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Month: March 2019

Posted on 31/03/2019

Virgin Hyperloop aims for 2022 test launch as chief warns against rushing technology

Josh Giegel, co-founder and chief technology officer, predicted the first commercial line is unlikely to be running until the second half of the 2020s. Virgin is working towards a project in Dubai for …
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Posted on 31/03/2019

UAE remittance group vows to fight financial fraud

The UAE’s Foreign Exchange and Remittance Group (Ferg) on Sunday stressed its commitment to purge the emirates from financial fraud through strict compliance with anti-money laundering regulation. At …
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Posted on 31/03/2019

Dubai World Cup Style Stakes 2019: Who won what

Dubai on 30th March, 2019. Photo Clint Egbert/Gulf News “Me and my mother own a dog boarding kennel in New Zealand, so this is really fun for us to come and dress up. It’s very different from …
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Posted on 31/03/2019

Your guide to Emirates’ seven business, first class lounges in Dubai

Enjoy up to 120,000 bonus Qantas or Altitude Points when you apply for the two-card bundle, are approved and meet the minimum spend of $3k for each card – Westpac Altitude Black Mastercard and the …
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Posted on 31/03/2019

Sharjah FC are City slicker

Abu Dhabi, UAE, 31 March 2019: Sharjah FC took top honours at the most diverse youth football tournament in the Middle East as it drew to a dramatic conclusion in Abu Dhabi last night (SATURDAY).
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Posted on 31/03/2019

MIDEAST STOCKS-Abu Dhabi slips further, banks support Saudi market

DUBAI, March 31 (Reuters) – Stock markets in the Gulf were mixed on Sunday with Abu Dhabi experiencing losses after some shares traded ex-dividend last week, while the Saudi market was lifted by …
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Posted on 31/03/2019

UAE economy rebounds in 2018, but more slowly than expected

DUBAI (Reuters) – The United Arab Emirates’ economy grew by around 1.7 percent in 2018, slower than projected despite a boost from higher oil prices, official preliminary data showed. The UAE …
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Posted on 31/03/2019

FERG Pledges to Purge UAE from Financial Fraud

The financial industry body stresses swift detection and a modern mechanism to combat crime Dubai The UAE’s Foreign Exchange and Remittance Group (FERG) held the third edition of its annual Anti-money …
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Posted on 31/03/2019

UAE’s FTA sees more businesses registering for taxes in 2019

Meanwhile, the number of registrants for excise tax reached 719. Mr Al Bustani said the UAE Foreign Business Refund programme – which enables non-resident businesses to claim back 5 per cent VAT – is …
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Posted on 31/03/2019

Ministry of Finance and Arab Monetary Fund to organise the Arab Regional Tax Forum

Dubai: The Ministry of Finance (MoF) and the Arab Monetary Fund (AMF), in cooperation with the Federal Tax Authority (FTA) and the International Tax and Investment Centre (ITIC), is organising the …
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Posted on 31/03/2019

Abu Dhabi Global Market Forms Strategic Cooperation with Hainan Provincial Government on Financial Development and Growth of Hainan Free Trade Zone

Abu Dhabi, UAE: The Hainan Provincial Government and Abu Dhabi Global Market (ADGM) are pleased to sign a Memorandum of Understanding (MoU) to further boost the economic and financial collaboration …
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Posted on 31/03/2019

Liv. offers banking-meets-lifestyle experience on smartphone

Liv. is the first digital-only bank and the fastest growing bank in the UAE with a special focus on millennial customers, operated and managed by Emirates NBD Group. Established in line with UAE …
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Posted on 31/03/2019

Dubai saved 267 megawatts of energy during Earth Hour

Activities during The Earth Hour 2019 at the Marasi Marina in Business Bay, Dubai. Photo: Antonin Kélian Kallouche/Gulf News Image Credit: Dubai: If you switched off non-essential lights and …
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Posted on 31/03/2019

Adnoc Drilling targets business outside the UAE amid local capacity ramp-up

Abu Dhabi National Oil Company plans to target drilling outside the UAE as well as boost its local drilling of conventional resources by 40 per cent by 2025 amid an increase in local production …
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Posted on 31/03/2019

Palmon fund ‘eyeing Dubai industrial, logistics properties’

a renowned hedge fund manager in the Dubai International Financial Centre, to offer an unprecedented opportunity for smaller investors to own income-generating industrial assets across UAE. Group …
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Posted on 31/03/2019

Dubai laws: Doing this one simple thing on your phone in the UAE could result in jail

Dubai laws are usually based in cultural traditions … This also includes eavesdropping or publishing news. A legal expert told website whatson.ae: “While there is no article which explicitly …
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Posted on 31/03/2019

Post-Brexit UK property prospects in focus at Cityscape Abu Dhabi

Abu Dhabi, UAE: UK investment property companies are maintaining their focus on the UAE market despite Brexit uncertainties, with one major player targeting potential Emirates-based buyers at …
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