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Scott Bond Property FInder UAE Country Manager

Cover story: Property Finder’s Scott Bond on why Dubai is a pioneer in real estate

The country manager of Dubai’s real estate platform envisions the emirate to lead the way in digital advancements, inclusivity and investments. Here’s why

UAE weather

UAE weather update: Temperatures to hit highs of 47ºC

The country recorded its lowest temperature of 17.3°C in Jabal Jais at 5.15am local time today

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Misleading advertisement, promotions punishable offence in UAE

Violators will face stiff penalties, including imprisonment and a financial fine

How wealth advisory must be customised for the new generation

Millennials and Gen Z are increasingly take their place in the boardrooms of family businesses

Jones the Grocer

Jones the Grocer’s Yunib Siddiqui on the retail chain’s expansion

Jones the Grocer has 24 stores and cafes across the Middle East. Yunib Siddiqui, the CEO spoke to Gulf Business about growing his food retail business

AD Ports Group

AD Ports Group to launch logistics and freight services in Uzbekistan

The joint venture with Enter Engineering Group will include sea, land and rail logistics, warehousing, contract logistics and customs clearance

DMCC

Dubai’s DMCC signs agreement with Brooklyn Chamber of Commerce

The two entities will work together on a number of initiatives to promote bilateral trade and support the expansion of American businesses in Dubai

Covid-19

UAE reports 1,084 Covid-19 cases, 876 recoveries

The nationwide case count has risen to 915,068

Dubai chamber

Dubai Chamber strengthens partnership with Dubai Land Department

The representatives from both teams shared their experience and best practices in digital transformation and customer service

UAE President Sheikh Mohamed meets Israeli Prime Minister

The two leaders discussed cooperation and development opportunities in various sectors

UAE’s trade surplus with GCC countries equals Dhs134.7bn in 2021

UAE imports from GCC countries in 2021 increased to Dhs56.3bn, compared to Dhs43.8bn in 2020

Dubai

Dubai welcomes 5.1 million visitors in first four months of 2022

The emirate’s hotel occupancy stood at 76 per cent during the January-April period

UAE customers

Over 90% of UAE customers say experience is as important as products – survey

The Salesforce’s ‘State of the Connected Customer Report’ reveals how trust, personalisation and digital-first experiences are central to customer needs

UAE Covid-19

UAE Covid-19 cases cross 1,000, highest in almost four months

The nationwide case count has risen to 913,984

ADQ

Abu Dhabi’s ADQ, Jordan’s Ministry of Digital Economy and Entrepreneurship launch $100m tech fund

The fund will be dedicated to tech startups and companies specialised in sectors such as telecommunications, financial services and education, among others

vfs

Summer beckons: A quick visa guide by VFS Global

Monaz Billimoria, deputy regional head – UAE and Qatar at VFS Global, discusses all things visa with Gulf Business ahead of the summer holidays

Rapyd DIFC

Fintech Rapyd becomes first DIFC-registered Israeli company

The company plans to hire 120 employees in Dubai across the R&D, product, operations and HR departments within the next 18 months

Dubai-Internet-City Tecom Group

Tecom Group to list 12.5% of shares on Dubai Financial Market

The company expects to pay a dividend amount of Dhs800m per annum over the next three years

Oil prices

Oil prices are ‘nowhere near’ peak yet, says UAE minister

The UAE is the third largest producer in OPEC

Midday work break in the UAE to start from June 15

Under the rule, working under direct sunlight will not be allowed between 12.30-3pm

DEWA

DEWA builds three water reservoirs worth Dhs550m in Dubai

These will include one in Nakhali area with a storage capacity of 120 MIG, Lusaily area with a storage capacity of 60 MIG and in Hatta with a storage capacity of 30 MIG

Covid-19

UAE reports 867 Covid-19 cases, 637 recoveries

The nationwide case count has risen to 912,953

Private Schools

Fees fact sheet now available for all private schools in Dubai

The fact sheet includes all fees a school may charge during an academic year

UAE Monkeypox

UAE detects five new cases of monkeypox

The ministry called for obtaining information from official sources in the UAE

UAE and Japan strengthen bilateral ties in various sectors

The meetings focused on UAE’s preparations to host COP28 in 2023 and strengthen economic, energy and industrial cooperation between the two countries

Gupta Brothers accused of defrauding South Africa arrested in Dubai

The Dubai police made the arrests after receiving a red notice for the Gupta brothers from Interpol

Dubai Chamber Israel meeting

Dubai International Chamber to open representative office in Israel

Dubai International Chamber has identified the Israeli market among its top 30 priority markets

Abu Dhabi Securities Exchange

Abu Dhabi Securities Exchange’s market capitalisation hits $545bn

The market value of shares owned by foreign investors in Q1 2022 jumped 163 per cent to total Dhs131bn

Abu dhabi judicial

Abu Dhabi Judicial Department launches auction app to bid directly

The app also has the ability to bid directly from a distance and complete all procedures in easy steps, in accordance with established legal procedures

Covid-19

UAE reports 572 Covid-19 cases, 530 recoveries

The nationwide case count has risen to 912,086