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Month: March 2017

Posted on 23/03/2017

World's most expensive burger sells for $10,000 in Dubai

Burger lovers lucky enough to attend the Eat Pink event at the Dubai Mall on March 14 certainly weren’t disappointed with the culinary creations. Known for its over-the-top dining and nightlife, Dubai is now also the home of a record-breaking burger that …
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Posted on 23/03/2017

Dubai harvests desert sun at vast solar plant

Dubai (AFP) – Dubai on Monday completed a solar plant big enough to power 50,000 homes as part of a plan to generate three-quarters of its energy from renewables by 2050. The 200 megawatt plant sprawls over 4.5 square kilometres (1.73 square miles) of …
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Posted on 23/03/2017

Emirates president: 'Amazing' to suggest Dubai airport is not safe

Emirates President Tim Clark said Wednesday he believed the airline’s home airport in Dubai was as safe as any other in Asia, Europe or the Americas. Speaking to CNNMoney a day after the U.S. banned passengers from bringing laptops and other large …
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Posted on 23/03/2017

Dubai Police rescue trapped motorists

Dubai: Dubai Police Search and Rescue teams rescued three motorists who were trapped in their vehicles in major accidents, Police said on Wednesday. Lt Col Ahmad Atiq Burqibah, deputy director of the Search and Rescue Department at the General Directorate …
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Posted on 23/03/2017

UAE will hold workshops to prepare businesses for the new tax system.

The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value …
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Posted on 23/03/2017

Value of UAE’s margin trading finance on bourses hits all-time high

ABU DHABI: The value of margin trading finance on UAE bourses hit Dh31 billion in January and February, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3 per …
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Posted on 23/03/2017

Aldar Properties : to increase operational income to Dh2.2 billion by 2020

Abu Dhabi: Aldar Properties is planning to increase net operational income from Dh1.6 billion in 2016 to Dh2.2 billion in 2020, chairman of the company Abu Bakr Seddiq Al Khouri said at the company’s annual general meeting in Abu Dhabi on Monday.
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Posted on 23/03/2017

Aldar Properties : to further develop Yas, Reem

ABU DHABI – Aldar Properties PJSC, Abu Dhabi›s leading listed property development, investment and management company, announced Monday further details of its current investment program. This program will expand Aldar’s asset management portfolio …
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Posted on 23/03/2017

Aldar to invest $517m on Yas, Reem islands

The Abu Dhabi-listed Aldar Properties says it is to invest AED 1.9 billion ($517 million) in four new projects on Yas and Reem islands. The allocation of the recurring revenue on the projects completes a AED 3 billion investment programme, the developer said.
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Posted on 22/03/2017

Mohammad launches UAE Centennial Plan 2071 to make UAE best in the world

Abu Dhabi: The UAE Centennial Plan 2071, which aims to make the UAE the best country in the world, was launched yesterday (Wednesday) by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
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Posted on 22/03/2017

Current slowdown good for banking sector: Al Ghurair

Dubai: The current slowdown in business is good for the banking sector and UAE banks would emerge strong from these challenges, said Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF) at the meeting of the CEOs Advisory Council of UBF on Wednesday.
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Posted on 22/03/2017

Man arrested for pulling dangerous stunts in Abu Dhabi

Abu Dhabi: A 19-year-old man has been arrested in Abu Dhabi for pulling dangerous stunts in his vehicle in front of a school during the rain which knocked down one man, the Abu Dhabi Police have announced on Wednesday. The man who was driving a car with no …
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Posted on 22/03/2017

UAE publishes VAT timetable; excise tax roll out in 2017

The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value …
( read original story …)


Posted on 22/03/2017

UAE rights activist detained for social media criticism

… A leading human rights advocate in the United Arab Emirates has been detained and is being investigated for cybercrimes that include criticizing the government on social media sites. The state-run WAM news agency reported on Tuesday that the Public …
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Posted on 22/03/2017

Gulf News: Number one in the UAE

Dubai: We seem to be pulling in the decision makers. And by that I don’t mean just the government, policymakers, CEOS, COOs, management professionals, and social leaders. Women are reading us more and more. How do we know this? Through our …
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Posted on 22/03/2017

UAE arrests prominent activist for incitement: state news

DUBAI The United Arab Emirates arrested political activist Ahmed Mansoor on charges of spreading sectarianism and hatred on social media, state news agency WAM reported on Tuesday, in a move criticized by rights groups. Mansoor, an electrical engineer and …
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Posted on 21/03/2017

CABSAT opens with focus on UAE’s space technology

DUBAI: Shaikh Hasher Bin Maktoum Al Maktoum, Director General of Dubai’s Department of Information, opened CABSAT 2017 on Monday morning, an annual event for the broadcast, satellite and entertainment content sectors across the Middle East, Africa and …
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