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Month: May 2019

Posted on 02/05/2019

UAE laboratory signs agreements to regulate safe use of new technologies

The Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid, attended the official signings. Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Mohammed …
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Posted on 02/05/2019

UAE Hosted 1st ‘AI Everything’ Summit with Smart Dubai

Smart Dubai’s role as strategic partner for the summit is part of its efforts to build interactive international platforms to explore leading global trends in advanced technologies, enhancing the …
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Posted on 02/05/2019

Shaikh Mohammad approves agreements for testing future technologies

The agreements are part of efforts to create a safe environment for testing experimental regulations for future technologies. The initiative seeks to reinforce the UAE’s position as a global …
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Posted on 02/05/2019

UAE implements plan to offer five-year visas to entrepreneurs

The move is part of the UAE’s aim to enhance the ease of doing business in the country. The Federal Authority for Identity and Citizenship will be in charge of issuing the residency visas while HUB71 …
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Posted on 02/05/2019

Sharjah’s Al Mujarrah: A place where cultures…

Although famous for Sharjah’s Rain Room and its Islamic Museum, Al Mujarrah is a home away from home for Pakistani families. For many who are not familiar with Sharjah ahead of the opening of the …
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Posted on 02/05/2019

Sharjah Ruler honours Lebanon’s Amel Int’l with a $1m grant

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has presented the third annual Sharjah International Award for Refugee Advocacy and Support,SIARA, to Amel …
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Posted on 02/05/2019

Homefront: ‘how can a buyer ensure banks don’t undervalue an off-plan property?’

In the current market I have heard of some newly completed properties being valued by UAE banks at approximately 12.5 per cent less than their original purchase value. The banks will only mortgage 75 …
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Posted on 02/05/2019

The oil-reliant United Arab Emirates is betting big on tech start-ups and A.I.

Abu Dhabi authorities have launched a $272 million scheme to attract and develop technology start-ups. The UAE has put in place significant adjustments to its long-term visa system. SoftBank’s Vision …
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Posted on 02/05/2019

UAE starts granting five-year residency visas to entrepreneurs

The UAE has started issuing five-year residency visas to entrepreneurs as part of its aim of improving the ease of doing business in the country. The Federal Authority for Identity and Citizenship …
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Posted on 02/05/2019

Dubai logistics firm Tristar said to pick BofA, Citi for IPO

Tristar, a subsidiary of Kuwaiti logistics firm Agility Public Warehousing, is headquartered in the United Arab Emirates and operates in 20 countries. Middle East logistics firm Tristar Group has …
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Posted on 02/05/2019

Dubai said to mull plan to freeze rents for 3 years

“Right now, all rental decisions are based on the Dubai Rent Index, and it will continue to be so until the three-year no-hike proposal is cleared,” the spokesperson added. Gulf News also reported …
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Posted on 02/05/2019

Dubai-bound passengers delayed by 14 hours in India

About 180 passengers due to fly to Dubai from Pune, Maharashtra on a SpiceJet flight endured a long night when their flight was delayed by 14 hours. According to a complaint filed by one of those due …
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Posted on 02/05/2019

Plans for mega Dhs25 billion Riviera-style development in Dubai revealed

It will host another city record with Dubai’s longest swimming pool plus The Dubai Mall by The Sea – a 12,6000 sq m space boasting waterfront retail, dining and leisure activities, floating yacht club …
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Posted on 02/05/2019

Video: Super Sale Dubai, Gulf News went shopping for bargains in malls

The malls get so crowded from 12 noon onwards Park in the higher level parkings (lower level is always full) Don’t immediately be seduced by the discount Plan your purchases ahead of time The list …
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Posted on 02/05/2019

Brexit uncertainty could draw more attention to Dubai real estate market

The Dubai Real Estate market is likely to be impacted by UK’s uncertainty to stay or exit the European Union (EU). The ambiguity of the exit plan and the rejection by the British Parliament of the …
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Posted on 02/05/2019

UAE Ministry of Finance Signs MoU With ADGM and IBRD to Establish the International Technology Centre in UAE

UAE Ministry of Finance signs a Memorandum of Understanding (MoU) with both; Abu Dhabi Global Market (ADGM) and the International Bank for Reconstruction and Development (IBRD) early today. UAE …
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Posted on 02/05/2019

Banks merge to create UAE’s third largest lender

(MENAFN – Khaleej Times) The third largest banking giant in the UAE with Dh423 billion in assets came into being on Wednesday following the merger of Abu Dhabi Commercial Bank, Union National Bank …
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