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Month: July 2019

Posted on 15/07/2019

Dubai gets Middle East’s largest airport solar energy system

Dubai Airports, the world’s busiest international airport, and Etihad Energy Services Company (Etihad ESCO), a leading energy service company and a wholly-owned subsidiary of Dubai Electricity and …
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Posted on 15/07/2019

Dubai International Airport terminal to be partially powered by the sun

Dubai International’s Terminal 2 now boasts the largest solar energy system of any airport in the region, made up of 15,000 photovoltaic panels installed by Etihad Energy Services Company (Etihad Esco …
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Posted on 15/07/2019

The Middle East’s largest airport solar energy system is ready at DXB

With a capacity of 5MWp, the solar project will generate 7,483,500 kWh energy annually for Dubai Airports, resulting in savings worth AED 3.3 million. The project will reduce existing Terminal 2 load …
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Posted on 15/07/2019

Abu Dhabi sovereign fund to boost active investments in fixed-income

ABU DHABI (Reuters) – Abu Dhabi Investment Authority (ADIA), the world’s third-biggest sovereign wealth fund, plans to increase active investments in fixed-income in the coming years, reducing its …
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Posted on 15/07/2019

Abu Dhabi’s $697 Billion Wealth Fund Is Hiring

In a world of diminishing returns, Abu Dhabi’s top sovereign wealth fund is hiring as it boosts active management of its estimated $697 billion portfolio. Abu Dhabi Investment Authority plans to “add …
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Posted on 15/07/2019

Dubai building Expo transport system for 25m visitors

In a statement to the Emirates News Agency (Wam), Ahmed Al Khateeb, CEO of real estate development at Expo 2020 Dubai, said: “Expo 2020 Dubai is cooperating with government institutions to provide a …
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Posted on 15/07/2019

Indo-UAE birthday gift for Shaikh Mohammad

Image Credit: Clint Egbert/Gulf News Dubai: An Arabic song applauding the contributions of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and …
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Posted on 15/07/2019

Video: Hope springs for UAE expat from India who tossed cash in trash

Dubai: The Indian restaurant manager who accidentally binned over Dh100,000 is headed home, thanks to scores of readers who stepped forward to help following a Gulf News report describing the man’s …
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Posted on 15/07/2019

Matrix Exchange receives In-Principle Approval from Abu Dhabi Global Market

ABU DHABI, UAE / ACCESSWIRE / July 14, 2019 / Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial …
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Posted on 15/07/2019

Amazon’s massive Prime Day sale launches tomorrow in the UAE

Shoppers in the UAE will get the chance to access amazing deals but you have to be an Amazon Prime member to be among the first to see what’s on offer. The good news is you can sing up for a free …
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Posted on 14/07/2019

Ropeless lift at Dubai Expo 2020 to take urban travel to the next level

Previously thought to be the stuff of Hollywood films, the Multi lift will be a key attraction at the German Pavilion in Dubai. Instead of using ropes, the Multi cabins are powered by magnetic …
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Posted on 14/07/2019

Dubai, Abu Dhabi outlooks improve substantially

Dubai and Abu Dhabi’s outlook in terms of personal well-being, long-term investment, GDP growth, innovation, transparency and ease of doing business has improved substantially over the last one year, …
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Posted on 14/07/2019

UAE, Spain ink infrastructure development MoU in Madrid

Officials from the UAE and Spain have reportedly signed a memorandum of understanding (MoU) to cooperatively develop roads, railways and ports. According to Emirates News Agency Wam, the agreement was …
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Posted on 14/07/2019

Dubai to turn more economic data public

Image Credit: Atiq Ur Rehman /Gulf News Dubai: Lack of transparency has long been a key challenge for anyone investing in emerging markets. But in Dubai, the government is hoping to change that. …
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Posted on 14/07/2019

Certified banking experts to help judges in UAE courts solve complex bank-related cases

Dubai: Courts in Dubai and Northern Emirates will now have qualified court banking experts to assist judges in bank-related cases. The move comes after the United Banks Federation (UBF) launched …
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Posted on 14/07/2019

Dubai set to be friendliest place for ‘people of determination’

Image Credit: Gulf News archives Dubai: Dubai is set to become the world’s friendliest place for people of determination with the Government of Dubai issuing many legislations to protect their …
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Posted on 14/07/2019

UAE opens solar-powered water station in Yemen

The UAE opened a solar-powered water pumping station in northeastern Yemen on Friday. The humanitarian aid project will supply water to thousands of residents in the district of Naseeb as well as the …
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