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Month: March 2017

Posted on 29/03/2017

Dubai Based Ride-Hailing Firm Careem Seeks Acquisition, IPO an Option

Dubai-based ride-hailing company Careem is looking for acquisition opportunities and is considering an initial public offering as a possible option but has no timeframe in mind, its founder and CEO said. Careem, which competes with Uber and operates from …
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Posted on 29/03/2017

Dubai girl, 16, challenges deportation after convicted of consensual sex

Dubai: A 16-year-old schoolgirl is disputing a deportation order and seeking to stay with her family after a court convicted her of having consensual sex with a driver in his car’s backseat. In December, the Dubai Juveniles Court found the Asian teenager …
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Posted on 29/03/2017

Get ready for longer UAE school summer break

The Abu Dhabi Education Council confirmed to Gulf News that June 22 will be the last school day for students this academic year, with pupils returning to class on September 10. Similarly, the Knowledge and Human Development Authority (KHDA) in Dubai has …
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Posted on 29/03/2017

UAE to exempt new residential property from VAT

… property including sales and leasing in the UAE will be exempt from value added tax (VAT), according to the UAE’s finance ministry. In a VAT briefing session for advisors last week, the ministry also confirmed that there will be one exception …
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Posted on 29/03/2017

Dubai Investments manufacturing assets grow to Dh3.05 billion

Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has achieved consistent growth in its manufacturing business with total assets in the sector increasing to Dh3.05 billion, constituting 19 per cent of the …
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Posted on 29/03/2017

Dubai Property launches new apartment project Mudon Views amidst rising demand in the heart of Dubailand

Dubai Properties (DP) has announced the launch of Mudon Views, a lively, dynamic and vibrant apartment complex, within the popular Mudon residential master community in Dubailand. The launch comes amidst growing demand for high return real estate …
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Posted on 29/03/2017

10 reasons why you must invest in Dubai property

Dubai is hosting the next World Expo in October 2020. The Expo will attract approximately 25 million visitors from 180 nations. The announcement of the Expo in Dubai has boosted the off-plan property sector. Investors who are buying property near the Expo …
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Posted on 29/03/2017

Amazon buys Souq.com after $800M counteroffer

DUBAI, United Arab Emirates — Amazon purchased the Middle East’s biggest online retailer Souq.com on Tuesday for an undisclosed amount, a day after a state-backed firm disclosed a US$800 million counteroffer. A joint statement described the purchase as …
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Posted on 29/03/2017

Ramp for improvement: Travel writer in wheelchair rates Dubai’s accessibility

I told my family,” Raag told Gulf News. While Raag suffers from arthrogryposis, a condition that was diagnosed from birth and affects the joints, she was always determined to take on the challenges and explore the world. “When it comes to Dubai …
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Posted on 29/03/2017

Why Dubai closed 25% of shawarma shops

Dubai: Authorities have closed down as many as 141 shawarma outlets for failing to comply with health and safety standards. That makes 25 per cent of shawarma shops in Dubai, according to a senior official at the municipality. “Out of the 573 shawarma …
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Posted on 29/03/2017

Dubai now has world's fastest ambulance fleet

Following hot on the tail of the Dubai’s amazing supercar fleet of police vehicles is the news the oil-rich emirate now boasts ambulances that hit 300kmh. At the weekend, the Dubai Corporation for Ambulance Services announced it had added five more …
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Posted on 29/03/2017

Dubai to have tower dangling in the air?

A New York-based firm is proposing that Dubai be the site of a futuristic, asteroid-suspended skyscraper that orbits around the world. The speculative Analemma Tower – which is being proposed by the Clouds Architecture Office – is designed to be suspended …
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Posted on 29/03/2017

Dubai's Souq.com to make announcement on Amazon.com bid: sources

DUBAI Middle Eastern online retailer Souq.com will make an announcement later on Tuesday about Amazon.com Inc’s (AMZN.O) bid to buy 100 percent of the company from its shareholders, two sources familiar with the matter told Reuters. One of the sources …
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Posted on 29/03/2017

Smart Dubai launches its Development Roadmap for Artificial Intelligence

Smart Dubai Government Establishment, the technology arm of Smart Dubai Office, today organised a one-day workshop for executives and technical teams from various Dubai Government Agencies to raise awareness on Dubai’s artificial intelligence service …
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Posted on 29/03/2017

Dubai Media City chief aims for a connection upgrade

Dubai: Dubai Media City intends to get right in the middle of connecting the media enterprises within the free zone to start talking to each other. “They are so good at communicating on behalf of their clients… but there’s not much of that happening …
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Posted on 28/03/2017

Aloha Abu Dhabi is back — and big

Abu Dhabi: Along the alluring beach shores, people stroll to celebrate THE spring break with splendid, interactive water-based sports activities and demonstrations, amidst spectacular views of the Arabian Gulf. Young children competed with each other on …
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Posted on 28/03/2017

From stunt driver to street cleaner: Young man ordered to tidy up Abu Dhabi roads

The reckless driver sweeping a street in Abu Dhabi. He hit a bystander while performing dangerous stunts in Al Shamkha. Courtesy: Abu Dhabi Judicial Department Abu Dhabi: In a first-of-its-kind verdict, a young man has been ordered to clean the streets and …
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