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Month: February 2019

Posted on 10/02/2019

US Vatican ambassador: Pope’s historic UAE visit advances religious freedom and tolerance

The UAE is host to people from over 200 nationalities who are free … A few days prior to his journey to the Arabian Peninsula, Pope Francis expressed to the news media how hopeful he was that throug…
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Posted on 09/02/2019

Minister visits farms in Dubai, Abu Dhabi

a pilot project incorporating water- and energy-saving technologies located in Masdar City, Nabteh Farm in Al Khawaneej and the Abdul Latif Al Banna farm in Al Aweer area in Dubai where he …
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Posted on 09/02/2019

Abu Dhabi to use Hindi as third official language in its courts

Abu Dhabi: In a move reminiscent of growing India-UAE ties, Abu Dhabi has decided to recognise Hindi as the third official language used in its courts. Arabic and English are the other two languages u…
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Posted on 09/02/2019

Luxury watchmaker Jaquet Droz unveils one-of-a-kind UAE timepiece

When you think of the UAE, you think sand dunes, history, nature, and modern technology. The UAE is truly a melting pot of cultures and this inspired luxury Swiss watchmaker Jaquet Droz to come up wit…
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Posted on 09/02/2019

Is it time to allow foreign lenders into the UAE mortgage market?

The UAE is ripe for property investment, with thriving industries and large expat communities. But high deposit rates and restrictions on lending are holding it back. Opening the door to foreign …
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Posted on 09/02/2019

Rents are falling… Who wants to move to a new home in UAE?

Falling rents in the UAE are a good reason to move into a brand-new apartment or villa in a desirable location. However, independent studies and reactions from real estate companies, property builders …
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Posted on 09/02/2019

Exclusive interview: UAE business leader Raja Al Gurg

Raja Easa Al Gurg is one of those Dubai business figures that needs no introduction. Having started her career as a schoolteacher, she now leads family business Easa Saleh Al Gurg Group as …
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Posted on 09/02/2019

Where do women stand in the UAE financial services profession?

High-level positions in professions such as financial services fall short when it comes to diversity, particularly in terms of gender. Even though entry level gender parity is good, the proportion …
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Posted on 08/02/2019

UAE economy to lead GCC in 2019

In addition, a slowdown in the global economy is likely to weigh on activity in the UAE’s key manufacturing, tourism and logistics sectors. Associate Business Editor of Khaleej Times, is a well-connec…
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Posted on 08/02/2019

UAE’s debt-to-GDP ratio drops, says IIF report

The UAE’s overall debt-to-GDP ratio has dropped by 7.1 percentage points with all four sectors – household, non-financial corporates, government, and financial sector – reducing debt, according to a r…
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Posted on 08/02/2019

Abu Dhabi establishes investment office to increase FDI under $13.6bn plan

Abu Dhabi Investment Office is part of Abu Dhabi government’s … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straig…
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Posted on 08/02/2019

Abu Dhabi acquires stake in New York’s Park Lane Hotel

A representative for the buyer, Abu Dhabi’s Mubadala Investment Co … according to a document seen by Bloomberg News that shows the group is seeking a $600 million floating-rate loan. Mubadala and Wi…
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Posted on 08/02/2019

Dubai Chamber explores bilateral business opportunities during visits to Shanghai and Shenzhen

Dubai, UAE: A high-level delegation from Dubai Chamber of Commerce and Industry recently visited Shanghai and Shenzhen and where they met with public and private sector stakeholders and discussed pros…
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Posted on 08/02/2019

Dubai reveals 2019 target countries for real estate investments

Dubai Land Department (DLD) has launched its real estate promotion plan for 2019 which will see the emirate’s property investment potential showcased in 10 countries. Majida Ali Rashid, CEO of the Rea…
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Posted on 08/02/2019

British man in Qatar football shirt claim charged in UAE

A British man, who claimed to have been harassed and detained in the United Arab Emirates for wearing a Qatar football shirt during the AFC Asian Cup, has been charged for making false statements, Emi…
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Posted on 08/02/2019

The Latest: Pope warns against ‘fake news’ during Gulf visit

ABU DHABI, United Arab Emirates (AP) — The Latest on Pope Francis’s visit to the United Arab Emirates (all times local): 7:35 p.m. Pope Francis has called out the dangers of so-called “fake news” amid …
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Posted on 08/02/2019

UAE to Discuss Blockchain and Digital Assets at 7th World Government Summit

The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit.
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