The new projects on the Palm are being delivered amid a glut of new development in Dubai which continues despite tumbling property prices. The paradox is in part related to earlier attempts by the …
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Property sales remain steady through Ramadan
In 2018, 8 percent of overall property sales transactions in Dubai took place during Ramadan, cumulatively worth AED 6.49 billion compared to AED 76.27 billion for the year. In terms of volume, the …
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Taqeef’s eco-friendly cooling technology in Middle East
In celebration of World Environment Day on 5 June 2019, Taqeef, the UAE-based air-conditioning solutions company, has focused on sourcing sustainable, eco-friendly cooling technology, while …
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Dubai Based Company, Global Technology and Innovation LLC, Set to Launch Two Cryptocurrency Tokens
DUBAI, June 3, 2019 /PRNewswire-PRWeb/ — Global Technology and Innovation LLC, a UAE based tech company active in different fields of technology including software, crypto, and clean energy is about …
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Abu Dhabi’s Yas Mall reopens after temporary evacuation
Abu Dhabi’s Yas Mall has reopened after it was evacuated on Tuesday, the first day of Eid Al Fitr. Abu Dhabi Media office confirmed in a tweet that the mall was temporarily evacuated keeping the …
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S&P sees Abu Dhabi GDP growth averaging 2.5% to 2022
Abu Dhabi’s economic growth will average 2.5 percent in the four years through 2022 as it benefits from higher oil production and prices, S&P Global Ratings estimated. Abu Dhabi’s economy still …
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Indian expat wins big in Abu Dhabi raffle
Abu Dhabi, June 4 (IANS) An Indian expat won 10 million dirhams ($2.7 million) in a raffle held in Abu Dhabi, the media reported on Tuesday. While Sanjai Nath R won the first prize, five other Indian …
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Debt and aggressive credit card selling among top UAE consumer complaints, says Central Bank
The five top consumer complaints raised by banking customers in the Emirates relate to debt, delays, aggressive credit card selling, as well as bank account and remittance issues, according to the …
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Bank of Baroda: Ode to development
As recognition, Modi was recently awarded the Zayed Medal, the highest civilian honour by the UAE. The dirham-rupee boost In the banking sector, notably the finance arena, the leaders of both …
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Ex-Hedge Fund Workers Deny Role In $1.9B Danish Tax Fraud
The three former workers at Solo Capital Partners Ltd., a U.K. hedge fund run by the alleged architect of a $1.9 … Anupe Dhorajiwala, chief operating officer of Solo Capital’s Dubai-based unit, …
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UAE, Uzbekistan Identify Practical Steps to Implement Government Modernization Program
DUBAI, United Arab Emirates — Intensive meetings of the joint task forces of the UAE and Uzbekistan governments held lately resulted in identifying a series of practical steps to transfer the …
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Abu Dhabi: Six-year old Indian girl falls from UAE building
A six-year-old Indian girl is fighting for her life after she fell from the third floor of her building in Sharjah, the media reported on Monday. The incident took place on Saturday evening, when the …
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Emirates eyes more seats on Dubai-India route; hopes restart of bilateral rights talks between govts
Gulf carrier Emirates is looking for more seats to offer on the Dubai-India route, which has not seen an increase in bilateral rights for the last five years, and expects discussions to restart …
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Two more Indian businessmen get 10-year residency visas in the UAE
“It is a privilege to receive the long-term visa as an acknowledgement of our efforts in the business front in UAE focusing on the healthcare sector of the country,” said Moopen. “This …
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Have you seen the new Dh100 bank note?
The Dh100 bank note was pushed into circulation by the UAE Central Bank in 2018, and has been recently spotted by residents. Image Credit: Supplied Dubai: Eid is coming right round the corner …
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Revealed: the importance of gold to Dubai’s economy
More than 4,000 companies are operating in the gold sector in Dubai with total gold, jewellery and diamond sales reaching AED274 billion ($74.6 million) last year, according to a new report. The …
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Ambitious roadmap for Dubai
UAE – Smart Dubai was launched to carry out the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in transforming Dubai …
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