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rupee

Rupee approaches record low; still favoured among EM Asian peers by investors

The rupee closed at 83.1062 to a dollar on Friday, August 18, within striking distance of its record low of 83.2912 touched in October last year

UAE upcoming public holiday

UAE public holiday 2023: Prophet Muhammad’s birthday sets up a long weekend in September

The next potential long weekend for those working in the UAE is a month away as the country gears up to celebrate Prophet Muhammad’s birthday

Abu Dhabi road closure

Abu Dhabi: Partial road closure on Corniche Street, Sheikh Zayed bin Sultan Street to end on this day

The Integrated Transport Centre has issued notifications for partial and complete road closures in Abu Dhabi

Canada's Record Wildfire Season Set to Worsen as Heat Builds

Raging wildfires trigger mass evacuation in Canada’s Northwest Territories

Canada is experiencing the worst wildfire season on record with more than 1,000 active fires burning across the country

ISRO Chandrayaan-3 Moon mission

ISRO Moon mission Chandrayaan-3 gets closer to soft-landing with deboosting

The lander module will descend to a lower orbit as it gets closer to the Moon’s surface

weekend

Sharjah introduces rules regulating mosques, Islamic activities

The decision includes legal articles related to regulating the construction, modification and maintenance of mosques

Donald Trump indicted over attempt to overturn Georgia 2020 Presidential election results

Donald Trump indicted over attempts to overturn Georgia’s 2020 Presidential Vote

This is the fourth criminal case against the former president as he campaigns for the White House

Pakistan Independence Day

UAE leaders congratulate President of Pakistan on Independence Day

The country is celebrating its 77th Independence Day on August 14, 2023

Hawaii wildfire burns down town of Lahaina

Hawaii wildfire death toll rises to 93 as experts look into cause of ignition

The blaze that burnt down the town of Lahaina, damaged 2,207 structures with an estimated capital cost of $5.5bn

KBBO Group debt pile

Abu Dhabi revises hotel fees to boost hospitality sector

The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1

Smart Salem to expand UAE residence visa processing services in DIFC image Dubai Media Office DIFC

Smart Salem, DIFC Services to expand UAE residence visa processing services

More than 100,000 customers have availed residency services and completed medical tests across Smart Salem’s three centres over the past 12 months

ACWA Power H1 2023 results Image Acwa Power

ACWA Power H1 net profit rises 26% to SAR684m

Operating income — before impairment, loss and other expenses — for the six-month period stood at SAR1,289m

ADFD Tanzania sign loan agreement Image ADFD

Abu Dhabi Fund for Development finances Dhs110m energy security project in Tanzania

The project’s financing will reduce energy import dependency, stimulate economic activities, develop existing industries and create job opportunities for the population

Dubai Public Prosecution enables smart Fine payment service

Dubai Public Prosecution launches fine payment service, enables travel ban to be lifted automatically

The service enables parties in a criminal case to pay the issued fine and automatically have their travel ban lifted after the court’s verdict is issued

Barbie is a big hit on the box office Image Getty Images

Barbie movie: Global ticket sales cross $1bn; set for Aug 10 release in UAE

Barbie, starring Margot Robbie and Ryan Gosling, was released in the US on July 21

Where to watch the Perseids meteor showerin the UAE Image Getty images

Perseids meteor shower 2023: How to watch it in the UAE

The Dubai Astronomy Group is hosting a viewing event at Al Awir desert on Saturday, August 12, from 10pm to 3am

DFSA FIU sign Mou to fight financial crime

UAE: DFSA, Financial Intelligence Unit join hands against financial crime

The agreement aims to enhance co-operation, co-ordination and information sharing between the DFSA and FIU to fulfill their respective obligations related to AML/CFT compliance

Dubai Police adds Mercedes EV SUV to fleet Image Dubai media Office Dubai Police twitter

Dubai Police has added this new luxury EV to its fleet

The luxury EV features a 516hp dual-engine capable of accelerating from 0-100kmph in just 4.3 seconds

Hilton to open over 50 properties in Saudi Arabia onrad Riyadh Laysen Valley

Hilton to quadruple its presence in Saudi Arabia, aims to open over 50 new hotels

Hilton currently operates 16 hotels in Saudi Arabia, including Waldorf Astoria Jeddah – Qasr Al Sharq, Conrad Makkah, and Hilton Riyadh Hotel & Residences

Suhail star

End of summer 2023: Sighting of the Suhail star indicates cooler days

The rising of the Suhail star is a celestial event tracked by astronomers across the Middle East as it marks the end of the extreme heat and heralds the approach of temperate weather

Dubai maritime authority introduces new decision on transparency of local sea container chaerges Image courtesy WAM

Dubai: Transparency of local sea container charges improves with new rule

The decision outlines five important changes which will help ensure the adoption of global best practices across Dubai’s maritime ecosystem

McDonald's UAE Umm Suqeim All-female Team at restaurant launch Image McDonald's UAE

McDonald’s UAE opens first outlet with all-female staff, features partial solar PV roof, EV charging ports

The latest venue features another ‘first’, as the branch has also introduced curbside ordering, allowing customers to place orders digitally from designated parking spaces

Russia to issue e-visa for 19 countries including India from August 1 Image Getty Images GettyImages-877839566

Russia to issue e-visas to Indian passport holders from August 1

In February, the Russian Prime Minister signed a decree approving facilitated visa regime for citizens of 19 countries, including India and the Philippines

Abu Dhabi DMT announces H1 real estate transactions Image Abu Dhabi DMT

Abu Dhabi real estate sector records over Dhs46.33bn in deals in H1 2023

Al Saadiyat Island topped the list with transactions worth Dhs3bn, with Yas Island coming in at second place with transactions worth Dhs2.6bn

UAE MoF announces penalties for Corporate tax violations -Photo-courtesy WAM

UAE announces penalties for corporate tax violations

Under Cabinet Decision No (75) of 2023, penalties will be imposed on taxable persons who do not comply with the UAE corporate tax law effective from August 1

ETIC reports Q2 2023 results Image: Du EITC

UAE telco du sees Q2 net profit rise 31.2%

On the basis of the Q2 2023 results, the company’s board of directors has approved the distribution of an interim half year cash dividend of Dhs0.13 per share

Dubai Government mulls implementation of Common Law in Free Zones Dubai Airport Free Zones Image Dubai Media Office

Dubai explores implementation of common law in free zones

This potential adoption aims to bolster the emirate’s appeal for investors and Dubai’s global competitiveness

Turkey earthquake

Earthquakes strike central Turkey; Indonesia’s Nusa Tenggara

The earthquake’s epicentre was in the country’s Adana province and tremors were felt across the eastern and southern parts of the country

UAE corporate tax

UAE public holidays: When is the next long weekend in 2023?

The UAE Cabinet has granted the public and private sector equal official holidays in order to streamline work

DIFC Courts sets new record with AED 15 billion in claims in H1 2023 Image: DIFC Courts

DIFC Courts reports Dhs15bn in claims value in H1 2023

There was an increase in the total number of cases across all divisions, with 455 cases filed