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Month: November 2018

Posted on 11/11/2018

Dubai Land Department inaugurates real estate promotion trustee office in New York

Dubai, United Arab Emirates:Dubai Land Department (DLD) inaugurated a real estate promotion trustee office in New York in partnership with Aqari Global Ltd ‘Century 21,’ and in the presence of HE Maji…
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Posted on 11/11/2018

Emirates NBD recognized as The Innovator in the Middle East by Global Finance

Dubai:Emirates NBD, a leading financial institution in the Middle East has been adjudged ‘The Innovator’ in the Middle East at the Global Finance World’s Best Consumer Digital Banks in the ME Awards 2…
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Posted on 11/11/2018

Report: UAE Banking System Stable for Now

Moody’s Investors Service has kept its outlook on the United Arab Emirates banking system at stable, reflecting a gradually recovering economy, as well as banks’ strong capital, resilient profitabilit…
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Posted on 11/11/2018

UBF forum offers insights into banking trends

The sixth edition of the UAE Banks Federation (UBF)’s Middle East Banking Forum concluded today (November 11) in Dubai, offering exclusive insights into emerging opportunities and challenges facing th…
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Posted on 11/11/2018

UAE issues new law to regulate future technologies

The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, has issued a federal law authorising the UAE Cabinet to grant temporary licences for testing innovations that use future technologies an…
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Posted on 11/11/2018

UAE schools need to offer the ‘language of the future’ in regular lessons

Coding is used to tell a computer what to do in various situations and is the building blocks of informational technology and artificial intelligence. Omar Farooqui, founder of Dubai-based Coded Minds …
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Posted on 11/11/2018

Dry night announced for Dubai

Dubai’s Department of Tourism and Commerce has confirmed that there will be a dry night across Dubai from 5pm on Monday November 19 until 6pm on Tuesday November 20. During this period, hotels and res…
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Posted on 11/11/2018

Dubai business optimism soars even though non-oil economy slows in October

Construction activity in Dubai rose in October as business optimism climbed to the highest level since 2012, signalling an improvement in the health of the emirate’s non-oil private sector economy, al…
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Posted on 11/11/2018

Why Dubai businesses are upbeat about Q4

Dubai’s dominant services sector, which continues to diversify and progressively improve efficiencies, is the most confident of the future, followed by manufacturing, another focus sector in the emira…
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Posted on 11/11/2018

Dubai’s DEWA awards Dhs288m contract for 120 million gallon water reservoir

Dubai Electricity and Water Authority (DEWA) has awarded a contract worth Dhs288m ($78.4m) to construct a water reservoir in Al Nakhali in the Hatta region. The reservoir will hold 120 million …
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Posted on 11/11/2018

How to lose a fortune: UAE big-jackpot winner who nearly lost it all

Hamzah Shalchi, a financial planner, heads the Dubai operations of Guardian Wealth Management. Image Credit: Supplied “With any good fortune, it can be easy to get carried away and purchase …
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Posted on 11/11/2018

Pakistan expects financial package as UAE FM meets Qureshi

ISLAMABAD – Pakistan is expecting a financial package from the United Arab Emirates as Foreign Minister Abdullah bin Zayed Al Nahyan visited Islamabad Friday to meet Pakistani counterpart Shah Mehmood …
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Posted on 11/11/2018

Dubai mums fighting metastatic breast cancer spread positivity

For a healthy and active Diane, the news was no less than a shock since she experienced … She also had her two breasts removed and “thought the worst was over”. Rima was back in Dubai by the end of …
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Posted on 11/11/2018

Russell set for first Williams test in Abu Dhabi

Williams has not confirmed its Abu Dhabi test line-up but chief technical officer Paddy Lowe said Russell would “almost certainly” be driving. Mercedes junior Russell has been present at most grands p…
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Posted on 11/11/2018

Saudi king hosts Abu Dhabi crown prince amid Yemen offensive

Abu Dhabi’s Prince Mohammed bin Zayed led a “top … in the region and challenges and crises facing it”, the UAE’s state news agency WAM said, without elaborating. The Saudi and UAE-led war …
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Posted on 11/11/2018

UAE food prices among most affordable globally

According to Economist magazine’s Global Food Security Index 2018, food prices in the UAE are the fourth-most affordable globally, thanks to stronger dirham, improved domestic food production through …
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Posted on 11/11/2018

Louvre Abu Dhabi visitor numbers exceed 1 million in first year

Louvre Abu Dhabi announced on Saturday that it has welcomed more than … France, Germany, China, UK, the the US were also among the top visitors, state news agency WAM reported. The museum said it ha…
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