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Month: May 2018

Posted on 05/05/2018

Dubai Smartpreneur winners announced

while they are also a reflection of the innovative and entrepreneurial spirit of Dubai’s business community.” Dubai Chamber said it received more than 300 ideas during this cycle of competition, falling into three categories: blockchain, AI and digital …
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Posted on 05/05/2018

Abu Dhabi National Takaful PSC : National Takaful posts a net profit of Dh3.6m in Q1 2018

National Takaful-Wataniah reported a net profit of Dh3.6 million in the first quarter of this year compared to Dh33,000 for the corresponding period in 2017. The growth was driven by growth in medical and technical business and improvement in the combined …
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Posted on 05/05/2018

The regulator issued an alert, warning investors against dealing with the website Financial.org.

The United Arab Emirates’ securities regulator, on Wednesday warned investors not to deal with Financial.org, an unregulated company that has attracted investors from countries across Asia and the Gulf. The regulator issued an alert, warning investors …
( read original story …)


Posted on 05/05/2018

UAE deploys troops to Yemeni island, imperiling alliance

CAIRO — Yemen’s alliance with the UAE may be coming to an end after the latter deployed forces to a Yemeni island, recognized by UNESCO as a world heritage site, without prior consultation with Yemen’s exiled government, a senior Yemeni official said …
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Posted on 05/05/2018

UAE, Polish ties strong, developing

Abu Dhabi: The ties between the UAE and Poland are strong and developing, the Deputy Prime Minister of the Republic of Poland told Gulf News in an exclusive interview. “The ties between the two countries are much closer and there is a chance to develop …
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Posted on 05/05/2018

UAE, India hope to fulfil potential

Dubai: Hosts UAE and crowd-pullers India are confident of fulfilling … But I think India is where we should be,” Constantine told Gulf News. “We need to be more consistent in such big competitions. We need to do this (qualify for the Asian Cup …
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Posted on 05/05/2018

The mystery of the missing Dubai princess

Dubai’s government and Emirati officials did not respond to requests for comment. Image: The missing princess’s father, Sheikh Mohammed Bin Rashid Al Maktoum Ms Jauhiainen, speaking at a news conference in London last month, said Sheikha Latifa kept …
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Posted on 05/05/2018

Tensions brew on Yemen’s Socotra after UAE deployment

The UAE is a key partner in a Saudi-led coalition that has been … with Yemeni Prime Minister Ahmed bin Dagher in the presence of an Emirati official, Saba news agency reported. It said the delegation was informed by the Yemeni government and Socotra …
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Posted on 05/05/2018

UAE’s Azizi awards $27m contracts for Meydan Avenue projects

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Posted on 05/05/2018

UAE president says armed forces keep country secure and stable

… Sheikh Khalifa bin Zayed Al Nahyan said Saturday that the armed forces unified by the UAE’s seven emirates was “an important milestone,” state news agency WAM reported. May 6 in 1976, when the seven emirates unified its armed forces, marked “an …
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Posted on 05/05/2018

Dubai real estate: Not just a man’s world

Women buyers are an active part of Dubai’s real estate market and they continue to represent a growing share of total buyers. In Q1 2018, 2,431 female investors participated in 2,780 transactions and invested Dh4.4 billion in the Dubai property market …
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Posted on 05/05/2018

Law on Dubai Health Authority issued

Dubai: In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Shaikh Mohammad bin Rashid Al Maktoum issued Law No. (8) of 2018 on the Dubai Health Authority (DHA). The new law further enables DHA to achieve its …
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Posted on 05/05/2018

UAE warns investors not to deal with Financial.org

The United Arab Emirates’ securities regulator on Wednesday warned investors not to deal with Financial.org, an unregulated British company that has attracted investors from countries across Asia and the Gulf. The alert comes after the Philippines …
( read original story …)


Posted on 05/05/2018

$150m to be invested in takeover of UAE’s The Entertainer

GFH Financial Group said on Thursday that up to $150 million will be invested in The Entertainer, the incentives provider and lifestyle app, following a takeover deal. The company said in a statement posted to Dubai Financial Market that The Entertainer …
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Posted on 05/05/2018

Human Rights Watch asks Dubai’s ruler about runaway daughter

Human Rights Watch is asking Dubai’s ruling sheikh to reveal the whereabouts of his daughter after a French ex-spy and others say she fled the emirate, only to be arrested off the coast of India. The organization said in a statement Saturday that Dubai’s …
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Posted on 05/05/2018

Abu Dhabi Police arrest gang over UAE phone fraud

Abu Dhabi Police have announced the arrest of a gang of 11 people … in comments published by state news agency WAM. He said the gang, which possessed credit cards, bank transfers receipts, cheque books, phone sim cards and money, confessed to committing …
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Posted on 05/05/2018

US hedge fund wrests Telecom Italia control from Vivendi

ROZZANO, Italy (AP) — French media group Vivendi lost de facto control of Telecom Italia on Friday when a U.S. activist hedge fund won a majority of seats … The escape Hala, at least, was safe, having flown to Dubai months earlier to stay with …
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