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Month: February 2019

Posted on 14/02/2019

Dubai International airport unveils new brand as it seeks to become a culture hub

Dubai Airports has unveiled its new brand for Dubai International Airport (DXB) as it aims to position the world’s busiest international airport as a hub for culture, hospitality, and …
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Posted on 14/02/2019

Abu Dhabi’s Etihad Airways restructures Airbus, Boeing jet orders

ABU DHABI, Feb 14 (Reuters) – Etihad Airways said on Thursday it has agreed with Airbus and Boeing to restructure a “large portion” of its orders, in what appeared to be a major cut in long-haul jet o…
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Posted on 14/02/2019

Noor Bank 2018 profit jumps 62%

Noor Bank, a Shariah-compliant bank in the UAE, on Wednesday said its 2018 net profit jumped 62 per cent to Dh601 million as compared to Dh371 million in the previous year on the back of strong growth …
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Posted on 13/02/2019

Sharjah officially inaugurates IWAS World Games 2019

Sharjah: More than 500 athletes from 50 countries have gathered in Sharjah for the International Wheelchair and Amputee Sports (IWAS) World Games, which was officially inaugurated on Tuesday. Shaikh A…
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Posted on 13/02/2019

UAE bourses sees a halt in sell-off

The Dubai Financial Market general index closed 0.31 per cent higher at 2,492.58. Image Credit: Gulf News Archives Dubai: UAE bourses witnessed a temporary halt in sell-off on Wednesday …
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Posted on 13/02/2019

Dubai turning strategic hub for Chinese investors

A picture shows a general view of the Dubai International Financial Centre. [Photo provided to China Daily] Chinese banks and investors have achieved great success through their entities in Dubai, rea…
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Posted on 13/02/2019

Bithumb Partners with Nvelop to Launch Crypto Exchange in the UAE

… the middle-east by opening a new fiat-to-crypto exchange in the United Arab Emirates (UAE), according to a February 12 report of local news outlet the Financial News. According to the report, Bith…
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Posted on 13/02/2019

Dubai Financial Market : GFH inks $100m real estate deal with Terra

Dubai – Mubasher: GFH Group on Wednesday announced that it has signed a $100 million agreement with a special purpose vehicle (SPV), owned by Terra Real Estate Investments LLC (Terra), with instrument…
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Posted on 13/02/2019

Noor Bank reports Dh676m net profit

Dubai: Noor Bank, a Sharia-compliant institution, on Wednesday reported net profit of Dh676 million for 2018, before adjustments for property revaluations, marking a 74 per cent improvement in …
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Posted on 13/02/2019

Golf: European Tour aims to lure big names with game’s top prize at Dubai finale

(Reuters) – Golf’s biggest prize will be awarded at the European Tour’s season finale in Dubai as part of changes to the final three Rolex Series events announced on Wednesday. The winner of …
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Posted on 13/02/2019

Property prices crash in DUBAI: Real estate values fallen by a quarter in four years as demand drops

Property prices in Dubai have fallen by around a quarter in under four years, a new report reveals. The drop in the market of around 25 per cent has been blamed on oversupply of high-end luxury develo…
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Posted on 13/02/2019

How Dubai connects with the future

Dubai is confidently taking a lead in connecting with the future driven by technology, innovation and disruption. The signing of the recent agreement, in the presence of Shaikh Hamdan Bin Mohammad …
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Posted on 13/02/2019

The Middle East’s Startup Hub: Making Dubai A Launchpad For Innovation

Related: Top Companies Announce Deals With Winners Of The Third Edition Of Dubai Startup Hub’s Market Access Initiatives such as the STEP Conference and GITEX Technology Week also provide digital nati…
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Posted on 13/02/2019

Deal 2019 Dubai to showcase technology concepts aimed at African markets

The Dubai Entertainment Amusement and Leisure exhibition (Deal) 2019 show set to take place in Dubai will look to showcase robots, drones, and virtual reality concepts aimed at African markets.
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Posted on 13/02/2019

Ex-soldier held in Dubai over drugs claims

A British war veteran and father-of-two has been held in a Dubai jail for four months over drugs claims. Andy Neal, 44, was “accosted” by police in his apartment complex car park, campaign group Detai…
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Posted on 13/02/2019

DXB brand launched to make Dubai Int’l the world’s best

Dubai Airports on Wednesday announced plans to elevate the airport customer experience as it unveiled a new brand for Dubai International Airport (DXB). It said the DXB brand launch signifies Dubai Ai…
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Posted on 13/02/2019

British firms top foreign influx into Dubai

The number of branches of foreign companies operating in Dubai has increased to 1,985 while the number of branches of GCC companies is 833, according to the Department of Economic Development (DED). T…
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