Author: dailyguardian.ae

Dubai Multi Commodities Centre (DMCC) announced on Monday that total of 2,692 new companies joined it last year, its second-best year on record as companies continue to flock to the free zone’s business district. The Government of Dubai’s authority on commodities trade and enterprise said that the launch of new industry ecosystems, the expanded service offerings and the physical growth of the Uptown Dubai district with the launch of Uptown Tower have driven DMCC’s 2023 growth story. DMCC maintained its leading role as a magnet for foreign direct investment (FDI), accounting for 11 per cent of Dubai’s total FDI inflows…

UAE skipper Mohammad Waseem saluted his bowlers and singled out pacer Junaid Siddique for special praise after the hosts overwhelmed Scotland by eight wickets in the opening match of the T20 series. Siddique (4-14) ran through the Scottish top order, dismissing Oli Hairs with the very second ball of the innings, and then joined forces with Aayan Khan (2-19) and Basil Hameed (2-26) to restrict the visitors to a total of 147 for eight in 20 overs. George Munsey stood like a rock as his colleges departed in quick session, compiling a stroke-filled 75 studded with nine 4s and four…

Sony and Apple have been battling it out at the top of the headphone market for quite a while now, with both the AirPods Max and Sony WH-1000Xm4 being excellent contenders for some of the best headphones out there. That was until Sony came out with the WH-1000XM5, which probably has the best noise canceling in the industry and audio fidelity equal to the AirPods Max. Of course, being at the top does mean it costs a pretty penny, so if you’re thinking of grabbing the XM5, then you’ll want to grab some good headphone deals, and while there aren’t…

Celebrating the holy month of Ramadan, Dubai’s Roads and Transport Authority (RTA) introduced a series of humanitarian and community-driven initiatives under the theme ‘Journey of Good’. These initiatives, in collaboration with volunteers from the RTA and Keolis, Dubai Metro and Tram’s Operator, aim to enhance community engagement and teamwork. A variety of Ramadan-focused activities, events, and initiatives will be delivered, targeting an inclusive community comprising the RTA’s employees, bus, delivery bikers, and truck drivers, along with workers and Abra riders. External initiatives – Modes of Good: Modes of Good is an expanded version of RTA’s Meals On Wheels annual initiative.…

Investors from around the world see reforms across the Middle East and the strong development of regional capital markets have made a compelling case for investment here, according to Nabeel Albloushi, HSBC’s regional head of markets & securities services for the Middle East North Africa & Türkiye (Menat) region. Nabeel was speaking at HSBC’s Menat Future Forum, the region’s largest private gathering of international investors, regulators, exchanges and market participants which was held in Dubai. “The pace of reforms in this region has been phenomenal and stakeholders in each market have a powerful and persuasive story to tell global investors,”…

Right when Apple is reportedly prepping a major design overhaul for the Apple Watch ahead of the upcoming 10th anniversary edition, we are hearing rumors that Samsung is also chasing a similar goal. A SamMobile report claims Samsung is finally going back to its smartwatch roots, eschewing the round display on its current-gen Galaxy smartwatches in favor of a rectangular dial. “The idea is enthusiastically being considered internally and it’s very much on the cards that the switch is going to happen,” says the report. We don’t know whether the design shift is going to happen this year or the…

Mass iftars, moments of solitude, and mouth-watering snacks marked the first day of the holy month of Ramadan. On Monday, the UAE became several amongst those countries around the world where Muslims fasted from dawn to dusk as instructed by Islam to heighten devotion and worship to God. Ramadan is the ninth month of the Islamic lunar calendar and usually lasts approximately 30 days, during which Muslims refrain from food, drink, smoking and sexual relationships from Fajr (morning prayers) until Maghrib (evening prayers). Here are some sights from around Dubai on Day 1 of Ramadan when the atmosphere had a…

There would be no truce in Sudan in the holy month of Ramadan unless the Rapid Support Forces (RSF) paramilitary group leaves the homes and sites of civilians, senior Sudanese armed forces General Yasser Al Atta said on Sunday. The statement follows an appeal by the United Nations Security Council for a truce during Ramadan, which begins this week. The paramilitary RSF said it welcomed the ceasefire call. Atta’s statement, issued on the army’s official Telegram channel, cited recent military advances by the army in Omdurman, part of Sudan’s wider capital. Stay up to date with the latest news. Follow…

The UAE’s gross domestic product is likely to expand by 4.4 per cent this year, according a new report on Monday. The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, projects a slowdown in 2024 as oil production cuts persist. The GCC growth forecast has been revised down to 2.7 per cent from 3.9 per cent three months ago, while non energy-sectors are expected to drive growth in Saudi Arabia and the UAE. Despite the energy sector exerting downward pressure on GCC economic growth, robust non-energy performance is expected to offset some…

Enjoy iftar with animals this Ramadan at Emirates Park Zoo and Resort DUBAI – March 11, 2024: This Ramadan, get ready for an extraordinary family escapade as Emirates Park Zoo & Resort welcomes back the much anticipated “Eat & Feed” for its dazzling third year starting from the first day of Ramadan until the last day. It’s not just an event; it’s a magical journey into a world of wonders, tailor-made for families seeking a truly unforgettable adventure. For just AED 119, unlock the doors to a world of enchantment with our exclusive package. Immerse yourself in the experience with…