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Month: March 2018

Posted on 22/03/2018

Ahead of Expo 2020, Dubai Gets a Makeover

will have views of Downtown Dubai and The Dubai Creek Tower Emaar Properties “The Expo for me personally is an opportunity for this incredible city to display its unique qualities to the world,” says Jason Hayes, founder and CEO of Luxury Property …
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Posted on 22/03/2018

New UAE blockhain “token” buys you stake in lucrative property investments

Evareium has been launched to pioneer crowdfunding and management of direct investments in real estate, starting in Dubai and the GCC region before evolving globally. Evareium provides the means for investors can relinquish the burden of having to …
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Posted on 22/03/2018

Dubai ruler enacts new laws to boost financial hub

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum has enacted two new laws that aim to improve and expand Dubai International Financial Centre’s (DIFC) private wealth management and succession planning platforms. Both the Trust Law and Foundations Law are …
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Posted on 21/03/2018

Sharjah realty to pick up ahead of Expo 2020

Sharjah’s property market has seen softening slightly in line with the trend in other emirates with prices dropping between 5 to 7 per cent and are expected to increase as Expo 2020 approaches and population grows, industry executives said. “The softening …
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Posted on 21/03/2018

UAE to become world’s first inclusive nation, says Special Olympics chairman

Abu Dhabi: With the nation’s great legacy of its forefathers, moral education and principles of the Special Olympics, the UAE will become the world’s first inclusive nation, Special Olympics chairman Timothy Shriver said on Wednesday. Shriver delivered …
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Posted on 21/03/2018

New research centre will study Dubai fires

Dubai: A new research centre will be created later this year by Dubai Civil Defence to track and isolate weak points in the fire response system in Dubai, said a senior firefighting official on Wednesday. Major-General Rashid Al Matroushi, director of …
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Posted on 21/03/2018

Meet the Locals: Bridging cultural gaps in the UAE

ABU DHABI: Can you name three Emirati dishes or any restaurant that serves authentic local cuisine? If you are still wracking your brain, then you may want to get in touch with Meet the Locals. The brainchild of Emiratis Abdulla Al Matar, 27 and Khadija …
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Posted on 21/03/2018

Sami Yusuf to perform in Sharjah on April 6

Sharjah: British singer Sami Yousuf, who has sold 34 million albums to date, will be performing live at Sharjah’s Al Majaz Amphitheatre on April 6. Tareq Saeed Allay, director of Sharjah Government Media Bureau (SGMB), said: “We are excited to host …
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Posted on 21/03/2018

UAE-India integrated hiring system soon to prevent fraud

a senior UAE official told Gulf News on Wednesday. “Once the system is functional, all employers and recruitment agents can do recruitment [of certain category of workers] only through this system. They cannot do independent recruitment from India …
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Posted on 21/03/2018

Dubai girl gets $75,000 NYUAD scholarship

She is passionate about henna and provides henna design at many events around Dubai. She has designed an eco-friendly company at her school too.” As it turns out, Suman didn’t have to wait too long to hear back from NYUAD. When she got the good news …
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Posted on 21/03/2018

Dubai starts work on fourth phase of solar park

UAE Vice President and Prime Minister and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum has broken ground on the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) project in the world.
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Posted on 21/03/2018

Mohammed bin Rashid Breaks Ground on World’s Biggest Concentrated Solar Power Project

Vice President and Prime Minister of the UAE and Ruler of Dubai HH Sheikh Mohammed bin Rashid Al Maktoum broke ground on the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the biggest Concentrated Solar Power (CSP) project in the world.
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Posted on 21/03/2018

Dubai’s ruler breaks ground on world’s biggest concentrated solar power project

Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Ruler of Dubai, has broken ground on the world’s biggest concentrated solar power (CSP) project. The 700MW project forms the fourth phase of the Mohammed bin Rashid …
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Posted on 21/03/2018

UAE Ministry of Finance celebrates International Day of Happiness

Under the directives of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, the Ministry of Finance (MoF) organised an internal initiative titled “The Ministry of Finance, the happiest ministry.” As part of the …
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Posted on 21/03/2018

China’s CNPC inks $1.18B deal for stakes in Abu Dhabi oil

DUBAI, United Arab Emirates – China’s state-run national petroleum company has signed a deal worth $1.18 billion for stakes in two oil and natural gas concessions in the United Arab Emirates’ capital of Abu Dhabi. The state-owned Abu Dhabi National Oil …
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Posted on 21/03/2018

Abu Dhabi ruler issues law to merge investment funds

we enhance the country’s competitive position,” he added in comments published by state news agency WAM. Under the new law, the Mubadala Investment Company board of directors will now become the board of directors for the Abu Dhabi Investment Council.
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Posted on 21/03/2018

UAE President orders restructuring of Abu Dhabi Investment Council

Abu Dhabi: President His Highness Shaikh Khalifa Bin Zayed Al Nahyan has issued, in his capacity as the Ruler of Abu Dhabi, a law restructuring Abu Dhabi Investment Council, ADIC, whereby it will become part of the Mubadala Investment Company group.
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