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Month: July 2018

Posted on 23/07/2018

UAE Embassy: So-called ‘Emirates Leaks’ are fake

The statement added that “the so-called ‘Emirates Leaks’ dossier comes as an extension of what the newspaper had started earlier with fabricated news attributed to UAE’s Embassies in Beirut and Washin…
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Posted on 22/07/2018

Can someone tell how to start a business in Dubai?

Great developers and designers are hard to find. Let Toptal match you with the top 3% of developers and designers for your next project. No-risk trial. All you need to know on business registration in …
( read original story …)


Posted on 22/07/2018

Banking a challenge for 65 per cent of UAE SMEs, study shows

Almost two-thirds of entrepreneurs consider banking their first challenge when setting up a business with funding the second biggest obstacle, according to a new UAE government study released on Sunda…
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Posted on 22/07/2018

Watch: Dubai Ruler surprises passengers at airport

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, inspected Dubai International Airport on Sunday, accompanied with Shaikh Hamdan Bin Mohammad Bin Rashi…
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Posted on 22/07/2018

China’s Silk Road Fund to acquire 24% of Dubai solar project

Saudi Arabia’s ACWA Power has announced that China’s Silk Road Fund will acquire just under a quarter of the 700MW concentrated solar power (CSP) project it is working on in Dubai. The agreement was s…
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Posted on 22/07/2018

Little cheer for Dubai as market pain continues

Dubai: The underperforming Dubai Financial Market (DFM … in the wake of Emaar Development’s initial public offering (IPO). Now, corporate governance issues emanating from Abraaj, which has been accu…
( read original story …)


Posted on 22/07/2018

Can UAE residents’ Facebook, social media accounts be inherited?

Dubai: UAE residents can now arrange a Will to have their social media accounts, including Facebook, Instagram or Twitter, inherited by their loved ones or beneficiaries when they pass away. The Wills …
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Posted on 22/07/2018

Green car finance market revs up in the UAE

The green auto loan market has ramped up after two new players launched eco-friendly car finance products to encourage customers to buy hybrid or electric vehicles as part of the UAE’s 2021 Sustainabi…
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Posted on 22/07/2018

Noor Bank strategy to become world class Sharia bank

Dubai: Noor Bank after undergoing a recent management overhaul is working on a strategy to emerge as one among top ten contemporary Islamic banks in the world. The focus of the new team that took char…
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Posted on 22/07/2018

Noor Bank rolls out new proposition for the affluent

Dubai: Noor Wealth, a wealth management proposition by Noor Bank tailored to meet the personal and business financial needs of high-net-worth individuals (HNWIs), is a key pillar of the bank’s new ret…
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Posted on 22/07/2018

China, UAE can connect on blockchain future

The UAE and China share a passion for technology. Under President Xi Jinping’s leadership, China is implementing an innovation-driven development strategy that has western nations scrambling. Likewise …
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Posted on 22/07/2018

Dubai’s HBMSU to host China-UAE conference on Islamic banking in November

This year’s event is being organised under the theme, ‘The potential for participative economy and financial system: growth, development, integration, and cooperation’. The conference is strategically …
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Posted on 22/07/2018

UAE entrepreneurs face ongoing banking challenges, solutions proposed

A study from Dubai Chamber of Commerce and Industry (Dubai Chamber) conducted in coordination with the UAE Ministry of Economy, Council of Small and Medium-Sized Enterprises and global consultancy fir…
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Posted on 22/07/2018

Dubai Islamic Bank partners with Emirates Skywards

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has partnered with Emirates Skywards to launch a co-branded credit card that allows users to earn Skywards Miles and receive other added …
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Posted on 22/07/2018

Dubai eyes stronger business and investment ties with Egypt

Dubai FDI, the investment development agency of Dubai Economy Department (DED), has moved to further strengthen Dubai’s business and investment ties with Egypt, following its meeting with high-level E…
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Posted on 22/07/2018

Dubai rises on bank gains; other Gulf markets mixed

RIYADH: The Dubai stock market closed on a positive note on Wednesday helped by solid gains at Emirates NBD after the emirate’s largest bank reported solid quarterly earnings, while other markets were …
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Posted on 22/07/2018

UAE joins hands with China to boost Silk Road project

Dubai: The leadership of the UAE has always been forthcoming in playing an important role in important infrastructure development and humanitarian projects to benefit the world. The latest example is …
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