Author: dailyguardian.ae
Blocked funds are a major challenge in Middle East and North Africa (Mena) as around $805 million (Dh2.95 billion) worth of funds are blocked by regional countries, according to the International Air Transport Association (Iata). Data showed that Egypt has the highest amount of funds at $348 million followed by Algeria ($199 million), Lebanon ($154 million), Sudan ($30 million) and Yemen ($17 million). “Block funds remain our big issue in the Mena region. We call on the Egypt government to work with the aviation industry to try to reduce this large block, which is the second largest globally. We have…
A hyphen, as we all know, is a brief horizontal line employed to link two words together or to unite syllables within a word that have been split by the line break in a printed text. It indicates which word belongs to which, and saves readers from wasting time in figuring that out. The term originates from the Greek word “huphen”, which signifies “together”. The ancient Greeks proposed a sublinear hyphen (‿) positioned beneath the words to establish a connection. Modern writing simplified that into -. Shakespeare, or Shak-speare as some spelled it during his time, stands out as the…
Some of the UAE’s best speedballs will bid to lay down a marker for the rest of the season’s dash-for-cash races when they line-up in the Listed Garhoud Sprint, the feature race of an attractive nine-race card at Meydan Racecourse on Friday. Run over 1,200 metres on the iconic venue’s dirt track, the Garhoud Sprint is the middle leg of the inaugural three-race Emirates Sprint Series (ESS) which was preceded by the HH Sheikh Ahmed bin Rashid Al Maktoum Cup at Sharjah and will culminate in the Listed Jebel Ali Sprint on February 10, 2024. The ESS rewards any horse that…
DUBAI SHOPPING FESTIVAL REVEALS IMPRESSIVE LINE-UP OF STRATEGIC PARTNERS FOR 29TH EDITION Dubai, United Arab Emirates, 7 December 2023: The 29th edition of the Dubai Shopping Festival (DSF) the world’s favourite retail festival, is just days away. This annual festival has long played a vital role in supporting Dubai’s economy – helping to establish and then cement Dubai’s standing as a global retail capital, and the best city in the world to live, work and visit. Each year, the festival makes a positive impact on tourism, contributing to the city’s economy by attracting visitors from across the region and globally, and…
If you’ve been thinking of buying a new fitness tracker, you have a wide selection of options to choose from. Fitbit is a name you’re bound to have heard of, as it’s one of the top brands in the fitness industry, with more than a dozen varieties of fitness trackers and smartwatches to suit different needs. With that number of devices to choose from, it’s not hard to see why people might become overwhelmed when choosing between them. Thankfully, there are definitely Fitbits that excel in certain areas, and as such, it’s not too hard to narrow down your choice…
Landed a new job and planning to move to the UAE? Renting a house or buying one? For all these reasons and more, it is vital to have a personal bank account in the UAE. The benefits of holding a personal bank account are immense. Apart from keeping your savings safe and secure, an account allows you to deposit your income directly into a bank, pay your rent and utility bills with ease, and conduct various other transactions. Two types of accounts There are two types of accounts — a savings and a current account. A savings account helps you…
Saudi Arabia and Russia, the world’s two biggest oil exporters, on Thursday called for all Opec+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers’ club. Hours after Russian President Vladimir Putin went to Riyadh in a hastily arranged visit to meet Saudi Crown Prince Mohammed bin Salman, the Kremlin released a joint Russian-Saudi statement about the conclusion of their discussions. The Organisation of the Petroleum Exporting Countries, Russia and other allies agreed last week to new voluntary cuts of about 2.2 million barrels per…
Dubai Taxi Company (DTC) shares soared as they listed on the Dubai Financial Market on Thursday, rising 19.459 per cent during the day to close at Dh2.21. DTC was the highest traded share both in terms of value and volumes. A total of 113,021,176 shares changed hands, with a value of Dh246,634,380.19, according to DFM data. The offering saw significant demand from international and regional institutional investors and retail investors in the UAE, with total demand amounting to over Dh150 billion (equivalent to approximately $41 billion), implying an oversubscription level of 130 times in aggregate. This represents the highest oversubscription…
Renowned pianist Kevin Chen, celebrated for his triumphs in prestigious international competitions, including the Arthur Rubinstein Piano Master Competition and the Concours de Genève, is set to captivate Dubai on December 10 at the Dubai Opera. As part of the VIP Classical initiative by SAMIT Event Group, Chen’s solo recital promises a splendid musical journey. In a conversation with City Times, the pianist reflects on the impact of his recent successes in international competitions, acknowledging their role in gaining recognition and expanding his audience. Excerpts from the interview: You’ve achieved remarkable success in several international competitions, including the recent 2023…
I started my Instagram account (@tamreezi) dedicated to books back in 2017. For me, it was a way of cataloguing the books I was reading and to find other readers to discuss those books with, since none of my friends read much or the few who did, could never get the momentum for a book club. With Bookstagram, I found other readers who shared my passion and whose recommendations I began to trust and look forward to. I made friends and found my ‘online tribe’. I also enjoyed the creativity of taking nice pictures of books, focusing on bright photos…