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Month: April 2017

Posted on 10/04/2017

The rise and rise of Dubai schools

In an exclusive, wide-ranging interview, Kalthoom Al Beloushi, Executive Director of Education Development at the Knowledge and Human Development Authority (KHDA), told Gulf News why schools are flocking here; how Dubai’s education regulator is playing a …
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Posted on 09/04/2017

Dubai properties will see new growth in 2017

Last year was tough for most global economies due to many important global events, including the US elections, Brexit and the gravest refugee crisis witnessed in modern times. Collectively, these events proved burdensome for the global community as a …
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Posted on 09/04/2017

Dubai Business licenses increase 650 per cent over last 25 years

“The Business Registration & licencing (BRL) sector in Dubai Economy serves more than 150,000 businesses in the emirate, conducting approximately 430,000 transactions every year relating to issuing, renewing or revoking licences as well as amending trade …
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Posted on 09/04/2017

Dubai’s DEWA to build three new substations worth Dhs1bn

The Dubai Electricity and Water Authority (DEWA) plans to build three new substations in the emirate with an allocated budget of Dhs1bn, it announced on Saturday. The 400 kilovolt (kV) substations will be built over the next three years, a statement said.
( read original story …)


Posted on 09/04/2017

Dubai sees rise in off-plan property sales

Dubai registered a 45 per cent increase in the sales of off-plan residential properties in the first quarter of the year, compared to the previous quarter, a new report has found. According to the report by Chestertons, the number of transactions for ready …
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Posted on 09/04/2017

Emirati jobseekers visit Careers UAE fair

Dubai: Scores of Emirati jobseekers have started meeting UAE employers at the 17th edition of the Careers UAE job fair at Dubai World Trade Centre (DWTC). The three-day event was officially launched on Sunday morning by Shaikh Ahmad Bin Mohammad Bin Rashid …
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Posted on 09/04/2017

Dubai Tourism participates in Careers UAE

Dubai: As part of its ongoing efforts to develop future tourism leaders from among young UAE nationals, Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is participating in this year’s Careers UAE. Ahmad Khalifa Al Falasi, CEO …
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Posted on 09/04/2017

UAE banks’ first quarter profit and asset growth likely to remain soft

Dubai: Expectations on UAE banks are modest as they start declaring first quarter results from this week. However, banking analysts expect to see signs of improvement in asset quality and profitability starting this quarter. With most banks continuing …
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Posted on 09/04/2017

Nasdaq Dubai optimistic about 2017 after robust performance

Dubai: After many achievements last year, Hamed Ali, the chief executive of Nasdaq Dubai still has a full plate and is optimistic about 2017. Just over three months into the year, Nasdaq Dubai is on a firm footing with six listings so far. “We are …
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Posted on 08/04/2017

Careers UAE provides ideal platform for best Emirati jobseekers

DUBAI: The 17th edition of Careers UAE, the country’s leading recruitment exhibition for Emiratis, opens at Dubai World Trade Centre (DWTC) on Sunday, where scores of public and private sector organisations from the region and across the world are …
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Posted on 08/04/2017

Dubai-based Filipino to run in the ‘toughest foot race on earth’

Dubai: A Dubai-based Filipino safety engineer is embarking on … I wanted others to benefit in the process,” Cipriano, also a published poet, told Gulf News. He then asked his long-time friend Amor Bautista-Baylosis, and her husband, Budo, to join …
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Posted on 08/04/2017

UAE backs US air strikes against Syrian regime

ABU DHABI: The UAE has expressed its full support to the US military operations against the military targets in Syria, in response to the Syrian regime’s use of the chemical weapons against innocent civilians that claimed dozens of lives, including …
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Posted on 07/04/2017

How the levy of VAT will impact UAE's property…

The rules governing buying and leasing of property in the UAE varies significantly, depending on where the property is located. There are seven autonomous emirates, including Abu Dhabi, Dubai, Sharjah, Ras Al Khaimah, Fujairah, Umm al Quwain and Ajman, and …
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Posted on 07/04/2017

Most UAE expats to enjoy better money transfer rates this year

Dubai: Many expatriates in the UAE will continue to benefit from favourable exchange rates for the rest of the year as the US dollar is forecast to strengthen further. The American currency has been on a winning streak against a number of currencies from …
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Posted on 07/04/2017

UAE pledges $68m to support Syrian refugees

The UAE has pledged Dhs250m ($68m) to support education for Syrian refugees. State news agency WAM reports that the sum was announced at the Supporting the Future of Syria and the Region conference in Brussels on Wednesday and is intended to help Syrians …
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Posted on 07/04/2017

Indonesia seeks $10b in investments from UAE

ABU DHABI: Indonesia is targeting $10 billion (Dh36.7 billion) investments from the UAE in a wide range of sectors including oil and gas, hospitality and power generation, the country’s ambassador, Husin Bagis, told Gulf News in an interview on Thursday.
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Posted on 07/04/2017

Business Growth in UAE’s Private Sector Taps 25-month Highs

The UAE’s non-Oil private sector registered strong growth in March, in line with the trend so far this year, according to Emirates NBD’s monthly survey. Growth in the sector was led by expansion in business activity, which touched a 25-month high, the …
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