Author: Michael Valdez

New report by Goldman Sachs shows that Saudi Arabia, which is targeting to diversify its economy away from oil by 2030, plans to spend $1tn on non-oil sectors. It will be funded by what the report calls the “capex super-cycle,” in which 73 per cent of the spending will be dedicated to sectors other than oil. Among the primary beneficiaries of this investment spree are clean energy, mining, and logistics since the Kingdom is keen on becoming a world hub in clean energy, advanced mining, and efficient logistics. The report reminds that to reach the goals of energy transition, announced…

Rich choice of restaurants and eateries is characteristic of Dubai nutritional culture although Afghan food which is rich in taste and rather exotic is not very popular in the city. Afghan food is a mix of Middle Eastern and South Asian cuisine which avails the best of savoring, rich-flavored meals. Here are 5 best Afghani restaurants in Dubai not to miss that will offer you the best of what you are looking for in terms of authentic, mouth-watering food. 1. Afghan Khorasan Kabab House For those who are really into kebabs this place in Al Quoz is quite undiscovered. Offering…

He established that Dubai is converting the Expo 2020 area into the UAE’s first 15-minute city – any necessary services and amenities such as transportation, schools, green spaces and entertainment, among others, should be accessible on foot. It is planned that the first apartments and villas will be ready this year, and full-scale completion of the complex is expected in the first quarter of 2026, the authorities of Expo City Dubai stated. These will include Schools and hospitals and more specifics will be availed as and when required This is part of the development of the city. Civil work is…

Applicants for Schengen visas in the UAE have risen by 20% this summer for the Paris Olympics and Taylor’s Eras Tour. These are thus the fascinating elements of sports, tourist attractions, and legendary music that have created a travel craze among the UAE inhabitants. Visa Application Spike Data by The Visa Services, a specialist in visa matters based in Dubai, shows that the number of the UAE residents who applied for Schengen visa in the second quarter of 2024 was 20% higher than during the same period in the previous year. Europe remains to be one of the most important…

Sky gazers in the UAE are in for a treat this August as the Perseids Meteor Shower event one of the biggest meteor shower of the year takes place. The meteor shower is to last this period with roughly fifty to a hundred shooting stars per hour, with the peak viewing on the night of Monday, August 12, 2024. The Perseids Meteor Shower occurs as the Earth moves through the trail left behind by Comet Swift-Tuttle on its orbit of the solar system, the next time the comet came close to the Earth was 1992. For best results, the advice…

There is also an increased indication of taxi usage in Dubai with 96. 9 million passengers in this year’s trips as against 96. 2m a similar period the previous year. In the first half of 2024 there has been 55,7 million of taxi travelling, 500,000 of which higher than the previous year. There are now 12,778 legal taxis in the city and 4,000 more drivers for them. The Hala Taxi e-hail service that operates through Careem has enabled passengers to order more easily; this year, e-bookings were branded 40 percent of the total. Taxis are also being dispatched faster, 76pc…

Official reports indicate impressive performance by Dubai International Financial Centre DIFC during the first half of 2024, particularly at the occasion of its twentieth year celebration. Such remarkable outcomes assert DIFC’s unstopped contributions to resolving the future of finance and the farther entrenchment of Dubai as the premier environment for innovation and entrepreneurialism.

Oil expert Kamel Al-Harami has confirmed that Kuwait is well-positioned to satisfy the increasing global demand for low-sulfur fuel oil, thanks to significant surpluses from its three main refineries: Some of the related organization include Al-Zour, Al-Ahmadi and Mina Abdullah. This is so stated at a time the kingdom of Saudi Arabia is said to have experienced a sharply declining supply of Russian reformed oil as the demand for this type of fuel continues to soar. Al-Harami said Kuwait sources indicate Saudi Arabian imports of more than 180,000t LSCO in July. This situation was a clear indication that there is…

It has also anticipated that the Indian travelers or residents in the UAE can make instant payments with the help of UPI which is a mobile phone payment system that has a connectivity with the Indian bank account. So, this step obviously endeavors to more conducive, uninterrupted, and free from money – linked transactions. The penetration of the communication systems such as UPI, for example, a digital payment system in India with more than 400 million users, is outstanding; last year, Indians arranged $2. 2 trillion worth of transactions via UPI. Introduced by the National Payments Corporation of India (NPCI),…

Your Emirates ID is the most important card for life in UAE, required to open a bank account, obtain various perks and discounts. More than you would think, this legal requirement holds more information than it seems. The Emirates ID has nine security features according to ICP (Federal Authority for Identity, Citizenship, Customs and Ports Security) making it extremely difficult to fake. Additionally, fingerprint biometrics have been added for extra safety measures. On the front side of the visa card there is your 15-digit identification number which remains permanent. However, what exactly does the ID chip store? Information Stored on…