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Month: July 2017

Posted on 14/07/2017

DEWA unveils web app for solar energy panels

The web application, dubbed the ‘Shams Dubai Calculator’, allows DEWA customers to produce solar power energy under the Shams Dubai initiative. DEWA customers can use their account customers to identify their building’s locations and rooftops through an …
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Posted on 14/07/2017

Dubai Electricity Authority Launches Mobile App For Solar Energy

Dubai Electricity and Water Authority (DEWA) has launched a web application to help users decide to install photovoltaic panels on their rooftops and generate solar power energy, as part of efforts to support and engage Dubai residents to reduce the …
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Posted on 14/07/2017

Medics in pink: Dubai launches women-only ambulances

Four women in pink remain on standby 12 hours a day, seven days a week, to come to the aid of their “sisters” in the Gulf emirate of Dubai. The four — two medics and two drivers — are leading a pilot project for a women-only pink ambulance service that …
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Posted on 13/07/2017

Dubai Miracle Garden: world’s largest natural flower garden

(CNN) — The Dubai Miracle Garden is certainly aptly named considering … Rahhal, the man behind the attraction, told NBC News. “I hope people will understand that this country is not only for extremes in concrete and steel. “This country is given …
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Posted on 13/07/2017

Dubai property transactions down by 23%

LONDON: Dubai property transactions plunged by 23 percent in the second quarter, according to a report from Chestertons. But the weak property market is good news for renters who benefitted from a 2 percent decline in rents for both apartment and villas …
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Posted on 13/07/2017

UAE’s ADNOC Studies Banking Majors For IPO Release

The Abu Dhabi National Oil Company (ADNOC), the state-held oil company of the United Arab Emirates (UAE), is studying proposals from Goldman Sachs, JPMorgan, HSBC, and First Abu Dhabi Bank to have lead roles in the potential listing of ADNOC’s …
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Posted on 13/07/2017

UAE remains a bright spot for private banking

The year 2016 was marked with a series of unexpected events—from Britain’s vote for Brexit, the results of the US elections and the growth of populist movements across Europe. While all of these events projected dissatisfaction with the status quo …
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Posted on 12/07/2017

Report unveils Dubai and Abu Dhabi property market performance in H1 2017

The number 1 property portal in the UAE, Bayut.com, has confirmed exclusively to Al Arabiya English that the UAE estate market has witnessed a balancing act in the first half of 2017; despite both sale and rental prices in Dubai and Abu Dhabi having …
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Posted on 12/07/2017

Dubai Properties Invests Over AED10 Million in Community Enhancements in Sought-After Remraam Development

Dubai Properties, a leading Dubai-based real estate master developer and asset manager of renowned destinations across the emirate, has announced an investment of AED10 million for planned enhancements in the popular Remraam community, strategically …
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Posted on 12/07/2017

Goldman, JPMorgan, HSBC vie for lead roles on UAE ADNOC retail unit IPO: sources

ABU DHABI/DUBAI Abu Dhabi’s national oil company is weighing proposals from Goldman Sachs, First Abu Dhabi Bank, HSBC and JPMorgan for lead roles in the listing of its retail business as the emirate joins other Gulf states in privatizing assets, sources …
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Posted on 12/07/2017

UAE braces for surge in business travel

(MENAFN – Khaleej Times) Hotels across the #UAE reported a drop in business travellers in 2016, in line with global trends, however 2017 is proving to be a far better year for the segment, experts have said. David Scowsill, president and CEO of the World …
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Posted on 12/07/2017

Tech driving demand for industrial property in Dubai

RELATED ARTICLES: ‘Softening’ of Dubai property expected in 2017 | Dubai property market bottoms-out, official says | Dubai: Demand for industrial real estate drops The growth of Dubai’s technology sector amid its economic diversification effort is driving …
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Posted on 12/07/2017

Is Abu Dhabi’s Oil Major Eyeing An Aramco Style IPO?

Abu Dhabi’s national oil company … It would have been much more sensible to put this news in the market just after the first results would have come in from the Aramco IPO. A success in Saudi Arabia will result in an investment fever, pushing other …
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Posted on 12/07/2017

Abu Dhabi Tops List Of Global Cities That Indians Prefer To Stay: Survey

Mumbai: Abu Dhabi tops the list of destinations Indians would prefer to stay followed by Mumbai, Singapore, Delhi and London, a recent survey said. According to a study conducted by Ipsos, given an opportunity Indians would love to live in Abu Dhabi …
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Posted on 12/07/2017

Dubai Airports has the fastest free Wi-Fi in the world

If you happen to be in the Dubai International Airport availing its free Wi-Fi facility, you can reach your friends or kin the fastest than from any other airport across the world. A recent study by Speedtest – which analysed the airport Wi-Fi facilities …
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Posted on 11/07/2017

Abu Dhabi plans to IPO part of its state oil giant, joining a trend in the Middle East

The Abu Dhabi National Oil Company, or ADNOC, is considering an initial public offering of minority stakes in some of its services businesses. The UAE joins Saudi Arabia and Oman in announcing plans to sell equity stakes in portions of their state-owned …
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Posted on 11/07/2017

Now, pass through Sharjah immigration in 20 seconds

Sharjah: Now, flying out of Sharjah International Airport has … now they pass through the smart system in less than 20 seconds,” Al Midfa told Gulf News, during the launch. As many as 16 Smart Gates have been installed at the airport’s passport …
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