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Month: December 2018

Posted on 05/12/2018

UAE positive on KYC utility tests

First Abu Dhabi Bank, UAE Exchange and ADGM, was formed in February to develop a proof-of-concept to decide the governance framework and the functional requirements of an e-KYC utility. The app develo…
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Posted on 05/12/2018

World Congress of Cardiology & Cardiovascular Health 2018 Opens in Dubai

In Dubai today, cardiologists, researchers, policymakers and health leaders came together at the launch of the World Heart Federation’s World Congress of Cardiology and Cardiovascular Health 2018. (Lo…
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Posted on 05/12/2018

Dubai’s Ruler Snubs Kuwait Request to Release Frozen Funds: Letter

DUBAI (Reuters) – Dubai’s ruler has resisted efforts by Kuwait to release nearly $500 million in frozen funds at the heart of a money laundering probe straining relations between the two Gulf …
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Posted on 05/12/2018

Technology: The New Luxury Item in UAE

Technology just might be the next biggest thing for UAE. UAE’s Authorities have been keeping an eye for potential new technologies. Technology is already changing and in most cases improving every asp…
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Posted on 05/12/2018

Dubai unveils latest transport solution: Sky Pods

Dubai’s Roads and Transport Authority (RTA) has showcased a new transport concept with the aim of improving the efficiency of travel in the city. The Dubai Sky Pods are aimed to bring autonomous …
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Posted on 05/12/2018

Dubai Holding appoints new CEO for Arab Media Group

Mr Sharaf “has the right combination of industry experience and business acumen to successfully lead Arab Media Group into the next phase of its growth,” said Abdullah Al Habbai, chairman of Dubai Hol…
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Posted on 05/12/2018

Matthew Hedges: Academic ‘psychologically tortured’ in UAE jail

The British academic jailed for spying in the United Arab Emirates (UAE) has told how he endured “psychological torture”. Matthew Hedges, 31, said he was forced by the Emirati authorities to stand “al…
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Posted on 05/12/2018

Matt Hedges says UAE officials asked him to spy on the UK

Mr Hedges suggested that the UK should examine its alliance with the UAE. “Is it putting trade, is it putting finance, is it putting anything else over the values it stands for?” he said. He added tha…
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Posted on 05/12/2018

Unbelievable! Mumbai to UAE in 2 hours by underwater bullet train speeding through floating pipes; watch video

UAE’s National Advisor Bureau Limited has come up with a concept … Live a 100 years blessing made real; finance your child’s prosperous long life with this product
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Posted on 05/12/2018

UAE seeks more women in judiciary, diplomacy, business

The UAE Cabinet on Tuesday approved a series of policies to increase the representation in the judiciary, diplomatic and business sectors. The plans, approved in a special session held at the …
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Posted on 05/12/2018

‘I’ve been mistreated all my life’: Spy reveals messages sent from Dubai’s ‘runaway Princess’ as she spent seven years planning her escape, only to be snatched back by UAE …

Jaubert told new BBC documentary Escape From Dubai – which was previewed by The Guardian – that … Latifa had sent her story to multiple news outlets and organisations while on board the yacht, but d…
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Posted on 05/12/2018

Who is Princess Latifa, how did she escape Dubai and who’s her father?

The ruler of Dubai’s daughter has not been seen since she tried to escape the country Her daring bid for freedom is the subject of a BBC documentary Escape from Dubai: The Mystery of a Missing Princes…
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Posted on 04/12/2018

UAE leads Arab world in economic freedom

The UAE came in first place in freedom to trade, up from second, with an improved score of 8.3 compared to 8.1 last year. For regulation of business, labour and credit, the UAE scored 7.6, but rose fr…
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Posted on 04/12/2018

Banking stocks lift Abu Dhabi index to 2-year high

The UAE equity markets opened on a higher note on Tuesday after a long weekend, helped by scrips from the banking, real estate and construction sectors. The Dubai Financial Market General Index (DGMGI …
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Posted on 04/12/2018

Dubai to test new solar powered bus shelters

Dubai’s Roads and Transport Authority (RTA) has announced the construction of 58 new air-conditioned bus shelters and the testing of solar powered variants. The director general and chairman of …
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Posted on 04/12/2018

A Dubai princess has vanished since reportedly trying and failing to escape from her tyrannical father

The princess daughter of Dubai ‘s ruler reportedly spent seven years planning to flee from her life of luxury in the United Arab Emirates, but got caught at sea and vanished. Sheikha Latifa bint Moham…
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Posted on 04/12/2018

Indians biggest foreign investors in Dubai realty: Report

He said Indians have been living in Dubai for decades and contributed immensely to the business and economic growth of that country, with great optimism for the future. Moreover, for Indian investors, …
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