UAE Team Emirates brings on new sponsor ahead of Tour de France

UAE Team Emirates have brought on a new sponsor two days ahead of the Tour de France, with First Abu Dhabi Bank (FAB) joining the WorldTour team. FAB was created earlier this year through a merger between the First Gulf Bank and the National Bank of Abu ... ( read original story ...)

UAE Nuclear Power Sector Opportunity Analysis

As UAE is embarking upon clean energy sources for power generation – a major shift from its predominantly natural gas based power sector, nuclear power is slated to form one of the building blocks of the new energy policy. The new energy policy of ... ( read original story ...)

UAE envoy to Russia threatens ‘goodbye Qatar’ sanctions

UAE ambassador to Russia Omar Ghobash has threatened further sanctions against Qatar amid a deepening rift among Gulf States. In an interview with the Guardian published on Wednesday, Ghobash said that a list of 13 demands conveyed to Qatar by Saudi Arabia ... ( read original story ...)

How Islamic banking will boost the UAE’s halal sector

Islamic banks’ gross credit increased 8.4 per cent to AED343 billion in the first quarter of 2017, including AED325bn domestic credit that grew 7.4 per cent that will help the UAE’s halal economy to grow faster than non-halal sectors. The UAE’s ... ( read original story ...)

UAE Islamic banking assets ‘will boost halal sector’

The UAE’s Dh522 billion ($142 billion) Islamic banking assets will help fuel the growth of the country’s Halal sector, according to research conducted by Orange Fairs and Events, organisers of the Halal Expo Dubai 2017. Seven Islamic banks out of the ... ( read original story ...)

UAE envoy: Gulf states considering new Qatar sanctions

A Saudi-led bloc is considering fresh sanctions against Qatar that may include asking trading partners to choose between them or Doha, the United Arab Emirates (UAE) ambassador to Russia said. In an interview with The Guardian newspaper, envoy Omar Ghobash ... ( read original story ...)

Driverless mini police cars to patrol Dubai

It will be deployed at tourist destinations in Dubai,” Brigadier Al Razooqi said. Police will send a team headed by Lieutenant Salim Saqr Al Merri to the company to participate and supervise the final stages of building the car. The latest news from ... ( read original story ...)