News

AED5 Billion Jubail Island Launches in Abu Dhabi

Jubail Island, poised to become Abu Dhabi’s most desirable residential sanctuary designed to appeal to wellness and nature enthusiasts, today marked its official launch in the UAE capital. Developed across 400 hectares at an estimated cost of AED5 billion, the diverse and meticulously planned low-density community – designated as an Abu Dhabi investment zone, will comprise a mix of serviced plots, high end and midrange properties that cater primarily to the requirements of nationals and the rental market.

Sobha Realty Posts Record Sales of AED500 million for Q1 2019

Sobha Realty, the leading premium real estate developer, registered a record AED500 million in sales bookings for Q1 2019.

Highlighting the strong investor interest in Sobha Realty’s residential launches, the company’s sales from January to March 2019 are 33 per cent over the target of AED375 million per quarter.  

Sharjah Container Terminal Welcomes M.V. Port Klang, One of Fastest Services Connecting India and UAE

Gulftainer, the largest privately owned independent port operator, welcomed the M.V. Port Klang from Sunmarine Shipping Services on a maiden call at its gateway flagship Sharjah Container Terminal (SCT). The vessel is one of the shipping group’s fastest services between the Indian subcontinent and the UAE.

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Ministry of Climate Change and Environment Signs Agreement to Offset Carbon Impact from Special Olympics World Games Abu Dhabi 2019

The Ministry of Climate Change and Environment (MOCCAE) today signed a memorandum of understanding (MoU) with the Higher Committee of the Special Olympics World Games Abu Dhabi 2019, to launch a joint initiative to cultivate local plants to offset the Games’ carbon footprint.

14th Edition of WAN-IFRA Middle East Conference Highlights Digital Strategies Revolutionising Publishing Industry

His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of State for Tolerance, highlighted the role of the media in connecting people and increasing human engagement around the world during his keynote speech on the first day of the 14th edition of the World Association of Newspapers and News Publishers (WAN-IFRA 2019) Middle East Conference.

Ministry of Climate Change and Environment Seizes 1.7 Tons of Fish Following Surprise Inspection at Waterfront Market in Dubai

The Environmental Compliance Department at the Ministry of Climate Change and Environment (MOCCAE) carried out a surprise inspection at the Waterfront Market in Dubai. Inspectors seized 1,730 kilograms of fish, issued violation tickets to shop owners, fishermen and fish transporters who contravened the nation’s fisheries regulations, and donated the haul to charities to benefit families in need.

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Leading Cryptocurrency Exchange Gemini Joins BT Radianz Cloud Community

BT today announced that leading cryptocurrency exchange and custodian Gemini Trust LLC (Gemini), a New York-based trust company, has joined the BT Radianz Cloud. The move provides Gemini access to one of the world’s largest, secure networked financial cloud communities — which consists of thousands of brokers, institutions, exchanges and clearing and settlement houses — while providing community members access to the growing cryptocurrency market.