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Month: June 2018

Posted on 06/06/2018

Abu Dhabi Announces $13.6 Billion Stimulus Program Over 3 Years

Abu Dhabi will spend 50 billion dirhams ($13.6 billion) over three years to stimulate its economy, the oil-rich emirate’s crown prince said. The government will take steps to support new industries, encourage tourism and make it easier to do business …
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Posted on 05/06/2018

Abu Dhabi introduces blockchain offering for paperless trade

A subsidiary of Abu Dhabi Ports has introduced a new blockchain offering to improve the communication flow among its trade community. Maqta Gateway is the first Abu Dhabi entity to develop and launch its own blockchain-powered solution. The entity was …
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Posted on 05/06/2018

Dubai Properties Unveils Middle East’s Largest Living Green Wall at Dubai Wharf

In a bid to promote sustainable living, Dubai Properties today officially unveiled the Middle East’s largest living green wall at Dubai Wharf, located in the heart of Culture Village overlooking the historic Dubai Creek. Extending 210 metres in length …
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Posted on 05/06/2018

Dubai gears up for debut property tech show

More than 400 senior delegates from the GCC representing real estate development, community and facilities management and property research and development, will be at the inaugural PropTech Middle East 2018, a first-of-its-kind event to be held in Dubai …
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Posted on 05/06/2018

Dubai Properties unveils Middle East’s largest living green wall

RELATED ARTICLES: Project update: Inside Dubai Properties’ minimalist $272m 1/JBR tower | Dubai Properties’ 1/JBR reaches 40% completion | Dubai Properties begins handover of Mudon’s Arabella townhouses Dubai Properties unveiled on Tuesday the Middle …
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Posted on 05/06/2018

UAE’s First Property Technology Event Set for October

Over the past few years, the rapid adoption of technology in the financial services sector has changed the traditional banking models and led to the emergence and widespread acceptance of mobile banking, biometric banking, and digital wallets, thereby …
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Posted on 05/06/2018

Dubai Police keep Maktoum Memorial crown

Dubai: Former Al Ahli midfielder Waleed Ahmad marked his return … “Playing in Division One once again will be the next challenge for me personally,” Waleed Ahmad told Gulf News. “This tournament is a great moment for us, not because we have won …
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Posted on 05/06/2018

UAE’s ADNOC may sell more of distribution business: sources

DUBAI/ABU DHABI (Reuters) – Abu Dhabi National Oil Company is considering selling another 10 percent stake in its fuel distribution business, which listed in an initial public offering last year, but the timing is uncertain, three sources familiar with the …
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Posted on 05/06/2018

African investors deploy funds in Dubai property

The main reason why these African funds are attracted to dollar-pegged markets such as the UAE is a hedge against domestic currency volatility. “The rise in real estate investment from Africa into Dubai is due to a number of reasons. Rental yields north of …
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Posted on 05/06/2018

Linksys to launch dual-band mesh wi-fi in UAE

Linksys, a leader in networking and wi-fi innovation, has announced the availability of its latest addition to the Linksys family of Velop Whole Home Wi-Fi Mesh Systems, the new Velop dual-band mesh wi-fi system. The new Velop Dual-Band Series is a smaller …
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Posted on 05/06/2018

Transformation and Technology Specialist Injazat Data Systems Opens Dubai Office

Injazat Data Systems, an industry recognized market leader in the region for Information Technology, Data Center and Managed Services, today announced its expansion into the Emirate of Dubai. This move brings the Abu-Dhabi-based firm closer to its private …
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Posted on 05/06/2018

85% of UAE consumers not saving: Here’s why

Dubai: The majority of residents in UAE have not been able to save enough money in the past year, according to new survey findings released by National Bonds on Tuesday. The investment company’s latest savings index, which is based on the responses of …
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Posted on 05/06/2018

UAE non-oil sector improved further

Dubai: Growth in the UAE’s private sector turned in its best … The figure was indicative of a sharp improvement in business conditions across the non-oil private sector, and one that was above the long-run average. The positive sentiment in the non …
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Posted on 05/06/2018

Why Are Indian Entrepreneurs Moving to Dubai?

So, what motivates Indian entrepreneurs to migrate to Dubai? Is it the country’s excellent infrastructure, ease of doing business or the quality of lifestyle? Let’s find out! A young entrepreneur and a chartered accountant by profession, Mr. Ashish …
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Posted on 05/06/2018

French Business Council Dubai MD Agnes Lopez Cruz On Supporting Entrepreneurial Minds

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. From not more than four permanent staff in 2008, the French Business Council- Dubai and Northern Emirates (FBC) is today a 16-employee organization with 800 members …
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Posted on 05/06/2018

24-hour mega sale at Abu Dhabi’s shopping malls for Eid

Abu Dhabi: Shopping enthusiasts are in for a major treat over the Eid holidays with shopping malls holding a 24-hour mega sale to mark the occasion, the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) announced on Monday. The mega sale will …
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Posted on 05/06/2018

Abu Dhabi announces discounts up to 90% at 07 malls to mark first day of Eid al Fitr

Abu Dhabi (UAE): The Department of Culture and Tourism (DCT Abu Dhabi) has announced a citywide shopping experience to give shoppers discounts of up to 90 per cent in seven malls for 24 hours, to mark the first day of Eid. The DCT announced on Monday …
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