Jet skiing in Abu Dhabi is an exciting and exhilarating water sport that is popular among tourists and locals alike. The city’s stunning coastline and warm waters make it an ideal location for jet skiing, and there are several providers that offer jet ski rental and guided tours in Abu Dhabi. Jet ski rental is […]
Clymb Abu Dhabi is an indoor adventure attraction located on Yas Island, Abu Dhabi. It is a unique facility that offers visitors the opportunity to experience indoor skydiving and climbing in a safe and controlled environment. Clymb Abu Dhabi is the world’s largest indoor skydiving flight chamber and the tallest indoor climbing wall. The indoor […]
The real estate and construction markets in Dubai have seen a continuous rise in the first quarter of 2022, fueled by wealthy buyers looking to take advantage of the city’s attractive tax regime and lifestyle offerings.
The Electricity Water Authority (EWA) of Bahrain has recently signed a memorandum of understanding (MoU) with the Dubai Electric and Water Authority (DEWA), to collaborate on a range of sustainability initiatives. This includes efforts to promote renewable energy, increase energy efficiency, and reduce carbon emissions.
Dubai’s Department of Economy and Tourism has established three subsidiaries in order to expand the business. The new organizations will make doing business in the city easier and will attract international investment to the UAE. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of Dubai, enacted new legislation to start the new businesses.
According to UAE Minister of Economy Abdullah bin Touq Al Marri, the UAE’s GDP would grow by 7.6 percent in 2022, more than double the expected 3 to 4% growth. “When the Central Bank (of the UAE) and all of the country’s financial institutions declared in March last year that the UAE’s GDP would rise at a rate of 3 to 4%. Now, and this has yet to be reported, we are looking at a (growth rate of) 7.6 percent,” Al Marri added.
Dubai’s ambitious aim to double its economy in the next decade underscores the emirate’s ongoing commitment to economic growth and development. To encourage innovation and generate new opportunities for businesses and individuals, the strategy calls for investments in important sectors such as tourism, trade, logistics, and technology.
The UAE money and exchange company Al Ansari Financial Services may raise up to Dh773 million ($210 million) via the sale of a 10% interest in an initial public offering. According to the firm, it is selling 750 million shares and has set the offer share price range at between Dh1 and Dh1.03 per share, implying a market capitalisation of between Dh7.5 billion ($2.04 billion) and Dh7.73 billion ($2.10 billion) at listing.
The International Defence Exhibition and Conference (IDEX) and the Naval Defence Exhibition (NAVDEX) are two of the world’s largest and most important defence shows, held every two years in Abu Dhabi, United Arab Emirates. The 16th International Defence Exhibition and Conference (IDEX) and the 7th Naval Defence and Maritime Security Exhibition (NAVDEX) commenced today in […]
Abu Dhabi, the capital city of the United Arab Emirates, is set to host the Masters Games Series in 2026. This is a significant milestone for the region, as it will be the first time the Masters Games will be held in the Middle East. The announcement was made by the International Masters Games Association […]
