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Month: December 2018

Posted on 06/12/2018

UAE non-oil sector sees growth pickup in November, employment still sluggish

Read: UAE private sector employment flat in October … even as firms were cutting output prices speaks to the challenging business environment and the pressure this is putting on firms to compete …
( read original story …)


Posted on 06/12/2018

UAE private sector growth remains strong on higher demand

Official data showed the UAE’s non-oil sector grew 2.5 per cent in 2017. The Quarterly Economic Review of the Central Bank of UAE for the third quarter of 2018 projected the non-oil GDP in …
( read original story …)


Posted on 06/12/2018

UAE financial regulators to cooperate on investment funds

Financial regulators in the UAE have agreed to implement a passporting regime, facilitating the licensing of funds by each regulator for promotion across the UAE.06 Dec 2018 The agreement will strengt…
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Posted on 06/12/2018

UAE companies interested to investment in Pakistan, envoy tells CM

The proposal of setting up the Pakistan-UAE Business Council also came under discussion. It was further decided to increase the close ties so as to enhance the investment and Chief Minister Usman Buzd…
( read original story …)


Posted on 06/12/2018

Dubai’s Emirates introduces A380 on second Johannesburg service

76 business seats and 14 first class seats. It increases capacity on the route by 14 per cent, according to the carrier. Emirates flew 700,000 passengers on the Dubai-Johannesburg route in the …
( read original story …)


Posted on 06/12/2018

Abu Dhabi International Airport Becomes First Transport Hub to Harvest Energy and Data from Passengers’ Footsteps in Middle East

which converts the footsteps of travellers into off-grid electricity and data. Abu Dhabi Airports has commissioned Pavegen, the award-winning UK clean-tech company, in collaboration with Masdar (Abu D…
( read original story …)


Posted on 06/12/2018

UAE says Gulf Arab bloc still strong despite Qatar row

DUBAI (Reuters) – The United Arab Emirates said on Thursday the Gulf Cooperation Council remained valid despite a bitter row with Qatar that has fractured the bloc ahead of an annual summit next week. …
( read original story …)


Posted on 06/12/2018

The Financial Diet: How to budget your life in the UAE

If you’re fresh out of university and have landed yourself a job, you’re most definitely the new kid on the block. While this is an exciting experience, keeping track of the responsibilities …
( read original story …)


Posted on 06/12/2018

How missing Dubai princess practised her escape

Footage of a missing Dubai princess scuba diving in her palace as she prepares to flee her family has been shared with Sky News, along with new pictures of the young woman. Sheikha Latifa bint Mohamme…
( read original story …)


Posted on 06/12/2018

Dubai summit’s stark warning to workers on tech takeover

DUBAI: Workforces will face a growing challenge in coming years coping with rapidly advancing technology and innovation, knowledge and innovation experts at a Dubai summit have warned. Addressing a pa…
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Posted on 06/12/2018

Abu Dhabi Airports to host ACI Airport Exchange 2019

The special handover ceremony at the close of ACI Airport Exchange 2018 saw Mohammed Al Katheeri, SVP Strategy and Communications at Abu Dhabi Airports officially receive the hosting rights and respon…
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Posted on 05/12/2018

Dubai property prices drop by 7.4 %

Dubai Marina is surrounded by high towers of hotels, banks and office buildings, United Arab Emirates, on December 11, 2017 (Reuters file photo) DUBAI — Prices for Dubai’s residential real estate went …
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Posted on 05/12/2018

Dubai property prices sink 7.4% as jobs growth slows: UAE central bank

Prices for Dubai’s residential real estate sank 7.4 per cent in the third quarter of 2018 from a year earlier, with the drop accelerating from a 5.8 per cent fall in the second quarter, the United Ara…
( read original story …)


Posted on 05/12/2018

Dubai property prices sink 7.4% as UAE jobs growth slows

DUBAI: Prices for Dubai’s residential real estate sank 7.4% in the third quarter of 2018 from a year earlier, with the drop accelerating from a 5.8% fall in the second quarter, the United Arab …
( read original story …)


Posted on 05/12/2018

UAE jumps in global Knowledge Index, buoyed by technology jobs and science push

The UAE has reached 19th spot in an international index measuring global knowledge. The Emirates jumped up six places from number 25 last year, highlighting an “exceptional performance” in just 12 mon…
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Posted on 05/12/2018

I visited outlandishly wealthy Dubai, known as the ‘city of gold,’ and was surprised by how much fun you can have even without billions

I (Harrison, here!) spent a week in the city in November, along with my travel partner and Business Insider contributor Annie. Our fears were unfounded. Though Dubai’s tourism board may emphasize high …
( read original story …)


Posted on 05/12/2018

UAE’s 10,000 solar lanterns to light up thousands of homes

The initiative is part of “Guiding Light” campaign to provide solar lights to off-grid communities across the world, launched by the Zayed Sustainability Prize, the UAE’s global award for …
( read original story …)


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