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Month: August 2018

Posted on 29/08/2018

UAE Startup Launches First-Ever Sharia-Compliant Islamic Crypto Exchange

Adab Solutions, a UAE-based crypto startup has announced the … it makes sense to encourage the growth of a financial system that does not depend on usury. In April 2018, CCN reported that …
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Posted on 29/08/2018

Selling your property just got global, faster, easier

As tech becomes faster, more reliable and secure, businesses are finding new and exciting ways to buy and sell properties. A recent announcement by Abu Dhabi City Municipality (ADM) and Abu Dhabi Isla…
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Posted on 29/08/2018

The arrival of blockchain and crypto explained: The legal case for UAE

the UAE has launched the UAE Blockchain Strategy 2021 pursuant to which, 50% of government transactions will be conducted using blockchain technology by 2021. The Financial Services Regulatory Authori…
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Posted on 29/08/2018

UAE indices bide time as fresh leads eyed

The Dubai Financial Market (DFM) General Index closed 0.41 per cent lower at 2,818.19 due to weakness in Emaar Properties, which fell 2.38 per cent to end at Dh4.92. Dubai Islamic Bank closed 1.59 …
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Posted on 29/08/2018

UAE seeks ‘flexible’ office space to manage financial risks

RELATED ARTICLES: GCC workforce demands more flexible office designs | Deliveroo’s new Sheikh Zayed Road office in Dubai fitted out | Abu Dhabi office market under pressure as rates drop UAE businesse…
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Posted on 29/08/2018

Indian selling island in Dubai for Dh80 million

Dubai: Investors are spoilt for choice when it comes to buying real estate in Dubai. In recent years, developers have lured buyers into owning extravagant and one-of-a-kind homes, such as an …
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Posted on 29/08/2018

Dubai developer launches VR tool for Palm Jumeirah project

Dubai-based luxury property developer, Seven Tides International, has unveiled a virtual reality (VR) tool to showcase its SE7EN Residences project on Palm Jumeirah. The Visual Navigator is a web-base…
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Posted on 29/08/2018

Dubai’s developers have greater oversight to deal with

In a matter of four decades, the global city of Dubai was a reality — an urban giant grown up in a place where no city should rightly be. Back in 2002, real estate was an industry that consisted …
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Posted on 29/08/2018

Dubai energy-saving initiative to offset 1,450 tons of CO2 annually

Dubai Properties, a member of Dubai Holding, has completed the installment of energy-saving systems in its communities that will offset an estimated 1,450 tonnes of CO2 emissions annually. The master …
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Posted on 29/08/2018

Rent-to-own schemes get popular in Dubai

Rent-to-own schemes are emerging as a viable alternative for aspiring property owners who might not otherwise have the down payment needed to buy a home in Dubai. The rent paid on a home under such a …
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Posted on 29/08/2018

At least 20 new schools opening in Dubai, Abu Dhabi

Dubai/Abu Dhabi: At least 20 new schools are opening in Dubai and Abu Dhabi this new academic year starting on Sunday, September 2. The new schools will create tens of thousands of new seats …
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Posted on 28/08/2018

Aramco’s IPO delay carries silver lining for Riyadh stocks

Dubai: There is a silver lining for Riyadh-traded … in other Saudi stocks from what was set to be the world’s largest IPO. Listing Aramco would be “very positive long term, but at the …
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Posted on 28/08/2018

Abu Dhabi, Kuwait among world’s top 3 for sovereign liquid assets

Abu Dhabi and Kuwait governments hold liquid assets which are more than 100 per cent of their GDP, which positively effects the ratings of the countries and help them combat effects of economic cycles …
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Posted on 28/08/2018

Saudi Arabia, UAE may be guilty of war crimes in Yemen: UN experts

Three experts working for the UN’s top human rights body say the governments of Yemen, the United Arab Emirates and Saudi Arabia may have been responsible for war crimes including rape, torture, disap…
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Posted on 28/08/2018

A summer of mixed messages for the UAE property industry

It’s been a summer of mixed messages for UAE real estate market observers. News dropped at the start of July that Dubai’s sector slowed in the first half of the year with the value of deals done falli…
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Posted on 28/08/2018

Museum of Illusions to open in Dubai soon

Dubai: A different kind of museum is opening in Dubai in just about two weeks and it is expected to become the next mega attraction for tourists and residents, especially Instagram fans. But there wil…
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Posted on 28/08/2018

Human trafficking cases decline in Dubai

Dubai: There were only four cases of human trafficking recorded by Dubai Police in the first half of this year, an official said on Tuesday. Colonel Dr Sultan Al Jammal, director of the Dubai Police H…
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