Search results
Results from the WOW.Com Content Network
In July 2024, Samco Petroleum Energy FZE, located in Hamriyah Free Zone, was put up for sale for $17.7 million, with a promise to provide a turnkey oil trading operation. The sale emerged amidst the US sanctions imposed on several oil traders in the UAE's free trade zones, particularly Hamriyah, for continuing business with Iran and Russia.
The United Arab Emirates [b] (UAE), or simply the Emirates, [c] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula.It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. [13]
The UAE has a fast-growing economy: in 2006 the per capita income grew by 9%, providing a GDP per capita of $49,700 and ranking third in the world at purchasing power parity. Abu Dhabi's sovereign wealth fund , the Abu Dhabi Investment Authority (ADIA), currently estimated at $875 billion, is the world's wealthiest sovereign fund in terms of ...
Sharjah has been officially named as a WHO healthy city. [6] The 2016 edition of QS Best Student Cities ranked Sharjah as the 68th best city in the world to be a university student. [7] Sharjah is regarded as the cultural capital of the UAE, [8] [9] and was the Islamic culture capital of 2014 [10] and Sharjah World Book Capital for 2019 by ...
The UAE witnessed a record-breaking rainfall in a 24 hour period, surpassing Emirati meteorological data since records began in 1949. According to the National Centre of Meteorology, the highest rainfall was recorded in the Khatm Al Shakla area in Al Ain , reaching 254.8 mm (10.03 in) in less than 24 hours. [ 8 ]
The four-speed was still used in some lower specificationed units, presumably to run out stock. A high roof ("Super Roof") version of the wagon was added at the same time along with the SD33T turbo-diesel option. With 110 PS (81 kW), the turbodiesel can reach 145 km/h (90 mph). [3] The naturally aspirated SD33 diesel engine was updated at this ...
It is the seventh-largest city in UAE, located on the Gulf of Oman (part of the Indian Ocean). It is the only Emirati capital city on the UAE's east coast. The city of Fujairah is an industrial and commercial hub located on the west coast of the Indian Ocean that sits at the foothills of the Hajar Mountains. [4] [5] [6]
Since 2020, consumption and procession of alcohol has been decriminalised federally for all faiths and individual emirates were given the power to regulate alcohol sales in their emirates; Sharjah maintains its ban on the sale of alcohol, and Dubai still requires alcohol licenses for the purchase of alcohol outside bars and restaurants. [22]