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Month: August 2018

Posted on 31/08/2018

Abu Dhabi hotels records 81% hotel occupancy rate

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) announced that hotel occupancy rates in Abu Dhabi averaged 81 per cent across the four days of Eid Al Adha. This represented an impres…
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Posted on 31/08/2018

The booming business in secondary citizenships

Indian nationals are unable to access key international business, lifestyle, and career destinations such as the US, the UK, Hong Kong, China, Russia, the UAE, and Europe’s Schengen Area.
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Posted on 31/08/2018

Fintech Agreement Between Singapore and Dubai Financial Services Authorities

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have signed a FinTech Agreement that allows referrals of innovative businesses between the two authorities. …
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Posted on 31/08/2018

Dominican diplomatic mission in UAE under the formation – report

… diplomatic mission in the United Arab Emirates (UAE) is being formed and will be operational soon, Prime Minister Roosevelt Skerrit has been quoted as saying. A report by the Global Banking and Fi…
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Posted on 31/08/2018

Bruised bankers seek consolation prizes after shelved Aramco IPO

DUBAI/LONDON (Reuters) – Investment banks which lost out on … Teams from JP Morgan and Morgan Stanley that worked on the IPO, have been shifted to advise on Aramco’ planned acquisition of up to $70 …
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Posted on 31/08/2018

2017 report reaffirms robust, resilient UAE banking industry

The UAE Banks Federation (UBF) has officially released its annual report for the year 2017, shedding light on major developments, and trends in the UAE banking sector as well as local and regional eco…
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Posted on 31/08/2018

AP Analysis: Yemen rebel threats to Dubai show danger looms

The recent war of words began Monday afternoon. The Houthi-controlled satellite news channel Al-Masirah and others began claiming without offering any evidence that they attacked Dubai International A…
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Posted on 31/08/2018

Top UAE firms at Dubai Property Show – Shanghai

A number of select leading real estate, brokerage, and finance companies are taking part in the Dubai Property Show (DPS) – Shanghai which opened today (August 31) in the Chinese city. The event is be…
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Posted on 31/08/2018

Design focus: Aldar’s Al Dana Mosque in Abu Dhabi

within Al Raha beach development in the UAE capital of Abu Dhabi, Al Dana Mosque was designed by Dubai-based X-Architects. The structure is intended to become a landmark for the surrounding community. …
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Posted on 31/08/2018

Business Setup Expert speaks about the process of starting a business in Dubai. – Dubai Video

Shuraa Business Setup is a leading business setup service provider in the UAE. We are a professional organization that comprises a complete range of company formation procedures. Our service includes …
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Posted on 31/08/2018

Over 600 UAE bank employees laid off in 2017

More than 600 employees were made redundant by UAE banks last year as they reduced the number of branches, reveals the UAE Banks Federation’s (UBF) annual report. Data revealed that local and foreign …
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Posted on 31/08/2018

UAE Banks Federation says industry poised for growth in 2018

The UAE’s banking system was “strong and robust” in 2017, with a further uptick in growth expected next year due to rising economic momentum in the country, the UAE Banks Federation said in its latest …
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Posted on 31/08/2018

UAE calls for strengthening conflict mediation efforts

New York: The UAE has called on the international community to strengthen mediation efforts as part of a comprehensive approach to prevent and settle disputes peacefully. Amira Al Hefeiti …
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Posted on 31/08/2018

Warning: Dust, poor visibility to hit some parts in UAE

Dubai: It’s another hot … although some clouds are likely to form. The good news is that temperatures seem to be mellowing out, with the highest readings expected to touch only 38 degrees …
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Posted on 31/08/2018

UAE foundation renews partnership with UK energy giant to boost youth programs

a United Arab Emirates (UAE) philanthropic foundation, announced on Thursday the renewal of its partnership with British BP Exploration Operating Company Ltd, state news agency WAM reported. The Emira…
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Posted on 31/08/2018

UAE out to find rugby sevens heaven at Asian Games

They meet South Korea today. “The whole process of us being here was last-minute,” Perelini told Arab News. “With rugby being back in the Olympics and now in the Asian Games too, the question was aske…
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Posted on 31/08/2018

UAE journalists’ association accuses Al Jazeera’s of waging anti-Arab media campaign

DUBAI, Aug. 30 (Xinhua) — The United Arab Emirates (UAE) Journalists’ Association on Thursday accused the Qatari news channel Al Jazeera of “propagating misleading and fabricated news” about the Arab …
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