Latest news with #Salik
Express Tribune
5 hours ago
- Express Tribune
Gang robs car showroom owner's house
A brazen robbery was committed at the residence of a car showroom owner in PECHS Block 2, on the night of June 25-26. The victim Muhammad Salik returned home at around 3:30am and parked his vehicle outside his residence. A black car pulled up in front of him as he was parking. Two men and three women clad in burqas, got out of the car. One of the men was in FIA uniform. The robbers brandished pistols and forced Salik to lead them to his house. They asked him to open the door, and when his family members heard his voice, they opened it. Once inside, they ransacked the premises, demanding cash and keys to the wardrobe. The thieves made off with a staggering Rs130 million in cash, which they stuffed into bags, along with nine high-end mobile phones, including iPhones and Google Pixels, 20 luxury watches, a smartwatch, 25 exclusive perfumes of different brands, and two laptops. The Ferozabad police registered a case on Salik's complaint against unknown armed robbers at the. The police have obtained CCTV footage and launched a search operation to track down the culprits.
Gulf Today
a day ago
- Business
- Gulf Today
Explore UAE's most traded shares with Plus500: Emaar, Salik, DEWA & more Gulf Network
The United Arab Emirates continues to stand tall as a global business and financial powerhouse. With its striking skyline, anchored by landmarks like Emaar's Burj Khalifa, and advanced infrastructure—from road networks such as Salik to essential services delivered by DEWA—the UAE reflects a forward-looking, high-performing economy. In this dynamic landscape, investors worldwide are showing increasing interest in gaining exposure to top UAE-listed companies. One efficient way to tap into these opportunities is through Contracts for Difference (CFDs) on trading platforms like Plus500. Let's explore it: Start Trading Now Why Consider Trading UAE Shares? From real estate giants to public service providers, several UAE-based firms are among the region's most actively traded stocks. Plus500 enables retail and professional traders to access the price movements of these shares through CFDs—without requiring ownership of the actual asset. With just a few steps, users can open a Plus500 account and begin trading key local shares such as Emaar, Salik, and DEWA. Key Highlights: The UAE remains a vital hub for global trade, finance, and allow investors to speculate on both rising and falling prices without holding the underlying options enable increased exposure, but also amplify both profits and users can trade popular UAE-listed stocks on a regulated, easy-to-use platform. Open an Account Understanding CFDs Contracts for Difference are financial instruments that let traders speculate on the price movements of assets—ranging from individual stocks to commodities, forex pairs, indices, and even cryptocurrencies. CFDs are leveraged, meaning you can gain larger market exposure with a smaller upfront investment. However, it's essential to remember that leverage increases both potential gains and potential losses. Why Trade CFDs on Plus500? Plus500 is a globally regulated trading platform licensed by authorities such as the Dubai Financial Services Authority (DFSA) and the Securities and Commodities Authority (SCA) in the UAE. Features include: . A free and unlimited demo account for practice . Interactive and intuitive trading tools . A rich library of educational resources . The exclusive +Insights tool, which provides real-time data based on millions of trader positions—highlighting the most traded, bought, and sold instruments Trade with Plus500 Now UAE Shares Available on Plus500 Emaar Properties One of the largest real estate developers in the region, Emaar is listed on the Dubai Financial Market (DFM) under the ticker EMAAR. The company is known for iconic projects such as Downtown Dubai and the Dubai Mall. Salik Established in 2007, Salik operates Dubai's electronic toll collection system. It is listed on the DFM under the ticker SALIK and has quickly become one of the most watched transport-sector stocks in the UAE. DEWA (Dubai Electricity and Water Authority) Founded in 1992, DEWA is a key utility provider for Dubai, ensuring reliable electricity and water services across the emirate. The company's shares are traded under the DEWA symbol on the DFM. Trade Popular UAE Shares Now Final Thoughts With its vibrant economy and strong corporate fundamentals, the UAE offers compelling investment opportunities. Platforms like Plus500 make it easier than ever to trade the country's most influential companies through CFDs—offering flexibility, leverage, and access to real-time market data. Whether you're an experienced trader or just beginning your investment journey, trading UAE stocks like Emaar, Salik, and DEWA through Plus500 offers a streamlined way to participate in one of the region's most dynamic markets. Start exploring opportunities on Plus500 today. Trade Now
Khaleej Times
20-06-2025
- Business
- Khaleej Times
Abu Dhabi: Ticketless paid parking comes up at Nation Towers
Motorists in Abu Dhabi can now benefit from ticketless paid parking with another location added in the UAE capital. Salik, Dubai's exclusive toll gate operator, in partnership with Parkonic, a Dubai-based smart parking company, announced on Friday, June 20, that barrierless parking has been added Nation Towers in the capital. The ticketless parking at Nation Towers becomes the fourth location in Abu Dhabi and sixth overall across the UAE, operated by Parkonic. Parkonic's locations in the capital include WTC Abu Dhabi, Shams Boutik, and Arc Tower, while it also operates at the Majestic Towers Sharjah and at the Al Suhub Rest House in Khorfakan. In April this year, Parkonic had added 18 new locations for seamless parking in Dubai taking the total to 24 locations in the city. The new locations that were added in Dubai were Union Coop Nad Al Hamar, Heera Beach, Park Islands, Union Coop Al Twar, Union Coop Silicon Oasis, Union Coop Al Qouz, Union Coop Al Barsha, Cedre Villas Community Centre, Burj Vista, Al Qasba, Union Coop Mankhool, Lulu Al Qusais, Marina Walk, West Palm Beach, The Beach JBR, Opus Tower, Azure Residence and Union Coop Umm Suqeim. The other locations are Dubai Harbour on-street parking, Museum of the Future, Global Village (premium), Sofitel downtown, the Crescent and Central Park. How to use Parkonic app? To use the app, drivers have to create a Parkonic account, register their vehicle license plates and top up their wallets. After entering and parking at any parkonic locations, drivers will find a sign displays the car parking rates. When exiting, parking fees will be deducted automatically from the wallet. Users can also pay via cash before they exit through parkonic pay station at the location.
The Sun
20-06-2025
- Automotive
- The Sun
VinFast joins global push into UAE's expanding EV market
HANOI, VIETNAM - Media OutReach Newswire - 20 June 2025 - As the UAE moves steadily toward an electric future, Vietnam's VinFast is establishing its presence, aligning with government ambitions and shifting consumer preferences. Something electric this way comes to the streets of the UAE, as global EV brands are racing to capture the attention of local drivers. These include some from faraway places like Vietnam, as in the case of VinFast, which has been opening showrooms and hosting brand launches in the GCC nations. It's easy to see why this is the case. Market projections show the UAE's electric vehicle market revenue will reach $1.95 billion by 2025[1]. The people also seem ready for a change: A 2024 survey found that 73% of UAE residents want to buy electric cars, with 50% of participants drawn by the promise of advanced technology, improved fuel efficiency (35%), and enhanced safety features[2]. Almost half view electric vehicles as the future of transportation, with 38% planning to purchase one soon. And for some early adopters, that future is already here, with a 23.6% increase in EV charging usage in Dubai by early 2025, according to Dubai's Electricity and Water Authority[3]. The UAE government recognizes this momentum and acts accordingly. Dubai offers free parking for EV owners, provides complimentary Salik tags, and has been expanding charging infrastructure. One expert even suggested creating an EV-only lane on Sheikh Zayed Road if the government wants to achieve its goal of having half of the cars on its roads be electric by 2050[4]. In that context, emerging brands are all vying for a piece of the UAE market, challenging traditional automakers with fresh design languages, high-tech features, and competitive pricing. The upstart VinFast exemplifies this new wave of car manufacturers. In its home market of Vietnam, a country not historically associated with high-tech car manufacturing, VinFast has managed to build an EV supply chain with a 60% localization rate, aiming for 80% by 2026. The brand has recently become Vietnam's best-selling car brand in 2024, thanks to its comprehensive EV ecosystem that includes widespread charging infrastructure and strong after-sales policies. That local appeal has become the launchpad for expansion across the U.S., Europe, and the Middle East. VinFast's VF 8 model represents the brand's international debut, featuring premium design elements and advanced smart technology that align with UAE preferences for both sustainability and luxury. The VF 8 offers competitive performance metrics alongside industry-leading warranty coverage of 10-year/200,000 km vehicle coverage, 10-year/unlimited mileage battery coverage, and comprehensive after-sales support. The vehicle's refined design language and cutting-edge technology package, including a full set of ADAS and 11 airbags, appeal to drivers who view their cars as extensions of their lifestyle choices. More global players will likely enter the UAE market, drawn by government support, consumer enthusiasm, and infrastructure development. The combination creates ideal conditions for brands willing to invest in long-term success. In that context, new EV brands like VinFast, by diving in early, are actively shaping the future of driving in the UAE, proving that electric mobility can deliver both environmental benefits and exceptional experiences.
Time Out Dubai
16-06-2025
- Automotive
- Time Out Dubai
A car park at Dubai Mall has officially closed — here's what to know
One of the world's biggest malls has announced that a major parking area has now closed. As of Monday June 16, Grand Parking P1 and P2 at Dubai Mall have temporarily closed as part of the mall's ongoing expansion plans. With 694 parking slots, Grand Parking is the smallest of four car parks at the world's busiest mall. The car park, which can be found on the Financial Street side of Dubai Mall, has closed ahead of the opening of New Grand Drive in August. Fashion Parking, Cinema Parking and Zabeel Parking remain open, and shoppers are encouraged to park there instead. Earlier, Dubai Mall had also revealed that several internal roads and access points have been closed or redirected as part of the expansion plans. If your route includes the Lower Financial Exit Ramp or the Upper Financial Exit Ramp then you'll now need to find an alternative way of getting there. Anyone who uses Grand Drive Valet services will also need to keep this in mind when visiting the mall. Traffic for these access routes will be rerouted via Grand Drive and Cinema P3 during the closure. Visitors are encouraged to follow signage in place and to allow extra travel time. Last year, Dubai Mall introduced paid parking for the first time. A ticketless parking system using vehicle plate recognition now deducts fees from Salik accounts of drivers. The mall smashed its own attendance record in the past year with more than 111 million visitors arriving through the mall's doors in 2024. (Credit: Dubai Mall) Dubai Mall is currently home to more than 1,200 retail spaces, including two anchor department stores in Galeries Lafayette and Bloomingdale's, and more than 200 food and beverage outlets. In 2024, Dubai Mall operators Emaar also announced plans for a massive Dhs1.5 billion expansion, which will bring a whole host of new shops and restaurants to the site. It is unclear whether the expansion plans that require the temporary closure of Grand Parking and the closure of access routes are part of the plans announced last year. Dubai nostalgia 8 pictures of what Global Village used to look like from the 90s car park to today The history of Dubai's favorite family day out 19 pictures showing what DXB Airport used to look like From 200 passengers a day to Emirates launch 20 pictures that show how much Dubai has changed from the 1950s to today. Take a look at these unrecognizable photos of the city
