du UAE FA Academy League is almost underway and the participating teams are known. du UAE FA Academy League has unveiled the teams participating in the first season for the U17 category. This tournament is the first in its kind in UAE because it organized …
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Kim Kardashian travels to Dubai for first public appearance since Paris robbery
Kim Kardashian’s return to the spotlight is in full effect. The reality star is jetting to Dubai for her first public appearance since she was robbed at gunpoint in Paris last October. Kardashian, 36, is making the trip to help lead a makeup tutorial …
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Abu Dhabi rent changes are the perfect reason to make your move
The number of searches for Abu Dhabi rental property on Propertyfinder.ae has increased by more than two-thirds over the past 12 months, the portal revealed, but given the high cost of moving, is it really be worth all the effort involved? Few would …
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VIDEO: Damac confirms Trump’s rejection of $2bn Dubai property deal
US President elect Donald Trump turned down a $2 billion property deal in Dubai a few days ago. Had it not been rejected, developer Damac Properties would have added another feather to its portfolio of properties known for their association with the …
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SGI Dubai has all the latest hot technology on offer
Dubai – SGI Dubai show, the biggest and most comprehensive exhibition catering not only to the signage and textile printing markets in the region and beyond, will have a host of technology solutions to offer catering to all kinds of printing for indoor and …
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UAE says US$50 oil ‘isn’t going to cut it’ for producers
ABU DHABI: Crude oil at US$50 a barrel is too low for most producing countries, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Prices have climbed almost 20% to above US$50 a barrel since the Nov 30 agreement by the Organisation of …
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United Arab Emirates' leader back from 'private' trip abroad
… Emirates – The leader of the United Arab Emirates, who has rarely been seen in public since suffering a stroke nearly three years ago, has returned to the country after a “private visit” abroad. The state-run WAM news agency says Sheikh Khalifa bin …
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Abu Dhabi's UNB says IPO for its Islamic insurer JV heavily oversubscribed
DUBAI Jan 12 Abu Dhabi’s Union National Bank (UNB) said on Thursday an initial public offer for its new Islamic insurer joint venture Orient UNB Takaful, was more than 13 times oversubscribed. The IPO is set to be the first in the United Arab Emirates …
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Orient UNB Takaful IPO more than 13times oversubscribed
The Orient UNB Takaful IPO size was 600,000 Ordinary Shares representing 30 per cent of the equity of the new Company (AED 60 Million) with a share price of AED 100 plus AED 1 as issuing expenses. Union National Bank is currently working with Dubai …
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Orient UNB Takaful IPO more than 13 times oversubscribed
The Orient UNB Takaful IPO size was 600,000 Ordinary Shares representing 30 per cent of the equity of the new Company (AED 60 Million) with a share price of AED 100 plus AED 1 as issuing expenses. Union National Bank is currently working with Dubai …
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At Abu Dhabi oil event, hopes that cuts will raise prices
ABU DHABI, United Arab Emirates – Participants at an oil conference in crude-rich Abu Dhabi say they hope production cuts will drive prices even higher. Emirati Energy Minister Suhail al-Mazroui says there’s “a fair movement” toward higher prices.
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United Arab Emirates diplomats among dozens dead in Afghanistan bombings
The UAE’s state-run WAM news agency identified the dead as Mohammed Ali Zainal al-Bastaki, Abdullah Mohammed Essa Obaid al-Kaabi, Ahmed Rashid Salim Ali al-Mazroui, Ahmed Abdul Rahman Ahmad al-Tunaiji, and Abdul Hamid Sultan Abdullah Ibrahim al-Hammadi.
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United Arab Emirates says 5 diplomats killed in Afghanistan bombing
(Allauddin Khan/AP) The UAE’s state-run WAM news agency identified the Emirati dead as Mohammed Ali Zainal al-Bastaki, Abdullah Mohammed Essa Obaid al-Kaabi, Ahmed Rashid Salim Ali al-Mazroui, Ahmed Abdul Rahman Ahmad al-Tunaiji, and Abdul Hamid …
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UAE Oil Minister: Too Early To Say If OPEC Deal Should Be Extended
It is still too early to say if the oil supply deal should be extended beyond its original six-month period at the end of the first half this year, the oil minister of the United Arab Emirates (UAE) said on Wednesday. After OPEC and 11 non-OPEC producers …
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Dubai's DAMAC Confirms Offering $2B in Deals to Trump
Trump said Wednesday at his first news conference since his election that he had turned down the deal, offering the decision as evidence of his commitment to avoiding conflicts of interest. “Over the weekend, I was offered $2 billion to do a deal in Dubai …
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Dubai hotel demand at 5-year high as tourists back in droves
“This was Dubai’s highest December demand increase since 2011. The month closed with three consecutive nights of occupancy above 90 per cent, including a level of more than 95 per cent on New Year’s Eve,” STR said in a statement sent to Gulf New
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Fire strikes Abu Dhabi national oil company refinery
DUBAI, United Arab Emirates – The Abu Dhabi National Oil Co. says a fire has broken out at a refinery, with no injuries immediately reported. ADNOC said Wednesday night on Twitter that the fire hit its Takreer Ruwais refinery. That refinery is in the …
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