022, 08:16 PM Abu Dhabi’s Delma Street has been renamed Saeed bin Ahmed Al Otaiba Street in honor of the prominent Emirati cultural and business …

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Oberoi Beach Resort, Al Zorah offers an exclusive summer getaway

Nestled in 247 acres of protected forest, The Oberoi Beach Resort, Al Zorah in Ajman is a fine example of luxury design complementing a natural landscape offering an exclusive summer getaway. Al Zorah is a unique luxury destination in the emirate of Ajman, with long white sandy beaches, azure blue …

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UAE council approves 22 policies to boost circular economy transition

Dubai: A high-level UAE council has approved no less than 22 policies to boost the implementation of the circular economy model in the country, it was announced on Sunday. The policies focus on four main sectors that form the backbone of the economic model: manufacturing, food, infrastructure and transport. The …

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Inflation, recession fears keep GCC market on edge – News

The MSCI GCC Index saw a steeper monthly decline than last month at 9.0% in June, a steeper decline than most other global equity markets, according to Kamco Invest’s GCC Monthly Market report. Reuters file photo Published: Sun 3 Jul 2022, 10:59 PM Last update: Sun, Jul 3, 2022, 11:02 …

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Dubai housing market expected to see supply of 38,000 units in 2022 – News

MBR City is expected to lead the delivery of residential units in Dubai this year as developers have accelerated the pace of projects to ensure timely completion and handover of projects, which is a positive sign for the market. Photo provided Published: Sun 3 Jul 2022, 10:54 PM Last update: …

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The telecommunications sector in China grew by 8.5% in January-May 2022

China’s telecom industry recorded steady growth in the first five months of the year, with strong expansion of emerging companies and 5G services, official data showed on Sunday. The sector raked in 665 billion yuan ($99.46 billion) in total revenue during the period, up 8.5 percent year on year, according …

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Indian government wants to strengthen digital governance – News

The transition to high-speed 5G telephony is about to begin with the spectrum auction that the government has authorized up to 72,000 MHz of mobile waves. Reuters file photo By HP Ranina Published: Sun, Jul 3, 2022, 3:37 PM Last update: Sun, Jul 3, 2022, 3:40 PM Is there a …

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Flights to the United Arab Emirates: First, business class travel to Pakistan is becoming more expensive – News

This follows the imposition of taxes on luxury services by Islamabad Published: Sat 2 Jul 2022, 08:24 Last update: Sat 2 Jul 2022, 10:12 PM First class and business class travel in Pakistan has become more expensive following the imposition of taxes on luxury services by the government. The Pakistani …

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