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Month: March 2019

Posted on 04/03/2019

UAE- ADGM opens 4th RegLab cohort focusing on API economy, sustainable finance

ABU DHABI, 4th March, 2019 (WAM) — Abu Dhabi Global Market, ADGM, will welcome applications for its fourth cohort of Regulatory Laboratory, RegLab, with dual themes of “API economy” and …
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Posted on 04/03/2019

UAE allocates Dhs1.5 billion to build ‘next generation’ schools

the Dubai ruler has said that the new schools will feature “laboratories for robotics, artificial intelligence, health and the environment, as well as specialised sports facilities”. Sheikh Mohammed s…
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Posted on 04/03/2019

German tourist to Dubai slips into coma, is revived despite ‘Do Not Resuscitate request’

Sabine, husband Roland Kotter and Dr Rohit Kumar after the surgery at the hospital in Dubai. Image Credit: Atiq Ur Rehman/Gulf News Dubai: A 56-year-old German tourist with terminal pancreatic …
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Posted on 04/03/2019

Dubai Holding seeks investors for SmartCity Kochi hotel project

Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 04/03/2019

Section of Presidential Palace in Abu Dhabi to open to public

The new Presidential Palace in Abu Dhabi, view from the Etihad Towers. Image Credit: Ahmed Kutty/Gulf News Abu Dhabi: Part of the Presidential Palace compound in Abu Dhabi will be opened to public …
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Posted on 04/03/2019

Sheikha Latifa: Rights groups demand immediate access to Dubai princess a year on from alleged kidnap

The Dubai authorities did not respond to The Independent’s request for comment but has repeatedly denied charges of wrong doing. In a statement written to Sky News in December, the authorities said we…
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Posted on 04/03/2019

Zomato Sells Its UAE Business To Delivery Hero For Rs. 1,200 Crore

Thus far, Zomato had been making news for expanding into international markets — it’s now retreated from a major one. Zomato has sold its UAE business to Delivery Hero for $172 million (Rs. 1,200 cror…
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Posted on 04/03/2019

India’s Smart City Kochi in talks with Saudi Arabia, UAE hotel investors

The project has already entered a co-development agreement with Sands Infrabuild, part of Abu Dhabi’s Yusuff Ali M A-led Lulu Group International, to build 152m-high twin towers within its premises. N…
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Posted on 04/03/2019

Dubai school staff member dies on campus

Dubai: A staff member died on campus at GEMS Jumeriah College in Dubai on Monday morning. In a statement to Gulf News, a GEMS Education spokesperson said: “We confirm an incident where a member of sta…
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Posted on 04/03/2019

Zomato sells UAE business to Talabat owner

Zomato has sold its UAE food delivery business to Talabat, a wholly-owned subsidiary of German firm Delivery Hero Group, for an undisclosed amount. According to Delivery Hero, the transaction will …
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Posted on 04/03/2019

Dubai regulator to review supervisions in wake of Abraaj collapse

Dubai’s financial regulator pledged to tighten controls following the collapse of Abraaj Group last year, in its strongest comments yet to address the unravelling of what was once the Middle East’s bi…
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Posted on 04/03/2019

UAE- ADIB named Best Islamic Bank in the Middle East at EMEA Finance Middle East Banking Awards

ABU DHABI, 3rd March, 2019 (WAM) — The Abu Dhabi Islamic Bank, ADIB, a leading financial institution, was named “Best Islamic Bank in the Middle East” and “Best Islamic Bank in the UAE” at the …
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Posted on 04/03/2019

UAE bank hires former StanChart senior exec as new CEO

UAE-based United Arab Bank (UAB) has announced the appointment of Ahmad Mohammad Abu Eideh as its new CEO. The appointment, effective from March 10, comes as part of the bank’s efforts to develop its …
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Posted on 04/03/2019

Dubai launches online marketplace to boost tourist attractions

Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has officially launched its B2B Attractions Marketplace. The online platform aims to connect attractions and experiences across the …
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Posted on 04/03/2019

ASGC hired to build Address Harbour Point in Dubai mega project

He said ASGC employs more than 16,000 construction specialists and workers across the UAE. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,t…
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Posted on 04/03/2019

How to make your investment property stand out in Dubai

If you own a rental property, in Dubai you need to make it stand out to attract tenants. Today, young people rent much longer and demand more from their rentals than previous generations did. Today’s …
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Posted on 04/03/2019

Dubai World Trade Centre marks 40th anniversary; Strengthens city’s position as a global economic and business hub

Forged by the bold vision of the city’s founding father, Sheikh Rashid bin Saeed Al Maktoum, Dubai World Trade Centre (DWTC) today is a key player in accelerating Dubai’s economic diversification agen…
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