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Month: August 2018

Posted on 05/08/2018

Dubai’s Damac launches new Reva Heights homes on Saturday

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Posted on 05/08/2018

DUBAI, United Arab Emirates | UAE offers amnesty for foreign workers stuck in Catch-22

DUBAI, United Arab Emirates — The United Arab Emirates launched a three-month visa amnesty program Wednesday, hoping to resolve a Catch-22 for foreign workers who are fined daily for overstaying their …
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Posted on 04/08/2018

Nasdaq Dubai reveals 12 Saudi firms for equity futures launch

Nasdaq Dubai on Tuesday announced the names of 12 Saudi Arabian … active in sectors from real estate and petrochemicals to banking and transport. Their combined market capitalisation is SR859 billio…
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Posted on 04/08/2018

Abu Dhabi Police Boost Travel Safety Awareness

The Abu Dhabi Police have urged UAE citizens and residents to ensure that the doors of their homes are locked properly and to keep their valuable items in secure safe boxes to protect them from theft …
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Posted on 04/08/2018

Dubai firm funds schools in Nepal, Senegal

Dubai: More than 550 children are benefiting from two schools in Nepal and Senegal funded by Dubai Holding in partnership with Dubai Cares. Dubai Holding announced on Saturday that the schools have op…
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Posted on 04/08/2018

Sharjah Promotes Emirati, Arab Culture In Latin America

With the attendance of diplomatic and cultural figures, authors and publishers, the 25th Sao Paulo International Book Fair began its 10-day celebration of books and literature on Thursday, with Sharja…
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Posted on 04/08/2018

Abu Dhabi car enthusiasts spread awareness on road safety rules

Abu Dhabi: Open to any drivers who have a love for all things related to cars, a community group of car enthusiasts in Abu Dhabi are aiming to show that not all of them are involved in street racing o…
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Posted on 04/08/2018

Blackboard and Higher Colleges of Technology Establish Digital Education Center of Excellence in the Middle East

Blackboard and the Higher Colleges of Technology (HCT), the United Arab Emirates’ (UAE) largest education institution, extended their partnership to create the first Blackboard Center of Excellence in …
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Posted on 04/08/2018

UAE business confidence rises to three-year high in Q2

Business confidence in the UAE rose to its highest level for three years in the second quarter of 2018, according to a new survey. The latest edition of a survey by the Association of Chartered Certif…
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Posted on 04/08/2018

Prime Dubai property prices slip less than 1% in past year

Prime property prices in Dubai have held steady over the past year with a drop of less than 1 percent, according to Knight Frank. Knight Frank’s Prime Global Cities Index for Q2 ranked Dubai 35th out …
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Posted on 04/08/2018

Freelancing in Dubai: Is it the answer to work-life balance?

Dubai: Finding a job can be a gruelling process and trying to … called ‘Bawabba’, which aims to encourage the culture of freelancing in the UAE. Gulf News talked to Hakim Boriawala, co-founder of Ba…
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Posted on 04/08/2018

UAE Islamic bank assets surge to $154bn in H1

Assets of Islamic banks operating in the UAE amounted to Dh565 billion ($154 billion) by the end of H1 2018, a 6.7 per cent growth of Dh35.5 billion over the corresponding period in 2017, a media repo…
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Posted on 04/08/2018

UAE bank ATM units surge to 5,261 in H1

In yet another indicator of the growth in economic sentiments in the country, the number of automatic teller machines (ATM), operated by banks in the UAE hit a total of 5261 by end of June, an increas…
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Posted on 04/08/2018

Diversification, Expo 2020 set to sustain UAE economic growth – study

The net result is expected to encourage the banking sector to increase credit activity in non-oil-related business, growing the local business community’s competitiveness and attractiveness to foreign …
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Posted on 04/08/2018

FAB Appoints Head of Investment Strategy and Investment Management for Personal Banking

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, has appointed Alain Marckus as Managing Director and Head of Investment Strategy an…
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Posted on 04/08/2018

UAE, Saudi not in top global crypto cities: Who is and why?

Saudi and the UAE may one day become leading countries in the adoption … Venezuelans are turning to BTC,” said Ethereumworldnews. In 2017, the World Bank announced that there were two billion unbank…
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Posted on 04/08/2018

Al Hilal Bank partners with ADGM to promote Islamic finance

Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic finance in Abu Dhabi and across the U…
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