Dubai ranked first regionally, and ninth globally, as the most popular honeymoon destination in the world, according to a study conducted by the Swiss travel and tourism company “Koni” on the “Tik Tok” application. In this classification, Kony relied on analyzing data from more than 445 global destinations, using hashtags, …
Read More »Flights in the Emirates are approaching pre-pandemic levels
The seat capacity of flights in the UAE during the week starting from October 31 reached 91.4% of pre-pandemic levels; This is according to a report by OAG, which specializes in aviation data. According to the weekly report, seat capacity in the Emirates increased during the week by 3.9% to …
Read More »First Abu Dhabi and Majid Al Futtaim launch the first biometric payment card
Abu Dhabi First Bank has entered into a partnership agreement with Majid Al Futtaim to launch the first biometric payment card in the UAE, using the global IDEMIA technology working in the field of electronic transaction safety and security. This is in a step that aims to keep pace with …
Read More »UAE shares vary at the beginning of trading, and the Dubai market share jumps 4.89%
The UAE stock market indices varied at the beginning of Friday’s trading, the last session of the week, as the Dubai market rose at 3,330.58 points, up 0.10%, while the Abu Dhabi market index declined marginally by 0.19% to the level of 10324.44 points. And in Abu Dhabi, the “Emirates-Arkan …
Read More »The Sheikh of Al-Azhar praises the efforts of the UAE in spreading the values of brotherhood and tolerance
Dr. Ahmed Al-Tayeb, Sheikh of Al-Azhar Al-Sharif, Chairman of the Muslim Council of Elders, received, on Thursday evening, at his residence in the Kingdom of Bahrain, Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence; On the sidelines of their participation in the Bahrain Forum for Dialogue .. …
Read More »UAE newspaper editorials
November 4 / The local newspapers issued this morning, in their editorials, highlighted the state’s speech before the Arab League Summit at its 31st regular session in Algeria, which defined an integrated road map for renaissance at all levels, which included strengthening solidarity and joint Arab action, giving priority to …
Read More »A message to the Arabs and the world
When the UAE says its word, it translates all its human and moral values, and what the world should hear now and all the time, in order to learn from an experience that calls for taking it into account to remedy the challenges and dangers it faces that threaten the …
Read More »Oil falls 2% under pressure from Chinese demand concerns, US interest rate hike
Oil prices fell, yesterday, Thursday, by about two percent, with China sticking to the zero-Covid policy and with raising US interest rates, which led to the rise of the dollar, which reinforced fears of a global recession that reduces demand for fuel, but fears of lack of supplies limited the …
Read More »10 million tourists in Dubai within 9 months… and hotel occupancy 71% 27 million hotel nights booked by tourists until September
The momentum of tourism activity in Dubai continued during the current year 2022, after the emirate recorded more than 10 million international tourists during the first nine months, with a growth of 163%, compared to 3.85 million tourists during the corresponding period of 2021. Although the number of international tourists …
Read More »Abu Dhabi Ports acquires 80% of GFS for 2.9 billion dirhams, becoming the largest independent provider of regional container freight services in the world
Abu Dhabi Ports Group announced the signing of an agreement to acquire 80% stakes in Global Feeder Shipping (GFS), the global container shipping company. The total value of the 80% stake in the company is 2.9 billion dirhams ($800 million), while the institutional value is 3.7 billion dirhams ($1 billion), …
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