by Vasu Jit Kalia | October 2, 2024 | Insurance
The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to AED2.5 billion in 2023, compared to AED1.96 billion in 2022. This increase was mainly driven by increase in net investment income of the...
by Vasu Jit Kalia | October 2, 2024 | News
Dubai has approved the state-of-the-art ‘Suspended Transport Systems Project’, a 65-km smart mobility system connecting Umm Suqeim Street, Al Khor and Zabeel. The announcement was made on Tuesday by the Executive Council of Dubai as part of its new plan...
by Vasu Jit Kalia | October 2, 2024 | News
Lebanese expats in the UAE are desperately seeking ways to bring their families to safety amid tensions in the Middle East. Compounding their woes is the unavailability of flights, not to mention the prices of tickets that have skyrocketed. Few Flight Options...
by Vasu Jit Kalia | October 2, 2024 | News
Many UAE based airlines have cancelled and rerouted several flights as airspaces were shut in several parts of the Middle East amid rising regional tensions. Approximately 80 flights from around the world operated by airlines such as Emirates, British Airways,...
by Vasu Jit Kalia | October 2, 2024 | News
The UAE Council for Fatwa stated that it is the only authority permitted to issue general fatwas in the country, in accordance with Federal Law No. (3) of 2024. Fines starting from AED10,000 and reaching up till AED200,000 will be imposed on any institution that...
