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Month: February 2018

Posted on 27/02/2018

UAE embraces fintech, plans more investments

Building on to the progress that was made in the financial technology (Fintech) sector in 2017, financial institutions across the UAE say that they are ready to increase their investments in internal innovation and disruptive technologies. “The future of …
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Posted on 27/02/2018

Column: Guardiola democracy calls put focus on UAE ownership

Abu Dhabi has succeeded in wrapping its soccer project with glossy … The more Guardiola turns the news conference stage into a political pulpit, the more he opens himself up to scrutiny about the politics of the City owner. It’s a moral maze Guardiola …
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Posted on 27/02/2018

Founder’s Memorial opens in Abu Dhabi

Abu Dhabi: The Founder’s Memorial, a permanent national tribute commemorating Shaikh Zayed Bin Sultan Al Nahyan, was inaugurated in an official ceremony at the Abu Dhabi Corniche on Monday under the directives of President His Highness Shaikh Khalifa Bin …
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Posted on 26/02/2018

Dubai Property Set for Another Round of Falling Rents in 2018: Analysts

The Dubai property market is in for another round of falling rents in 2018, industry analysts told Gulf News. According to various sources, the glut of homes available to rent, coupled with a slow demand, will push down the rental values by a mid-single …
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Posted on 26/02/2018

Founder’s Memorial inaugurated in Abu Dhabi

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces …
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Posted on 26/02/2018

Dubai Exports, FBMG Launch ‘Open Food Platform’ at Gulfood 2018

Dubai Exports, the export promotion agency of the Department of Economic Development (DED), together with the Food and Beverage Manufacturing Business Group (FBMG) and Gulfood, announced the launch of an ‘Open Food Platform’ at Gulfood 2018.
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Posted on 26/02/2018

Dubai Airports to close runway for upgrades in 2019

Dubai: Dubai Airports confirmed on Monday plans to close the southern runway at Dubai International Airport for 45 days in 2019 for refurbishment. The refurbishment is scheduled to take place from April 16 to May 30, 2019, when passenger traffic tends to …
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Posted on 26/02/2018

Dubai Business Club Rated 6-Stars as Dubai Economy Pursues Improved Customer Happiness

The ‘Dubai Business Club’ of the Department of Economic Development (DED) maintained its top position among customer service centres in Dubai with a six-star rating for the year 2017 too. The Happiness Lounge of Dubai Economy has also won a four-star …
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Posted on 26/02/2018

Dubai airport to close southern runway for 45 days next year

Dubai International Airport will close one of its two runways for 45 days next year for upgrade work, temporarily reducing capacity at the world’s busiest airport for international travelers, its operator said on Monday. The southern runway will be closed …
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Posted on 26/02/2018

Emaar launches new townhouse community at Dubai South

It is aimed to cater to demand within the 145 sq km Dubai South development including those working at the Al Maktoum airport, Aviation District, Business Park, Exhibition District and Humanitarian District and Logistics District. Read: Emaar unveils …
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Posted on 26/02/2018

Sharjah Film Platform launches in the UAE

Sharjah Art Foundation has renewed its commitment to filmmaking with a new initiative titled Sharjah Film Platform (SFP). The annual programme will offer production grants, workshops, discussions, film screenings and filmmaking awards. The SFP has also …
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Posted on 26/02/2018

Kelderman rides onto final Abu Dhabi Tour podium

With a strong time trial in the penultimate stage of the Abu Dhabi Tour, Wilco Kelderman placed himself in contention for overall victory. Fifth place on the summit finish at Jebel Hafeet was an even better ride from the Dutchman though as he lifted …
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Posted on 26/02/2018

Dubai police: Bollywood’s Sridevi drowned in hotel bathtub

The 54-year-old Bollywood actress died late on Saturday while on a visit to Dubai. News reports in India had quoted her brother-in-law Sanjay Kapoor as saying the actress died of a cardiac arrest. In a tweet, the Dubai police said on Monday that her death …
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Posted on 26/02/2018

Miguel Angel Lopez soars again at Abu Dhabi Tour

Lopez, like so many on his Astana team, has begun the new campaign in sparkling form, underscored by his podium finishes in Oman and Abu Dhabi this month … said that he was not concerned by the news. “I think there are little problems to be sorted …
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Posted on 26/02/2018

TechCrunch’s Michael Arrington on cryptocurrencies, ICOs, and tech in the MENA [Podcast]

25:40- Ghandour asks Arrington about his LPs and he replies that he’s happy with them and that he wants Dubai investors to participate in his hedge fund, because stuff are happening here and he needs to establish a connection. He says that it is a little …
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Posted on 26/02/2018

Dubai gold prices flat as a pancake, but may rise today

Hedge funds and money managers cut their net longpositions in COMEX gold and copper contracts in the week to February 13, US Commodity Futures Trading Commission (CFTC) data showed on Friday. Asian shares ticked up on Monday, joining a globalrecovery for …
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Posted on 26/02/2018

Australia should pass Magnitsky Act to target Putin’s cronies, businessman Bill Browder says

The British-American hedge fund manager, described as the number one enemy of the … “The Russians are not going to keep all their money in Dubai or China, they’re going to keep their money in the US, Canada, and Australia, in safe countries.
( read original story …)


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