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Month: December 2018

Posted on 22/12/2018

UAE to give $3 billion to Pakistan to boost economy

Friday’s announcement by Information Minister Fawad Chaudhry comes after the UAE government via its state-run news agency said the government-owned Abu Dhabi Fund for Development will deposit the $3 b…
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Posted on 22/12/2018

UAE embassy, foundation donate to four Rohingya schools

AMPANG, Dec 22 — The Khalifa Zayed Al Nahyan Foundation, through the United Arab Emirates (UAE) embassy here, donated today a total of RM250,000 in support of humanitarian aid programme for four Rohin…
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Posted on 22/12/2018

UAE comes to Pakistan’s aid with $3b package

Do we want to lose another decade?” he asked Khan. The UAE news agency further said: “The country’s support for Pakistan’s fiscal policy is based on the historical ties between the two …
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Posted on 22/12/2018

More UAE residents opt for staycations

… News app for your Android or iPhone device and get news & live updates on the go. In terms of country-based travel, the top three destinations visited by residents here was the UAE, followed by Sa…
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Posted on 21/12/2018

UAE to deposit $3 billion in State Bank of Pakistan

The UAE will deposit $3 billion (Dh11 billion) in the State Bank of Pakistan to support the country’s financial and monetary policy. The Abu Dhabi Fund for Development said it will deposit the money o…
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Posted on 21/12/2018

UAE expat speaks up about her rare disorder

Sabine Boghos at her office at the Solarium Tower in Silicon Oasis, Dubai. Photo: Antonin Kélian Kallouche/Gulf News Image Credit: Dubai: When Sabine Boghos finally understood that she was …
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Posted on 21/12/2018

UAE set to deposit $3bn in Pakistan central bank

The transfer of 11 billion dirhams by the government-owned Abu Dhabi Fund for Development (ADFD) is expected to be carried out in the “coming days”, the WAM news agency said. Quoting a statement from …
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Posted on 21/12/2018

UAE matches Saudi Arabia with $3b support to Pakistan ‘in testing times’

With the announcement, the UAE will match assistance from Saudi Arabia which agreed to park $3 billion in Pakistan’s foreign exchange reserves. In a statement carried by the state-run WAM news …
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Posted on 21/12/2018

UAE to deposit $3 billion in State Bank of Pakistan: news agency

The United Arab Emirates has announced its intention to deposit US$3 billion (equivalent to AED11 billion) in the State Bank of Pakistan “to support the financial and monetary policy of the country”, …
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Posted on 21/12/2018

Quicktake: coming soon to the UAE what are Initial Coin Offerings?

ICOs are the cryptocurrency industry’s version of an Initial Public Offering (IPO), where companies go public and sell … However, only half of ICO projects were able to raise more than $100,000. Dub…
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Posted on 21/12/2018

Dubai property prices down 6.8% in November – Cavendish Maxwell

Dubai residential property were down 6.8 per cent year-on-year in November, according to an analysis by property consultancy Cavendish Maxwell. The firm said prices were down 1.4 per cent from …
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Posted on 21/12/2018

Dubai’s Enoc extends RFID technology to DP World’s fuel terminals

UAE – The Enoc Group has extended its Radio Frequency Identification (RFID)-based technology to fuel terminals two and three of DP World to serve its fleet of vehicles. The service expansion follows t…
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Posted on 21/12/2018

UAE to finalise initial coin offering regulations in mid-2019, regulatory says

The UAE’s Securities and Commodities Authority will introduce … issue cryptocurrency tokens to investors – the same way shares are issued in an initial public offering of a company’s equities. “Lega…
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Posted on 21/12/2018

UAE Central Bank raises interest rates after US Fed move

The Central Bank of the UAE and other Arabian Gulf regulators raised their benchmark interest rates following the fourth rate increase this year by the US Federal Reserve, which on Wednesday trimmed t…
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Posted on 21/12/2018

UAE to conduct well-being survey of 20,000 households in 2019

Abdullah Nasser Lootah and Hessa Bint Eisa Bu Humaid during the Household Survey press conference at Youth X Hub at Emirates Towers, Dubai. Image Credit: Ali Al Shouk/Gulf News Dubai: The Federal …
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Posted on 20/12/2018

Dubai airport crosses billion-passenger mark

Watch: A Day at the Dubai Airport, in One Minute The boy, along with his parents and brother, arrived on Thursday from Orlando, Florida on Emirates flight EK220. Download the Microsoft News app for yo…
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Posted on 20/12/2018

Bloom opens Mideast’s first Edition hotel in Abu Dhabi

Leading property developer Bloom Holding has launched the region’s first Edition hotel within its mixed-use development, Bloom Marina, in Abu Dhabi, offering a new kind of resort environment and breat…
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