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Month: May 2019

Posted on 16/05/2019

India will soon have UAE driving classes: report

India and the UAE will launch a pilot project in a few Indian states to … (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) …
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Posted on 16/05/2019

How Dubai firms are benefiting from lower office rents, incentives

“With lower rents, a range of quality developments available and landlords taking a more flexible approach to leasing, both domestic and international organisations are well-placed to take advantage …
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Posted on 16/05/2019

New system to boost UAE finance sectors’s integrity

The new system “will not affect the customers of banks since it is not applicable to them”, the central bank said. The Central Bank of the UAE has developed a Persona Non Grata (UAEPNG) System in …
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Posted on 16/05/2019

Hip Hop Superstar Travis Scott to Headline Friday Night Yasalam After-Race Concert at 2019 Abu Dhabi Grand Prix

ABU DHABI, UAE, May 16, 2019 /CNW/ — Yas Marina Circuit and FLASH Entertainment have today revealed the first global music superstar to perform at this year’s Yasalam After-Race Concert for the …
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Posted on 16/05/2019

Construction progress on MBR Solar Park – Phase 4’s 260m solar tower

HE Saeed Mohammed Al Tayer, managing director and chief executive officer of Dubai Electricity and Water Authority (Dewa), has received a construction update on Phase 4 of the Mohammed bin Rashid Al …
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Posted on 16/05/2019

Accelerating rooftop solar adoption in the GCC

State of the solar rooftop industry in UAE Ivano: The Dubai Electricity and Water Authority (DEWA) has proved to be a trend setter when it comes to solar. This is because every time DEWA takes a step …
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Posted on 16/05/2019

UAE gets 6,000 applications from investors, entrepreneurs for long-term visas

While the ICA will be in charge of issuing the residency visas, business incubator HUB71 in Abu Dhabi and Dubai Future Foundation’s Area 2071 will nominate entrepreneurs for receiving the benefits. …
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Posted on 16/05/2019

Dubai police add £82,000 Maserati supercar – but it won’t be used in car chases

Police in Dubai have unveiled the latest supercar to join their crime-fighting fleet – a Maserati GranTurismo. The £82,000 high-speed car will serve the force in the oil-rich city alongside a …
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Posted on 16/05/2019

Christensen: Science and Technology Park Will Drive Global Innovation

Vice President, Dubai Technology Entrepreneurship Centre, Mr. Hans Christensen, spoke with journalists in Dubai about the opportunities offered by the centre, its economic impact and the strategy to …
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Posted on 16/05/2019

Finablr cuts IPO value amid weak investor demand, volatile markets

Finablr’s share sale opened on May 1 and came in the wake of Dubai-based Network International Holdings Plc’s successful London listing, the largest IPO on the exchange so far this year. Finablr, Abu …
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Posted on 16/05/2019

Egypt’s Sisi hosts Abu Dhabi crown prince amid Gulf tensions

Cairo (AFP) – Egyptian President Abdel Fattah al-Sisi on Wednesday met Abu Dhabi’s powerful crown prince, Mohammed bin Zayed al-Nahyan, the presidency said, amid rising tensions in the Gulf. “Both …
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Posted on 16/05/2019

Dubai Financial Market : Majority of Marka shareholders vote to liquidate the company

Dubai: Following years of turmoil, the shareholders of embattled retailer Marka voted on Wednesday morning to liquidate the business, after a last ditch attempt at turning the company’s finances …
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Posted on 15/05/2019

Sharjah PSC : Group posts AED 19m profit in Q1

Abu Dhabi – Mubasher: Sharjah Group posted a 14% year-on-year increase in its profits for the first quarter of 2019. Net profits recorded AED 19.23 million in Q1-19, compared to AED 1.27 million in Q1 …
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Posted on 15/05/2019

The Latest: Emirati diplomat: UAE committed to de-escalation

DUBAI, United Arab Emirates – The Latest on developments in the Persian Gulf region and elsewhere in Mideast amid heightened tensions between the U.S. and Iran (all times local): 9:35 p.m. A top …
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Posted on 15/05/2019

OPPO Captures the Spirit of the Season With a Touching Ramadan TVC Combining Tradition and Technology

As the original pioneers of this technology, OPPO has created an unmatched photography powerhouse in the Reno series. The company recently selected Dubai for the international launch of the OPPO Reno …
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Posted on 15/05/2019

UAE receives 6,000 long-term visa applications from entrepreneurs and investors

The ICA said on May 2 it had implemented the cabinet’s decision to issue the longer-term visas for entrepreneurs in collaboration with the Abu Dhabi business incubator, Hub71, and the Dubai Future …
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Posted on 15/05/2019

UAE and China to strengthen gems and jade bilateral trade

The Dubai Multi Commodities Centre and the China Gems and Jade … “Additionally, the collaboration will see both parties promote ethical and responsible business practices to their members,” the …
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