DUBAI: Saudi Finance Minister Mohammed al-Jadaan told bond investors during a presentation on Monday that the initial public offering (IPO) of Saudi state oil giant Aramco will proceed as planned in 2018, sources familiar with the matter told Reuters.
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Abu Dhabi Ports looking at new opportunities for growth
He also said that they were looking at new opportunities in managing ports outside the UAE but refused to divulge details … When asked whether they were considering an IPO, he said they “have no immediate plans.” Abu Dhabi Ports will be purchasing …
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Abu Dhabi Commercial Bank : ADCB offers two pension funds
09/12 FIRST ABU DHABI BANK: ADX gains 31.66 pts Tuesday 09/11 ABU DHABI COMMERCIAL BANK: Properties Wins Best Property Management Team &ndash.. 08/31 LARGE UAE BANKS SET TO POST SOLID PR: Moodys 08/30 LARGE UAE BANKS SET TO POST SOLID PR: Moody’s 08/30 …
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Ingeteam Wins Inverter Deal For 1.2 Gigawatt Abu Dhabi Solar Project
Abu Dhabi already has a 100 megawatt concentrated solar power plant which is one of the largest in Asia. Dubai then took the lead with its ambitious Mohammed bin Rashid Al Maktoum Solar Park. The park will have an eventual installed capacity of 5 gigawatts.
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Dubai Provides Electric Car Initiatives as it Becomes a More Eco-Friendly City
Not only is Dubai encouraging EV technology, to help minimize the city’s carbon footprint, but it has also invested the equivalence of $327 million to construct a solar plant. Another key plan that Dubai is leveraging involves the Dubai Electricity and …
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Rixos Premium Dubai 5 stars This property has agreed to be part of our Preferred… – Dubai Picture
Rixos Premium Dubai 5 stars This property has agreed to be part of our Preferred Property Program, which groups together properties that stand out because of their excellent service and quality/price ratio with competitive prices. Participation in the …
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Want free parking? Drive an electric car in Dubai
The Dubai Electricity and Water Authority aims to have 32 000 electric cars on local roads by 2020 and 42 000 by 2030, chief executive officer Saeed Al Tayer said on Sunday at a news conference in Dubai. DEWA installed 100 charging stations across the city …
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UAE central bank withdrawal of excess cash from banking system signals recovery, analysts say
The UAE Central Bank reduced banking sector liquidity for a second consecutive month in August, a move analysts believe signifies an easing of pressure on lenders. The central bank removed Dh3.1 billion of excess liquidity from the banking system in August …
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Egyptian once known as ‘world’s heaviest woman’ dies in UAE
DUBAI, United Arab Emirates — Doctors say an Egyptian once known as “the world’s heaviest woman” has died in a hospital in the United Arab Emirates. She was 37. Burjeel Hospital in Abu Dhabi said that Eman Abdul Atti died at 4:35 a.m. on Monday. Doctors …
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Dubai begins testing self-flying taxis
A man looks on as the flying taxi is seen in Dubai Thomson Reuters Dubai on Monday showcased a flight for what it said would soon be the world’s first drone taxi service under an ambitious plan by the United Arab Emirates city to lead the Arab world in …
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Saudi finance minister tells bond investors Aramco IPO to go ahead in 2018
DUBAI (Reuters) – Saudi Finance Minister Mohammed al-Jadaan told bond investors during a presentation on Monday that the initial public offering (IPO) of Saudi state oil giant Aramco will proceed as planned in 2018, sources familiar with the matter told …
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The Link Between SoftBank, Alzheimer’s and Data
Roivant, founded by ex-hedge-fund partner Vivek Ramaswamy … That is, if you drive an electric car in Dubai. A new, more flexible Uber? The ride-hailing company is preparing to make concessions to restore its revoked London taxi license.
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Dell Technologies : Dubai doubles down on smart technology
Seismic shifts in artificial intelligence and smart technological changes in the next dozen years will completely reshape the future for Dubai and beyond in which man and machine will be inseparable at home and in the workplace, suggests a raft of futurists.
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Costa Coffee tests drone delivery service in Dubai
Following a survey that showed 82 percent of its UAE customers would like to receive drinks or beverages using the technology, the London-based brand undertook a one-day trial of its ‘coffee-copter’ in its Jumeirah Beach Road drive thru store.
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Japanese ‘rain makers’ conduct research flights over the UAE
A team of Japanese researchers have launched flights by to assist the UAE in its cloud seeding research which aims … “I am confident that the advancement of weather science and technologies that we are working on in collaboration with NCM and other …
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iPhone 8 and gaming devices star at Dubai’s Gitex Shopper 2017
“People are not looking for the basic products, they want the high-end technology and to upgrade to the latest models … the 5 per cent Value Added Tax that comes into force in the UAE from January 1, 2018. Retailers said that although there was …
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Q Technology : wi-Q Technologies and Atlantis, The Palm Dubai Take Home the Prize for Best Use of Technology at the Middle East Hospitality Awards
Leading the way in the provision of a mobile ordering solution for guests, Atlantis, The Palm and wi-Q Technologies launched the ambitious project in February 2017 and to date have seen exceedingly successful results. The site allows Atlantis guests to …
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