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Month: October 2018

Posted on 02/10/2018

Dubai’s GITEX Shopper opens with tech deals galore

DUBAI: GITEX Shopper’s hall doors opened on Tuesday with a queue of customers eagerly waiting to get their hands on the latest technologies at jaw-dropping prices. The retail exhibition, located at Du…
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Posted on 02/10/2018

Rupee sinks to record low, now INR20 per UAE dirham

Dubai: The Indian rupee continued to take a beating from the US dollar on Tuesday and has now fallen to a record low against the UAE dirham. As of 9:46 am, the Asian currency was valued at INR20 …
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Posted on 02/10/2018

Visited by His Highness Sheikh Mohammed bin Zayed and Rulers of the UAE and More Than 110 Thousand Visitors

ABU DHABI, United Arab Emirates — The Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2018 concluded on Saturday September 29th its 16 th Edition, which celebrated the …
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Posted on 02/10/2018

Abu Dhabi to open 2019 World RX season

“Yas Marina Circuit is proud of its long track record of hosting thrilling internationally acclaimed motorsport races that attract fans from across the globe to Abu Dhabi and we are delighted to welco…
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Posted on 02/10/2018

Five things to know about the solar power serving the public in the UAE

Petrol stations: Last week, ENOC announced the opening of five new solar-powered petrol stations in Dubai, taking the number to 122. The new stations are located in Hatta, Oud Muteena, City of Arabia …
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Posted on 02/10/2018

Abu Dhabi Foreign Trade In Goods Accounts For 12.8 % Of 2017 GDP

Abu Dhabi’s foreign trade in goods accounted for 12.8% of the GDP in 2017, according to the Statistical Yearbook of Abu Dhabi 2018, released by the Statistics Centre – Abu Dhabi (SCAD) Monday. Reflect…
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Posted on 02/10/2018

Revealed: new ‘riviera’ project planned between Dubai, Abu Dhabi

Property developer Imkan has announced AlJurf, a fully integrated second-home destination along Sahel Al Emarat, the riviera situated in Ghantoot between Abu Dhabi and Dubai. Construction on the 370-h…
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Posted on 02/10/2018

Live: Dubai’s biggest property show Cityscape begins

9.30am: Dubai’s biggest property exhibition, Cityscape opens today amidst a stagnant phase in the emirate’s real estate industry. The value of property transactions in the first half of the …
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Posted on 02/10/2018

MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies

The UAE, and Dubai in particular … CEO and Co-Founder of Block Gemini said that “blockchain is going to play a key role in the success of financial companies in the near future. The world banking se…
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Posted on 02/10/2018

UAE’s property market focuses on the right numbers

Dubai: Forget for a moment all the talk about market slowdowns and weak sentiments and focus on just two numbers. In the year to end August, Dubai pulled in 9,500 investors who were acquiring a …
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Posted on 02/10/2018

LuLu Group: UAE moves towards a progressive future

As you are aware, we started our business in the UAE. Over decades of serving the retail community here, I am proud to say that we are the largest home-grown retail brand and have strongly …
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Posted on 02/10/2018

Noor Bank: Blockchain to transform trade finance in the UAE

Blockchain has the potential to transform trade finance in the UAE with faster shipping and settlement as well as a reduction in transaction costs, according to a new report by Noor Bank, launched at …
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Posted on 02/10/2018

What does a higher interest rate mean for UAE consumers?

This is because when the Fed raises rates, the Central Bank of the UAE generally adopts the same policy, which in turn impacts rates on a variety of personal finance products, from loans to savings an…
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Posted on 02/10/2018

Dubai’s biggest bank set to launch services via WhatsApp

Emirates NBD has announced that it will soon launch customised banking services via WhatsApp in the UAE. Dubai’s biggest bank said in a statement that it is the first in the region to integrate its co…
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Posted on 02/10/2018

Empower Reviews Its Latest Achievements in District Cooling Technologies at Global Conferences

“Empower’s participation in this global exhibition highlights our commitment to provide high-quality district cooling services in Dubai. WETEX is a pilot platform that reviews the latest technologies …
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Posted on 01/10/2018

Major Dubai-Sharjah bottleneck eased

Sharjah: A major bottleneck on Emirates Road leading to Sharjah from Dubai has eased following the opening of an upgraded interchange connecting the highway with Maleiha Road. Opened for traffic …
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Posted on 01/10/2018

Wanted by India, Briton appeals extradition order in Dubai court

Dubai: A British citizen has challenged a court’s decision to extradite him to India, where he is wanted for his alleged role in a multi-million dollar helicopter purchase deal, Gulf News learnt …
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