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Month: July 2019

Posted on 06/07/2019

Indian winner of Dh12 million UAE lottery didn’t tell husband about ticket

Big Ticket Abu Dhabi raffle winner Sopna Nair may have walked away with … I really haven’t had didn’t have the time to process the news. My company has helped me immensely and I’m extremely indebted …
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Posted on 05/07/2019

Abu Dhabi seeks major synergies via consolidation

The 11 companies include, Abu Dhabi Ports, Abu Dhabi Media Co., Abu Dhabi Airports Co., Modon Properties, Abu Dhabi Health Services Company (SEHA) and National Health Insurance Co. (Daman). …
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Posted on 05/07/2019

11 Abu Dhabi entities come under one roof

Abu Dhabi Health Services Company; Modon Properties; Daman; Abu Dhabi National Exhibition Company; Abu Dhabi Sewerage Services Company and Zones Corp. These companies and agencies will come …
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Posted on 05/07/2019

Dubai real estate market reaches ‘attractive levels of affordability’ in H1 2019

Dubai’s real estate market has reached ‘attractive levels of affordability in the first half of 2019, a report from Bayut, a UAE-based real estate portal, has found. Based on a comparison of prices …
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Posted on 05/07/2019

UAE- Etisalat, Noor Bank to offer mobile digital payment service

(MENAFN – Khaleej Times) Etisalat and Noor Bank have announced the launch of eWallet, a new digital payment service aimed at empowering UAE customers with safe, convenient, and flexible payment …
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Posted on 05/07/2019

Now, tourists can shop at all airports in Dubai using Indian rupee

The Indian Rupee will now be accepted for transaction at all airports in Dubai, according to a media report, in a good news for tourists from India who form the highest number of international …
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Posted on 05/07/2019

Dubai: An investment haven beckons

Dubai, one of the seven emirates under the United Arab Emirates (UAE), has taken the world of business by storm. By riding on the crest of robust infrastructure, investor-friendly business …
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Posted on 05/07/2019

Work starts on phase 2 of Dubai Autodrome Business Park

Union Properties has announced the expansion of Dubai Autodrome Business Park project in Dubai MotorCity, with a total investment of AED25.5 million. Work has commenced on the second phase of Dubai …
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Posted on 05/07/2019

UAE to give free SIM cards to all tourists

Tourists arriving in the United Arab Emirates (UAE) will receive free mobile phone SIM … chairman and CEO of TeleKomNow, reports Gulf News. “Tourists will get the SIM card from the passport control …
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Posted on 05/07/2019

Sharjah Ruler’s Son, 39, Dies In London; Police Probe “Unexplained Death”

Leaders from across the Arab world, including Saudi Crown Prince Mohammed bin Salman and the emir of Kuwait, Sheikh Sabah Al-Ahmed Al-Sabah, sent messages of condolences to the ruler of Sharjah, …
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Posted on 05/07/2019

Dubai woos Indian fintech start-ups with $100 million fund

Incidentally, the Dubai International Financial Centre (DIFC), the financial hub in the Middle East, Africa and South Asia (MEASA), has partnered with The Indus Entrepreneurs (TIE), Mumbai, the …
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Posted on 05/07/2019

Expo 2020 Dubai driving growth plans of UAE firms, says HSBC

Others will focus on investing in sustainability practices. Mike Davis, head of Commercial Banking, HSBC UAE said: “Expo 2020 remains the overriding factor resulting in such strong confidence for …
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Posted on 04/07/2019

Dubai Holding outlines six-month growth plan

Dubai Holding said on Thursday that its focus for the rest of the year would continue to be on achieving strong financial success “underpinned by the performance of its recurring income business, …
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Posted on 04/07/2019

Dubai readies to reinforce its status as a hub for SME growth

The hub, which pays tribute to Dubai’s origins as a commercial trading port, offers a dedicated space for new businesses from the design, fashion, F&B and information technology sectors. With several …
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Posted on 04/07/2019

Salam Air launches three weekly flights from Abu Dhabi to Salalah, Oman

Abu Dhabi International Airport (AUH) has welcomed three weekly flights between Abu Dhabi and Salalah, the popular holiday destination on the south coast of Oman. The inaugural flight operated by the …
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Posted on 04/07/2019

Non-resident deposits in UAE exceed loans by $17.5bn

The value of non-resident deposits in the UAE’s banking system exceeded non-resident loans by Dh64.5 billion ($17.5 billion) at the end of May 2019 compared to the same period in 2018, a media report …
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Posted on 04/07/2019

UAE’s Etihad Rail to seek about $2 billion in financing – sources

the developer and operator of the United Arab Emirates’ national rail network, is expected to approach banks for about $2 billion to help finance the expansion of the network, banking sources …
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