Abu Dhabi’s Financial Services Regulatory Authority (FSRA), have released guidelines on ICOs and digital currencies for the first time. Their stance on ICOs is that they are similar to securities and are risky, while digital currencies are seen more like …
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Jassim Al-Seddiqi: The new face of Arabian Gulf finance
In just a few years, Jassim Al-Seddiqi has become the “go to” financier in the UAE capital Abu Dhabi, and made the company he runs — Abu Dhabi Financial Group (ADFG) — one of the most important investing institutions in the Arabian Gulf.
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Sri Lanka wins Abu Dhabi Test
Sri Lanka beat Pakistan by 68 runs in the second and final Test at Abu Dhabi a short while ago. Chasing 317 to win, the Pakistanis were bowled out for 248 in the first session of the final day. This is Sri Lanka’s first ever day-night Test. Asad Shafiq was …
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UAE’s Mashreq launches digital-only bank
Mashreq has launched a full service bank that will have no branches as it embarks on a digital transformation to appeal to a new generation of people. Computer Weekly takes a look at how some of the world’s biggest financiial brands have moved to the cloud …
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UAE problem loans to rise, Moody’s warns
LONDON: Problem loans in the UAE’s banking sector are set to rise by the end of 2018, ratings agency Moody’s Investors Service warned, blaming “sluggish” economic growth seen this year. The agency has forecast that non-performing loans could reach …
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Abu Dhabi’s Aldar to hand over Ansam, Al Hadeel projects this year
Abu Dhabi developer Aldar Properties has confirmed that it will hand over two of its new projects – Ansam and Al Hadeel, before the end of this year. Located on the west side of Yas Island, Andalusian-style apartment development Ansam will be handed over …
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Abu Dhabi cruise sector embarks on regional trade roadshow
Abu Dhabi Cruise Terminal is forecast to welcome 129 ship calls from 18 different cruise lines, making the emirate a firm fixture on the world cruise map and continuing to base their regional Arabian Gulf operations at the terminal. – TradeArabia News …
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Dubai Economy and Noon Join Hands to Promote E-Commerce and Customer Happiness
Together, the two entities will work with the authorities concerned in updating e-commerce laws and regulations as well as in enhancing service standards in order to promote customer happiness and facilitate business in Dubai using the latest technology.
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Dubai private sector growth slows in September
Dubai’s non-oil private sector growth eased in September despite a sharp improvement in business conditions driven by steep expansions in output and new business, latest data shows. The seasonally adjusted Emirates NBD Dubai Economy Tracker Index …
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Uber riders in Dubai can now select electric-powered Tesla
DUBAI, United Arab Emirates — Uber is offering its customers the option to ride in one of 50 new Tesla electric-powered vehicles in Dubai, where large gas-guzzling sedans and luxury sports cars dominate the emirate’s six-lane highways. The U.S.-based …
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Aldar to Deliver Ansam and Al Hadeel Homes to Customers This December
Aldar Properties PJSC (‘Aldar’), Abu Dhabi’s leading listed property development, investment and management company, continues to make steady progress across its destinations. On the west side of Yas Island, Abu Dhabi’s most exciting destination …
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UAE’s Union Properties to launch maiden Abu Dhabi project
RELATED ARTICLES: Union Properties establishes mall, hospitality subsidiaries | New CEO named at Dubai’s Union Properties | Union Properties profits drop 51% in 2016 Dubai-listed company, Union Properties (UP), is set to develop its first project in Abu …
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Aldar Academies has big plans 10 years after starting from humble beginnings
“Around 10 years ago, there wasn’t an abundance of quality type of schools in the emirate of Abu Dhabi,” said Aldar Academies Chairman Mohammed Al Mubarak, who is also the CEO of Aldar Properties. “We were brought in to basically start considering …
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Dubai Police shows off latest innovations at Gitex Technology Week
From virtual reality headsets to a glove that can translate sign language and a self-flying taxi, Gitex Technology Week in Dubai throws up all the latest innovations. Attended by government bodies, private companies and the public, the event is a chance to …
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IHG adds Holiday Inn to Dubai Business Bay portfolio
InterContinental Hotels Group (IHG) has signed a management agreement with Kingston Holdings International Limited to develop a new Holiday Inn & Suites in Dubai Business Bay. Expected to open in 2021, Holiday Inn & Suites Dubai Business Bay will have 350 …
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Here’s how the hearing impaired can now communicate with Dubai Police
The wireless one-handed smart glove system translates 26 letters and common words of the American Sign Language into text and speech. An electric glove which can convert sign language into text and speech is just one item the Dubai Police is looking to …
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Ruijie Networks Made a Stunning Appearance at GITEX 2017, Perfectly Presenting Its Global Service Capability
2017 /PRNewswire/ The 37 th GITEX Technology Week was held in Dubai from 8 th to 12 th October 2017. Ruijie, a leading ICT solution supplier in China, brought advanced products and technologies including routers, switches, wireless, etc., as well as …
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