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Month: January 2019

Posted on 05/01/2019

UAE Crown Prince to visit Pakistan; likely to announce USD 6.2 bn financial assistance

The UAE government’s financial assistance comes as Pakistan is negotiating a USD 8 billion bailout package from the International Monetary Fund (IMF) to overcome a severe balance-of-payments crisis. I…
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Posted on 05/01/2019

UAE Crown Prince to visit Pak; likely to announce $6.2 bn financial assistance

The package involves $3.2 billion worth of oil supplies on deferred payment, besides a $3 billion cash deposit, the Dawn reported. The UAE Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will visit P…
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Posted on 05/01/2019

After Saudi, UAE To Give Over $6 Billion Aid Package To Pakistan: Report

Pakistan and the United Arab Emirates (UAE) have finalised a $6.2 billion support package to help Islamabad address its balance of payments challenge, the media reported today. The package involves $3 …
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Posted on 05/01/2019

Dubai shoppers guide: Mega sales, discounts in 2019

The Department of Economic Development and Dubai Festivals and Retail Establishment have jointly announced the 2019 Retail Calendar. Featuring more city-wide events, activities and experiences through…
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Posted on 05/01/2019

Here’s how to stop sugar decaying your company’s profits in the UAE

This in turn could cost your business: think rising healthcare usage … in your company and how you can take action. Here in the UAE, the government is so concerned about the sugar problem …
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Posted on 05/01/2019

UAE banking deposits surge to $43bn in 11 months

The aggregate balance of 3-6 month banking deposits amounted to Dh157.8 billion ($42.9 billion) during the first eleven months of 2018, up 8.4 per cent from the end of 2017, according the Central Bank …
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Posted on 05/01/2019

Super-fast WiFi now available at Abu Dhabi Airport

“We understand just how important WiFi has become to the travelling public. At Abu Dhabi Airports, we value our customers first and foremost, placing a primary focus on their experiences while coming …
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Posted on 05/01/2019

UAE coach Zaccheroni confident of winning AFC Asian Cup opener

(Xinhua/Wu Huiwo) ABU DHABI, Jan. 4 (Xinhua) — UAE coach Alberto Zaccheroni … strive to put in an outstanding performance,” said Zaccheroni at the pre-match news conference here. “I’ve been in this …
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Posted on 05/01/2019

UAE v Bahrain: Zaccheroni predicts small margins will decide Asian Cup

UAE coach Alberto Zaccheroni believes the 2019 Asian Cup will … but he believes much has changed in the intervening period. He told a news conference: “The performance of the teams has changed a lot …
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Posted on 04/01/2019

UAE: 200 MW solar park under development in emirate of Umm Al Quwain

With Dubai and Abu Dhabi having already implemented big plans for solar energy development, the small northern emirate of Umm Al Quwain has now announced its first large scale solar power project. The …
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Posted on 04/01/2019

U.N. Calls on UAE to Release Rights Activist Mansoor

The state security court’s ruling against Mansoor, who prior to his imprisonment had been one of a tiny number of publicly active rights campaigners in the UAE, was confirmed by the state news agency …
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Posted on 04/01/2019

UAE property markets named among world’s worst performers

Prices in Dubai have fallen by 1.8 percent on average in the 12 months to September while prices fell by 3.1 percent in the UAE capital in the same period. The UAE cities of Dubai and Abu Dhabi have b…
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Posted on 04/01/2019

Empower welcomes Dubai ‘prioritising infrastructure’ with $9.2bn budget

Prime Minister and Ruler of Dubai for the year. In a statement on official news agency WAM, Ahmad bin Shafar, CEO, Empower added that Empower’s operational capacity has reached 1.43 Million RT by the …
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Posted on 04/01/2019

Sharjah charity treats 100 orphans to fun day out

The Sharjah Charity International (SCI … among other activities. Download the Microsoft News app for your Android or iPhone device and get news & live updates on the go. Abdullah Sultan bin Khadem, …
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Posted on 04/01/2019

Technology fuelling illicit trade

DUBAI: Emerging technologies and the dark web are fueling illicit trade, which is posing a growing threat to global economies. Middle Eastern nations are among the many countries that have failed to p…
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Posted on 04/01/2019

Indian wins USD 4.08 million in raffle draw in UAE

Sarath Purushothaman, who is based in Dubai, was contacted on the phone, but he first thought it was a prank, Gulf News reported. “You have just won Dh15 million. How do you feel,” one of the draw org…
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Posted on 04/01/2019

‘Like being in a sci-fi movie’: Exploring the sights and roller coasters of Dubai

Dubai knows how to have fun, and when it does, the motto seems to be “go big or go home”. At least that’s what GOLD 905’s Mike Kasem and Vernetta Lopez discovered. But nothing prepares visitors for ar…
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