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Month: May 2019

Posted on 27/05/2019

Dubai’s Emaar denies plan to sell district cooling business

Dubai developer Emaar Properties has denied a report on Sunday it is planning to sell its district cooling business. The Reuters news agency claimed sources had told them the developer had hired …
( read original story …)


Posted on 27/05/2019

Nearly 430 new restaurants, cafes open in Dubai in 2019

The total number of new restaurants and cafes opening in Dubai has reached 427 during the first four months of 2019. According to the Business Registration and Licensing sector in the Department of …
( read original story …)


Posted on 27/05/2019

Expo 2020 Dubai to attract 11 mln foreign visitors-officials

DUBAI (Reuters) – Dubai could attract 11 million foreign visitors to the Expo 2020 world fair, organisers said in an interview, giving a significant boost to the emirate’s tourism sector. Overseas …
( read original story …)


Posted on 27/05/2019

UAE gold jewellery prices soar ahead of Eid Al Fitr holidays

Dubai: Gold prices in the UAE have gone up ahead … according to Vijay Valecha of Century Financial. “The deadlock in the US-China trade talks alongside rumours that the US could ban more …
( read original story …)


Posted on 27/05/2019

UAE provided $5.3bn in grants to governments, organisations in 2018

Grants provided by the UAE in H1-2018 hit AED6.8 bn, before amounting to AED13 bn in the latter half, according to the statistics which are based on the Ministry of Finance’s figures. Q3-2018 saw AED7 …
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Posted on 27/05/2019

UAE’s SCA warns of false financial company certificates

Some financial companies are using “false certificates” to try dupe potential customers into believing they are licensed, the UAE’s Securities and Commodities Authority (SCA) has warned. In a …
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Posted on 27/05/2019

UAE- Mohammed bin Rashid honours first batch of Artificial Intelligence Programme

The ceremony was attended by H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance; H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and …
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Posted on 27/05/2019

Finablr to spend $200M of IPO money on expansion

The UAE-based company, whose brands include UAE Exchange … announcing its first results on the London Stock Exchange after June 30 this year. Finablr’s IPO price was 175 pence per share, …
( read original story …)


Posted on 27/05/2019

Dubai mega mall inspired by nature

This is a city famous for the prevalence and grandeur of its malls that draw a well-heeled clientele from across the world. Dubai is home to what was until recently the largest mall in the world by …
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Posted on 27/05/2019

What will the impact on the Dubai property market be post Expo 2020?

According to fäm Properties, in 2019, apart from the overdue projects, there are around 59,800 properties scheduled for delivery. Yet, only around 33,800 properties that are 80-99% close to completion …
( read original story …)


Posted on 27/05/2019

Expo 2020 Dubai to attract 11 million foreign visitors – officials

DUBAI (Reuters) – Dubai could attract 11 million foreign visitors to the Expo 2020 trade fair, organisers said in an interview, giving a significant boost to the emirate’s tourism sector. Overseas …
( read original story …)


Posted on 27/05/2019

Patchi celebrates 15 years with Dubai Duty Free

Patchi, the creator of premium chocolate gifting, is celebrating 15 years with Dubai Duty Free which played a key role in supporting and promoting Patchi in Travel Retail. Patchi currently ranks …
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Posted on 27/05/2019

Dubai Financial Market : Real Estate stocks weigh on DFM Sunday

Dubai – Mubasher: The Dubai Financial Market (DFM) has closed Sunday’s trading session in red territory, dragged down by declining real estate stocks, mainly Emaar Properties. By the end of today’s …
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Posted on 27/05/2019

Dubai-based Indian teenager tops regional finalist list in international science contest

Shaamil Karim, a grade 11 student of the Indian High School in Dubai, was selected for the Google Science Fair global contest from thousands of entries, the Gulf News reported on Saturday. His project …
( read original story …)


Posted on 27/05/2019

Eid holidays announced for Dubai schools

as the Eid Al Fitr holidays have been announced for Dubai schools, beginning on Sunday June 2 until Thursday June 6, declared by the The Knowledge and Human Development Authority (KHDA). The good news …
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Posted on 27/05/2019

Burj Khalifa Lake & the Dubai Fountain – Dubai Video

at the center of the Downtown Dubai development in Dubai, United Arab Emirates. Some local news is curated – Original might have been posted at a different date/ time! Click the source link for …
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Posted on 27/05/2019

Dubai-based Indian boy finalist in Google Science Fair

Shaamil Karim, a grade 11 student at the Indian High School Dubai, was selected from thousands of entries, Gulf News reported on Saturday. His project detects if a car or person is passing by and …
( read original story …)


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