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Month: June 2018

Posted on 30/06/2018

Dubai Cares hosts volunteering activity at special needs centre

Dubai: Dubai Cares, part of Mohammad Bin Rashid Al Maktoum Global Initiatives, on Saturday announced it will be conducting 10 editions of its popular local volunteering initiative, Volunteer Emirates, in collaboration with Senses Residential and Day Care …
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Posted on 30/06/2018

A vision for the future of Dubai, with a fish market at its heart

Dubai: Issam Galadari is a soldier of His Highness Shaikh Mohammad … “By creating better facilities, we are creating more business opportunities for traders,” whilst also providing something that is socially-enriching, and not simply about luxury.
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Posted on 30/06/2018

UAE- Union Properties unit ServeU to launch IPO in September

(MENAFN – Khaleej Times) Facilities management company ServeU, a subsidiary of Union Properties, will launch its IPO in September and aims to double the number of its workforce to 10,000 in the next couple of years through organic and inorganic measures …
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Posted on 30/06/2018

Transfer vehicle ownership online in Abu Dhabi from September 1

Abu Dhabi: From September onwards, motorists will be able to transfer vehicle ownership online without having to visit an Abu Dhabi Police service centre, the Abu Dhabi Police announced in a statement sent on Saturday (June 30). Major General Maktoum Al …
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Posted on 30/06/2018

Abu Dhabi tops Middle East, Africa smart cities ranking

reported state news agency Wam. With a rating of 18.4, Abu Dhabi ranked first in the region, followed by Dubai with a rating of 17.3. Covering 50 international cities, the report compared the extent to which the application of technology directly improves …
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Posted on 30/06/2018

Done: Tunnel drilling works for Dubai Route 2020

Dubai: A 3.2-km tunnel that forms part of Route 2020 in Dubai, and would take the Dubai Metro to the Expo 2020 venue has been completed, it was announced on Saturday. Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of …
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Posted on 30/06/2018

Abu Dhabi tops ranking of smart cities in region

Abu Dhabi: Abu Dhabi has been ranked top of a list of cities in Africa and the Middle East in the McKinsey Global Institute study ‘Smart Cities: Digital Solutions for a More Liveable Future’. The study looked at how cities all over the world use …
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Posted on 30/06/2018

Expo 2020, reforms key to 1% GDP boost to UAE economy

Expo 2020, economic reforms, Abu Dhabi’s $13.6 billion stimulus, and ADNOC’s expansion could add about 1 percent to the UAE’s non-oil real GDP growth in 2019, according to new research. Bank of America Merrill Lynch said structural reforms support …
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Posted on 29/06/2018

Union Properties unit ServeU to launch IPO in September

“All the governance and strategies have been aligned to make sure that everything is in right place ahead of IPO which is planned for September this year and listing will be on the Dubai Financial Market. It is difficult to give the size of IPO or how much …
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Posted on 29/06/2018

This bakery in Abu Dhabi has been serving customers since 1978

Abu Dhabi: From its humble beginnings when it opened 40 years ago in Abu Dhabi, in what was then a vastly different city to what it is now, Khaleej Bakeries and Pastries continues to be one of the capital’s most well-known establishments and one of the …
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Posted on 29/06/2018

UAE Banks Federation launches financial literacy guide for SMEs

The UAE Banks Federation (UBF) has stepped up its efforts to increase the level of financial awareness in the country by launching a financial literacy handbook for SMEs. Representing over 60 percent of the country’s GDP and employing 42 percent of its …
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Posted on 29/06/2018

UAE-China banking ties to see more sustainable, growing synergy: Dubai financial official

DUBAI – The banking relations between the United Arab Emirates (UAE) and China will see more sustainable and growing synergy in future, a senior official of the Dubai International Financial Center (DIFC) told Xinhua in an interview on Thursday. Salmann …
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Posted on 29/06/2018

Sharjah Book Authority meets US library experts

Sharjah: Sharjah Book Authority (SBA) held a series of meetings with book industry and library leaders at the American Library Association (ALA) Conference and Exhibition in New Orleans. During the event, a SBA delegation highlighted the growing importance …
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Posted on 29/06/2018

Dubai plans revolutionary retractable aircraft cabin project

Khalifa Suhail Al Zaffin, executive chairman of Dubai Aviation Engineering Projects said: “The advent of new travel technologies such as supersonic aircraft and space travel have raised questions about the ability of existing airports to accommodate these …
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Posted on 29/06/2018

Now, no need to display parking tickets on dashboard in Dubai

Antonin Kélian Kallouche/Gulf News In a statement to Gulf News, RTA said: “The project is part of the vision of ‘Smart Dubai’. RTA has introduced this pilot project and we shall announce further updates in due course of time.” Unlike the old …
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Posted on 28/06/2018

UAE- Right time for NRIs to buy property in India

(MENAFN – Khaleej Times) The Indian real estate sector is seeing a gradual resurgence, one year after the implementation of key policy reforms. With property prices having hit rock bottom in major cities, developers still coping with unsold inventory and …
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Posted on 28/06/2018

UAE court reserves judgement in Naqvi criminal case

Dubai: A Sharjah court on Thursday reserved the judgement until … three cheques signed by Arif Naqvi totalling an amount of $300 million were presented to the Bank and subsequently dishonoured due to insufficient funds. These cheques stem from an …
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