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Month: November 2017

Posted on 03/11/2017

A new milestone in UK-UAE literary partnership

As the inaugural Guest of Honour at this year’s book fair, members of a UK trade mission team attending the book fair told Gulf News that the gesture by Sharjah organisers is a signal of a growing cultural exchange of all things literary between the UAE …
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Posted on 03/11/2017

Dubai Police use footprints to nab criminals

Earlier, Dubai Police had told Gulf News that the police command room is acquiring new artificial intelligence and biometric facial recognition software to help predict crimes. Brigadier Kamil Butti Al Suwaidi, Director of the Operations Department …
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Posted on 02/11/2017

Would you ride in a driverless car in Dubai?

From Smart Dubai’s plan to become paperless in 2021, including the Emirate’s smart tourism initiative and WiFi for all, Dubai’s aspirations of becoming a benchmark for future smart cities are the real deal. Now the focus turns to driverless vehicles.
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Posted on 02/11/2017

Spend a day at the Louvre Abu Dhabi

But along with a stop at the Children’s Museum and the temporary exhibits, we envision that families can spend nearly a whole day at the museum,” Hessa Al Daheri, deputy director of Louvre Abu Dhabi, told Gulf News. One of the main aims of the new …
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Posted on 02/11/2017

Meet Dubai Metro’s luckiest commuters

It’s very convenient for me to just hop on the metro and travel to work all in 40 to 45 minutes without having to deal with traffic jams,” Mohiuddin, 31, told Gulf News. “In my almost eight-and-a-half years in Dubai, I have never felt the need to buy …
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Posted on 02/11/2017

Emaar unit’s $1.5bn IPO fully subscribed within hours

The IPO is an “opportunity to invest in the future of Dubai as we continue to build iconic freehold master-planned communities,” Emaar chairman Mohamed Alabbar said in the statement. Emaar Development has a clear growth strategy, projects in premium …
( read original story …)


Posted on 02/11/2017

Palestinian youth in UAE treasure a land they have never seen

Dubai: They all share the same hope and have heard similar stories … Coming from Nablus, a place she has only heard about and read in the news, Tamimi recounts the positive things that cross her mind first. “It’s famous for having the authentic …
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Posted on 02/11/2017

Rahul extends form to help UAE wreck Bahrain

He also had bagged four wickets in the semi-final and also claimed five wickets for 19 runs against Midlands University from the UK in the UAE Under-19 warm up match before the tour. Speaking to Gulf News from Malaysia after bagging a total of 20 wickets …
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Posted on 02/11/2017

Dubai Investments Targets Indian Investors for Real Estate Projects

Dubai Investments [DFM: DIC], the leading diversified investments company listed on the Dubai Financial Market, is targeting investors from India for its real estate projects. The company announced this as part of its participation in the 3 rd Dubai …
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Posted on 02/11/2017

Abu Dhabi reveals plan to chase more Indian tourists

As a tourism delegation on a two-city tour to Mumbai and Delhi draws to a close, tourism chiefs revealed that the Abu Dhabi Week in India initiative will become an annual event. According to state news agency WAM, the Department of Culture and Tourism …
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Posted on 02/11/2017

Dubai spends $27m to promote African investment opportunities

Goolam Ballim, Chief Economist at the Africa’s largest financial services provider Standard Bank said Dubai Chamber held the conference to help bridge the information gap between investors and African companies, so they can tap the continent’s massive …
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Posted on 02/11/2017

National Flag Day marked across UAE

Sharjah: National Flag Day was marked across the country today with the UAE flag being hoisted in the sky by members of the UAE community. The occasion, which marks the accession of His Highness Shaikh Khalifa Bin Zayed Al Nahyan to the office of President …
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Posted on 02/11/2017

Dubai forum to focus on making citizens happy

managing director and chief executive officer of Dubai Electricity and Water Authority (Dewa); Ali Al Hameli, director of News Centre at Dubai Media Incorporated; and Dr Ahmad Al Nusseirat, general coordinator of the Dubai Government Excellence Programme.
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Posted on 02/11/2017

Emaar seeking to raise $1.5bn from development unit IPO

Emaar, Emaar Malls and the company’s units in Saudi Arabia and Egypt are already listed. The IPO is an “opportunity to invest in the future of Dubai as we continue to build iconic freehold master-planned communities,” Emaar Chairman Mohamed Alabbar said …
( read original story …)


Posted on 02/11/2017

Emaar to raise up to $1.5bn in IPO of domestic development arm

Dubai property giant Emaar is looking to raise as much as $1.5bn from the initial public offering of its domestic development arm on Thursday. The IPO of Emaar Development opens today, offering 20 per cent of the share capital at an indicative price range …
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Posted on 02/11/2017

Emaar Development expects to raise up to $1.5bn in Dubai IPO

Emaar Development, a unit of Dubai property firm Emaar Properties, has set an indicative price range for its initial public offering, which would value the deal at Dhs5.52bn ($1.5bn) at the top end of the range. This is the first major listing in Dubai …
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Posted on 02/11/2017

Emaar Development IPO seeks up to $1.5 bln in first major Dubai listing in 3 years

DUBAI, Nov 2 (Reuters) – Dubai’s Emaar Properties is looking to raise as much as $1.5 billion from the sale of shares in its development unit in Dubai’s first major listing since 2014. The assets of Emaar Development include 49 units in Dubai’s Burj …
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