Dubai villa and apartment rental rates maintained a downward trajectory during the third quarter of 2018, reflecting a trend observed over the past quarters, a new report by Asteco has revealed. Rents …
( read original story …)
Don’t fall for these fake Dubai job ads on social media
They also posted job vacancies for Citymax Hotel Bur Dubai and Dubai Airports, among others. Gulf News also received confirmation from Dubai Airport that the job postings were not authorised by them.
( read original story …)
Joint ventures can be a win-win in Dubai’s real estate
In anticipation of the World Expo 2020 and as part of the broader UAE vision 2021, the Dubai real estate market has experienced an increase in the use of joint venture arrangements between foreign …
( read original story …)
Dove-eating Grey Heron one for UAE record books
Dubai: For the first time in the UAE … “It is a very unusual thing,” Dr Khan told Gulf News on Wednesday. “I’ve never seen this before in this country. I couldn’t believe my eyes.”
( read original story …)
The How-To: Financial Literacy Education For Employees
The employee perspective According to Willis Towers Watson’s 2017 Global Benefits Attitudes Survey on Financial Wellbeing in the United Arab Emirates (UAE), overall employee financial wellbeing has fa…
( read original story …)
Big majority of finance firms ‘plan fintech tie-ups’
Eighty-two per cent of financial services companies plan to increase fintech partnerships in the coming three to five years, with an expectation of 20 per cent ROI on their innovation projects, said t…
( read original story …)
This Investor Was the Star of Dubai. Now It Can’t Make Rent
Dubai International Financial Centre told Abraaj to vacate its main office in the financial freezone by the end of the month, the people said, asking not to be identified as the information is private …
( read original story …)
UAE forges ahead with integrated blockchain payment platform
The Dubai Department of Finance controls the transactions on DubaiPay and is looking to enhance efficiency by transferring all transactions onto the blockchain. Rahman added that “There is no real …
( read original story …)
Dubai Finance Dept. Upgrades Payment System With Blockchain
The Dubai Department of Finance or DoF joined with the Smart Dubai Office or SDO for a Blockchain-powered upgrade to its financial system. The new platform, called “Payment Reconciliation and Settleme…
( read original story …)
UAE may see 100% growth in sukuk
Mohamed Damak, senior director and global head of Islamic finance, financial institutions ratings, S&P Global, said the number of UAE sukuk issuances had reached $6.4 billion so far this year as compa…
( read original story …)
DIFC Courts reinforce multibillion-dirham UAE-India bilateral trade
Dubai International Financial Centre (DIFC) Courts has brought additional certainty to UAE-India commerce with the signing a Guidance Note with Nishith Desai Associates, covering enforcement of civil …
( read original story …)
Abraaj is said to close Dubai Financial HQ after missing rent
Abraaj, once one of the most influential emerging-market investors, plans to vacate its headquarters in Dubai’s business hub after the embattled buyout firm failed to pay rent, people with the knowled…
( read original story …)
Brand new Karama, Dubai, emerges from low-cost expat haven
Dubai: Residents of Karama are bracing for a … is being widened. Atiq Ur Rehman/Gulf News Mohammad Sajjad, a longtime resident of Pioneer Building, one of the last remaining old residential …
( read original story …)
UAE- Mastercard becomes Expo 2020’s official payment technology partner
(MENAFN – Khaleej Times) Expo 2020 Dubai’s unique visitor experience will be enhanced, thanks to a new partnership with Mastercard that includes exploring the use of payment technologies from …
( read original story …)
Dubai enables investors to start businesses from remote locations
Dubai: Investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement between Dubai Investment Development Agency (Dubai FDI), an …
( read original story …)
Banking on the future
Is this the end of branch banking as we know it? There are few better places in Dubai to contemplate such questions than Abdul Aziz Al Ghurair’s inconspicuous teak-panelled 6th floor office at …
( read original story …)
Dubai allows global investors to start business remotely
Dubai Investment Development Agency (Dubai FDI) and the US-based Alliance Business Centres Network (ABCN) have partnered in a global-first move to enable investors globally to start their business in …
( read original story …)