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Month: May 2019

Posted on 13/05/2019

Dubai Banks Are Said to Hire HSBC and Barclays for Merger Talks

Dubai Islamic Bank PJSC hired HSBC Holdings Plc to advise on its possible acquisition of smaller rival Noor Bank PJSC, according to people with knowledge of the matter. Noor Bank is working with …
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Posted on 13/05/2019

Dubai banks said to hire advisors for merger talks

Dubai Islamic Bank had assets of AED227 billion at the end of March compared with Noor Bank’s AED51 billion in December, according to data compiled by Bloomberg. Dubai Islamic Bank has hired HSBC …
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Posted on 13/05/2019

Dubai Chamber announces formation of Car Dealers Business Group

Al Ghurair: Establishment of Car Dealers Business Group is an important step in aligning the efforts of key stakeholders and boosting the sector’s competitiveness Dubai: Dubai Chamber of Commerce and …
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Posted on 13/05/2019

Indian woman dies after hip replacement surgery at Dubai hospital

Gulf News reported. “In reference to the demise of Betty Rita Fernandes on May 9 after her surgery in Al Zahra Hospital Dubai (AZHD), we have made the family transparently aware of all the …
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Posted on 13/05/2019

Revealed: Dubai areas where rent is becoming more affordable

Asteco Real Estate looked at apartment and villa prices throughout Dubai while compiling the research. The biggest changes year-on-year were in JLT and Jumeirah Village, where prices decreased by 16 …
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Posted on 13/05/2019

XAD Technology Company Jobs 2019 in Dubai UAE

Technical and experienced personnel for the positions of Telecom Engineer, IT Engineer, Manager, Telecom Technician, CCTV Technician, General Helper, Health Officer, Safety Officer, Coordinator, HR …
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Posted on 13/05/2019

Italy in talks with UAE sovereign funds to lure investment

The government of Italian Prime Minister Giuseppe Conte is in talks with UAE investors and sovereign funds for potential investment in Italian logistics, tourism and technology-intensive industries. …
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Posted on 13/05/2019

Abu Dhabi Natnl Ol Cmpny fr Dstrbtn : ADNOC Distribution to build 75 new stations in Dubai in 5yrs

Abu Dhabi – Mubasher: The Abu Dhabi National Oil Company for Distribution (ADNOC Distribution) announced it would expand its facilities and services across the UAE, mainly in Dubai where it operates …
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Posted on 13/05/2019

US issues new warning to ships after ‘sabotage’ off UAE

DUBAI, United Arab Emirates — The U.S. issued a new warning early Monday to sailors over alleged “acts of sabotage” targeting ships off the coast of the United Arab Emirates amid heightened regional …
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Posted on 13/05/2019

UAE says four vessels subjected to ‘sabotage’ near Fujairah port

DUBAI (Reuters) – Four commercial vessels were … development,” according to the statement that was carried by state news agency WAM. The statement, which did not identify the vessels beyond …
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Posted on 13/05/2019

UAE claims four vessels targeted by ‘sabotage operations’

Four commercial vessels have been targeted by “sabotage operations” near territorial waters of the United Arab Emirates, its foreign ministry says. The sabotage attempt occurred in the Gulf of Oman, …
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Posted on 13/05/2019

NBE aims to attract more UAE investors to Egyptian market

Jamal Saif Al Jarwan, secretary-general of the UAE International Investors Council, met in Dubai with Hussein Tantawy, CEO of the National Bank of Egypt (NBE) in the Dubai International Financial …
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Posted on 12/05/2019

Dubai office rents drop, with landlords offering ‘generous incentives’ – report

both domestic and international organisations are well-placed to take advantage of Dubai’s business-friendly rental environment.” The report found that average rents at DIFC were estimated at …
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Posted on 12/05/2019

Dubai’s Nimai Capital’s Dh550.5m fund to invest in Asia, Africa

Dubai – Investment banking advisory firm Nimai Capital has launched $150 million (Dh550.5 million) fund in partnership with Kenya’s Victoria Commercial bank to invest in to financial services sector …
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Posted on 12/05/2019

Sharjah showcases UAE heritage in Italy

Image Credit: Supplied Turin: The Sharjah pavilion in the heart of Turin International Book Fair (TIBF) 2019 has continued to attract huge Italian crowds, who are pouring in to have their first …
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Posted on 12/05/2019

We have to move on from this defeat, Sharjah coach says

Al Wasl’s Brazilian mid-fielder Fabio De Lima celebrates with teammates after scoring the match-winner against Sharjah late in injury time on Saturday. Image Credit: AGL Abu Dhabi: The Arabian …
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Posted on 12/05/2019

What makes The Abu Dhabi EDITION one of the UAE’s best luxury hotels?

A modern property full of history, art and enough food to ensure you’ll never want to leave – Danae Mercer heads to Al Bateen Peninsula to discover The Abu Dhabi EDITION A meat sommelier named Charlie …
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