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Month: April 2018

Posted on 17/04/2018

Technology has transformed every aspect of life in UAE

When The National launched in April 2008, it came into being first and foremost as a physical newspaper, with our website following rather than leading our coverage. Ten years later, it’s more likely that you’re reading this article on an iPhone …
( read original story …)


Posted on 17/04/2018

UAE Leadership Supports Delivery of 281 Million Vaccines to Protect Children From Polio in Pakistan

UAE support also funded more than 5,000 committed full-time … the GPEI has reduced the global incidence of polio by more than 99 percent. The GPEI receives financial support from governments of countries affected by polio, private sector foundations …
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Posted on 17/04/2018

UAE residents less confident about finances as living costs rise

More than 40 per cent of UAE residents are less confident about their financial status than a year ago as concerns surrounding the cost of living and job security increase, according to a new survey. Comparison site Yallacompare’s consumer confidence …
( read original story …)


Posted on 17/04/2018

Bahrain VAT – lessons learned from KSA & UAE

The United Arab Emirates and the Kingdom of Saudi Arabia introduced Value … Camburn also said that “VAT is not only the finance’s responsibility, it involves also other functions such as purchase, sales, IT and legal teams, etc.
( read original story …)


Posted on 17/04/2018

United Arab Emirates shares higher at close of trade; DFM General up 1.83%

Investing.com – United Arab Emirates equities were higher at the close on Sunday, as gains in the Services, Finance & Investment and Banking sectors propelled shares higher. At the close in Dubai, the DFM General gained 1.83%, while the ADX General index …
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Posted on 17/04/2018

Amlak Finance to develop $79m mixed-use project in Dubai

RELATED ARTICLES: Amlak Finance completes first property development in Mirdiff | Amlak Finance records net profits of $2m in Q1 2017 | Amlak Finance renegotiates restructuring terms Sharia-compliant real estate financier Amlak Finance has announced plans …
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Posted on 17/04/2018

UAE Government Expands Relationships With Leading US Hospitals

WASHINGTON, April 16, 2018 /PRNewswire/ — UAE Ambassador to the US Yousef Al Otaiba signed memoranda of understanding (MOU) with leaders from six top US hospitals. The agreements will ensure enhanced medical care for designated Emirati patients and will …
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Posted on 17/04/2018

Freedium Announces First Commodities Backed Digital Stable Currency at Dubai Blockchain Forum

Headquartered in Switzerland with an operational base in Dubai, UAE, Freedium is dedicated to fostering financial inclusion and unleashing the potential of emerging and developing economies starting with the launch of the first commodity backed …
( read original story …)


Posted on 17/04/2018

Meraas and Caesars Entertainment Plan to Bring Caesars Palace to Dubai

The hedge fund run by Ricky Sandler held 7.46 million shares of the homebuilding company at the end of 2017Q4, valued at $471.55 million, down from 8.12 million at the end of the previous reported quarter. Corsair Capital Management Lp who had been …
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Posted on 17/04/2018

Three generations of a family in race to be UAE’s first astronaut

Dubai: More than 4,000 Emiratis … Young and old want to be a part of it,” Al Merri told Gulf News. “Out of the final four that will be selected after the training process, one astronaut will be sent to the ISS after 2022,” Al Merri said.
( read original story …)


Posted on 17/04/2018

Abu Dhabi property rentals decline in Q1

Rentals across Abu Dhabi experienced an overall decline in the first quarter (Q1) of 2018, compared to the same period last year, according to a report from dubizzle Property, a leading property platform in the UAE. In its annual Abu Dhabi Property report …
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Posted on 17/04/2018

Properties In Abu Dhabi Are More Affordable In 2018 For Both For Buyers And Tenants

dubizzle Property, the UAE’s biggest and most visited Property platform, reveals its annual Abu Dhabi Property report, comparing price trends from Q1 2017 to Q1 2018. The report reveals a softening in property prices across the capital, providing tenants …
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Posted on 17/04/2018

UAE ends program to train Somalia’s military

… program in Somalia which started in 2014 to build the capabilities of the Somali army,” said the statement on the UAE’s state news agency WAM. About $9.6 million in cash was taken from the UAE plane on April 8, Somali police and government sources …
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Posted on 16/04/2018

Dubai property sales prices will fall further, says property consultant

International property company Chestertons MENA claims the addition of new stock, tough macroeconomic conditions and moderate population growth will place further pressure on property sales prices and rental rates in Dubai. The firm revealed that overall …
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Posted on 16/04/2018

Ex-spy: Daughter of Dubai ruler missing since escape attempt

Dubai’s government and Emirati officials did not respond to … Indian officials told the AP they had no information about the incident Jaubert described. Jauhiainen, speaking at a news conference Thursday in London, said Sheikha Latifa kept repeating …
( read original story …)


Posted on 16/04/2018

Dubai-based firm launches diamond-backed crypto assets

Dubai-based Al Kasir Group has launched three new crypto assets backed by certified diamonds, the company announced on Monday. Al Kasir Group is a joint venture under the private office of His Highness Sheikh Ahmed Bin Obaid Al Maktoum, and operates Al …
( read original story …)


Posted on 16/04/2018

Dubai’s Q1 real estate transactions hit $16bn

The Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first three months of 2018 surged to more than Dh58 billion ($15.7 billion) through 13,759 sales. According to the report issued by DLD’s Department of Real …
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