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Month: April 2018

Posted on 05/04/2018

Dubai tenants in the driver’s seat

Business Bay, Mohammed Bin Rashid City and Jumeirah Village Circle dominated the off-plan transfers tally during the first quarter of the year, according to Cavendish Maxwell. Meanwhile, traditional favourites including Dubai Marina and International City …
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Posted on 05/04/2018

AstroLabs Expands Launching Second Dubai Tech Hub

AstroLabs Dubai Lakeside is located in DMCC’s vibrant Jumeirah Lakes … The collaboration works precisely because DMCC provides the business-friendly environment and modern infrastructure that enables start-ups to focus on their project, move quickly …
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Posted on 05/04/2018

Smart Dubai Launches ‘Edaad’ Scheme to Train New Emirati Employees

“Smart Dubai has set a global standard in its push to create a smart … knowledge of data structures and algorithms, project management and business analysis. The scheme has also been designed to teach ‘soft’ skills, such as interpersonal …
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Posted on 05/04/2018

Dubai tycoon launches initiative for Dubai debt prisoners

Dubai tycoon Khalaf Ahmad Al Habtoor has launched a new initiative … The chairman added that in some cases circumstances may not be conducive for business success, resulting in a lack of liquidity and the inability to pay what’s owed.
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Posted on 05/04/2018

Dubai contractor Drake eyes $122m sukuk to enhance ops

In January, the Dubai-based contracting giant announced that it has successfully completed the restructuring of its corporate general bank debt in the UAE. The company said that it has also secured new credit lines and working capital facilities for its …
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Posted on 04/04/2018

UAE telco launches unlimited roaming deal for Saudi Arabia

The UAE-based telco said the new Saudi unlimited pack, valid for 7 days, offers bigger savings on calls and data usage due to very high data and voice allowances for receiving calls, and making outgoing calls to Saudi Arabia and the UAE. Khaled Elkhouly …
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Posted on 04/04/2018

Rulers of Sharjah, RAK and UAQ receive condolences

Sharjah: Their Highnesses Supreme Council Members and Rulers Dr Shaikh Sultan Bin Mohammad Al Qasimi of Sharjah, Shaikh Saud Bin Rashid Al Mualla of Umm Al Quwain and Shaikh Saud Bin Saqr Al Qasimi of Ras Al Khaimah on Wednesday received condolences from …
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Posted on 04/04/2018

Abu Dhabi courts act tough in labour cases

Abu Dhabi: Abu Dhabi courts have taken stringent action against several employers in the emirate, who violated labour laws, court officials said here on Wednesday. In some cases, especially in cases of non-payment of wages, the fines reached up to Dh5 …
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Posted on 04/04/2018

Dubai mum meets daughters abducted 7 years ago

DUBAI: Around this time — on April 4, 2011 to be precise — Lithuanian expat Maimouna Liskauskaite’s Pakistani husband Jamshed Siddique told her he was taking their daughters Mariam 7, Aisha, 5, and Amna, 3, to Safa Park for an evening stroll. It will …
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Posted on 04/04/2018

Watch video: Women walking around Dubai in trash suits

Dubai: Guess how much trash you accumulate in a month? Two UAE-based women are on a mission to show you just that. South African Mariska Nell, 30, and Australian Marita Peters, 37, will wear every piece of trash they generate for 30 days, as part of their …
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Posted on 04/04/2018

UAE CEOs optimistic on business outlook

Dubai: Majority of UAE CEOs (65 per cent) are very positive on the business conditions in the country during the next 12 months according to Oxford Business Group (OBG) Business Barometer UAE CEO Survey. The survey designed to gauge the business outlook of …
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Posted on 04/04/2018

UAE bank increases loan limits to nearly Dh200,000 for average earners

Dubai: A UAE-based bank is increasing the loan limits for first-time and existing borrowers, allowing a number of average-income earners to get financial assistance of nearly Dh200,000. Emirates Islamic announced on Wednesday that it is now allowing …
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Posted on 04/04/2018

Dubai Property Festival To Takes Place in Few Days

The largest property promotion event in the region will take place from 9th to 11th April 2018 at the Dubai World Trade Centre Offering unique investment opportunities and the lowest financing rate with a profit rate of 1.85% per annum on mortgages …
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Posted on 04/04/2018

Dubai’s AstroLabs opens second co-working space for start-ups

AstroLabs said those that choose to setup their companies in the space would benefit from speedier business licencing in the Dubai Multi Commodities Centre (DMCC) free zone and could establish 100 per cent foreign-owned entities. Companies to have utilised …
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Posted on 04/04/2018

Dubai Police rescue family trapped in a lift

Dubai: Dubai Police will train security guards as a first line of response to rescue people trapped in lifts after a family was trapped recently inside a lift in a shopping centre for 45 minutes. Lt-Colonel Ahmad Atiq Burqibah, deputy director of the …
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Posted on 04/04/2018

Dubai’s Prime Property Prices More Affordable Than Global Peers: Report

Dubai’s prime residential property prices have been softening, which made the emirate more economical than most of its peers around the world. However, analysts believe the prices are projected to rise, thanks to significantly lower buying costs for real …
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Posted on 04/04/2018

Abu Dhabi looks absolutely dreamy during ‘fog season’

I want to make Abu Dhabi a destination for photographers in the same way Dubai is.” Stay up to date with the top travel news stories by signing up to our newsletter or following us on Facebook.
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