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Month: September 2018

Posted on 16/09/2018

Abu Dhabi crown prince outlines Dhs50bn stimulus plan

Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan has announced more details of a Dhs50bn ($13.61bn) stimulus plan announced in June. The official said on Twitter that the programme, called, T…
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Posted on 16/09/2018

Abu Dhabi wins bid to host 2022 ITU Grand Final in world first

Mohammed Khalfan Al Rumaithi, Chairman of the General Authority for Sports and Deputy Chairman of the Abu Dhabi Sports Council, has hailed the country’s successful bid to host the 2022 ITU Grand Final …
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Posted on 16/09/2018

Abu Dhabi Global Market closing commercial funding gap in MENA

Speaking to the Emirates News Agency, WAM, on the ADGM FinTech Abu Dhabi Bootcamp Day today, Teng ruled out assumptions that FinTech is restricted to financial companies, affirming it is rather for th…
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Posted on 16/09/2018

Abu Dhabi crown prince reveals ‘Tomorrow 2021’ plan to push economic reform

Abu Dhabi’s Crown Prince Sheikh Mohammed bin Zayed revealed the Ghadan 21 (Tomorrow 2021) plan on Sunday, which will drive the emirate’s economic reform projects and create a vision for its …
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Posted on 16/09/2018

Roadblocks To Innovation: Banking For Startups In The UAE

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. The relationship between banks and small-scale ventures in the UAE has always been close (by its very nature) …
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Posted on 16/09/2018

ADNEC explores bringing key US international events to Abu Dhabi

A delegation from the Abu Dhabi National Exhibitions Company, ADNEC, is on a visit to the US to discuss partnership possibilities with leading international event organisers, in line with its strategy …
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Posted on 16/09/2018

Video: The surprising truth about UAE rental prices

More than one-in-five UAE residents are paying more in rent for the same property in the second quarter of 2018 compared to the year-earlier period, according to a survey by yallacompare, the Middle E…
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Posted on 16/09/2018

UAE Ministry of Finance Holds a Roundtable Discussion to Enhance Financial Coordination

The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
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Posted on 16/09/2018

UAE citizens, residents can now apply for international driving licence through an app

UAE citizens and residents will now be able to apply for an international driving licence online or through a mobile app, the country’s Ministry of Interior has announced. The service has been …
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Posted on 16/09/2018

UAE set to roll out new digital tax system for tobacco products

The Federal Tax Authority (FTA) is set to launch a tax control system in UAE for tobacco products to efficiently collect taxes and combat tax evasion. In a statement issued on Saturday, the FTA has as…
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Posted on 16/09/2018

UAE Ministry of Finance to enhance financial coordination

The Ministry of Finance (MoF), in collaboration with the World Bank Group (WBG), held a roundtable discussion on the project to strengthen the financial coordination of the health and education sector…
( read original story …)


Posted on 15/09/2018

Relam Investment launches new blockchain technology

Relam Investment, an international investment company headquartered in Dubai, UAE, has announced the global launch of its third generation blockchain technology ecosystem – Hetachain. The global launc…
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Posted on 15/09/2018

Abu Dhabi launches first phase of dual licence initiative

In a landmark decision announced by the Abu Dhabi Department of Economic Development (DED) on Saturday, companies based in the capital’s free zones will be able to operate in the mainland under a dual …
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Posted on 15/09/2018

Network International’s owners pick banks for float: sources

LONDON/NEW YORK/DUBAI (Reuters) – The owners of Network International are working with investment banks Evercore (EVR.N) and Citi (C.N) on an initial public offering (IPO) of the largest payment proce…
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Posted on 15/09/2018

Volunteers comb Dubai beach for litter on World Clean Up Day

Dubai: More than 100 volunteers, including schoolchildren, conservationists and office workers, cleaned up Umm Al Suqeim open beach in Dubai on Saturday, collecting litter for recycling on World …
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Posted on 15/09/2018

435 bicycles, motorbikes seized by Sharjah Police in one day

Sharjah: The Sharjah Police has confiscated 435 bicycles and motorbikes as part of a campaign to enforce traffic rules, an official said on Saturday. The campaign was launched in cooperation with …
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Posted on 15/09/2018

Dubai’s DIFC launches wills service for business owners

DIFC’s new Business Owners Will gives owners and shareholders the option to determine who will own and run their business holdings should they pass away. DIFC Wills Service Centre has launched the Bus…
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