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Month: March 2018

Posted on 13/03/2018

Antonio-led firm bags $3.2-billion Dubai deal

REVOLUTION Precrafted Properties Philippines Inc., a company led by one of the sons of former Ambassador Jose E.B. Antonio, said it bagged a $3.2-billion deal that will supply Dubai-based luxury property developer Seven Tides Ltd. to manufacture and supply …
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Posted on 13/03/2018

Revealed: Dubai’s plans for ‘Police without Policemen’

Dubai Police has proposed a ground-breaking project called … However, with the disruptive innovation that we propose through our new projects that deploy the latest technologies, we aim to scale up operational efficiency. These projects will serve …
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Posted on 13/03/2018

Dubai’s Abraaj hit by more senior departures

Dubai-based Abraaj, which manages about $13.6 billion, is reorganising the business following allegations in recent weeks that money in its healthcare fund had been misused. The Bill & Melinda Gates Foundation, the World Bank’s International Finance Corp …
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Posted on 13/03/2018

Police without policemen: Dubai to use advanced technology for better surveillance

Gone are the days when the police patrol was a common sight, Dubai is on the verge to make a history. On Monday, the Dubai Future Foundation (DFF) announced that a new initiative called “Police without Policemen” would be implemented very soon.
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Posted on 13/03/2018

UAE’s BinSina Pharmacy plans to open 15 new stores this year

UAE pharmacy BinSina has announced plans to open 15 new outlets across the country in line with the country’s expanding healthcare market. The pharmacy is set to launch its new outlets across Dubai, Abu Dhabi, Ras Al Khaimah, and Sharjah with the rollout …
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Posted on 13/03/2018

Man beats wife for disconnecting WiFi

DUBAI: A man in India’s Somajiguda beat his wife after she disconnected the WiFi in an effort to force him to sleep, India’s IANS agency reported. According to police reports, Reshma Sultana switched off the WiFi connection on Wednesday in a bid to …
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Posted on 13/03/2018

UAE roads becoming safer, say motorists

The study, which was carried out by YouGov in February, is based on the views of a representative sample of 1,004 UAE residents. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
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Posted on 13/03/2018

Dubai presents itself as diamond re-export hub to Botswana

“Dubai is an ideal platform for Botswana to use as a re-export hub, with strong links across the Middle East, Asia and Europe,” Mr Al Hashemi said. “The Emirate offers plenty of advantages such as a world-class infrastructure, business-friendly …
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Posted on 13/03/2018

Dubai WoodShow takes off with more than 300 exhibitors

“A true green and sustainable industry, Steel Wood Industries business is in line with the vision of Sheikh Mohammad Bin Rashid Al Maktoum, vice president of UAE and ruler of Dubai – who remains our true inspiration.” The UAE’s Dh4 billion wood and …
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Posted on 13/03/2018

Dubai Chamber: How the Region’s Leaders Are Reacting to Disruption & Innovation

H.E. Buamim added: “Dubai Chamber is honoured to extend its support The Retail Leaders Circle MENA as an Event Partner, as this premier event will provide a powerful platform for business leaders to discuss pressing challenges, explore new growth …
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Posted on 13/03/2018

Abu Dhabi’s Rotana opens new Dubai Creek hotel

Features of the two include an executive lounge, a business centre, meeting and conference facilities … The combined 280 keys will add to Rotana’s existing 3,142 across nine other hotels in Dubai. The company also has 2,888 rooms under various stages …
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Posted on 13/03/2018

Update: Arabian Business StartUp Academy – How will VAT affect the UAE’s SMEs?

The Arabian Business StartUp Academy will take place on Monday, March 26 at the Dubai Technology Entrepreneur Centre (DTEC) in Dubai Silicon Oasis. The theme for the quarterly event will revolve around the newly-introduced Value Added Tax (VAT) in the UAE …
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Posted on 13/03/2018

Why Companies Get Subpoenaed and How to Avoid It

Funds are raised through the creation and sale of virtual currencies … William Skelley, co-founder of William Chris, a Dubai-based consulting firm founded by David Drake and Simon Cocking thinks the SEC is doing what it is expected of it.
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Posted on 13/03/2018

Turkish heiress’s Dubai hen party ends in fiery air crash

A weekend hen party in Dubai ended in tragedy when the private jet carrying a Turkish heiress and her seven girlfriends crashed in the Iranian desert. Mina Basaran, 28, was treating her friends to a no-holds-barred girls weekend in the desert kingdom.
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Posted on 13/03/2018

Why Sound Legal Advice is Critical for Subpoenaed ICO Companies

Is SEC’s Move Justified? “Absolutely, I have a ton of respect for the SEC and love that they are protecting investors,” says William Skelley, Co-founder of William Chris, a Dubai-based consulting firm founded by David Drake and Simon Cocking.
( read original story …)


Posted on 13/03/2018

Meet the Indian-origin doctor who won Abu Dhabi Award

Abu Dhabi: “The UAE was not built on money but a vision [of Shaikh … of Emirati patients when they and their loved ones are in pain,” he told Gulf News while narrating his experience since he reached Al Ain on May 30, 1967. He said Emiratis are …
( read original story …)


Posted on 12/03/2018

UAE banks set for double-digit profit growth

“May be it is good in another way as lower real estate prices will make the UAE more competitive as the cost of doing business will decline.” He said the implementation of value added tax is helping banks with better lending opportunities as SME will be …
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