Asia Cup in UAE: Sri Lanka beat Afghanistan in first Super Four clash

Sri Lanka came up with a solid batting effort to defeat Afghanistan by four wickets in the Super Four clash of the DP World Asia Cup at the Sharjah Cricket Stadium on Saturday night. Chasing a stiff target of 176, Sri Lanka were well served by their batting line-up as they got over the line […]

India-UAE flights: Ticket prices remain high even as schools reopen after summer holidays

Even as the summer holidays end for educational institutions in the UAE, airfares from popular Indian destinations to the Emirates remain sky high, expatriates and travel agents have said. In some cases, several families currently in India are waiting until the ticket prices drop so they could return home to the UAE, travel agents revealed. […]

UAE: BEEAH Group opens new recycling facility to produce alternative green fuel from waste

SHARJAH – BEEAH Recycling, a waste processing and material recovery business under BEEAH Group, has added a new Solid Recovered Fuel (SRF) facility to its state-of-the-art, integrated waste management complex in Al Sajaa, Sharjah. The SRF facility will transform commercial residue waste into a high-quality alternative green fuel in cement factories, where the fuel will […]

BEEAH starts operations at its RDF plant in Sharjah

BEEAH Recycling Company, part of Sharjah-based BEEAH Group, has started operations at its Solid Recovered Fuel (SRF) plant, located within the BEEAH Waste Management Complex in Al Saja’a, Sharjah UAE’s official news agency WAM said in a report that the facility will convert commercial waste into high-quality Refuse-Derived Fuel (RDF) for use as alernative to […]

UAE central bank sanctions exchange house for renting out licence

The Central Bank of the UAE (CBUAE) has sanctioned an exchange house operating in the country for allegedly renting out its licence. The administrative sanctions have been imposed on the company’s owner and general manager, pursuant to Articles 87 and 137 of the Decretal Federal Law No. (14) of 2018 regarding the Central Bank and […]

UAE investments in Egypt rise by 169% in 6 months

  The data of the Egyptian Central Agency for Public Mobilisation and Statistics (CAPMAS) has revealed that the value of Emirati investments in Egypt increased to US$1.9 billion (AED6.98 billion) during the first half of the 2021-2022 fiscal year, compared to US$712.6 million (AED2.617 billion) during the same period of the fiscal year 2020-2021, an […]

Erith Group to set up industrial plant in Ras Al Khaimah

Dubai-based Erith Group has announced the establishment of an industrial-scale production plant of sealing products, Erith Industries, at the Al Hamra Industrial Area in Ras Al Khaimah, UAE, which will reduce and eliminate the need to import foreign sealing products and solutions and will eventually increase the export to other countries after meeting the domestic […]

GCC banks’ profits, assets get a major boost from high oil prices

The GCC banks showed strong performance in their bottom lines in the second quarter of this year with net profits and assets reaching record levels, thanks to high oil prices. According to Kamco Invest’s latest quarterly report released on Sunday, GCC banking sector net profits reached another record level of $11.1 billion (Dh40.7 billion) in […]

Mohammed bin Rashid issues law affiliating Dubai Media Inc. to Dubai Media Council

  In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has issued Law No. (6) of 2022 affiliating Dubai Media Incorporated (DMI) to Dubai Media Council and endorsing its objectives, tasks, and organisational structure. DMI was established pursuant to Law No. (8) of […]

Dubai: RTA saves ‘record’ over $23mln using 36 green initiatives

A series of green economy initiatives launched by Dubai’s Roads and Transport Authority (RTA) has resulted in “record” savings of Dh85 million. Through 36 initiatives, the authority has saved 68 million kilowatt-hours of electricity, 55 million gallons of water, 21 million litres of gasoline, and 1.8 million litres of diesel. The authority has achieved a […]