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Month: March 2017

Posted on 07/03/2017

Souqalmal.com: Majority of UAE Respondents Want Better Banking Standards

Souqalmal.com, the UAE’s #1 personal finance and insurance comparison website, surveyed close to 1,500 bank customers in the UAE for the 2017 edition of its annual Bank Satisfaction Index. (Photo: http://mma.prnewswire.com/media/474842/2017 …
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Posted on 07/03/2017

Abu Dhabi set to close $872m financing for solar plant

Abu Dhabi’s government-owned power utility aims to close a financing package for a $872 million solar power plant, which will be the world’s largest, in April 2017, a senior official has said. Earlier this month, Abu Dhabi Water and Electricity …
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Posted on 07/03/2017

P.E.I. looking for new markets in United Arab Emirates

“We think it went extremely well” said Patti-Sue Lee, director of international business development with ACOA in P.E.I … it just seemed to be the right time,” she said. Dubai is a major shipping hub to India and China, explained Lee.
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Posted on 07/03/2017

High-street locations back in prominence for Dubai retail

Dubai’s retail is hitting the streets … literally. In the last two years, “high-street” retail locations have emerged as a favoured destination for brand owners and shoppers alike. Look no further than the City Walk and Boxpark for confirmation …
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Posted on 07/03/2017

Dubai index sluggish amid falling volumes

Dubai index continued to move in a narrow range on Monday amid a continued fall in traded value compared to last week’s averages as traders awaited fresh leads on the micro and macro front. The UAE markets have lost volume in the past week from a high of …
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Posted on 07/03/2017

Dubai Financial Market launches ETF trading platform

Platform Falls Under New Regulatory Framework And Adheres To Global Best Practices The exchange hosts bell ringing ceremony to celebrate the launch of the new platform Dubai Financial Market (DFM) announced today the launch of a trading platform for …
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Posted on 06/03/2017

Expo 2020 Dubai’s GCC Roadshow sets off in Oman

A delegation from Expo 2020 Dubai has set out on a ‘GCC Roadshow’ starting in Oman to discuss with business leaders in five countries how their companies can maximise opportunities from the first World Expo in the Arab world. The Roadshow began with a …
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Posted on 06/03/2017

Dubai Financial Market Launches First-Of-Its Kind Regional ETF Trading Platform

· Afkar signed Al Ramz Capital as new Authorized Participant and Cairo’s Beltone Financial as Foreign Liquidity Provider for its Afkar S&P UAE UCITS Exchange Traded Fund Dubai Financial Market (DFM) announced today the launch of a trading platform for …
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Posted on 06/03/2017

UAE central bank issues new rules related to…

The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
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Posted on 06/03/2017

Resolution sets community service regulations in Abu Dhabi

Abu Dhabi: A new resolution issued in Abu Dhabi on Sunday sets rules and guidelines for the type of work that people ordered to do community service have to undertake. Community service will include memorising and teaching the Quran, juvenile care …
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Posted on 06/03/2017

Abu Dhabi mosques to get fire extinguishers

Abu Dhabi: Mosques in Abu Dhabi lacking proper fire prevention measures will now be provided with fire extinguishers, Civil Defence officials said on Sunday. The initiative, a part of the Year of Giving programme, aims to provide mosques with the safety …
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Posted on 06/03/2017

UAE central bank issues new rules related to Basel III

The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee on Banking Supervision in Basel III, a global regulatory framework for …
( read original story …)


Posted on 06/03/2017

Executive travel: Flying business class in style from Boston to Dubai with Emirates

As far as business class flight timings go, there can hardly be any better than Emirates’ direct service from Boston to Dubai. Taking off at 10.20pm, this allows you to have one last early dinner in the city, a good few hours’ sleep on the flight …
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Posted on 06/03/2017

Abu Dhabi Airport to be among world's largest by 2019

Abu Dhabi International Airport will be one of the largest state-of-the-art airports in the world, with a capacity to accommodate 30 million passengers per year by 2019, said H.H. Sheikh Hazza bin Zayed Al Nahyan, Deputy Chairman of Abu Dhabi Executive …
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Posted on 06/03/2017

Dubai police question British daredevil in skyscraper climbs

A British daredevil known for his vertigo-inspiring online videos chronicling his climbs up buildings and construction cranes was interrogated by Dubai police over his recent ascents in the sheikhdom, authorities said Sunday. James Kingston’s interrogation …
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Posted on 06/03/2017

Buzz Aldrin: UAE can be vital part of space coalition

The government will then be able to focus on space exploration missions, especially as it sees space as being a bridge to the future,” he told Gulf News. The UAE has so far invested about Dh20 billion in the space sector, and owns and operates six large …
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Posted on 06/03/2017

British daredevil Kingston detained in Dubai for dangerous stunts

Dubai: Dubai Police picked up a British daredevil James Kingston … Brigadier Salim Khaifa Al Rumaithi, director of Criminal Investigation Department (CID), told Gulf News on Sunday that the daredevil was summoned because he violated the law.
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