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Month: February 2019

Posted on 10/02/2019

Finablr to go public next month, to be listed on London bourse

UAE-based payments and foreign exchange firm Finablr, the parent company of UAE Exchange, will launch an initial public offering (IPO) next month, its founder and chairman said. “The Finablr IPO will …
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Posted on 10/02/2019

MIDEAST STOCKS-Saudi slides on weakness in blue-chips, UAE hit by property woes

Abu Dhabi shares were hit by selling in Aldar Properties which ended 1.9 percent lower and First Abu Dhabi Bank which dropped 0.9 percent. Dubai was dragged down by DAMAC Properties , which dropped 3. …
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Posted on 10/02/2019

Abu Dhabi sets up new energy company to help develop the water and power sector

The new entity will own the money, property, stakes and shares of all companies of the Abu Dhabi Department of Energy, the statement added. The company will also own all of the assets of the departmen…
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Posted on 10/02/2019

After Arabic and English, Abu Dhabi includes Hindi as third official court language in landmark decision

After Arabic and English, Abu Dhabi has included Hindi as the third official language used in its courts in a landmark decision. According to Abu Dhabi Judicial Department, the step was aimed at helpi…
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Posted on 10/02/2019

Abu Dhabi Includes Hindi as Third Official Court Language to Improve Access to Justice

Dubai: In a landmark decision, Abu Dhabi has included Hindi as the third official language used in its courts, alongside Arabic and English, as part of a move designed to improve access to justice. Th…
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Posted on 10/02/2019

Abu Dhabi adds Hindi as third language in courts

Abu Dhabi, Feb 10 (IANS) The Abu Dhabi Judicial Department (ADJD) has added Hindi as the third official language to be spoken in the city’s courts, alongside Arabic and English. According to the ADJD, …
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Posted on 10/02/2019

UAE is role model in fighting human trafficking: ILO chief

Guy Rider, Director-General of International Labour Organisaion (ILO) has commended the UAE’s efforts in fighting human trafficking. Speaking to the Emirates News Agency (Wam) on the sidelines of the …
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Posted on 10/02/2019

At Dubai summit, IMF chief warns Britain on Brexit challenge

DUBAI, United Arab Emirates — The head of the International Monetary Fund warned Sunday that the British exit from the European Union means it “will never be as good as it is now” for the country’s ec…
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Posted on 10/02/2019

World Government Summit: governments being left behind in technology revolution

UAE minister calls for new legislation to help world leaders take control of the future Mohammad Al Gergawi, Minister of Cabinet Affairs and the Future, said governments need to act fast to gain contr…
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Posted on 10/02/2019

UAE private sector credit growth on recovery path

Dubai: Bank credit to the private sector has started to recover while higher oil revenues have also increased government deposits, further supporting the banking system’s liquidity and private …
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Posted on 10/02/2019

SMEs in Arab world need more bank financing, say government leaders

UAE Central Bank governor, and Ahmed Al Sayegh, minister of state and chairman of the Abu Dhabi Global Market.
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Posted on 10/02/2019

Louvre Abu Dhabi introduces Rembrandt, Vermeer

The Louvre Abu Dhabi, the first museum to carry the famed name outside of France, announced Sunday it will roll out works by Dutch masters Rembrandt and Vermeer this month. Works by the two artists ar…
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Posted on 10/02/2019

UAE remittance fees rise, but here are cheapest places to send money to

Dubai: Expatriates in the UAE have seen the cost of sending money home getting costlier recently, as service providers have increased remittance fees to as much as 9.75 per cent. Charges for …
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Posted on 10/02/2019

Dubai Silicon Oasis Raises Global Benchmark for Technology Excellence: German Delegation

Members of German Parliament and German Consul General in Dubai visit hi-tech park, gain insight into DSOA’s digitalization strategy Spotlighting the startup ecosystem at DSO, the discussions focused …
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Posted on 10/02/2019

Abu Dhabi includes Hindi as third official court language

Dubai: In a landmark decision, Abu Dhabi has included Hindi as the third official language used in its courts, alongside Arabic and English, as part of a move designed to improve access to justice. Th…
( read original story …)


Posted on 10/02/2019

Louvre Abu Dhabi exhibits rare Rembrandt artwork

Louvre Abu Dhabi made history when it opened its doors over a year ago as the first museum outside of France to carry the Louvre name. It was then marketed as “a universal museum” celebrating cultural …
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Posted on 10/02/2019

Generation start-up: this Dubai company is the first to use AI for negotiating car prices

Our technology is extremely complex and it’s important that … We have recently published our annual UAE report which details the $32 billion-dollar car buying market, including top listings by make …
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