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Month: November 2017

Posted on 07/11/2017

5 UAE varsities get Siemens’ $116m software grant

UAE’s Ministry of Education and Germany-based technology company Siemens have announced software licenses for five universities in the country, valued at 100 million euros ($116 million) in total. The partnership between the Ministry of Education and …
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Posted on 07/11/2017

Al Mansouri: UAE’s future economy depends on innovation

“The reality and the economic future of the UAE, which is aimed at innovation and the employment of technology, began its first signs with the adoption two years ago of the policy of The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan …
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Posted on 07/11/2017

UAE-UN meeting in Dubai examines crucial role of space for development

DUBAI, Nov 6 2017 (WAM) – A United Nations meeting opened … limited resource that has to be protected through one joint vision. The advancements of space technology benefit all member states of the UN in one way or another, and space technology supports …
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Posted on 07/11/2017

Dubai Bank founder faces jail term in row with CBK

Mr Hassan Zubeidi, former chairman, Dubai Bank. PHOTO | FILE | NMG Former Dubai Bank chairman Hassan Zubeidi has been cited for contempt of court in a long-standing tussle with the Central Bank of Kenya (CBK) over his refusal to grant receiver managers …
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Posted on 07/11/2017

UAE approves $13.9bn budget for 2018 with no deficit

The UAE Cabinet on Tuesday approved the federal budget of AED201.1 billion ($54.7 billion) for the years 2018-2021, of which AED51.4 billion ($13.9 billion) is for next year, with no deficit forecast. Sheikh Mohammed bin Rashid Al Maktoum, Vice President …
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Posted on 07/11/2017

Dubai’s Damac expects to beat 2017 sales, handover targets

Dubai-based property developer Damac will exceed its targets for sales and handovers this year, the company’s chairman has said. Hussain Sajwani told Gulf Business the company, which opened a golf course earlier this year in partnership with the Trump …
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Posted on 07/11/2017

HSBC Appoints Marwan Hadi as Head of Retail Banking and Wealth Management in the UAE

HSBC Bank Middle East Limited has announced the appointment of Marwan Hadi as Head of Retail Banking and Wealth Management (RBWM) in the UAE. In his new role, Hadi will be responsible for implementing HSBC’s retail banking and wealth management strategy …
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Posted on 07/11/2017

Riyad Bank Participates as Platinum Sponsor of Saudi Trade Finance Summit

Riyad Bank will, once again this year … This exclusive Trade Finance event in Saudi Arabia is organized by Dubai based QnA International. The Summit will focus on the advancement of systems facilitating the Kingdom’s strong legacy of trade, by bridging …
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Posted on 07/11/2017

Dubai, the capital of FinTech innovation

The accelerator programme opened with a series of speed meetings, where 11 select start-ups met with partnering financial institutions, including Abu Dhabi Islamic Bank, Citi, Dubai Islamic Bank, Emirates Islamic, Emirates NBD, HSBC, Mashreq, Network …
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Posted on 07/11/2017

Expo 2020 Dubai launches global search for new gadgets

Expo 2020 Dubai has launched a worldwide search, backed by a social media and online campaign, to find the brains behind the newest, coolest gadgets, gizmos plus digital and traditional games on the planet. “We want to wow and delight our visitors with …
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Posted on 07/11/2017

Microsoft 365 Business to Supercharge UAE’s Small and Medium-Sized Enterprises

Microsoft today introduced the UAE’s fast-growing SME segment to Microsoft 365 Business, a multifaceted solution that ushers them into the modern workplace era by covering all of their productivity, admin and security needs. Combining Windows 10 Pro and …
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Posted on 07/11/2017

Dubai sees 7.5% increase in tourists in first 9 months of 2017

Dubai is on track for another record year of tourist arrivals after seeing a 7.5 per cent increase in overnight visitors in the first nine months of the year. The emirate received 11.58 million visitors during the nine months to September 30, with Indians …
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Posted on 07/11/2017

Dubai posts 7.5% rise in tourists in first nine months of 2017

Dubai is on track for another record year in terms of tourist volumes, according to the latest data released by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism). A total of 11.58 million international overnight visitors arrived in …
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Posted on 07/11/2017

Dubai aims to be more than a film shoot location

The people at Dubai’s media free zones don’t believe in waiting around … Wouldn’t those sort of need best be met by private entities directly in the business? “Look, I come from a non-film industry … but when I go to the soundstage, it …
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Posted on 07/11/2017

Dubai Safari ticket prices announced

People of Dubai! We’ve got some good and bad news about the city’s newest wildlife destination, Dubai Safari. We’ll start with the good. The Dubai Municipality has announced that the tickets to the already iconic wildlife destination will be less …
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Posted on 07/11/2017

Dubai off-plan property sales edge ahead of ready transactions for first time since 2008

UAE. Off-plan property sales now account for more than half of total real estate transactions in Dubai for the first time since 2008, it was revealed today. While the gap between off-plan transactions and sales of ready property for the first 3Q of 2017 is …
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Posted on 07/11/2017

ABB drives Dubai’s smart solar strategy

ABB technology is supporting the development of new smart solar power systems for the city of Dubai, United Arab Emirates. Dubai Electric & Water Authority (DEWA) is using the ABB Ability Electrical Distribution Control Sys-tem to help develop data-driven …
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