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Month: September 2018

Posted on 24/09/2018

Mirwais Azizi says Dubai developer considering an IPO

RELATED ARTICLES: Dubai to get 2,270 new Azizi homes in Q4 2018 | $93m Fawad Azizi homes launched in Dubai Healthcare City | Azizi Riviera reaches construction milestone Mirwais Azizi said Azizi Devel…
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Posted on 24/09/2018

UAE’s Emirates Global Aluminium cites ‘unfavourable’ conditions for IPO delay

“It remains our intention to launch an IPO of Emirates Global Aluminium … fund Mubadala and the Investment Corporation of Dubai, is the world’s third-largest producer of primary aluminum …
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Posted on 24/09/2018

Police warn against car thefts in Dubai

Dubai: Police have issued a warning against car thefts following a spate of robberies in Dubai’s industrial areas. On its official Twitter account, Dubai Police warned residents about becoming …
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Posted on 24/09/2018

Compassion is key to world peace, says British author in Dubai

Dubai: Internationally-renowned British author and commentator Dr. Karen Armstrong on Saturday said that compassion towards fellow human beings is the key to a more peaceful world. Speaking in a …
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Posted on 24/09/2018

Abu Dhabi Airports Celebrates Saudi Arabia’s National Day

Abu Dhabi Airports is celebrating the National Day of the Kingdom of Saudi Arabia (KSA), with a number of activities highlighting the close ties between the two countries. KSA National Day falls on Se…
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Posted on 24/09/2018

Auckland Aces confirmed for Abu Dhabi T20

Matt Boucher, acting chief executive officer of Abu Dhabi Cricket, added: “Confirmation of the Aces is fantastic news. It’s another sporting coup for Abu Dhabi and strengthens the UAE capital …
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Posted on 24/09/2018

Video: Dubai expat from Pakistan sings Indian national anthem

Peace Out.” Taj who takes care of a transport company in Dubai with his brother, has been flooded with requests on Facebook. He told Gulf News: “On Friday night, I was up till 4am replying to …
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Posted on 24/09/2018

Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t

Dubai Department of Finance has launched a blockchain-powered payment system geared towards government entities in collaboration with Smart Dubai Office. The Dubai Department of Finance, in …
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Posted on 24/09/2018

ENOC opens 5 new petrol stations in Dubai emirate

Dubai: Enoc Group has recently opened five new service stations in Dubai, expanding its network to 122 petrol stations in the UAE. The group is on track to increase its fuel retail presence by 40 …
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Posted on 23/09/2018

Emirates Global Aluminium delays IPO due to market conditions

Emirates Global Aluminium, the UAE’s biggest industrial company outside the oil and gas sector, has delayed its initial public offering that was slated for 2018 due to unfavourable market conditions. …
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Posted on 23/09/2018

UAE’s EGA said to delay IPO over US aluminium tariffs

US tariffs on aluminium imports have prompted Emirates Global Aluminium, which produces about 4 percent of the metal globally, to delay an initial public offering. A planned share sale in the UAE may …
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Posted on 23/09/2018

UAE official denies Iranian allegations of links to military parade attackers

DUBAI (Reuters) – A senior United Arab Emirates official denied on Sunday Iranian allegations alluding to the involvement of the UAE in training gunmen that attacked a military parade in southwestern …
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Posted on 23/09/2018

Smart Dubai integrates blockchain into DubaiPay

Dubai: Smart Dubai on Sunday integrated blockchain technology into its online payment portal, DubaiPay, to allow reconciliation and settlement transactions to be performed in real time …
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Posted on 23/09/2018

Dubai Expo 2020 volunteers will get rewards, recognitions

Dubai: Volunteers rendering their services for Dubai Expo 2020 will get rewards and recognitions, an official said after the launch of a touring platform for the registration of Expo volunteers on …
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Posted on 23/09/2018

Smart car rental fleet doubles in Dubai

Dubai: Commuters will now have more vehicles to choose from, as Dubai’s fleet of app-based pay-by-the-minute rental cars doubles to 400. The increase in choice is not only in numbers — the …
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Posted on 23/09/2018

Africa emerges as new frontier for Islamic finance

Dubai: Islamic finance is expanding rapidly in Africa, spreading across 18 African markets with great prospects for growth, according to rating agency Moody’s. While Islamic bond (sukuk …
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Posted on 23/09/2018

Property ownership barriers to ‘erode’ due to UAE’s new expat visa

RELATED ARTICLES: Dubai real estate transactions reach $30bn in first half of 2018 | SAP, wasl bring blockchain technology to Dubai real estate sector | Dubai real estate transactions hit $55.5bn in n…
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