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Month: February 2019

Posted on 19/02/2019

Sharjah’s ambitions as a key Middle East healthcare destination

Sharjah Health Authority (SHA … oncology and neurology. Do you have some news or a press release that you’d like to share with the medical travel industry? Publish for FREE on IMTJ.
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Posted on 19/02/2019

UAE announces more than $3B in defense deals at IDEX conference

Then on Monday, UAE signed nearly $2 billion in deals … Lockheed Martin’s vice president of integrated air and missile defense, told Defense News. They began working together in 2016 on the system. …
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Posted on 19/02/2019

Tennis: Osaka stunned by Mladenovic in straight sets in Dubai

(Reuters) – World number one Naomi Osaka was beaten in her opening match at the Dubai Duty Free Tennis Championships on Tuesday, losing to France’s Kristina Mladenovic 6-3 6-3 on her return to …
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Posted on 19/02/2019

Matchmaking For Entrepreneurs: Dubai Startup Hub Launches Co-Founder Dubai Program

Launched ahead of STEP Conference 2019 in Dubai, this first-of-its-kind pilot matchmaking program offers UAE startups access to talent, and aspiring co-founders a unique opportunity to become a busine…
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Posted on 19/02/2019

Made in Dubai: Architect Shaun Killa sets his sights on the world

His expertise grew as the business continued to win and deliver more projects across the region. The schemes completed during his time with Atkins included the Dubai Opera House; Bahrain World Trade C…
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Posted on 19/02/2019

Sharjah chapter of fourth PSL gets under way

Sharjah fans, who considers Afridi as their hero and throngs the stands just to watch him, will be delighted to see him in the very first match of the PSL here. Speaking to Gulf News, Afridi has …
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Posted on 19/02/2019

UAE Armed Forces awards $1.33bn deals on IDEX day 3

The UAE Armed Forces has awarded 28 deals worth AED4.87 billion … The total value of deals awarded so far to national and international companies has reached AED16.87 billion, state news agency WAM …
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Posted on 19/02/2019

Saudi crowned Mena IPO king in 2018

Dubai: Saudi Arabia led the Middle East & North Africa region in initial public offering (IPO) activity, both in terms of value and volumes, last year, according to an Ernst and Young report.
( read original story …)


Posted on 19/02/2019

Bank manager in Dubai fakes signature, embezzles Dh10 million

A man who used to work as a manager at a renowned bank in Dubai was sentenced to five years in prison in absentia on Monday. The Saudi national was charged with breach of trust and embezzlement, which …
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Posted on 19/02/2019

New banking regulations create financial setbacks for contractors

Bank’s capital is divided into Tier 1 and Tier 2 capital … the impairment allowance would rise significantly in the absence of a fixed maturity date. The legal committee of the UAE Banks Federation …
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Posted on 19/02/2019

Emirates NBD ranked UAE’s top banking brand with a value of USD 4.04 billion

UAE. Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation le…
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Posted on 19/02/2019

Dubai Airports unveils new brand for Dubai International

Dubai Airports has unveiled a new brand for Dubai International (DXB) that signifies Dubai Airports’ transition from airport operator to a consumer-led company to elevate the airport customer experien…
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Posted on 19/02/2019

Dubai property deals in a day? Now you can…

Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
( read original story …)


Posted on 19/02/2019

Dubai property prices may fall up to 10% this year: Report

Prices have fallen 25 per cent to 33 per cent in nominal terms since 2014, an S&P report said. Dubai residential property prices will fall another 5-10 per cent this year due to a continued gap betwee…
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Posted on 19/02/2019

Dubai’s ‘Long Decline’ in Property Prices Isn’t Over Yet for S&P

The worst is yet to come for Dubai’s real estate after prices already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has built up even as …
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Posted on 19/02/2019

Dubai real estate market to stabilise in 2020; price declines to continue in 2019

Towers on Shaikh Zayed Road. Dubai’s real estate market could witness a meaningful recovery in 2021. Image Credit: Ahmed Ramzan/Gulf News Archives Dubai: Dubai real estate downturn is likely to …
( read original story …)


Posted on 19/02/2019

Dubai house prices could drop by up to 10% in 2019, says S&P

Property price declines in Dubai are set to continue this year as values have already plunged close to levels last seen during a crash a decade ago, according to S&P Global Ratings. A supply glut has …
( read original story …)


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