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Month: January 2019

Posted on 16/01/2019

Oil, secondary markets to dictate GCC IPOs in 2019

another Dubai-based company, garnered $25 million from its IPO on London’s Alternative Investment Market. During the year however, the Dubai Financial Market witnessed two dual listings from Egypt’s N…
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Posted on 16/01/2019

Banking in the UAE: What Your Bank Should Be Offering You in 2019

Technology advances and services have to advance with them to stay ahead of the curve. Banking in the UAE is no different. In 2017, Google conducted its Connected Consumer Survey which proved the UAE …
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Posted on 16/01/2019

Saudis Plan To Link UAE, Kuwait, Oman In Regional Gas Grid

“I am talking to my colleagues in Oman, Kuwait, UAE, about extending a gas grid in the region and we hope to exchange gas and we also have excess of gas which we will be exporting,” Gulf News …
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Posted on 15/01/2019

Abu Dhabi National Hotels secures loan to acquire Dubai-based properties

First Abu Dhabi Bank and Abu Dhabi National Hotels (ADNH) have signed an AED 1.6bn loan facility agreement, which will provide ADNH with the financing capability to acquire Dubai-based hotels. The agr…
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Posted on 15/01/2019

2019 Abu Dhabi Championship odds: Surprising picks from model that nailed four golf majors

The European Tour returns this week with a star-studded field at the 2019 Abu Dhabi HSBC Championship, which tees off on at 10:20 p.m. ET Tuesday. Several of the world’s top-ranked golfers from the PG…
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Posted on 15/01/2019

Abu Dhabi expects India to be top source market for overseas arrivals in 2019

Abu Dhabi expects India to continue to be the largest source market for overseas arrivals in 2019 with a growth of around 10 per cent year-on year, a senior official said on Tuesday. In 2018, the capi…
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Posted on 15/01/2019

Abu Dhabi National Hotels secures Dh1.6bn loan for acquisitions

Abu Dhabi National Hotels secured a Dh1.6 billion loan from First … a subsidiary of Dubai’s biggest listed developer Emaar Properties. The value of the deal was not disclosed and the transaction was …
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Posted on 15/01/2019

MEA wireless headsets market ‘to top $890m by 2023’

The trend has somewhat contributed in the sales of wireless headsets across the region. Saudi Arabia accounted for a major share in the market, followed by UAE, owing to higher per capita income and r…
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Posted on 15/01/2019

Dubai developer plans new projects as new shareholders join

but will also bring years of expertise in real estate development business,” he added. Virtue said it is currently planning to develop one hotel and one residential building within the land bank of Du…
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Posted on 15/01/2019

Dubai Chamber hosts Kiribati president in effort to boost bilateral ties

High-level Kiribati delegation led by H.E. Taneti Maamau met with Dubai Chamber officials today to discuss bilateral business opportunities H.E. Buamim: Dubai is an ideal re-export hub for Kiribati pr…
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Posted on 15/01/2019

UAE telco du reveals plans for health blockchain solution

UAE telecoms operator du has announced plans … Jihad Tayara, vice president of Business Development and Partnerships at du, said: “BPaaS provides immense scalability, compatibility and cost …
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Posted on 15/01/2019

UAE launches key initiatives to boost real estate demand: report

With conditions remaining soft across most sectors of the UAE’s real estate market in 2018, the government launched a number of new initiatives to boost demand. In the year ahead, market performance w…
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Posted on 15/01/2019

Abu Dhabi HSBC Championship Leaderboard, Preview, TV Times

Designed by renowned desert course architect Peter Harradine, the course at Abu Dhabi Golf Club is long and challenging … Please keep me up to date with special offers and news from Golf Monthly and …
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Posted on 15/01/2019

3 things to check before you use public WiFi in Dubai

UAE residents are constantly connected to their phones, and it goes without saying that high-speed internet access is a necessity. For those who opt for public WiFi networks, some must-know tips for s…
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Posted on 15/01/2019

Financial confidence on the rise for UAE residents

Financial confidence soared in the fourth quarter of 2018 after residents adjusted their budgets to factor in the effects of VAT and high summer spending, a study from UAE financial comparison site ya…
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Posted on 15/01/2019

UAE- Need for speed: Mobile networks becoming connection of choice vs Wi-Fi

(MENAFN – Khaleej Times) Ten years ago, Wi-Fi was the connection of choice for mobile users, because it was faster and cheaper. That gradually did not become the case as years flew by: mobile …
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Posted on 15/01/2019

Sharjah ruler awards oil & gas concessions to Italy’s Eni

Dr. Sultan bin Mohamed Al-Qasimi, a member of the federal Supreme Council and ruler of Sharjah, received on Sunday in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the pr…
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