Recovery

Toyota saw market share increase of 4% with a strong performance in passenger cars. The legendary Supra recorded an increase of 27% in segment share from the same period last year Mid-size SUV segment drives brand performance with increased sales and 3% market share uplift versus Q3 2019 Toyota’s SUVContinue Reading

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MEA Energy Week virtual conference reveals 10 priorities

Ten key priorities for successful long-term energy transformation Decarbonized energy systems build more sustainable, inclusive, and resilient economies More than 2,500 people joined the virtual conference Siemens Energy today published the main priorities to enable facilitate a successful long-term energy transition and enable countries to thrive in the lower-carbon world.Continue Reading

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MEA Energy Week virtual conference reveals 10 priorities

Ten key priorities for successful long-term energy transformation Decarbonized energy systems build more sustainable, inclusive, and resilient economies More than 2,500 people joined the virtual conference Siemens Energy today published the main priorities to enable facilitate a successful long-term energy transition and enable countries to thrive in the lower-carbon world.Continue Reading

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Dubai Customs launches month-long breast awareness campaign

In conjunction with the breast cancer awareness month, and as part of its social commitment, Dubai Customs, represented by the Women’s Committee, launched an awareness campaign titled “You Have the Power”. The campaign introduced a number of health awareness activities over the month of October including 3 health awareness videoContinue Reading

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Gulf Brokers: What’s the next stop for Gold?

Dubai, United Arab Emirates,  (AETOSWire): Gold price surged more than 28% so far this year and hit a new all-time high of $2,074 in August. This year, the gold price rally has been driven by a combination of rising coronavirus cases, weakness in the USD, lower interest rates, major geopoliticalContinue Reading

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Dubai Culture welcomes visitors to Al Fahidi Historical Neighbourhood

This step comes in line with the Authority’s vision of strengthening Dubai’s position as a thriving global centre for culture. Making culture available everywhere and for everyone as well as encouraging all segments of society to participate. Part of the Authority’s plans to ensure the recovery of the cultural andContinue Reading

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RAKBANK Reports Nine Months Ended 30 September 2020

United Arab Emirates, 22 October 2020: The National Bank of Ras Al-Khaimah (“RAKBANK”) announced a consolidated net profit of AED 438.6 million for the nine-month period ended 30 September 2020. Third quarter earnings were lower due to reduced income resulting from a subdued loan demand and higher IFRS 9 provisionsContinue Reading

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EU Citizenship Programmes available to investors after Cyprus suspended its own

Portugal Golden Visa Programme is ahead of other EU CBI Programmes With the success story of the Cypriot Citizenship-by-Investment Programme has come to an end, Investors are left with fewer options to acquire an EU citizenship through investment. The Cyprus Government has announced the suspension of their Citizenship-by-Investment Programme (CIP)Continue Reading

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Abu Dhabi residential sales gained pace in Q3;

Average apartment and villa sales prices declined marginally by 0.6% and 0.2%, respectively q-on-q; Tapered rate of decline in the rental market with average rates down by 1% for apartments and 0.5% for villas, in Q3 Transaction volumes increased over Q3, with market activity gaining pace  Abu Dhabi’s real estateContinue Reading

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Emirates Integrated Telecommunications Company PJSC announces

41.6% quarter-over-quarter growth in its Adjusted Q3 Net Income and 116.2% year-over-year growth in its Q3 2020 Net Income Dubai, UAE, 21st October 2020 – Emirates Integrated Telecommunications Company PJSC (“EITC”) published today its financial results for the third quarter of 2020. It reported (a) a strong 41.6% quarter-over-quarter growthContinue Reading

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