DUBAI // Low-income families and labourers will be able to get food donated by hotels and supermarkets after the country’s first food bank was launched in the city on Wednesday. Stocked with boxes of food as part of the Year of Giving, the food bank aims …
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China gathers state-led consortium for Aramco IPO
Hong Kong/Riyadh/Dubai: China is creating a consortium … Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country — the second biggest consumer of oil globally — seeks to secure crude supplies …
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Abu Dhabi's Taqa Seeking to Sell Energy Assets in North America
Abu Dhabi National Energy Co., the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
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UAE ranked among top global destinations for FDI
The UAE has also pledged to continue to advance its technological readiness and deepen its commitment to innovation. The government’s recent efforts show signs of gaining significant traction. In the World Bank’s Doing Business 2017, the UAE is …
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How to curb soaring inpatient costs in the UAE
UAE authorities estimate that 5 per cent of all paid health … In 2014, researchers from Harvard Business School made the observation that surgeon productivity is drastically reduced by only having one operating room available to them.
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Seven public markets for Abu Dhabi suburbs
Abu Dhabi: Seven new public markets will soon be built in the capital’s suburbs in order to offer access to a range of facilities for residential neighbourhoods, the Municipality of Abu Dhabi City announced today (April 19). The projects, which are on …
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Emirates trims US flights after Trump administration curbs
The decision by the Dubai government-owned carrier is the strongest sign yet that the new measures imposed on U.S.-bound travelers from the Mideast are taking a financial toll on fast-growing Gulf carriers that have expanded rapidly in the United States.
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Abu Dhabi Awards: your turn to do a good deed
Abu Dhabi: Your neighbour, sibling or old teacher could be the recipient of the next Abu Dhabi Award provided they have done something selfless and productive for the emirate. All you have to do is nominate the person. Speaking at the launch of this year …
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Exclusive: China gathers state-led consortium for Aramco IPO – sources
HONG KONG/RIYADH/DUBAI (Reuters) – China is creating a consortium … Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country – the second biggest consumer of oil globally – seeks to secure crude supplies …
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Food for all, with love from UAE
Mohammad Abdullah Alhaj Al Zaroni, manager of Emirates Red Crescent in Dubai told Gulf News the UAE stands fourth in terms of food wastage across the world. “We are just behind Saudi Arabia, Indonesia and the US. The UAE is wasting Dh16b in food every year.
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UAE opens new school in Yemen
according to UAE News Agency (WAM). Head of the ERC team in Hadhramaut, Abdullah Al Musaferi, said the UAE supports education in Yemen because it is a key pillar in restoring hope, state-building and development. The new school will help students who must …
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Private Dubai TV channel shutting down amid slowdown
A privately owned Dubai satellite television channel is shutting down amid an economic slowdown caused by low oil prices. Staff at the English-language channel City7 said Tuesday they were in the process of shutting down. They spoke on condition of …
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UAE students invent music for the deaf
Emirati student Rashid Al Hammadi and his teammates from Al Ma’ali International Private School in Abu Dhabi built the ‘Hertz Design’. They created a piano with Braille letters for the visually impaired. They also invented a small stage where the deaf can …
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Dubai tests affordable taxi service
Abdulla Yousef Al Ali, CEO of RTA’s Public Transport Agency commented on uberX: “The announcement of this pilot service is a very encouraging news for Dubai. Smart mobility is a key pillar of every smart city and the provision of economy solutions is an …
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AP PHOTOS: Big-money camels gallop to victory outside Dubai
Forget the image of lumbering beasts trudging over sand dunes in slow-moving caravans — camels in Dubai are built for speed. Camel racing is a big-money sport and fast thoroughbreds can fetch well over a million dollars. Rising temperatures across Gulf …
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Dubai Government Greenlights Citywide Blockchain Payments System
The Smart Dubai Office, a government-backed initiative led by the Crown Prince of Dubai has partnered a FinTech specialist firm to implement a citywide payments platform based on blockchain technology. The government initiative has entered a memorandum of …
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Dubai Financial Market : UAE market stability bound by institutional investments – Analysts
Dubai – Mubasher:Stability of UAE stock markets on Wednesday and Thursday is bound by long-term incoming institutional investments amid overall optimism towards Arabtec’s and Emaar’s stocks and continued disclosures of financial results, analysts …
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