His comments came as Dubai Holding presented its new business model to Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, deputy ruler of Dubai. The conglomerate will establish a new organisational structure, a debt management programme, focus on growth in …
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The National newspaper of Abu Dhabi sees layoffs after sale
International Media Investments, owned by Sheikh Mansour bin Zayed Al Nahyan of Manchester City, bought The National in November from state-owned Abu Dhabi Media. The English language paper was founded in 2008, staffed with top writers and editors from …
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Cisco Connect UAE 2017 to shed light on how businesses can thrive in the digital era
Themed ‘Your Time is Now,’ Cisco Connect UAE 2017 will address the current technology landscape as businesses transition into effective digital enterprises. The event will demonstrate multiple solutions across verticals and showcase how connected …
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Smart Dubai board reviews latest technologies
The Board of Directors of Smart Dubai Office (SDO) discussed the latest innovative technologies that were approved by SDO and employed by SDO’s teams during its recently held 9th meeting in Dubai, UAE. Presided over by Saeed Mohammed Al Tayer, chairman of …
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UAE expats to pay more for sending money home
A few leading money exchange houses in the UAE have increased remittance fees by between seven and 10 per cent to “cope with the rising cost” of doing business. Fee for remittance below Dh1,000 has been increased by Dh1, up from Dh15 to Dh16, and for …
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Dubai's popularity as Mice destination grows
Through 2016, DWTC’s Dubai International Convention and Exhibition Centre (DICEC) venue hosted 298 Mice and business events, including over 100 mega-events, delivering a record 3.03 million attendees, delegates and visitors to these events, reflecting …
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UAE to develop three projects worth Dhs171m in Sharjah, Umm Al Quwain
The UAE’s Ministry of Infrastructure Development is developing three projects worth Dhs171m in Sharjah and Umm Al Quwain, official news agency WAM reported. The projects include two projects for the Ministry of Interior and one for the Ministry of …
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$1bn UAE mall partners with Majid Al Futtaim unit
Abu Dhabi’s upcoming fashion, entertainment and dining destination, the $1-billion Reem Mall, has signed a leasing agreement with Majid Al Futtaim Ventures, the leisure, entertainment, fashion and business arm of UAE-based conglomerate Majid Al Futtaim …
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Dubai Financial Market : Women Establishment signs MOU with DFC
Dubai Women Establishment has signed a Memorandum of Understanding (MoU) with Dubai Financial Market (DFC) to enhance women’s participation on the boards of listed companies. The agreement will enable both parties to exchange knowledge and expertise, as …
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All Dubai villas to be linked to fire command centre by 2019
Dubai: All villas in Dubai will be linked to a new command centre of Civil Defence by the end of 2019, officials announced on Monday. Officials are hoping to link around 90,000 homes to the new centre in Al Ghusais where a dedicated team of 29 people …
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Abu Dhabi property prices expected to decline further in 2017
Dubizzle Property, the UAE’s biggest and most visited property platform, in collaboration with JLL, the world’s leading real estate investment and advisory firm, reveals joint Abu Dhabi Property Market Overview report, analyzing the capital’s …
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Abu Dhabi ranks as the Top FinTech Hub for MENA Region
Abu Dhabi with the Abu Dhabi Global Market, ADGM, has been ranked as the top FinTech Hub for the MENA region in the latest Global FinTech Hubs Review, “A Tale of 44 Cities”, by Deloitte in partnership with the Global FinTech Hubs Federation. This special …
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Imagine Abu Dhabi Receives 2270 Ideas to Support Development in the Emirate
The Imagine Abu Dhabi initiative, launched by the Abu Dhabi Government, has received 2270 submissions within 25 days of its launch, allowing all social segments to propose ideas for various aspects of development in the Emirate. The submissions which were …
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UAE among world's top 'safest' countries
The report said the UAE, which welcomed 14.4 million international visitors in 2015, four million more than two years earlier, continues to offer an outstanding business environment to invest in T&T activities (5th), with advanced ICT readiness (15th …
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Abu Dhabi Ports, Jaheziya Provide Maritime Courses
The Emirates News Agency WAM reported that Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, and Jamal Mohamed Al Shamsi, Jaheziya Managing Director signed the MOU at Abu Dhabi Ports Headquarters. The agreement is structured to initiate cooperation …
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Dense fog hits UAE morning traffic
Dubai: Heavy fog and mist hit various parts of the UAE on Monday morning, leading to heavy tailbacks and congestion on many busy roads. The National Centre of Meteorology and Seismology (NCMS) said that the fog mostly affected Abu Dhabi and Dubai, and …
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Dubai Islamic Bank : Bank results point to improvements in asset quality and profitability
Dubai: First quarter UAE bank results announced so far broadly indicate soft growth in assets and profitability combined with a visible improvements in asset quality. For the last 8 to 12 quarters UAE banks have been focusing on efforts to strengthen their …
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