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Month: February 2019

Posted on 26/02/2019

Saudi stock exchange and REITs dominate Gulf IPO market in 2018

Drake noted that while there was no IPO activity in the United Arab Emirates last year, UAE-based companies raised capital through public offerings on global bourses. Shallow water driller Shelf Drill…
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Posted on 26/02/2019

Fake News Watch: Saudi crown prince United purchase, Sharjah charity hacking

1 Sharjah charity claims website was not hacked. Sharjah Charity International (SCI) has been forced to deny its website was hacked after a message on social media claimed a fundraising link had been …
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Posted on 26/02/2019

Federer wins in Dubai to begin latest bid for 100th title

DUBAI, United Arab Emirates (AP) — Roger Federer’s latest attempt to win his 100th ATP singles title made a shaky start at the Dubai Championships where he overcame Philipp Kohlschreiber 6-4, 3-6, 6- …
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Posted on 26/02/2019

Federer begins hunt for title number 100 in Dubai

(Reuters) – Roger Federer began his latest quest for a 100th ATP title with a battling 6-4 3-6 6-1 win over Philipp Kohlschreiber in the first round of the Dubai Duty Free Tennis Championships on …
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Posted on 25/02/2019

Abu Dhabi Airports sponsors the UAE Sport Talent Fund

Abu Dhabi Airports took part in sponsoring the UAE Sport Talent Fund, which was launched in December 2018 by the Chairman of the Board of Directors of the General Authority of Sports (GAS), Major Gene…
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Posted on 25/02/2019

Abu Dhabi Airports Free Zone Signs MoU with Abu Dhabi Global Market Registration Authority

Abu Dhabi Airports took part in sponsoring the UAE Sport Talent Fund, which was launched in December 2018 by the Chairman of the Board of Directors of the General Authority of Sports (GAS), Major Gene…
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Posted on 25/02/2019

Indian Student Enrolment Figures Rise Across Dubai International Academic City Universities

DUBAI, United Arab Emirates–(BUSINESS WIRE)–Amidst the strengthening trade exchange between the UAE and India, Dubai’s higher education institutions have witnessed a continued rise in the number of …
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Posted on 25/02/2019

Aldar sets up company to handle property management services

Dubai: Abu Dhabi’s Aldar Properties has set up a new entity — Provis — to pick up potential business in managing homeowners associations, property management, and even in the sales and leasing of resi…
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Posted on 25/02/2019

Dubai boat show opens doors on Tuesday

Dubai: The 27th edition of the Dubai International Boat Show is set to open its doors on Tuesday with more than 800 different companies and brands from 50 countries expected to take part. From …
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Posted on 25/02/2019

United Arab Emirates announces its first astronaut to go into space in September

Russia’s state-owned RIA Novosti news agency quoted an unnamed industry source saying that UAE space travellers have been offered a menu of Arab dishes to select from when they go into space. The men …
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Posted on 25/02/2019

UAE Light Crude Continues To Trade At A Discount

The United Arab Emirates’ main export crude blend, Murban, has recorded a four-month stretch of selling at a discount to the official selling price of Emirati crude in Asia because of …
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Posted on 25/02/2019

Video: This UAE community leader gets the job done on a cycle

Punnakkan Muhammed Ali who has been going to work and to other places in a bicycle for about 25years despite being an Indian community leader here in Dubai. Photo: Ahmed Ramzan/ Gulf News Image …
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Posted on 25/02/2019

Dubai index snaps 8-day gaining streak as stocks investors resort to profit-taking

The Dubai Financial Market general index closed 0.28 per cent lower at 2,661.25, after rising 7.5 per cent in the past eight sessions. The market breadth was negative. Emaar Properties closed 0.21 …
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Posted on 25/02/2019

Abu Dhabi signs 23-year, $4B lease with Blackrock, KKR

Feb. 25 (UPI) –The Abu Dhabi National Oil Co. has entered into a deal with institutional investors KKR and Black Rock to lease pipelines under which it will receive $4 billion up front. The agreement …
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Posted on 25/02/2019

UAE’s first astronaut going to space in September

The United Arab Emirates has announced the date on which the first Arab astronaut from the Gulf nation will go to space. Either Hazza al-Mansouri or Sultan al-Nayadi will be sent to the …
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Posted on 25/02/2019

Finland printed electronics innovator Flexbright signs technology deal in UAE

Innovative printed electronics tech firm Flexbright Oy. is embarking on a partnership project to develop its product range at a new science park taking shape in the Middle East. The Finnish company, b…
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Posted on 25/02/2019

New UAE-US military hospital for Abu Dhabi to offer ‘better outcomes for wounded soldiers’

Cliff Owen / AP Photo In particular, Gulf countries, including the UAE and Saudi Arabia, have turned to China for armed drone technology, with the US versions unavailable in the region. Lt Gen Charles …
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