Batelco reaches top 10 globally in Global Mobile Speed Rankings
Batelco reaches top 10 globally in Global Mobile Speed Rankings...
Month : February 2022
Aldar reports AED2.33 billion in net profit in 2021, an increase of 21 percent
Aldar Properties announced its preliminary financial results for the full year of 2021, reporting revenues of AED8.58 billion, up 2 percent year-on-year, a gross profit of AED3.60 billion, up 21 percent year-on-year, and a net profit of AED2.33 billion, up 21 percent year-on-year, highlighting the resilience of Aldar’s diversified business......
BMW X2 Edition GoldPlay – sporting prowess meets exclusivity
The new special edition of the compact Sports Activity Coupé dials up the dynamic aura, adds visually striking exterior touches and creates an interior ambience distilled to maximize driving pleasure. The BMW X2 xDrive25e plug-in hybrid, super-sporting BMW X2 M35i and all other engine variants will be available in this......
Porsche launches refined and exclusive Cayenne Platinum editions
Porsche is launching a new Platinum Edition of selected Cayenne models. This special-edition of the SUV is characterized by exclusive coordinated design elements in a satin Platinum paint finish as well as by extra standard equipment. The result is a particularly stylish appearance coupled with an attractive price. Platinum Editions......
Golden Residency Visa has been introduced in Bahrain
The Kingdom of Bahrain announced the launch of the ‘Golden Residency Visa’ for residents and non-residents, with applications being processed electronically immediately upon meeting the criteria. According to the Kingdom, this move will serve as a catalyst to attract foreign investment. As part of the Economic Recovery Plan, Bahrain has......
F1 Gulf Air Bahrain Grand Prix 2022 begins with its first practice
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, toured the Bahrain International Circuit (BIC) following the first practice session of the Formula 1 Gulf Air Bahrain Grand Prix 2022 race. The Prince explained how the Kingdom has become a global destination for motorsport......
UAE allows travel to 12 African countries previously on travel curbs list
The General Civil Aviation Authority (GCAA) and the National Emergency Crisis and Disasters Emergency Management Authority (NCEMA) have announced the removal of travel curbs to 12 African countries for citizens who are fully vaccinated and who have received a booster dose of the approved COVID-19 vaccines, from Sunday, 6th February......
ADNOC announces gas discovery offshore of Abu Dhabi
The Abu Dhabi National Oil Company (ADNOC) announced today the discovery of natural gas resources offshore of the Emirate of Abu Dhabi. Interim results from the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession operated by Eni, indicate between 1.5 to 2 trillion standard cubic feet (TSCF)......
Aldar Properties acquires Al Hamra Mall for AED410 million
Aldar Properties PJSC (Aldar), through its Aldar Investment business, has made its first investment in Ras Al Khaimah, acquiring the 27,000 sqm Al Hamra Mall developed by Al Hamra, a Ras Al Khaimah based real estate development and investment company, for a total consideration of AED410 million. The transaction adds......