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Month: May 2018

Posted on 27/05/2018

Video: How Zoom Property, Dubai’s new property portal, plans to grow in a busy market

There’s a new property portal on the market, Zoom Property. What’s unique about it and is there even room in the market for such a venture? Gary Dalton is the company’s managing director. He says that Zoom launched with 20,000 properties on its efficient …
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Posted on 27/05/2018

UAE strives to become financial innovation center, taking advantage of China’s B&R Initiative

The United Arab Emirates (UAE) has stepped up its efforts to position itself as a center of banking and financial technology innovation to take advantage of the China-proposed Belt and Road (B&R) Initiative. The efforts are led by the Abu Dhabi Global …
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Posted on 27/05/2018

UAE students shine in CBSE Class 12 results

Dubai: Indian schools in the UAE have once again reported strong performance by their students in the CBSE Class 12 exams as the results were announced on Saturday, with many school toppers scoring high 90s. There is no official toppers’ list from the …
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Posted on 27/05/2018

Cyclone Mekunu brings scattered showers in UAE

Mohammad Al Ebri, director of the National Centre of Meteorology (NCM) in Abu Dhabi, told Gulf News on Friday that Mekunu was a Category 2 storm on Friday, with winds of up to 167km/h at its centre, but has started to weaken. On Saturday, weathermen …
( read original story …)


Posted on 26/05/2018

Abu Dhabi’s problem with the Muslim Brotherhood

The blockade of Qatar, which is about to enter its second year, appears to be motivated in part by Abu Dhabi’s long-held antipathy towards individuals, institutions, and governments that appear supportive of “political Islam”, which the UAE government has …
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Posted on 26/05/2018

New UAE student visa will give families relief, says official

Dubai: The new long-term visa for students in the UAE will have a positive social impact, besides making the country a more attractive destination for foreign students and universities, a senior official said. In an interview, Mohammad Abdullah, managing …
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Posted on 26/05/2018

3 men, woman jailed for running brothel in Dubai

Dubai: Three workers and a woman have been jailed for three years each for running a brothel where two 17-year-old girls were found to be working as prostitutes. One of the Pakistani girls was reported to have been convinced by her 24-year-old countrywoman …
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Posted on 26/05/2018

Average Dubai office rents soften by 4.3% in a year

Average office rents across Dubai softened by 4.3 percent year-on-year in the first quarter of 2018 despite greater activity levels, according to a new report. Knight Frank Dubai, in its Q1 2018 UAE Commercial market update, said the occupier market …
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Posted on 26/05/2018

du’s Ramadan Video Demonstrates How Simple it is to #KeepOnGiving

First, by connecting people through incredible data and roaming offers, as well as the provision of high speed WiFi UAE in all locations … environmentally friendly boxes for families in need throughout Dubai and the Northern Emirates.
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Posted on 26/05/2018

Dubai Is Opening a Park Inspired by Stories in the Quran

Created by the Dubai Municipality, the park will contain 12 orchards … They will cleverly contain solar panels with Wi-Fi, an output for charging phones and act as a shaded area for visitors too. Of course, no park is complete without a children’s …
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Posted on 26/05/2018

Saudi Aramco IPO ‘most likely’ to happen in 2019

The Aramco IPO would be a once-in-a-generation event for financial markets … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 26/05/2018

Dubai Bank raids Kenyan rivals for top management

Giant Gulf lender Dubai Islamic Bank’s local subsidiary, DIB Bank Kenya, has hired top executives from leading local rivals, taking its total staff count to 112 as it seeks to gain a toe-hold in the Kenyan market 13 months after its launch. The Dubai …
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Posted on 25/05/2018

Al Kaabi opens UAE exhibition in Venice

Dubai: Noora Mohammad Al Kaabi, Minister of Cultural and Knowledge Development, on Thursday opened the Lifescapes Beyond Bigness exhibition at the National Pavilion UAE participating in the 16th International Architecture Exhibition of the Venice Biennale …
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Posted on 25/05/2018

Cyclone Mekunu to cause scattered showers in UAE

Mohammad Al Ebri, director of the National Centre of Meteorology (NCM) in Abu Dhabi, told Gulf News that while Mekunu was a Category 2 storm on Friday, with winds of up to 167km/h at its centre, it will be downgraded to a tropical depression as it travels …
( read original story …)


Posted on 25/05/2018

Cyclone Mekunu forecast to have ‘minimal’ impact on the UAE

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Posted on 25/05/2018

UAE sovereign wealth fund Mubadala pays $271m for stake in Gazprom oil subsidiary

“This cements the link between GCC countries and Russia,” Giorgos Beleris, a Dubai-based oil analyst for Thomson Reuters, told Arab News. Richard Mallinson, co-founder of London research consultancy Energy Aspects and a research associate with the …
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Posted on 25/05/2018

Sharjah inmates get a second chance at life

Dr Shaikh Sultan paid off their debts amounting to Dh20 million. Colonel Ahmad Suhail, director-general of Sharjah Punitive and Rehabilitation Establishments, told Gulf News that the facility spares no effort to lend a helping hand to their inmates …
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