Author: dailyguardian.ae
Developers in Dubai on Wednesday said that they have very stringent anti-money laundering and combating financing of terrorism (AMLCFT) measures in place for the investors buying property in the emirate to ensure that no illegal money flows into their projects. Developers told Khaleej Times that they conduct due diligence on property buyers “not only because it is a legal requirement that is strictly enforced by the UAE, but also for (their) own safety, to ensure that those who invest with (them) can afford to do so legitimately.” As Khaleej Times reported in August 2022, the UAE had tightened real estate…
Deyaar Development PJSC, a leading real estate developer and service provider in Dubai, on Wednesday reported a YoY increase in its Q1 2024 profits compared to the same period in 2023. Deyaar’s net profit before corporate tax for the three-month period ended March 31, 2024 increased to Dh77. 5 million — marking a significant 38 per cent increase from Dh56.4 million in the same period last year. The company’s revenue also increased, reaching Dh327.8 million in Q1 2024, reflecting a 5 per cent increase from Dh312.5 million in Q1 2023. Saeed Mohammed Al Qatami, CEO of Deyaar Development, said: “The…
Connections is the latest puzzle game from the New York Times. The game tasks you with categorizing a pool of 16 words into four secret (for now) groups by figuring out how the words relate to each other. The puzzle resets every night at midnight and each new puzzle has a varying degree of difficulty. Just like Wordle, you can keep track of your winning streak and compare your scores with friends. Some days are trickier than others. If you’re having a little trouble solving today’s Connections puzzle, check out our tips and hints below. And if you still can’t get…
An overwhelming majority of private sector employees in the UAE haven’t received a bonus in the recent past and don’t expect to this year, a poll has found. The poll conducted on Khaleej Times’ WhatsApp channel saw about 900 respondents say they received a bonus in the last 12 months, while over 600 expected to get one this year. In contrast, more than 5,300 respondents said they did not receive the sum and don’t believe they will in 2024. A bonus is a sum of money added to employees’ salaries either as reward for good performance or if the company…
Urban Ledger, a digital fintech, seeks to provide businesses a seamless solution to simplify collections as well as monetizing their loyal base, leading to genuine growth in business. This announcement was made at the Seamless Middle East 2024 in collaboration with the brand’s holding group Vernost. In today’s rapidly evolving marketplace, digitalization is a key driver for local businesses seeking to future-proof their operations. Urban Ledger seeks to alleviate traditional sales constraints such as the need for multiple physical point-of-sale terminals and limited installment options. By introducing a versatile solution, Urban Ledger enables businesses to transcend these barriers, offering the…
NASA is exploring the idea of building a railway on the lunar surface that uses levitating robots to provide “reliable, autonomous, and efficient payload transport on the moon.” The space agency said the Flexible Levitation on a Track (FLOAT) system would play a key role in the daily operations of an astronaut-inhabited lunar base, which NASA is hoping to build in the 2030s as part of the Artemis program. FLOAT would be used to move regolith mined for construction or to transport payloads around the lunar base as well as to and from landing zones or other locations like exploration…
India’s top court on Wednesday ordered the release on bail of an editor jailed in connection with a case alleging his news website received Chinese funding. Prabir Purkayastha was arrested last year after a New York Times investigation alleged his English-language outlet NewsClick had been financially supported by a network pushing Chinese propaganda. Relations between New Delhi and Beijing are tense due to a long-running border dispute that devolved into a deadly troop clash in the Himalayas in 2020 and sent diplomacy between the two nations into deep freeze. Stay up to date with the latest news. Follow KT on…
Al-Futtaim Group, one of the region’s foremost family-owned companies is embarking on a journey of substantial expansion, with a keen eye on fostering its human capital by attracting more talents and nurturing their skills to drive innovation and sustainable growth in line with its vision for the future. “We are looking to dramatically expand our business over the next few years by diversifying our offerings and expanding into new sectors locally and regionally. Therefore, our overall human capital base will grow to some degree in relation to the growth that we are experiencing within the business,” David Henderson, Chief Human…
After their furious comeback tied the series at two games apiece, the Oklahoma City Thunder return home for a Game 5 showdown against the Dallas Mavericks tonight. This one won’t completely decide the series, but tonight’s winner will become heavy favorites to advance. The game is about to tip, at 9:30 p.m. ET, so pick a streaming option below soon. It’ll be televised on TNT, but if you’re looking for ways to stream the NBA playoffs, we’ve compiled a number of different options for watching a live stream of the Mavs vs Thunder Game 5. Watch the Mavs vs Thunder…
Property listing websites in Dubai have been encouraged to integrate their systems with the Dubai Land Department (DLD) website to ensure that all the listings are valid and there are no fake ones. Haider Khan, CEO of Bayut and Dubizzle Group Mena, said integrating the platform with DLD’s system offers several significant benefits for all stakeholders in the UAE real estate market. “Firstly, and perhaps most importantly, it will significantly increase trust amongst property seekers. Users can be confident that the properties they see are genuine and accurately reflect what’s available in the market. This not only eliminates the frustration…