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Month: April 2018

Posted on 07/04/2018

Wealth managers redraw business strategy for millennials

Dubai: Millennials, who represent the highest proportion of the world’s population, are a demanding lot, and that has prompted wealth managers to redraw their business strategies. Millennials (people born between 1982 and 2000) are generally chased by …
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Posted on 07/04/2018

Rove Hotels opens 384-room waterfront property in Dubai

Rove Hotels, a joint venture between leading UAE developers Emaar Properties and Meraas, has opened its fifth property for the new generation of travellers in Dubai. Located centrally in Dubai Marina, the new Rove Hotels property, with 384 rooms, stands …
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Posted on 07/04/2018

Dubai residential rents are losing steam

Approximately 3,800 residential units were handed over across Dubai in Q1 2018, estimates Cavendish Maxwell, a real estate consultancy. Around 15,000 units in total will be delivered this year. Landlords in Dubai are offering all sorts of incentives to …
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Posted on 07/04/2018

Hyperloop technology expands to Brazil with new innovation hub

The Hyperloop system is creating a technology that is similar to that of the space technology.” Much like the UAE, the region of Minas Gerais has become a hotbed for innovation, inviting established tech companies like Google and start-ups to thrive with …
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Posted on 07/04/2018

UAE’s Etihad opens Masdar eco-homes for cabin crew

Etihad Airways has officially opened its Etihad Eco Residence, Abu Dhabi’s first purpose-built, sustainable cabin crew accommodation project. The accommodation is the result of a partnership between the UAE’s national airline and the Abu Dhabi Future …
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Posted on 07/04/2018

UAE bank offers loans of up to 20 times a client’s monthly salary

Emirates Islamic has announced that customers can now avail personal finance up to 20 times their salary for a limited period. The special promotion runs until May 8 when customers with salaries of AED7,500 and above can benefit, in addition to the option …
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Posted on 07/04/2018

Dubai choir to perform in New York with Grammy-winner

This is a huge accolade and a bucket list item for every member of the choir,” Debra Dixon, Dubai Chamber Choir manager, told Gulf News. The host organisation, Distinguished Concerts International New York (DCINY), first found the Dubai Chamber Choir on …
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Posted on 07/04/2018

Dubai Islamic Bank & Shahid Afridi Foundation Partner to Empower Underprivileged Communities in Pakistan

Dubai Islamic Bank Pakistan (DIB) and Shahid Afridi Foundation (SAF) join hands to work towards empowering underprivileged communities across Pakistan. This MoU will help to facilitate in enhancing the reach to the deprived sectors of the society by …
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Posted on 07/04/2018

Video: Dubai residents show-off cosplay getup

Photo Clint Egbert/Gulf News. — Clint Egbert/Gulf News Many were eager to show-off their cosplay skills, meet celebrities and take part in day-long activities at the Dubai World Trade Center. The Mexican Witch visits the Middle East Film & Comic Con on …
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Posted on 07/04/2018

How Can I Lower My Property Taxes on a Second Home in Dubai?

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q. I’m buying a second home in Dubai. I know taxes are low there already, but is there any way to lower them even more? A. With so few taxes in …
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Posted on 07/04/2018

Facebook fallout draws mixed reactions in UAE

Dubai: Social media users living in the UAE say recent revelations … Residents who spoke with Gulf News had mixed reactions to the recent news that private information of nearly 50 million people was sold to a data firm without consent.
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Posted on 06/04/2018

UAE banks maintain robust performance

Banks in the UAE recorded a healthy profit growth of 4.6 per cent in 2017 while maintaining a close to zero revenue growth for the second year in a row, latest annual banking data shows. The revenue growth stagnation for the UAE banks stems from a tighter …
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Posted on 06/04/2018

UAE residents welcome new service options at Adnoc fuel stations

Abu Dhabi: Motorists in the UAE who have long enjoyed their fuel … Residents who spoke with Gulf News have mixed thoughts on the development, with many saying they would opt for the premium option to keep things the same — albeit with the added costs …
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Posted on 06/04/2018

UAE ministry warning: Do not use these dietary supplements, medicines

Abu Dhabi : The Ministry of Health and Prevention, MoHAP, has issued public warnings on the use of dietary supplements due to their alarming side effects, including sharp drop in blood pressure, anxiety, irritability, nervousness and rapid heartbeat.
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Posted on 06/04/2018

SM Town artists eager to bring more K-Pop to the UAE

We really wanted to come to UAE the most.” Addressing the media were Kangta … Catch the full interview with the SMTown artists, along with a review of the concert, later in Gulf News tabloid!
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Posted on 06/04/2018

Trump’s sons in Dubai attend wedding of Damac developer

President Donald Trump’s two elder sons have visited Dubai, attending the wedding of the daughter of a billionaire Emirati developer and business partner of the Trump Organization. Hussain Sajwani shared a picture Friday on Twitter of himself standing with …
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Posted on 06/04/2018

48 Dubai govt employees tie knot in mass wedding

His Highness Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance and Chairman of Dubai Municipality on Tuesday night witnessed the ninth joint Mass Wedding celebrations of the employees of local departments in Dubai.
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