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Month: November 2018

Posted on 05/11/2018

Supercar Blondie races 4×4 against skiier in Dubai snow slope stunt

Then, to top things off, Fardan zoomed down a ramp and gained enough height to clear the vehicle – making for a spectacular ending to the biggest on-piste ski stunt in the history of the UAE. You can …
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Posted on 05/11/2018

Indian man wins 10 million Dirhams in UAE Raffle draw

Markose, who is from Kerala and has been in Dubai since 2004, takes part in the Big Ticket for a couple of years but is not a regular, Gulf News reported. “So many are winning (from Kerala) and every …
( read original story …)


Posted on 05/11/2018

How Dubai is becoming more affordable, and how you can save some cash

Every week, the Time Out Dubai team discusses the biggest news and trends from across the city, in addition to revealing the best places across town to visit right now. It’s your chance to look behind …
( read original story …)


Posted on 05/11/2018

Dubai financial adviser Neil Grant found responsible for client’s six-figure losses by court-appointed expert

An unlicensed financial adviser has been found liable after a client lost hundreds of thousands of dirhams in an investment scheme. A civil court-appointed financial expert came to the conclusion afte…
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Posted on 05/11/2018

Dubai International Financial Centre signs agreement with China Banking Association

MoU to create synergies and promote knowledge sharing in the areas of financial services and FinTech The two entities to collaborate on sharing best practices and delivering enhanced services to their …
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Posted on 05/11/2018

United Arab Emirates shares mixed at close of trade; DFM General down 0.37%

Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Consumer Staples, Insurance and Finance & Investment sectors propelled shares higher while losses in th…
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Posted on 05/11/2018

Dubai Customs carries out 203,650 smart transactions in a week

The week-long initiative, led by the Dubai Government’s Department of Finance (DOF) under the directives of Sheikh Mohammed, aims to make Dubai the smartest and happiest city in the world by raising a…
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Posted on 05/11/2018

Dubai real estate brokers earn 35% less commission in first nine months of 2018

Real estate brokers in Dubai earned 35 per cent less commission in the first nine months of 2018 compared to the same period last year. Figures from Dubai Land Department (DLD) showed Dhs842m ($ …
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Posted on 05/11/2018

Andaz Capital Gate Abu Dhabi Opens Doors in the Middle East

View the full release here: https://www.businesswire.com/news/home/20181104005006/en/ “As we weave in the sights, sounds and tastes of the local Abu Dhabi culture, the opening of Andaz Capital …
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Posted on 05/11/2018

UAE non-oil private sector growth eases in October but new business up

The UAE’s non-oil private sector economy continued to expand in October, though at a slower rate than the previous month due to a drop in output growth, according to the latest survey from Emirates NB…
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Posted on 05/11/2018

UAE law allowing 100% foreign ownership now in force

Read: UAE law allowing 100% foreign ownership to … in respect of the type of legal entity which may carry on business in the relevant sector Apply minimum capital requirements Impose …
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Posted on 05/11/2018

Record business optimism levels lift UAE economy

Business optimism in the UAE rose to a record high in October prompted by a surge in oil prices as well as announcements of increased government spending and Expo 2020 investment, a survey by Dubai’s …
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Posted on 05/11/2018

UAE Secures 11th Spot on World Bank’s Doing Business Rankings

The UAE moved up 10 spots to 11th overall this year in the World Bank’s global Ease of Doing Business rankings, creating a world-class business-friendly environment and enabling the country to vie wit…
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Posted on 05/11/2018

UAE employees can expect a 4.8 per cent pay rise next year

The reforms, along with a wider digital technology adoption, has left UAE business leaders feeling more confident about their companies’ prospects for next year, as growth in the economy drives demand …
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Posted on 05/11/2018

UAE’s lowest temperatures touch 11.7 degrees Celsius

Dubai: Early mornings are getting cooler in the UAE as the official start to winter is drawing closer. Minimum temperatures in some parts of the country trended downwards to 11.7 degrees Celsius …
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Posted on 05/11/2018

UAE to pump Dh486B into Adnoc

The UAE will pump Dh486 billion to ramp up its oil production … It also announced new discoveries of one billion barrels of oil in place and approved Adnoc’s new five-year business plan and capital …
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Posted on 04/11/2018

Hotel Review: InterContinental Abu Dhabi

I had the chance to stay at this property for a long weekend and try some of the hotel offerings. If you can remain sober during your holidays keep yourself out of trouble, Abu Dhabi is a fine destina…
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