Author: Dubai News Staff
The UAE has been ranked number one in the world regarding being having the best quality of air transport infrastructure according to WEF’s TDTD 2024. Further, new statistics revealed that the UAE was the MENA region’s leader in other several factors relating to aviation. The country stood first in the world in Overall World rank “Quality of Air Transport Infrastructure” and Third in both the “Efficiency of Air Transport Services” and “Available Airline Seat Km – Millions / week. ” By benchmarking the Middle East and North Africa region the UAE ranks the highest in the indicators “Number of Operating…
Leaving Abu Dhabi on the Eid Al Adha and summer vacations? Those who leave their cars to be parked at the fully covered car park area of the Abu Dhabi Airport (AUH) can park at a cheaper rate whose notice came out on Saturday and lasting through the summer season. The reduced parking rates are as follows:The reduced parking rates are as follows: 2-3 days: Dh225 4-7 days: Dh325 8-14 days: Dh400 This offer is valid in the car park for the Terminal A which is in close proximity to the departure hall being only two minutes distance. As the…
Muthoot Finance, the India’s biggest gold financiers with largest loan portfolio, plans to stronger its operation in global market through new intermediate in Dubai. This development strategy came immediately after the company expanded its coverage in both the United States and United Kingdom. Firstly, the financial conglomerate also unveiled the highest Consolidate Loan Assets Under Management, of Rs 890. 79 billion in Q4FY24 in FY24 and it improved by 25%. For the fiscal year ended March 31, 2024 gross as well as net sales went up by 18% and 17% YoY to Rs 502. 1 billion and Rs490. 4 billion…
Emirates motorists will be heading into the new year in good spirits as fuel prices are expected to drop after a four months straight of hikes. The reduction of the prices has been attributed to and emerged at the right moment as living standards increases keeping in mind the international oil market. Price Breakdown for June: Super 98: This tourism earning reached Dh3. 14 (Dh3. 34 in May- a six percent decrease). Special 95: The aggregate value of oil exports was Dh3. 02 billion – Dh3. 22 billion lower than May’s Dh3. 22 billion, a 6. 2 percent decrease. Diesel:…
President His Highness Sheikh Mohamed bin Zayed Al Nahyan of the United Arab Emirates (UAE) presided over monumental two-day state visit to China, characterized by crucial proceedings that sought to improve relations as well as cooperation between the Arab states and China in particular. The tour started with the courtesy call in the Great Hall of the People where President Sheikh Mohamed and China’s President Xi Jinping witnessed the ceremonial raising of the guard. Hohoho During a visit on this year, AV Sheikh Mohamed bin Zayed Al Nahyan was involved in the China-Arab States Cooperation Forum held at Diaoyutai State…
Abu Dhabi’s newest Icon, Reem Mall, the mall with a unique design has now been opened to public and is worth $1. 3 billion development on Reem Island aimed at the improvement of the Emirate of Abu Dhabi’s tourism industry. The mall situated in the United Arab Emirates has over 400 stores and 80 outlets of food and beverage situated within the mall, was officially opened after a ceremony that was presided over by H. E Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence. Situated over an area of 186,000 square feet, the complex houses Snow Abu…
DMCC of Dubai has recently brought attention to the enormous potential of the global economy in artificial intelligence at $15 trillion. This was disclosed during the Singapore launch event of DMCC’s biennial Future of Trade report. The capabilities of the AI in Trade and Economy: Global trade is expected to increase significantly with AI, especially in the tradeable industries. The report from DMCC shows that the global trade is expected to expand by 2. This means that by 2024, the integration of generative AI along with the increasing trend of e-commerce and digital services trade will enhance the trade’s resilience…
Abu Dhabi: The ADJD has achieved a great achievement in the global indicators of judiciary, mainly in the duration of dispute resolution. The average time to resolve a case in first instance courts was 33 days while in appellate courts, it was 32 days in the first quarter of this year. This achievement can be attributed to the department’s effort in implementing reforms in the judicial procedures due to the vision of Sheikh Mansour Bin Zayed Al Nahyan, Vice President of UAE, Deputy Prime Minister, Chairman of the Presidential Court and the Chairman of Abu Dhabi Judicial Department. Key Achievements…
Sharjah, UAE: The sooner you see several most enthralling art events presented by the Sharjah Art Foundation (SAF), the better. They are free of charge and thus are the best way to learn and appreciate the arts and heritage of Sharjah before these exhibitions are out. More specifically, this article tracks the closure of major exhibitions that have taken place over the course of the year and are scheduled to end in June. One of the must-see exhibitions is: The Casablanca Art School: “The Position and Organization of yhe Avant-Garde: Platforms and Patterns for a Postcolonial Avant-Garde (1962–1987)” at Al…
An Indian national in his thirties and who works as a supervisor for a construction company in Dubai, Chimalakonda Krishna, has emerged as the latest winner for the Dubai Duty Free Millennium Millionaire Promotion and this after he was successful in the draw conducted at Concourse D of the Dubai International Airport this Wednesday. It has been seen that Krishna, a person originally based in India, bought the ticket with number 1795 through the online platform on May 8. Of the 230 Indians who have gotten it since 1999 when the promotion started, only Krishna is unreachable at the moment.…