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Month: September 2018

Posted on 29/09/2018

Two new rest areas for truck drivers in Dubai soon

Dubai: Stopovers for truck drivers will be more enjoyable as Dubai plans to build dedicated rest areas for drivers of heavy vehicles. Spread across five hectares each, the two stations will have …
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Posted on 29/09/2018

Solar Decathlon Middle East visitor registration opens

The Dubai Electricity and Water Authority, DEWA, has opened registration for the public to visit the Solar Decathlon Middle East, SDME 2018, at the Mohammed bin Rashid Al Maktoum Solar Park in Seih Al …
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Posted on 29/09/2018

Dubai gold found in Amritsar flyer’s turban

On September 19, the customs department seized about 1.90-kg gold worth about Rs 1 crore from Dubai flyer. The gold was concealed in an electric iron, as part of the plate. Accused Kulvinder Singh …
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Posted on 29/09/2018

NearEast: The future of UAE entertainment

It was a surprise,” Malhotra told Gulf News tabloid!, of Diff’s restructuring in April. “This region’s becoming really important for the industry, and for people launching films. The UAE …
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Posted on 29/09/2018

Dubai’s DMCC inks deal to host top Scottish business group

Dubai Multi Commodities Centre (DMCC), which was named global free zone of the year last year, has announced that the Scottish Business Network (SBN), an international membership organisation for Scot…
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Posted on 29/09/2018

The golden touch: Dubai’s Pure Gold Group chairman Firoz Merchant

Despite initial reluctance from his family, he persisted and after researching the gold business in Mumbai, he returned to Dubai to make his mark. Starting from scratch, he began by applying the …
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Posted on 29/09/2018

UAE Space Agency says to reveal first investment strategy

The UAE Space Agency has revealed that it is preparing a comprehensive strategy for investing in the UAE’s space sector, in cooperation with relevant authorities, which will be announced in October. D…
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Posted on 29/09/2018

Investors can start business in Dubai remotely

Investors can open a business in Dubai even without going to the United Arab Emirates. The emirate is making it possible through the Dubai Investment Development Agency (Dubai FDI), an agency of the D…
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Posted on 29/09/2018

DFSA Signs FinTech Agreement With Japan’s Financial Services Agency

With its continued efforts to encourage the adoption of technological advancements in the market, the Dubai Financial Services Authority (DFSA) entered yesterday into an Exchange Of Letters with the F…
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Posted on 29/09/2018

ATFX Expands to UAE, Opens Office in Abu Dhabi

At the time of his appointment, Tsui identified that the Middle Eastern financial market was at a turning point. This is because the GCC region is wanting to diversify their economies away from oil. A…
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Posted on 29/09/2018

UAE bank account frozen? Let’s break the ice and find out why

Though there are a number of reasons why UAE residents’ bank accounts could be frozen, such as arrest after a serious car accident or financial loss to employers, visa change or expiries are the two m…
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Posted on 29/09/2018

Investors can run business in Dubai from overseas

Investors can open a business in Dubai even without going to the United Arab Emirates. The emirate is making it possible through the Dubai Investment Development Agency (Dubai FDI), an agency of the D…
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Posted on 29/09/2018

Saudi woman honored at technology conference

EmTech, a leading international event dedicated to emerging technologies, was founded in 1999 and the regional edition was held in Dubai for the first time on Sept. 23 and 24, hosted by the Dubai Futu…
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Posted on 29/09/2018

Global giant HSBC signals UAE intentions with new HQ

Global banking giant HSBC has announced the opening of its new headquarters in Downtown Dubai as it looks to grow its market share in the region. The 20-floor free-hold tower, owned by HSBC, reflects …
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Posted on 29/09/2018

Average Dubai property prices said to drop 3% in Q3

Average property prices in Dubai fell by nearly 3 percent in the third quarter of 2018 compared to the previous quarter, according to a new report from consulting firm ValuStrat. The report said the c…
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Posted on 28/09/2018

Dubai offers lessons for using artificial intelligence in local government

The UAE has invested heavily in technology for improved government service delivery, and recently created the position of Minister of AI. While the government is supporting AI-based technology pilots …
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Posted on 28/09/2018

Abu Dhabi-based expat wins Dh35,000 as ‘Camp ka Champ’ top singer

Khawaja, who has been working in the UAE for four years, said: “I just gave my best. I’m going to my brother’s wedding in Pakistan [on Friday] and I’ll break the good news to my family …
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