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Month: August 2018

Posted on 06/08/2018

UAE’s Stanford Marine creditors in talks about sale of business

Dubai/Abu Dhabi: Creditors of Stanford Marine Group (SMG), which has links to troubled private equity firm Abraaj, are in talks with three potential buyers, sources familiar with the matter say. Banks …
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Posted on 06/08/2018

Amnesty-seekers in Sharjah asked to approach Tasheel to rectify status

A senior GDRFA Sharjah official told Gulf News on Monday that all applications related to renewal of visas for overstaying residents, or issuing of new visas for illegal residents, are being handled b…
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Posted on 06/08/2018

Abu Dhabi launches live air-quality app

Abu Dhabi: Abu Dhabi residents can now plan their outdoor activities based on real time air-quality data available on a smart-device application introduced by the Environment Agency — Abu Dhabi (EAD). …
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Posted on 06/08/2018

Faulty tyre causes bus crash in Abu Dhabi, 6 injured

Abu Dhabi: Six people were injured, including an elderly person, after a bus carrying 14 workers overturned in the capital, Abu Dhabi Police said on Monday. Police said the workers’ injuries ranged fr…
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Posted on 06/08/2018

Dubai paints the truth on latest rumour

Dubai: The quality of ventilation in new buildings has been the subject of debate across social networking sites. A recent allegation on social media claimed that newly-painted walls were toxic, and p…
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Posted on 06/08/2018

Dubai-bound passengers are first to experience in-flight virtual reality

The Frankfurt to Dubai flight was a first-time test for our new VR prototype … was very positively received by the participating passengers.” Previously, this VR technology was offered to customers …
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Posted on 06/08/2018

Dubai-bound flyers first to try Lufthansa’s in-flight VR prototype

The technology was developed in a way that allows passengers to check out the scenery on the ground as they fly over them, making the “glass-bottomed plane” a virtual reality. On one of its flights bo…
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Posted on 06/08/2018

UAE launches advanced farm technologies scheme

The UAE has launched a programme that aims to accelerate the process of adopting advanced agricultural technologies in the country. Unveiling the joint programme between the Future Food Security Offic…
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Posted on 06/08/2018

Sharjah, Sao Paulo Examine Ways Of Building Stronger Beneficial Relationship

The 25th Sao Paulo International Book Fair 2018 is hosting representatives from Sharjah, who seek to strengthen bilateral trade and cultural relations between Sao Paulo and Sharjah. Bruno Covas, Mayor …
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Posted on 06/08/2018

DUBAI, United Arab Emirates | Saudi Arabia orders Canadian envoy to leave over criticism

DUBAI, United Arab Emirates — Saudi Arabia on Monday ordered the Canadian ambassador to leave the ultraconservative kingdom within 24 hours after his nation criticized the recent arrest of women’s rig…
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Posted on 06/08/2018

UAE-based RAKBANK Implements Kamakura Solutions for Balance Sheet Management and Funds Transfer Pricing

SINGAPORE, Aug. 6, 2018 /PRNewswire/ — Kamakura Corporation reported today that UAE-based RAKBANK has signed an agreement to implement Kamakura’s solutions for its balance sheet management and funds …
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Posted on 05/08/2018

Mashreq widens Alipay options for rising number of Chinese tourists to the UAE

Mashreq Bank is expanding its partnership with Chinese mobile payments provider Alipay to 1,000 retailers within the next three months, from 150 now, as it seeks to capitalise on the influx of Chinese …
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Posted on 05/08/2018

United Arab Bank secures $185m funding

Dubai: United Arab Bank (UAB) has concluded syndicated term financing facilities that add up to $185-million (Dh679.45). The two-year bullet term financing facilities comprise a conventional facility …
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Posted on 05/08/2018

Abu Dhabi to host Grand Slam event if it ends blatant discrimination

Unlike many other news organizations, we have not put up a paywall … United Arab Emirates to reinstate the judo Grand Slam event scheduled for October in Abu Dhabi. Last month, the IJF suspended the …
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Posted on 05/08/2018

Dubai Properties Appoints Art Marine to Manage Culture Village Marina

Dubai Properties has appointed ART Marine, the region’s largest and best-known 360-degree leisure marine enterprise, as the exclusive operator of its marina at Culture Village. The 60-berth marina, lo…
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Posted on 05/08/2018

UAE diamond jewellery start-up raises Dhs1.5m funding

UAE-based start-up Fergus James – a diamond jewellery retailer – has received Dhs1.5m ($408,441) in funding from local angel investors to expand its e-commerce business, it announced on Sunday. The si…
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Posted on 05/08/2018

Dubai Chamber Strengthens Global Presence with Opening of India Office

DUBAI, United Arab Emirates–(BUSINESS WIRE)–The Dubai Chamber of Commerce and Industry has announced the opening of its new representative office in India, which will be tasked with identifying new …
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