The United Arab Emirates (UAE) has secured its position among the world’s top-ranking nations with the seventh highest per capita national income, according to recently released data by the World Bank. The data showcases the UAE’s robust economic performance and resilience, solidifying its status as a thriving global economy. The per capita income in the […]
ABU DHABI, 29th July, 2023 (WAM) — Waha Capital PJSC, a prominent investment management company listed on the Abu Dhabi Securities Exchange (ADX: WAHA), has announced its financial results for the first half of 2023, demonstrating a remarkable performance with a staggering 221% increase in net profit compared to the same period last year, amounting […]
The news report highlights the participation of Emirati women cyclists, Afiya al-Sayegh and Zahra Hussein, in the European Circuit. They will be competing in the UCI Women continental race, the Princess Ana Vasa Tour, taking place in Poland from July 28 to July 30. This event is a significant milestone for the UAE Development Team […]
This week saw several major announcements and developments in the UAE’s real estate and economic sectors, showcasing the country’s commitment to progress and growth. From investments in mall redevelopment to a luxury resort project and a groundbreaking achievement in the luxury property market, here’s a recap of the top stories: The UAE’s commitment to innovation, […]
Immersive Gamebox, a new interactive gaming concept, has arrived in the UAE, offering players a hyper-immersive, gear-free gaming experience. The concept, originally from London, features high-tech rooms equipped with patented touch screens, 3D motion tracking, and surround sound, providing an almost gearless gaming experience. Players only need to wear visors for an immersive gaming adventure. […]
In recent years, mall walking, also known as ‘mallercise,’ has emerged as a popular fitness trend in Saudi Arabia. The country’s malls, providing safe and comfortable spaces, have become havens for people seeking a convenient and cost-free alternative to traditional gyms, especially during the scorching summer months. With a growing number of individuals engaging in […]
The recent dip in Bitcoin’s price below the $30,000 level is not expected to be a prolonged downturn, according to Rachel Lyn, CEO of SynFutures, a decentralized exchange for derivatives. In a note on Friday, Lyn stated that the lack of traders selling $30,000 bitcoin call options suggests that market participants do not foresee the […]
In the race to combat climate change, the focus has often been on reducing greenhouse gas emissions from air and road travel through electric vehicles and sustainable aviation fuel. However, rail transport, responsible for one-quarter of the world’s greenhouse gas emissions, has received comparatively little attention in terms of climate impact mitigation. RailVision Analytics, a […]
Dubai, known for its diverse educational landscape, is home to 217 private schools, catering to the educational needs of thousands of students. While the city boasts renowned schools with higher tuition fees, parents have the opportunity to choose from reasonably priced institutions that have been rated as “very good” by the Knowledge and Human Development […]
The United Arab Emirates (UAE) government reported robust financial performance for the first quarter of 2023, with revenues reaching AED115.6 billion ($31.5 billion), according to the Ministry of Finance. This milestone reflects the efficient management of government expenditure and the strategic allocation of financial resources to priority sectors, driving the nation’s move towards sustainable socio-economic […]