HONG KONG SAR – Media OutReach – 10 February 2021 – During the first week of his presidency, President Biden has executed six immigration-related executive orders, including rescinding the Muslim ban, restoring the Deferred Action for Childhood Arrivals (DACA) program and halting construction of a U.S.-Mexico border wall. This marks a return to policy where immigrants are welcomed and valued for their contributions to the economy and society. Even though […]
Arabian Post Staff Emaar Malls recorded revenue of AED 3.508 billion (US$ 955 million) in 2020, the company announced. Overall net profit in 2020 amounted to AED 704 million (US$ 192 million). Commenting on the results of the full-year results of 2020, Mohamed Alabbar, Founder of Emaar Properties and Emaar Malls said: ““Emaar Malls has emerged from 2020 in a much stronger position, having faced some of […]
Arabian Post Staff The Dubai Financial Services Authority (DFSA) announced punitive action against a former relationship manager at a DFSA authorised firm. On 17 September 2020, the DFSA decided to take enforcement action against Ashish Bhandari, the emoployee concerned, for being knowingly involved in breaches of Anti-Money Laundering (AML) legislation from 2011 to 2013 and for obstructing the DFSA in 2017 and 2018. The DFSA has fined […]
Share Tweet Share Share Email DEWA is working on a first of its kind Green Hydrogen project in collaboration with Expo 2020 Dubai and Siemens which will be built at the MBR Solar Park Dubai Electricity and Water Authority (DEWA) has announced that it has allocated $1.15 billion to supply Expo 2020 Dubai with electricity and water as well as support its electricity and water infrastructure projects […]
Arabian Post Staff The Dubai Financial Services Authority (DFSA) announced that it has suspended the licence of Red Spear Capital (DIFC) Limited (Red Spear) for a period of 12 months, consistent with its aim of protecting direct and indirect users of the financial services industry in the DIFC. Red Spear’s licence was suspended due to serious concerns about the adequacy of its financial resources, its non-compliance with the […]
Share Tweet Share Share Email Creek Views I is located in Dubai Healthcare City and boasts views of the Dubai Creek an Downtown Dubai skyline Studio N has been appointed by Azizi Developments to incorporate façade lighting as a distinct feature to enhance the architecture of Creek View I. The developer said the lighting elements will highlight the elevation and complement the appearance of Creek Views’ remarkable […]
In the light of this exceptional growth, HE Sultan bin Sulayem believes opening new markets and stimulating mutual trade between Dubai and Israel will encourage companies to increase production, leading to greater economic growth and more job creation. Said Bin Sulayem: “The expansion of trade and investment between the two sides will benefit not only the business communities in the UAE and Israel, but also other stakeholders […]
These are seriously amazing… Dubai is no stranger to some mind-boggling and stunning architectural projects and there are plenty to look forward to opening in 2021. Here are 12 upcoming Dubai mega-projects we can’t wait for… Ain Dubai Dubai’s huge observation wheel Ain Dubai has been a long time coming and now it looks to be edging ever closer to completion with the recent addition of all […]
As a small and medium business owner, every day brings a multitude of strategic and commercial decisions that must be made to ensure the ongoing prosperity of your enterprise. This can leave limited time for complex operational issues such as navigating taxes. However, managing cost and taxes, especially if you are importing and exporting goods, requires an assessment of your business direction and strategy. Navigating a country’s […]
Sun 31-01-2021 18:09 PM VideoImage ABU DHABI, 31st January, 2021 (WAM) — On the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the 15th batch of National Service recruits will be trained by the Ministry of Interior and the Dubai Police, under the supervision of the National and Reserve Service Authority, […]
Share Tweet Share Share Email Six storey project started in February and ready well in advance of Expo 2020 Dubai opening in October, 2021 Construction work on Saudi Arabia’s 13,069sqm country pavilion at Expo 2020 Dubai has been completed, the country announced. The pavilion is said to be the second largest at the Expo site, with only the UAE pavilion being larger. Construction work on the pavilion […]
DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]
The developer of one of the most ambitious projects on Dubai’s The World Islands, will finally be handing over the long-awaited private villas and beach palaces to investors before the end of the year. Some 2,000 units in the Phase I of the $5 billion Heart of Europe, an ultra-luxury man-made island destination that will showcase floating homes, as well as the Middle East version of the […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
One place where you spend time more than your home is your workspace. So why not choose a space that is efficient, has all amenities, a calming environment, and above all cost-effective. ‘The Place’ takes care of all these things and provides you the best co-working environment in Dubai. Dubai is known for its great work culture and ‘The Place‘ works to optimize your productivity in your […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
The developer of one of the most ambitious projects on Dubai’s The World Islands, will finally be handing over the long-awaited private villas and beach palaces to investors before the end of the year. Some 2,000 units in the Phase I of the $5 billion Heart of Europe, an ultra-luxury man-made island destination that will showcase floating homes, as well as the Middle East version of the […]
DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]
Share Tweet Share Share Email Six storey project started in February and ready well in advance of Expo 2020 Dubai opening in October, 2021 Construction work on Saudi Arabia’s 13,069sqm country pavilion at Expo 2020 Dubai has been completed, the country announced. The pavilion is said to be the second largest at the Expo site, with only the UAE pavilion being larger. Construction work on the pavilion […]
Arabian Post Staff | SHUAA Capital announced that it has successfully completed a debt buyout of Stanford Marine Groups AED 1.13 billion (USD 308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks. SMG is one of the most prominent and diversifed offshore services companies in the Middle East, with a focus on chartering, building and repairing offshore support vessels for the […]
