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Month: October 2017

Posted on 31/10/2017

Dubai Investments Reports Net Profit of Dh350 Million for Q3 2017

Dubai Investments, the leading, diversified investment company listed on the Dubai Financial Market, has reported net profit of AED 350 million for the quarter ending September 30, 2017, an increase of 4.8% over AED 334 million achieved during the same …
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Posted on 31/10/2017

Dubai’s DFM sees 1% fall in nine-month net profit

Dubai Financial Market Company on Monday announced a net profit of AED173.3 million for the first nine months of 2017, a 1 percent decrease compared to the same period of 2016. Net profit for the third quarter fell by 22 percent to AED27.7 million …
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Posted on 31/10/2017

UAE Property Developer DAMAC Ranks First on Forbes Global 2000 List of Fastest Growing Companies Worldwide

DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes Global 2000 List of Growth Champions, making it the fastest growing company worldwide among the top 2,000 listed by Forbes. The Forbes …
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Posted on 31/10/2017

Dubai property brokers earn over Dhs1bn in commissions

Real estate brokerage commissions in Dubai reached over Dhs1.3bn during the first nine months of the year, the Dubai Land Department (DLD) has announced. The number of active brokers in Dubai’s real estate market currently stands at 6,200. The …
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Posted on 31/10/2017

1,000 extra tickets for Louvre Abu Dhabi for November 11 opening

Abu Dhabi: It’s where you watch the rise, fall and rise of humanity throughout time. And it’s the first universal museum in the Arab world. And while being universal, it will also present Arab and regional art in a historical context, according to organiser.
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Posted on 31/10/2017

1,000 extra tickets for Louvre Abu Dhabi November 11 opening

Abu Dhabi: It’s where you watch the rise, fall and rise of humanity throughout time. And it’s the first universal museum in the Arab world. And while being universal, it will also present Arab and regional art in a historical context, according to organiser.
( read original story …)


Posted on 31/10/2017

Dubai Chamber Announces Sponsors, Partners for Global Business Forum on Africa 2017

The Dubai Chamber of Commerce and Industry has announced the list of sponsors and supporting partners for the fourth Global Business Forum on Africa, which will be hosted on November 1-2, 2017, in Dubai’s Madinat Jumeirah. Held under the patronage of His …
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Posted on 31/10/2017

Busting Some Myths: Local Sponsors’ Impact On UAE Businesses

what happens when you come up against the local sponsorship rules that apply when you’re starting a business in the UAE? With a few exceptions, all businesses starting in the Emirates must be at least 51% owned by UAE nationals. If you’re from outside …
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Posted on 30/10/2017

Du delivers the key components to create a smarter Dubai

as well as being connected on public transport and Dubai Taxis. Over 1.5 million sessions are connected on WiFi UAE every month, and the service is growing in terms of the number of sites which are connected and the number of users, Tayara said.
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Posted on 30/10/2017

Abu Dhabi plans range of activities for tourists

“Out of our 60 mobile food trucks, 50 will be lined up on the Abu Dhabi Corniche to serve to the revelers and they will offer cuisines from all across the world,” Alexander Teodoresco, founder of Truckers told Gulf News. New Year’s Countdown Village …
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Posted on 30/10/2017

Sultan inaugurates Sharjah Publishing City

Sharjah: Sharjah has begun a new chapter in its leading position as a hub for books, knowledge and culture with the launch of Sharjah Publishing City (SPC), a special zone for hundreds of publishers and stakeholders in the publishing industry. His Highness …
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Posted on 30/10/2017

AI key to UAE’s future, Al Mansouri says

said in reply to a question from Gulf News on the sidelines of the event. Al Marzouqi said the UAE has the highest number of domain names on internet in the Arab world. About 210,000 domain names have been registered under the UAE country code “.ae …
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Posted on 30/10/2017

40 arrested in Dubai over phone scam

Dubai: Dubai Police busted a large telemarketing racket which conned subscribers into parting with their money in return for prizes from telecom companies. In a raid at their hideout in Frij Murar area, 40 suspects were caught as they called thousands of …
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Posted on 30/10/2017

Residents relive memories as 50-year-old Dubai Zoo closes

Dubai: As a child, Ahmad used to often visit Dubai Zoo with … Taking the trip down the memory lane was a beautiful experience, he told Gulf News. “Whenever the weather was good we used to go and see the animals. I cherished the moments with the lions …
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Posted on 30/10/2017

Dubai Vs. Smart City – The Future Of Happiness?

Technocrats claim that convenience makes you happy, and in Dubai, its Smart City technology makes everything convenient. However, Dubai is an Islamic dictatorship, where creating a Smart City bypasses all direct input from citizens who must live under it.
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Posted on 30/10/2017

Dubai’s biggest bank sees 15% rise in net profit

Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 30/10/2017

Developer eyes handover of The Waves in Dubai by end-2018

Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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