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Month: July 2019

Posted on 11/07/2019

UAE- Noor Bank raises over Dh500m for Azimut’s Fixed Maturity Fund

(MENAFN – Khaleej Times) Noor Bank entered a successful collaboration with Azimut (DIFC) to launch the largest US-dollar Islamic fixed maturity plan (FMP) in the UAE under a Dubai International …
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Posted on 11/07/2019

Sind Punjab, Dubai’s iconic Indian restaurant, turns 42

Later, in 1958, the restaurant opened another outlet in Karama and later in Dubai Internet City (DIC). Gulf News visited its Bur Dubai outlet find out why people still flock the eating joint after …
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Posted on 11/07/2019

UAE- Short-term rentals hold sweet spot

(MENAFN – Khaleej Times) With an ever-growing number of tourists and business travellers in the UAE, Christian Mischler, co-founder and executive chairman of GuestReady, knew his tech-enabled …
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Posted on 11/07/2019

UAE ministry cuts work permit fees by up to 94%

The fees for work permits offered by the UAE’s ministry of Human Resources and Emiratisation (MOHRE) have been slashed in a bid to support business owners in the country. The MOHRE announced fee …
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Posted on 11/07/2019

Abu Dhabi throws the switch on world’s largest single-site solar project

Rivalry between nation states can often be a driver of progress, and this is particularly evident when observing Abu Dhabi and Dubai’s efforts to trump each other in the field of solar power. …
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Posted on 11/07/2019

Etisalat, Huawei announce 5G partnership; unveil Mate 20 X 5G in UAE

Etisalat and Huawei are determined to bring 5G technology further into the mainstream in the UAE. And as an added bonus, a more affordable 5G smartphone as well. The companies announced a partnership …
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Posted on 11/07/2019

UAE startup finalist in ‘Billion Ruble Pitch’ at GMIS

Putin indicated that Russia was willing to share its scientific infrastructure for joint research on nature-inspired technologies. The three-day GMIS 2019 is a joint initiative by the UAE Ministry of …
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Posted on 11/07/2019

Dubai Culture Becomes First Entity in MENA to Receive ISO 9001: 20000–1: 2018 Certification

The certification comes as a remarkable achievement for the Information Technology (IT) department of the Authority Demonstrating excellence as an integral part of its operations, Dubai Culture and …
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Posted on 11/07/2019

Ankabut selected as Dell Technologies cloud service provider in the UAE

Taking a step forward in collaborating between UAE government, industry, and academia, the Emirates Advanced National Research and Education Network (Ankabut) today announced that it has achieved the …
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Posted on 11/07/2019

Dubai sees 17% increase in business travellers in H1

Dubai Business Events (DBE), the city’s official convention bureau, has secured 118 successful bid wins for events to be hosted in Dubai over the coming years during the first half of 2019. These …
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Posted on 10/07/2019

Aldar Properties to develop $1.3bn worth of projects in Abu Dhabi

Abu Dhabi’s Aldar Properties is set to appoint contractors to develop $1.3 billion (AED5bn) worth of social, economic and infrastructure projects in three areas of the emirate. Appointed by the Abu …
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Posted on 10/07/2019

UAE banks ready to face domestic and external risks

The UAE’s banking system continues to remain strong enough to weather global macro-financial risks. That was what the 2018 stress tests on the country’s banking sector revealed. It should come …
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Posted on 10/07/2019

Reinventing retail banking event in September

Dubai, United Arab Emirates: The nature of banking within the UAE has transformed significantly within the last decade. With smartphone penetration in the UAE being the highest in the world, there has …
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Posted on 10/07/2019

Dubai sees 17% increase in delegate impact from business event bid wins in h1 2019

Dubai: 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 …
( read original story …)


Posted on 10/07/2019

Dubai sees increase in delegate impact from business event bid wins

Dubai Business Events (DBE) has recorded exceptional results during the first half of 2019, securing 118 successful bid wins for events to be hosted in Dubai over the coming years. These events won in …
( read original story …)


Posted on 10/07/2019

Exclusive: Tradesocio Opens Dubai Office, Plans One in London

The firm’s new premises in Dubai will also host an innovation hub and be home … Instead of onboarding a fund manager, setting up an expensive operation in a hedge-fund-friendly jurisdiction, which …
( read original story …)


Posted on 10/07/2019

London Beats New York in Drawing Saudi ETF Investor Billions

The EU has set rules on funds’ liquidity requirements, risk limits, transparency and leverage, and UCITS products can use derivatives to create some leverage and short exposure, but not as much as …
( read original story …)


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