Dubai: Dubai Municipality opened the UAE’s first Food Bank off Al Khail Road in Al Quoz this morning. Hussain Nasser Lootah, director general of Dubai Municipality officially inaugurated the Food Bank that includes two refrigerated containers to store dry …
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Dubai index jumps with Emaar shares, bucking trend
Dubai: Dubai index jumped with Emaar Properties on Tuesday, bucking the regional trend, and shares of Gulf Finance House also rebounded. The Dubai Financial Market General Index closed 0.92 per cent higher at 3,495.82. Traded value jumped to Dh380 million.
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UAE schools ill-equipped to deal with food allergy
A.K., 18, a Dubai resident, first had a nut allergy attack at the age of seven. “I am allergic to walnuts and pecans and even a morsel of these can cause severe choking and swelling,” she told Gulf News. Recalling the first incident, she said …
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UAE likely to face more cyberattacks
The UAE and the rest of the region are “bound” to capture the attention of malicious cyber threat actors, according to Stuart Davis, director Mandiant Services Sales, EMEA region. In an interview with Khaleej Times, Davis noted that in 2017, cyber security …
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Dubai Real Estate Market Conditions Remain Soft in Q1 2017
JLL released its Q1 2017 Dubai Real Estate Market Overview report which assesses the latest trends in the office, residential, retail and hotel sectors. While the first quarter of 2017 has seen a further softening in the hotel and retail sectors of the …
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UAE not keen on Adnoc IPO like Aramco, energy minister says
The United Arab Emirates has not seen a need for or discussed the listing of state-run Abu Dhabi National Oil Company (Adnoc) — similar to Saudi Aramco’s scheduled initial public offering (IPO) — the country’s energy minister Suhail Mohammad Al …
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Zayed City masterplan shows upcoming capital hub
Abu Dhabi: A key element of Abu Dhabi’s Plan 2030 … the Urban Planning Council (UPC), told Gulf News. “Within the next six to seven years, Zayed City will emerge as the heart of the capital, with its range of residential, commercial and community …
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Abu Dhabi's The National newspaper sees layoffs after sale
bought The National in November from Abu Dhabi Media. Sheikh Mansour’s media firm has a joint venture with Britain-based Sky to run the Arab satellite news channel Sky News Arabia. In a statement, International Media Investments said: “The National is …
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UAE students invent fan-cooled jacket, camel body language reader
Dubai: Sweating in the UAE’s sauna-like summer may soon be a thing of the past — that is, if three Emirati schoolboy inventors get their way. The concept is simple: equip a well-insulated jacket with electronic sensors that detect the wearer’s body …
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DUBAI NEWS: 5 of the biggest stories this week
The National Center of Meteorology and Seismology (NCMS) has announced that today’s humidity levels are set to reach a high of 90 percent. While the levels of humidity are on a rapid incline, the temperature is actually going down… slightly. According …
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Watch out for multiple traffic accidents, tailbacks in Dubai
Dubai: Drivers faced heavy congestion and further delays on their morning commute with as many as nine major accidents in hour on Dubai’s busy roads. With humidity levels of up to 95 per cent on Tuesday morning, the fog was the most likely culprit for …
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Investment bank Houlihan Lokey to open Dubai office
Houlihan Lokey sees opportunities in the region to bring in outside capital whether it is from insurance companies, hedge funds, private equity or others, Arun Reddy, a managing director of the firm currently based in London, who will relocate to Dubai to …
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Conservative lending curtails profitability of UAE banks
according to UAE Banking Pulse, an analysis of key data of top 10 banks by Alvarez & Marsal (A&M), global professional services firm. In 2017 the UAE banks are expected to report mid to high single-digit growth in assets while maintaining costs to income …
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UAE business confidence rebounds strongly in first quarter
Dubai: Business confidence in the UAE has rebounded strongly and hit its highest level since 2015, indicating that companies are feeling more positive about the economy and expanding their headcount. According to the latest edition of the Global Economic …
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Dubai Taxi launches Phase II of Interactive Screens and Wi-Fi in Taxicabs Project
The Dubai Taxi Corporation, DTC, at the Roads and Transport Authority, RTA, has embarked on Phase II of Installation of Interactive Screens and Free Wi-Fi service Project in 700 Taxicabs in Dubai Marina, JBR, and Down Town areas. The step will raise the …
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Dubai’s new taxi fleet will come with wifi and flat screens!
Just in case you needed one more reason to want to move to Dubai, they have just released taxis with Wi-Fi service and interactive smart screens! Dubai has officially started implementing its plan to digitize its taxi fleet, with yesterday already marking …
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Cost of sending money: What you need to know
Dubai: The recent increase in the cost of money transfers from the UAE will not affect the majority of expatriates who make a beeline at exchange houses every payday. Remittance service providers in the UAE have recently increased their transaction charges …
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