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Month: December 2017

Posted on 20/12/2017

Dubai gets its first commercial vertical farm

and UAE residents can now start getting their leafy greens on the same day of harvest. The company, owned by Saudi Arabian businessman Omar Al Jundi and British agricultural expert Grahame Dunling, is using the latest hydroponic technology and vertical …
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Posted on 20/12/2017

Hotel Check: Renaissance Hotel Downtown Business Bay Dubai, UAE

PROPERTY HIGHLIGHTS This is a business-friendly hotel with a tourist-friendly location. What really makes it stand out, however, is the plethora of dining options with well-known chefs at the helm/ PRICE Internet rates for a traditional room on the random …
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Posted on 20/12/2017

Dubai’s Emirates to fly to London Stansted in 2018

The airline said daily flights from Dubai International to Stansted would begin on June 8 and be operated by its new Boeing 777-300ER. The aircraft features Emirates’ improved first class, business class and economy class seats produced in partnership …
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Posted on 20/12/2017

Daily flights to Dubai are coming to Stansted Airport

Emirates is set to become the latest airline to operate from Stansted Airport, after announcing plans for daily flights to Dubai. The new route will launch next June, with Emirates hoping to attract business customers visiting Cambridge’s life sciences and …
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Posted on 20/12/2017

Dubai port operator slashes fees for cruise lines

cruise business and operations at Mina Rashid, DP World. “The discount will apply to all cruise ships making port calls in Dubai between October or May.” Marzooqi was speaking at the Seatrade Middle East Cruise Forum, according to Cruise Arabia …
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Posted on 20/12/2017

New UAE research centre set to finance 3,000 scientists

Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the Mohammed bin Rashid Centre for Future Research. The centre’s first series of research initiatives will include the financing of a research community …
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Posted on 20/12/2017

UAE teachers to be offered financial rewards under ministerial decision

Substitute teachers working in government schools will be offered financial incentives to cover for permanent staff who are absent. The Vice President, Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has issued a ministerial …
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Posted on 20/12/2017

Dubai Financial Market : UAE part of KHCB’s expansion scheme – Bucheeri

Dubai – Mubasher: Khaleeji Commercial Bank (KHCB) views the UAE market as one of its top priorities for its GCC expansion scheme, the bank’s deputy chairman said Tuesday. Speaking on the sidelines of KHCB’s listing on the Dubai Financial Market (DFM …
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Posted on 20/12/2017

Dubai’s Limitless says to make early debt payment of $112m

Dubai-based real estate developer Limitless has announced it … Once made, Limitless will have repaid almost half of its outstanding bank debt and trade creditor obligations. Thursday’s transactions will bring Limitless’ bank repayments to AED2.2 …
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Posted on 20/12/2017

UAE debate teams win Tournament of Champions at Yale

Dubai: The debate teams representing the UAE won the World Champions Trophy and the Runners-Up Trophy at the Tournament of Champions at Yale University earlier this month, school officials said on Wednesday. In the junior category, Shreyas Sharma of Grade …
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Posted on 20/12/2017

Turkey’s leader slams UAE over ‘forefathers’ retweet

ANKARA, Turkey – Turkey’s president is railing against the United Arab Emirates’ foreign minister, who retweeted a post that accused the Turkish leader’s Ottoman “forefathers” of mistreating Arabs and stealing manuscripts from the holy city of Medina.
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Posted on 20/12/2017

Free entry to Dubai Safari ends on Wednesday

We would like to inform you that starting from Thursday, 21/12/2017, entry to Dubai Safari will be with tickets,” it said. As first reported by Gulf News, Hussain Nasser Lootah, director-general of Dubai Municipality, had announced free entry for all to …
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Posted on 20/12/2017

Abu Dhabi’s Louvre to unveil Leonardo painting ‘very soon’

ABU DHABI, United Arab Emirates — The new Louvre Abu Dhabi museum is “very proud” to have acquired a painting by Leonardo da Vinci that sold for a staggering $450 million last month, an official in the United Arab Emirates said Tuesday. Director of Abu …
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Posted on 20/12/2017

UAE condemns Houthi terrorist group’s missile attack

the UAE reiterated its unwavering commitment to the Saudi-led Arab Coalition to achieve security and stability in brotherly Yemen, fully aware of the relationship between this goal and the security and stability of the region, UAE News Agency (WAM) reported.
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Posted on 20/12/2017

Dubai firm buys ‘iconic’ London skyscraper for $357m

A subsidiary of the Dubai-based Al Gurg Group has bought an “iconic” skyscraper in one of London’s most vibrant neighbourhoods for £266.5 million ($357.1 million). Great Portland Estate and BP Pension Fund have sold the 20-storey building in Blackfriars …
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Posted on 20/12/2017

Bank of S’pore hiring staff for Mid-East wealth

The private-banking arm of OCBC Bank is adding more staff in Dubai, as the Singapore lender seeks a greater role in managing the money of the Middle East’s wealthy and of Indians living overseas. Bank of Singapore plans to hire about 20 relationship …
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Posted on 20/12/2017

Revealed: The two Dubai hotels rated as ‘the worst luxury openings of 2017’ – and which hotel in the same city is named the best

Two hotels in Dubai have been rated as the worst luxury openings of 2017 by experts at a prestigious travel website. Luxury Travel Intelligence (LTI), a members-only resource for affluent globetrotters, has ranked both The Dukes Dubai and Five Palm …
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