Capitals On June 13, gold prices rose during today’s trading, and gained about $3 in spot transactions. And by 09:34 am Emirates time, the yellow metal increased by 0.14 percent, or the equivalent of $ 3, to reach $ 1960.22 an ounce. Gold contracts for August 2023 delivery rose 0.22 …
Read More »Dubai brings shipping containers to life, art pieces and retail outlets
Did you ever imagine that you would go to a famous coffee shop, or a medium-service restaurant, made of containers that were once intended for shipping goods by sea, today they are recycled to form entertainment destinations for food and drink. Did you have doubts in the past – in …
Read More »The banking sector in the UAE continues its growth momentum during the first quarter
Abu Dhabi, June 12: The banking sector in the country continued its growth momentum during the first quarter of this year, recording record levels in terms of the growth of assets, credit, deposits and investments, supported by the strength and durability of the national economy. According to the statistics and …
Read More »Laying the foundation stone for the Dh1.5 billion Oceano project in Ras Al Khaimah. Two luxury twin towers that redefine the skyline of Al Marjan Island
The Luxe Developers, a UAE-based real estate development company, has laid the foundation stone for Oceano Residences, a luxury waterfront twin towers project located on Al Marjan Island in the Emirate of Ras Al Khaimah. The AED 1.5 billion Oceano project consists of 206 residential units and is spread over …
Read More »The first auto plant in Abu Dhabi with recyclable components
The “Industry Platform” – the unified platform in the UAE to support national industries and products – signed an agreement to establish the first factory of its kind to manufacture cars from composite and recyclable plastic materials, and it will be based in the capital, Abu Dhabi, in a partnership …
Read More »The European Union offers Tunisia long-term aid of 900 million euros.
On Sunday, the European Union proposed “strengthening the partnership” with Tunisia through a program that includes long-term financial aid of 900 million euros and an additional aid of 150 million to be pumped “immediately” into the budget. European Commission President Ursula von der Leyen said, “She proposed to President Kais …
Read More »The World Green Economy Summit is a key pillar for promoting sustainability
Dubai, June 11 / Since its launch in 2014, the World Green Economy Summit has accompanied the pioneering and pioneering role of the UAE in the world in supporting the green economy system, mobilizing global efforts to enhance climate action and meet the challenges of sustainability. The summit is considered …
Read More »37.8 billion dirhams of goods trade between the UAE and America in 4 months, achieving strong growth of 24.5% year on year
The volume of merchandise trade between the United States of America and the United Arab Emirates increased to $10.3 billion (37.8 billion dirhams) during the first four months of this year 2023, according to the latest data issued by the US Department of Commerce, up from $8.27 billion (30.35 billion …
Read More »A new oil refinery in Sharjah, with a production capacity of 10,000 barrels per day, on an area of 200,000 square feet.
Saud Al Mazrouei: The region is an ideal environment for establishing vital projects Bilal Merchant: Provides direct access to regional and international markets Sharjah: The Hamriyah Free Zone Authority in Sharjah has strengthened its leadership and investment attractiveness in the oil and energy sector, according to the agreement it concluded …
Read More »With 7.3 billion dirhams, Dubai is the first in the world in foreign investment projects in the cultural and creative industries. The sector attracts 451 projects in 2022 and provides 12,368 new jobs.
Latifa bint Mohammed: A new achievement that reflects Dubai’s leadership and growing global competitiveness in the creative economy 76% of new investment projects in the cultural and creative industries in Dubai during 2022 Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of the Culture and Arts Authority …
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