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Month: July 2019

Posted on 12/07/2019

Meet Emirati cancer survivor who became an entrepreneur in UAE

one that would see him go on to create his own successful business. “The fact remains that today in most companies employees are numbers only. When I arrived back home in the UAE after my cancer …
( read original story …)


Posted on 12/07/2019

Central bank finds banks’ asset composition well-balanced

Dubai: Levels of asset growth in the UAE banking system and loan exposures to various sectors of the economy are within the risk absorption capacity, and do not pose any imminent systemic threat …
( read original story …)


Posted on 12/07/2019

Aldar Properties wins multiple AUH contracts

Aldar Properties has partnered with several Abu Dhabi Government entities to deliver social, economic and infrastructure projects to the tune of $1.36 billion across multiple key destinations in Abu …
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Posted on 12/07/2019

The Abu Dhabi Edition: The Ultra-Mod Hotel Group Arrives In The UAE

Credit: The Abu Dhabi Edition Started a little over a decade ago by Ian Shrager in collaboration with Marriott, the Edition Hotels brand has taken off in recent years with ten properties opened …
( read original story …)


Posted on 12/07/2019

UAE- Emirates’ US-bound passengers soon to have Wi-Fi, mobile connectivity and Live TV over the North Pole

(MENAFN – Dubai PR Network) Dubai, UAE, 11 July 2019 Emirates’ passengers bound for the US will soon be able to enjoy Wi-Fi, mobile service connectivity and Live TV broadcast, even when flying …
( read original story …)


Posted on 12/07/2019

UAE- Empower launches Intelligent Delta- T Analyzer and Detector

to support the transformation towards a green economy in the UAE, said Bin Shafar. ‘This unique technology, which we use in all our cooling plants, automatically searches for energy wastage from …
( read original story …)


Posted on 12/07/2019

Dubai property investors win five-year visas after $54m commitment

Dubai Land Department (DLD), in coordination and cooperation with the General Directorate of Residency and Foreigners Affairs (GDRFA), has granted five-year renewable visas to 20 foreign investors …
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Posted on 12/07/2019

Abu Dhabi fund agrees $250m loan to Mali gov’t

Abu Dhabi Fund for Development (ADFD), the national entity for international economic development aid, has signed two agreements with the Government of Mali. These include an AED918 million ($250 …
( read original story …)


Posted on 12/07/2019

Saudi Arabia moves to secure Yemen ports after UAE drawdown

Najeeb Almahboobi/EPA-EFE] Saudi Arabia’s military in Yemen moved in to secure two strategic Red Sea ports and the Bab al-Mandeb Strait after ally the United Arab Emirates substantially reduced its …
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Posted on 11/07/2019

Freehold Property vs. Leasehold Property: What makes sense for you?

The introduction of the long-term residency visas for property investors and the much-anticipated launch of the Dubai Expo 2020 on the horizon have significantly boosted interest in the property …
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Posted on 11/07/2019

Dubai realty to remain buyers, tenants’ market for foreseeable future

(MENAFN – Khaleej Times) Property prices and rentals in Dubai continued to decline in the first half of 2019 and this trend will continue in the second half as oversupply will keep the emirate a …
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Posted on 11/07/2019

UAE’s Gold Card visa improving investment sentiment – survey

more specifically in properties located in Dubai. Property leads the investment class option (68 percent), followed by business (26 percent), and stocks (4 percent), the survey showed. Of those who …
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Posted on 11/07/2019

Dubai secures 118 events bid wins in H1

Dubai Business Events (DBE), the city’s official convention bureau, has recorded exceptional results during the first half of 2019, securing 118 successful bid wins for events to be hosted in Dubai …
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Posted on 11/07/2019

Dubai financial regulator warns of easy loan scam

The Dubai Financial Services Authority (DFSA) is warning about a fraudulent scam which offers easy loan approvals in return for a fee. The scammers – going by the name Skyo Microfinance Bank Limited – …
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Posted on 11/07/2019

Dubai real estate: Win-win situation for home buyers and tenants

Dubai’s residential market is expected to remain highly attractive to occupants and buyers thanks to the wide variety of options available at competitive prices. In the short term, however, oversupply …
( read original story …)


Posted on 11/07/2019

Why these UAE businessmen changed track?

Vijay Samyani of Concept Brands Group is all smiles at his factory outlet store in Dubai. Image Credit: File Picture As for the nightclub venture, “There is no reason why business owners should …
( read original story …)


Posted on 11/07/2019

Dubai can ‘set the bar’ for high-end co-living developments, says real estate expert

Witty told Arabian Business: “Whilst co-living and co-working is a growing global trend, it’s possible Dubai could set the bar for high-end, technology-enabled co-living solutions. With its commitment …
( read original story …)


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