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Month: May 2017

Posted on 06/05/2017

In oil-rich UAE, fuel retailer is turning to electric car chargers

“This liberation in fuel prices signalled a major shift in Enoc’s strategy. We decided to focus on our core business, which is retail,” he said. The Dubai-government owned company introduced a five-year plan to build 54 service stations by …
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Posted on 05/05/2017

UAE plans to drag an ICEBERG from Antarctica to provide drinking water for millions

The firm’s director says they have already travelled the transportation route and used simulators to check the feasibility of the scheme, according to reports in Gulf News. Speaking to the site about what he is calling the UAE Iceberg Project …
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Posted on 05/05/2017

UAE marks 41st Armed Forces Unification Day

ABU DHABI: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, has expressed his thanks and appreciation to the soldiers and personnel of the UAE Armed Forces on the occasion of the 41st …
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Posted on 05/05/2017

Girl power to tackle cyber bullying in UAE

Dubai: The topic of cyber bullying was highlighted in a discussion … on giving talks on women empowerment on different platforms,” Al Mughairy told Gulf News. After receiving thousands of messages, many of which included negative or hate comments …
( read original story …)


Posted on 05/05/2017

‘Heaviest woman’ admitted to UAE hospital for treatment

The AFP news agency quoted newspapers in United Arab Emirates as saying that Ms Selim has disagreed with how the Indian doctors had treated her sister. “I asked for help (in the Emirates) after noticing the lack of progress,” she said on Thursday.
( read original story …)


Posted on 05/05/2017

Union National Bank: the future of Islamic finance

There are now around 15 Islamic banks and finance companies operating in the UAE. Across the world, Islamic finance has seen rapid growth, with assets reaching $2trn with expectations to cross the $3trn mark by 2018. This development has been driven by a …
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Posted on 05/05/2017

Standard Chartered says retail banking business in UAE picking up

DUBAI Standard Chartered’s [STANB.UL] banking business in the United Arab Emirates is performing much better than last year, helped by growing consumer confidence, the bank’s head of retail clients in the UAE said on Thursday. Banks operating in the oil …
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Posted on 04/05/2017

‘Heaviest woman’ leaves India for UAE after ‘losing 250kg’

She has left for Abu Dhabi in the United Arab Emirates … The surgeon, Dr Muffi Lakdawala, told an Indian news channel that Ms Selim had wanted her sister to stay in hospital until she was able to walk again, but orthopaedic specialists had told her …
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Posted on 04/05/2017

Project to cultivate innovative ideas in the UAE

Abu Dhabi: A collaborative project between a French think tank and Paris Sorbonne University Abu Dhabi (PSUAD) aims to launch a series of events throughout the year covering areas such as education, entrepreneurship, and smart cities with the goal of …
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Posted on 04/05/2017

After 330kg weight loss, Eman Ahmed flies to Abu Dhabi today

Saifee Hospital, where Eman was hospitalized since February 11, will hand over a 29-sheet transfer file to officials of Bhurjeel Hospital, Abu Dhabi, before the departure. At a press conference held at Saifee Hospital on Wednesday, the medical team said it …
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Posted on 04/05/2017

Mike Tyson lauds Dubai while promoting boxing gym franchise

DUBAI, United Arab Emirates — On his first trip to Dubai … On Thursday however, a local radio host named Kris Fade who emceed the news conference with Tyson warned journalists that “we’ll eject you” if anyone asked about Trump. Public relations …
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Posted on 04/05/2017

How Dubai can detect rain 200km away

Dubai: Raindrops as far as 200 kilometres away can now be detected in the UAE, thanks to a new radar technology now being used in Dubai. With the recently launched Meteorological Radar project, Dubai Municipality’s radar can not only pinpoint rainclouds …
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Posted on 04/05/2017

Dubai Police to reward 2,000 good drivers this year

Dubai: If you are following traffic instructions and haven’t incurred a fine for a year, you might soon be fortunate enough to be stopped by a secret police car and given vouchers and prizes on the spot, police said on Thursday. Colonel Jamal Al Bannai …
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Posted on 04/05/2017

UAE Portrait of a Nation: The news presenter who rose to a challenge

The year he graduated, he started as a radio news presenter at Dubai FM, then in 2003 he joined Dubai Television as a news presenter. The following year, he helped launch the UAE news segment on the channel, in which he presents news reports from across …
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Posted on 04/05/2017

Dubai firm looks to raise $500 million via digital tokens for new payments system

The tokens will be sold from May 21 to Sept. 22. The Dubai company has also teamed up with GoldGuard, a gold trading company, for the token offering, with one token backed by 1 gram of gold held at a vault inside the Dubai International Airport.
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Posted on 04/05/2017

Dubai taxis record half million cashless transactions

The number taxi fare payment transactions using credit/NOL cards in taxicabs of franchise companies in Dubai has amounted to 590,585 transactions from Jan 2016 to the end of April 2017. During the first third of this year, taxi fare payment using credit …
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Posted on 04/05/2017

Money matters: Profits up for banking sector in the UAE

Retail banking business in the UAE has endured a challenging economic environment, slow growth, margin pressures and persistent loan impairments for several quarters in the recent past. In a positive turn of events, several major banks have posted good …
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