Author: dailyguardian.ae

Emirates NBD, Dubai’s largest lender, announced on Thursday a 65 per cent jump in profit for 2023 to Dh21.5 billion, the bank’s highest-ever, on the back of asset growth, a stable low-cost funding base, increased transaction volumes, and substantial impaired loan recoveries. The bank’s asset base jumped 16 per cent in 2023 as the group’s market-leading deposit franchise grew Dh82 billion, with low-cost current and savings accounts adding an impressive Dh30 billion, the lender said in a statement. Lending grew five per cent on strong retail loan growth, coupled with Dh70 billion new corporate lending. “The rock-solid balance sheet makes…

Art therapy is a relatively new therapeutic discipline that offers a unique and expressive pathway to emotional well-being. In fact, it was only in 1971 that the American Psychological Association (APA) officially recognised Art Therapy as a mental health profession. But what exactly is it? Najah Musthafa, an art psychotherapist at Monarch Health Centres in Dubai working in the field for over six years, explains how art therapy can help support people with everything — from expressing their emotions, reducing stress, encouraging self-exploration and insight, to coping with trauma, building self-esteem and effective communication pathways to support relationship building. Introduction…

India’s Virat Kohli won his fourth ICC Men’s ODI Cricketer of the Year award after guiding India to the Cricket World Cup final, the International Cricket Council said on Thursday. Australian opener Usman Khawaja was named the ICC Men’s Test Cricketer of the Year. Australia captain Pat Cummins and England’s Nat Sciver-Brunt were named Cricketers of the Year. Stay up to date with the latest news. Follow KT on WhatsApp Channels. Cummins won the men’s award after a year in which he led Australia to the World Test Championship and World Cup titles. “It’s a huge honour. It has been…

Multiple Country Pavilions to Grace the 2024 Dubai WoodShow Dubai, UAE, 25 January, 2024: The landmark 20th edition of Dubai International Wood and Woodworking Machinery Exhibition (Dubai WoodShow), is set to captivate industry enthusiasts and professionals alike from March 5 to 7, 2024, at the prestigious Dubai World Trade Centre. This annual event, a beacon in the wood industry calendar, promises to showcase the latest trends, innovations, and technologies in the global wood and woodworking machinery sector. A diverse array of country pavilions will grace Dubai WoodShow, offering a unique platform for international exhibitors to present cutting-edge products and advancements.…

Many Wyze products, including the new Wyze Cam Floodlight v2, provide you with local storage via a microSD card slot. This allows you to record footage without the need for a monthly subscription. However, signing up for a Wyze subscription gets you a bunch of useful bonuses — such as professional monitoring and smart alerts. But if you’ve decided you no longer need the extra features, you can cancel your plan at any time. Here’s a look at how to cancel your Wyze subscription through both the smartphone app and desktop website. How to cancel your Wyze subscription on the…

A key suspect in a €40 million (Dh160 million) tax fraud was arrested with the help of Dubai Police, authorities announced on Thursday. The male Italian suspect, who is shown wearing a white t-shirt in a photo supplied by Dubai Police, was apprehended at the Dubai International Airport (DXB). He travelled to the UAE from Japan. He is allegedly a key figure in an organised crime syndicate involving an extensive tax fraud scheme conducted through companies based in Spain, Romania, and Estonia but operated from Italy. Stay up to date with the latest news. Follow KT on WhatsApp Channels. False…

French President Emmanuel Macron was given a red carpet reception in India on Thursday with a welcome parade of elephants, as France eyes lucrative deals with the world’s fifth-largest economy. Prime Minister Narendra Modi is to host Macron for a banquet in a 19th-century maharaja’s palace on Thursday evening, and on Friday he will be the chief guest at a colourful military march-past with massed ranks of tanks, camel cavalry and a fighter jet fly-past. India’s foreign ministry says New Delhi and Paris are “strategic partners”, while the French presidency says the trip will “consolidate and deepen diplomatic and economic…

Language evolves over time, with new words emerging and the meanings of existing ones undergoing alterations. Neologisms can be invented, old words that have fallen out of use can be resurrected, existing words can be imbued with new connotations, and loan-words can be employed to denote new items. And so it is with the ever-progressing realms of computer and information technology, which have brought with them their own terminology. The term “computer” denotes “a programmable digital electronic device that performs mathematical or logical operations”. Its origin can be traced back to the Latin word computare, which means “to calculate, count,…

The new-look Dubai World Cup Carnival continues its evolution with the launch of Fashion Friday, the second of three major, themed meetings that are aimed at enhancing the overall status of the popular racing festival and attracting more horses and connections from around the GCC and the world. As its name suggests, tomorrow’s Fashion Friday race meeting at Meydan racecourse will celebrate all that is great about high-calibre flat racing with a showcase of fashion and glamour which sets it apart from other sports events in the county. “Fashion Friday is at the heart of the restructuring that the Dubai…

Diversity, Authenticity, Value for Money: Report Reinforces Dubai’s Position as a Global Gastronomy Hub Second edition of Dubai Gastronomy Industry Report released to industry leaders, culinary key stakeholders, partners, and F&B experts Key survey findings highlight growing enthusiasm for Dubai’s culinary ecosystem and a surge in dining out among residents Dubai Department of Economy and Tourism unveils upcoming plans for the sector Dubai, United Arab Emirates: 25 January 2024: A new report released by the Dubai Department of Economy and Tourism (DET) has underlined the city’s growing status as a leading destination in the global culinary landscape, with a 61…