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Month: June 2018

Posted on 26/06/2018

Abraaj chief faces criminal charges in the UAE

Arif Naqvi, founder of the Abraaj Group, is facing criminal investigation in the UAE for issuing bad cheques. The new development is expected to jeopardise the prospects the company’s efforts to resolve its issues with investors and creditors through …
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Posted on 26/06/2018

400 workers sleeping in streets after eviction from Sharjah building

However, Sharjah Municipality, in a statement to Gulf News, said the decision to evacuate was based on a court order. The municipality pointed out that it did not evacuate the building directly and without warning. The workers were notified that the …
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Posted on 26/06/2018

Dubai’s TECOM cuts freelance licence costs by 70%

… is currently available for freelancers in the media and education sectors at the Dubai Media City and Dubai Knowledge Park zones. Among the business roles covered by the scheme are intelligent education consultant, management coach, lighting …
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Posted on 26/06/2018

8,000-year-old village discovered in the UAE

Abu Dhabi: Excavations by archaeologists from the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) on the island of Marawah have revealed the earliest village yet discovered in the UAE. According to new radiocarbon dates the buildings date …
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Posted on 26/06/2018

UAE says it wants Yemen peace deal but Houthis must leave Hodeidah

ABU DHABI/ADEN (Reuters) – The United Arab Emirates (UAE) said on Tuesday an Arab coalition fighting the Houthis in Yemen was cooperating with a U.N. envoy to end fighting, but the Houthis must quit the port city of Hodeidah as a condition for any peace deal.
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Posted on 26/06/2018

Dubai hotspot eyed as Unesco heritage site

Gulf News More than a hundred years ago, it was the centre of harbour-based trade, where boats, dhows and barges passed through to bring cargoes into Dubai. An aerial view of the Dubai Creek with Deira in the foreground. The Creek is lined with sites of …
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Posted on 26/06/2018

UAE Authorities Issue Arrest Warrant Against Abraaj Founder

ABU DHABI/DUBAI (Reuters) – Authorities in the United Arab Emirates have issued arrest warrants for the founder of private equity firm Abraaj and another executive for issuing a check without sufficient funds, according to a prosecution document seen by …
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Posted on 26/06/2018

India May Jointly Bid For UAE Oil Blocks

India is in talks with companies from the United Arab Emirates (UAE) to jointly bid for oil blocks in the Middle Eastern oil producing country, India’s oil minister Dharmendra Pradhan said on Monday. “We are in talks that India could bid in the next …
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Posted on 26/06/2018

Detainees released days after AP report on UAE-run prisons

CAIRO – With hugs and kisses, family and friends of a Yemeni actor celebrated after he and at least three other detainees were freed from prisons controlled by the United Arab Emirates in southern Yemen where they had been held without charges for nearly …
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Posted on 26/06/2018

DUBAI, United Arab Emirates | Videos: Iran protesters confront police at parliament

DUBAI, United Arab Emirates — Protesters angered by Iran … It wasn’t immediately clear who led the protests. Iran’s semi-official news agencies Fars, ISNA and Tasnim described the protests at the Grand Bazaar as erupting after the Iranian …
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Posted on 26/06/2018

Asian Cup 2019: UAE to play friendlies against Trinidad and Tobago, Laos, Honduras and Venezuela

The United Arab Emirates (UAE) will move to Barcelona for their third camp which is set to start from October 1-10. After training for 10 days they will face a relatively tougher opponent in Honduras who are ranked 66 in the latest FIFA ranking.
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Posted on 26/06/2018

UAE, Saudi execs predict economic growth for year ahead

This confidence is reflected in regional corporate spending plans: three quarters of the region’s finance executives (74 percent) plan to increase investment levels by six percent or more for the year ahead. The findings place the UAE and Saudi in the …
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Posted on 26/06/2018

Abu Dhabi expo to attract 125 realty heavyweights

Leading players in the real estate and property investment industry will be in Abu Dhabi for this year’s International Real Estate and Investment Show (IREIS). Scheduled to be held at the Abu Dhabi National Exhibition Centre from November 1 to 3 …
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Posted on 26/06/2018

China’s Fidu set to pump $544m into Dubai property

Fidu Properties, one of the leading Chinese companies in the UAE property market, has announced plans to pump nearly Dh2 billion ($544 million) into the Dubai real estate sector by the end of this year. As part of its regional expansion strategy, Fidu will …
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Posted on 26/06/2018

UAE’s traditional businesses yet to get social media chats right

UAE business groups haven’t got the hang of communicating via social media. In fact, some among them still have a lot of catching up to do even on their basic web presence, according to findings by a Swiss-based branding and marketing consultancy.
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Posted on 26/06/2018

Dubai’s Abraaj ‘surprised by media interest’ after Naqvi jail threat

Bounced cheques for amounts in excess of AED200,000 remain a criminal offence in the UAE and a conviction could mean a possible jail sentence for Naqvi. Earlier in June, Abraaj filed for provisional liquidation and is using courts in the Cayman Islands to …
( read original story …)


Posted on 26/06/2018

Great News! You Can Enjoy Free WiFi In The UAE For One Week!

Rejoice! As Eid is drawing near, there are so many things to be happy about! Family celebrations, shopping and enjoying your favourite food to name a few. Adding to that list, a Ramadan campaign promises to offer UAE residents faster WiFi connection at no …
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