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Month: June 2018

Posted on 19/06/2018

UAE most digitally advanced in Arab world

The country ranks first globally in business agility, third globally in regulatory framework and fourth globally in terms of talent. “The UAE improves its overall digital ranking in 2018, to reach 17th place. Although this is a slight increase …
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Posted on 19/06/2018

Dubai’s financial centre partners with Startupbootcamp to expand fintech offering

Dubai International Financial Centre (DIFC) has announced a partnership with incubator network Startupbootcamp to explore the establishment of programmes in areas including fintech, regtech and insurtech. The potential incubators will expand upon the …
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Posted on 19/06/2018

UAE central bank sets new caps on customer banking fees

The UAE Central Bank has announced new caps on the banking fees that lenders can charge customers in the country. The new maximum limits or ‘fee caps’ have been set on fees or commissions charged on retail customer services such as home loans and late …
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Posted on 19/06/2018

Dubai Islamic Bank : launches revamped website

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has launched a new and completely revamped website which offers a vastly enriched and superior experience to its fast growing customer base. The redesigned website will allow users to easily …
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Posted on 19/06/2018

Dubai Ruler visits injured motorist

Dubai: Social media users in the UAE applauded the kind gesture of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, who recently visited an injured motorist in hospital. The photo of the …
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Posted on 19/06/2018

Dubai Cares launches Dh3.4m programme in Zimbabwe

Dubai: Dubai Cares, part of the Mohammad Bin Rashid Al Maktoum Global Initiatives, has launched a new programme in Zimbabwe titled ‘WASH UP! Girl Talk’, in partnership with Sesame Workshop. The Dh3.4-million ($952,000) programme aims to empower primary …
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Posted on 19/06/2018

UAE ‘perfect’ for Australian businesses, says official

“Continuous engagement with our global partners is part of our relentless effort to promote Dubai as the ideal location for businesses to expand their global reach, given our connectivity to key market…our business friendly legislations and unmatched …
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Posted on 19/06/2018

Reforms will ease cost of doing business in UAE

Members of the UAE business community have welcomed the new UAE legislation that replaces bank guarantees for private sector labour recruitment with a low-cost insurance policy that will reduce costs for employers. It does away with the Dh3,000 bank …
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Posted on 19/06/2018

RTA announces that Dubai Metro could soon be getting faster WiFi

On May 31, the RTA held an open forum with customers via Twitter, fielding suggestions and ideas for helping improve both the Dubai Tram and Dubai Metro service. #RTA organized a live session on social media platforms. Ideas and suggestions were discussed …
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Posted on 19/06/2018

UAE summer officially starts this Thursday, at 2.07pm

Dubai: The longest day of the year is around the corner, and with it, the official start of summer. The summer solstice in the UAE falls on Thursday June 21 at 2.07pm, which is when the sun’s rays fall perpendicularly on the earth’s Tropic of Cancer at …
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Posted on 19/06/2018

DUBAI, United Arab Emirates | UAE’s campaign for Yemen port city a test of ‘Little Sparta’

DUBAI, United Arab Emirates (AP … political process,” Emirati Minister of State for Foreign Affairs Anwar Gargash told journalists at a news conference Monday. “If the Houthis don’t want to start the political process, we will force them …
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Posted on 19/06/2018

UAE residents can get visa against property they own

Can the title deed under my wife’s name be used as a valid document to apply for her visa? My wife and I have been living in the UAE for around four years under our own respective employment visas. Her employment tenure at her current company will come to …
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Posted on 19/06/2018

Dubai’s DEWA commissions 15 substations at a cost of Dhs1.73bn

Dubai Electricity and Water Authority (DEWA … Palm Jumeirah, Al Markad, Nad Al Hammar, Business Bay and Zabeel 2, a statement said. DEWA had 236 132/11kV substations at the end of 2017, of which 15 had been commissioned in 2017 at total cost of Dhs1.68bn.
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Posted on 18/06/2018

UAE TRA and Huawei host Seeds for the Future presentations

Huawei and the UAE TRA has hosted the projects presentation phase of the “Seeds for the Future” 2018 Competition. The competition tasks students to develop technology projects in emerging areas to address challenges in areas such as transport, education …
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Posted on 18/06/2018

UAE researchers develop new tech to detect fuel impurities

Dr Ramzan added that he believes the technology is particularly useful for Dubai due to its status as a global travel hub. “It’s important to have this in the UAE because if a jet travels around the world, it will be fuelled in Dubai, Africa …
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Posted on 18/06/2018

Abu Dhabi tourism board to make first ever visit to Canada

NEW YORK — Abu Dhabi has set its sights on the Canadian market, launching its first-ever dedicated visit to Canada. The Department of Culture and Tourism – Abu Dhabi will be visiting Canada as part of its summer North American roadshow, which also …
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Posted on 18/06/2018

Abu Dhabi stimulus confirms fiscal adjustment is over says Fitch

Abu Dhabi’s new economic stimulus programme highlights the winding down of fiscal adjustment and suggests that the fiscal policy-making framework has seen little improvement, despite sharp spending cuts and increases in non-oil revenue. In statement …
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