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Month: May 2019

Posted on 11/05/2019

Sky News Arabia launches first virtual reality studios in Dubai

Sky News Arabia has announced its biggest enhancements since the 2012 launch of the channel, with its first virtual reality studios in Dubai. The broadcaster has revealed a new programming line-up, …
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Posted on 10/05/2019

Dubai Chamber seminar sheds light on Dubai volunteering law

Dr. Belaid Rettab, Senior Director, Economic Research and Sustainable Business Development Sector, Dubai Chamber, said there has been heightened interest and more participation in volunteering …
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Posted on 10/05/2019

Over 457,000 Dubai motorists benefit from new traffic fine discounts

Dubai Police said the discount is being offered to reduce the financial burden on motorists and also encourage them to adhere to traffic regulations, state news agency WAM reported. Major General …
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Posted on 10/05/2019

Saudi sovereign fund invests indirectly in Arabian Centers IPO: sources

DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund (PIF … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centers, …
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Posted on 10/05/2019

Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources

DUBAI, May 10 (Reuters) – Saudi Arabia’s Public Investment Fund … although the investment represents strong government support for the IPO, a second source told Reuters. The IPO of Arabian Centres, …
( read original story …)


Posted on 10/05/2019

As the world tiptoes towards the Fourth Industrial Revolution, Dubai is embracing AI

The UAE, I am proud to say, has long led the region in terms of embracing and deploying emerging technologies across the nation. In October 2017, Sheikh Mohammed bin Rashid, Vice President and Prime …
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Posted on 10/05/2019

Winnow, Emaar Hospitality Group first to bring cutting-edge A.I. technology into UAE kitchen

(MENAFN – Dubai PR Network) Ground-breaking initiative in collaboration with Ministry of Climate Change and Environment leverages A.I. technology to reduce food waste by 72 per cent – or 250,000 …
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Posted on 10/05/2019

Baker Hughes to deploy motor oil-monitoring technology on fleet of ships in Dubai

The average car uses five liters of motor oil but a tanker ship can use up to 6,000 liters. Houston oilfield service company Baker Hughes has entered into a deal to deploy new Internet of Things …
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Posted on 10/05/2019

Digitizing travel: Say goodbye to long queues at UAE airports

Soon, you might not even need your passport to travel. This will be possible because the UAE is implementing new technology that will allow travelers to enjoy a seamless airport experience. Some of …
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Posted on 10/05/2019

Indo–UAE Business & Social Forum 2018–19

Indo–UAE Business & Social Forum 2018–19 & 5th Edition – World’s Greatest Brands & Leaders 2018–19 held at J W Marriott Marquis Hotel, Dubai on 1st May 2019 was a magnificent event highlighted by the …
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Posted on 10/05/2019

UAE and Uzbekistan activate strategic partnership agreement

The UAE has held a leading position in the Arab world for ease of doing business over the past six years. Drawing on the country’s successful experience, His Excellency Abdulla Nasser Lootah, Director …
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Posted on 10/05/2019

Dubai recruitment exec unfazed by construction, travel jobs slump

executive director at Dubai-based recruitment firm Nadia Global Group, said replacement hires rather than new hires were being seen in construction while he added that local airlines have shed jobs …
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Posted on 10/05/2019

The Uber IPO is absurdly overvalued on NASDAQ

as the Facebook IPO did in the summer of 2012. So get real. Get smart. Get short! Dubai property prices will not bottom in 2019 or 2020 The latest bear market in Dubai real estate is now five years …
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Posted on 10/05/2019

Arabian Centers to raise $747m in IPO

DUBAI: Saudi mall operator Arabian Centers is set to raise as much as SR2.8 billion ($747 million) after pricing its initial public offering (IPO) at the bottom of its indicative range, according to a …
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Posted on 10/05/2019

Saudi Arabia’s Arabian Centres IPO priced at lower end of range-sources

DUBAI – Saudi Arabian mall operator Arabian Centres has priced its initial public offering at the lower end of an indicative price range, which means the deal would raise 2.47 billion riyals ($659 …
( read original story …)


Posted on 09/05/2019

Breaking Travel News investigates: Arabian Nights Village, Abu Dhabi

In the beauty contest between the United Arab Emirates’ various constituents, Dubai stands out as the glitzy heart, increasingly competing with the leading cities around the world in terms of shopping …
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Posted on 09/05/2019

Is UAE Leading the Way for Concentrated Solar Power in GCC?

DUBAI, United Arab Emirates, May 9 2019 (IPS) – In April 2019, the International Renewable Energy Agency (IRENA) published a report on a “roadmap to 2050” in terms of renewable energy. The report …
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