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Month: October 2018

Posted on 15/10/2018

HTC Vive spearheads wireless VR revolution

HTC Vive launches wireless capabilities for room-scale VR in the Middle East, while expanding opportunities for content developers with Dubai Internet City Burj Khalifa is first enterprise partner in …
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Posted on 15/10/2018

Latest developments at Gitex Technology Week in Dubai

Dubai: More than 4,000 exhibitors and 750 start-ups from over 175 countries are converging into Dubai to take part in twin tech expos — Gitex Technology Week and Gitex Future Stars. Video by Clint Egb…
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Posted on 15/10/2018

Dubai’s hottest tech start-up hub is expanding

Dubai Silicon Oasis Authority has launched such a hub for more than three years. The Dubai Technology Entrepreneur Centre, or Dtec has been running as an entrepreneurial ecosystem since 2015 …
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Posted on 15/10/2018

UAE- Experience the future of 5G with Etisalat at Gitex

We believe 5G technologies and services will deliver … Recently Etisalat also announced a major milestone with Expo 2020 Dubai becoming the first major commercial customer in the MEASA region …
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Posted on 15/10/2018

‘Experience Future Urbanism’ at Dubai’s 38th GITEX Technology Week – Dubai Video

Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=…
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Posted on 15/10/2018

Abu Dhabi Scraps Oil Refiner Cepsa’s IPO as Investors Balk

Abu Dhabi shelved plans for an initial public offering of a 25 percent stake in Spanish oil refiner Cepsa as investors balked at the valuation amid a stock market rout. “Recent international economic …
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Posted on 15/10/2018

Abu Dhabi Delays Cepsa IPO Citing Uncertain Market Conditions

(Bloomberg) — Abu Dhabi has decided to delay its plans for an initial public offering of a 25 percent stake of Spanish oil firm Cepsa because of market conditions. The emirate’s state-owned Mubadala …
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Posted on 15/10/2018

UAE, India benefitting from technology wave

The Indian pavilion witnessed a surge in its participation at the Gitex Technology Week on Sunday. Vipul, Consul-General of India, who inaugurated the pavilion, said: “Both India and UAE have seen a s…
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Posted on 15/10/2018

OYO checks into UAE, targets 12,000 rooms across 7 Emirates in two years

including business and leisure travellers”, the company said. Agarwal said the bookings for UAE will be facilitated by the company’s partnerships with global online travel companies like Booking.com a…
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Posted on 15/10/2018

Abu Dhabi Ports, Etisalat Annouce Partnership

Abu Dhabi Ports and Emirates Telecommunication Group Company(Etisalat) have signed a memorandum of understanding (MoU) focused on advancing technological capabilities and business opportunities in sup…
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Posted on 14/10/2018

New Dubai-Sharjah alternative route takes shape

Dubai: A new Dubai-Sharjah alternative route is currently taking shape, expected to bring a 30 per cent drop in traffic between the busy corridors connecting the two emirates. Giving thousands of …
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Posted on 14/10/2018

Geo Dubai street mapping car to do 3D mapping of Dubai

Dubai: Move over Google’s street view car. Residents can soon spot Dubai’s own street mapping car preparing the geospatial 3D map of the whole city which will facilitate emergency response and …
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Posted on 14/10/2018

New debt law will help UAE financial markets

The new Public Debt Law enabling the UAE to issue sovereign bonds will help to deepen the capital markets in the second-biggest Arabian Gulf economy, enabling the country to tap a wider pool of financ…
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Posted on 14/10/2018

Record Number Of Tourists Visit Abu Dhabi This Year: Saif Ghobash

Saif Saeed Ghobash, Under-Secretary of the Department of Culture and Tourism in Abu Dhabi, expects the tourism sector in Abu Dhabi to witness the economic effects of the city’s stature as a major inte…
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Posted on 14/10/2018

Dubai Becomes World’s First City to Enable Investors Start Business from Remote Locations

DUBAI, United Arab Emirates–(BUSINESS WIRE)–In another world’s first, investors globally will now be able to start their business in Dubai without having to be in the UAE, following an agreement bet…
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Posted on 14/10/2018

Dubai property transactions down more than 20 per cent in first nine months of 2018

Read: Dubai property transactions drop in the first … quarter as a result of new supply and limited “if not negative” business and employment growth. Villa and apartment rents were down …
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Posted on 14/10/2018

Dubai’s Binghatti sells two towers to Oman REIT for Dhs200m

Dubai-based Binghatti Developers has signed a Dhs200m ($54.4m) sales deal with Oman’s Izdihar Real Estate Fund. The agreement will see the fund, which is managed by Bank Muscat, acquire the …
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