What are the developments related to restructuring the federal budget procedures and applying zero-based budgeting (ZBB)? The most significant developments related to restructuring of the federal …
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Special Olympians return home from World Games in Abu Dhabi
We chat with members local members of Team Canada who just returned from the experience of a lifetime at the 2019 Special Olympics World Summer Games in Abu Dhabi.
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UAE developer Sobha expands overseas reach with London office
Sobha Global Studio is set for an official opening on April 30, he added. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the …
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5 Things You Need to Consider When Starting a Business in Dubai
Dubai has become the financial and commercial business center of the Middle East, and, it comes as no surprise, that more and more people and businesses are choosing to open their companies right …
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UAE- Careem to retain its brand identity in $3.1B Uber deal
Dubai Internet City is delighted to see Uber … said Careem is a true pioneer in the Mena technology industry and this transaction is testament to its rapid growth and the massive digital demand …
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Dubai’s Long-Awaited Stats Showed Weakest Economy Since 2010
“The weakening in economic activity was already being seen in a number of proxy indicators,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank. “Looking forward to 2019, we believe that …
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Board of Directors of UAE Banks Federation approves priorities and strategic plan for the year ahead
Despite regional and global volatility and uncertainty, UAE’s GDP is projected to grow at 3.5% this year, while the local banking sector, marking sufficient liquidity and capital adequacy of ~18%, is …
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Dubai’s Long-Awaited Stats Show Economic Growth Slowed Below 2%
“The weakening in economic activity was already being seen in a number of proxy indicators,” said Monica Malik, chief economist at Abu Dhabi Commercial Bank. “Looking forward to 2019, we believe that …
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Dubai digital bank Liv launches AI-powered chatbot Olivia
Liv., the lifestyle digital bank by Emirates NBD and the fastest growing bank in the UAE, has partnered with US-based Kasisto, to introduce Olivia, an artificial intelligence-powered chatbot. With the …
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Dubai developer secures $40.8 m funding for new Dubai Downtown hotel’s fit-out
Ultra-luxury developer Omniyat has announced that it has secured a financing of AED150 million ($40.8 million) from Mashreq Bank for the fit-out of a hotel in The Opus by Zaha Hadid in Downtown Dubai, …
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Dubai GDP grows to Dh398B
Director of Dubai Customs, said on Wednesday that the UAE’s GDP is set to expand 3.5 per cent this year against 2.8 per cent in 2018, thanks to a stimulus package worth Dh50 billion announced last …
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Dubai trade delegation eyes new opportunities in Panama
Kicking off on April 6, the week-long trade mission will coincide with the third Global Business Forum Latin America which Dubai Chamber is hosting on April 9-10 in Panama City. Dubai Chamber of …
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High demand for freehold at Dubai Property Festival
Dubai, United Arab Emirates: Several major participating players were closed in the first two days of Dubai Property Festival (DPF), including Danube, Azizi Developments, Tiger Properties, Ajmal Makan …
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Mastercard to invest $300m in Network International’s planned London IPO
UAE-based payments solutions company Network International and Mastercard have signed an agreement for the US financial services firm to make a $300 million cornerstone investment in Network …
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Watch Red Bull Air Race from Abu Dhabi
Watch the Red Bull Air Race season preview on Sunday at 1:30 a.m. ET and action from the race in Abu Dhabi on Sunday at 2:30 a.m. ET. Click on the video players below to watch Red Bull Air Race action …
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Guelph athletes shine at Special Olympics World Games in Abu Dhabi
Five athletes from the Royal City won medals in Abu Dhabi including Jennifer Allen who won the gold medal in 10-pin bowling. Allen was participating in her first World Games, after previously …
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Manrre REIT’s message to Dubai property doubters, “we’re buying”
Wise words from legendary investor Warren Buffet, giving inspiration to Dalma Capital CEO Zachary Cefaratti in a contrarian strategy to back a Dubai commercial property fund and “buy the dip”. “Dalma …
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