Author: Desk Reporter

Desk Reporter

The above news/article was published by a desk reporter at Emirati Times who sourced, compiled, and corroborated this content. For any queries or complaints on the published material, please get in touch through WhatsApp on +971 5060 12456 or via Mail (at) Emirati Times (dot) com

In the vast expanse of the global financial ecosystem, forex trading stands out as a pivotal domain, characterized by its high liquidity, 24-hour market operations, and vast array of participants ranging from central banks to retail investors. Specifically, in the United Arab Emirates (UAE), forex trading has seen a significant uptick in activity, fueled by the nation’s strategic economic policies, advanced technological infrastructure, and its position as a financial hub in the Middle East. This article delves into the current trends shaping the global forex market with a focus on the UAE, and projects the future directions this dynamic market…

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Sharjah: The Sharjah Press Club, under the Sharjah Government Media Bureau, has announced the schedule for the 13th Sharjah Ramadan Majlis. The event, patronized by H.H. Sheikh Sultan bin Ahmed Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, is set to take place from March 18 to 21 at the Al Majaz Amphitheatre. This year’s edition will feature sessions on religion, sports, art, and entrepreneurship, led by distinguished speakers and experts. Sports Session: Football Talent Development The sports-focused session will kick off the Majlis on March 18, with international football star Luka Modric leading the…

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Abu Dhabi: The Federal Appeals Court has adjourned a hearing concerning terror charges against 84 individuals associated with the “Justice and Dignity Committee” organization, aiming to provide additional time for the defense to present their pleas. This decision pertains to Case No. 87 of 2023, in which the accused are charged with establishing a covert terrorist organization within the UAE. The charges leveled against them include the formation of a terrorist group, plotting attacks, fundraising, and concealing the sources of their funds. During a session attended by the families of the defendants and media representatives, defense attorneys contested the prosecution’s…

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Dubai’s emergency response units have showcased exceptional preparedness amid challenging weather conditions, efficiently managing emergencies across the emirate. A coordinated effort involving 2,300 personnel from Dubai Municipality, the Roads and Transport Authority (RTA), Dubai Police, the Mohammed Bin Rashid Housing Establishment, and Nakheel was initiated to tackle the fallout from severe rains battering the UAE over the weekend. Equipped with an arsenal of over 700 pieces of machinery, including 250 tankers and 300 rainwater pumps, alongside more than 180 emergency and field survey vehicles, the teams were well-prepared to handle the resultant water-logged scenarios. During a single day, from 06:00…

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Sharjah: Sheikh Dr. Sultan bin Muhammad Al Qasimi, officially opened the much-anticipated Hanging Gardens in Kalba. Spanning 1.6 million square feet and reaching 281 meters above sea level, the gardens boast over 100,000 trees, cascading waterfalls, and vibrant flowers adorning terraces. The Sheikh toured the gardens, enjoying student performances and inspecting features like playgrounds, mountain climbing trails, and a central restaurant with panoramic views. The restaurant offers 215 seats and complements a traditional wooden eatery perched even higher for breathtaking vistas. The gardens cater to all ages with designated play areas, three-level skiing facilities, and an excursion train traversing the…

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UAE Weather Update: The National Centre of Meteorology (NCM) has denied rumors that the storm affecting the UAE is over. While the worst of the weather is expected to ease this night, Saturday, March 9th, residents should be aware of continued rain, particularly in eastern and northern parts of the country on Sunday. “There is still heavy rain in Abu Dhabi and Dubai,” NCM forecaster Maha Al Hashemi confirmed. Grey clouds with intermittent rain, lightning, and thunder are reported across the country. The cloud cover is expected to gradually decrease tonight and Sunday morning, with some lingering activity in eastern…

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Abu Dhabi: The Emirates Foundation and PureHealth have joined forces to launch the ‘Active Abu Dhabi initiative’, a year-long program promoting active and healthy lifestyles in the Emirate. The initiative kicks off on March 18th, 2024 with a 14-day walking challenge called “First Steps” at Umm Al Emarat Park. This free event is open to all fitness levels and will offer daily challenges, information sessions, and prizes. Active Abu Dhabi aims to build on Abu Dhabi’s existing progress in physical activity, with 37.3 percentage of residents already meeting World Health Organization guidelines. The program hopes to further increase sports participation,…

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Dubai: Etihad Airways has issued a warning to travelers to stay informed about their flight schedules due to expected adverse weather conditions, including heavy rain, impacting the UAE until March 10. The airline encourages passengers to visit etihad.com for the latest updates and to allow extra time for airport travel. Despite the inclement weather, flights departing from Abu Dhabi Zayed International Airport are operating as scheduled. Etihad emphasized that the safety and comfort of its passengers and crew remain a top priority. Several flights destined for Dubai were diverted to alternative airports, including Zayed International, Al Maktoum International, Muscat International,…

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Dubai: Hari Shankar Tibrewala, the Dubai based Indian entrepreneur is under scrutiny by India’s Enforcement Directorate for his alleged involvement in laundering money from illegal betting operations through investments in shares of companies listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The Tibrewala’s operation, linked to the MOB betting app, is accused of using a complex network of benami (proxy) bank accounts for money laundering and facilitating illegal betting platforms. The Indian authorities have frozen 13 accounts believed to be closely associated with Tibrewala in connection with the case. They are as follows: Ability Games Pvt…

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Dubai: The inauguration of a new Lulu Hypermarket at the Dubai Outlet Mall was celebrated on Friday, marking the group’s 25th outlet in the city and its 296th worldwide. Yusuff Ali MA, Chairman of Lulu Group, shared the ambitious goal of expanding the group’s global footprint to 300 outlets within the next year. Yusuff Ali emphasized the strong demand in the UAE and GCC region, noting that while inflation concerns have diminished, shipping remains a challenge. However, he is optimistic as governments worldwide are seeking solutions to support retailers. The opening ceremony was attended by Abdulla bin Touq Al Marri,…

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