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Month: July 2019

Posted on 02/07/2019

UAE approves 13 sectors eligible for up to 100% foreign ownership: state news

DUBAI (Reuters) – The United Arab Emirates will allow up to 100% foreign ownership of some companies operating in 13 sectors, including manufacturing, agriculture, and renewable energy, state news …
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Posted on 02/07/2019

Banks scramble to re-pitch for Aramco IPO roles: sources

LONDON/DUBAI (Reuters) – Investment banks are scrambling to re-pitch … “Bankers previously involved in the IPO are pushing for meetings with Aramco,” one of the sources said. “There is some shifting …
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Posted on 02/07/2019

DLD launches 4 new investment products in Dubai’s real estate market

Dubai: Dubai Land Department (DLD) announced the launch of the Real Estate Investment Opportunities (REIOs) initiative during a press conference held yesterday. The new initiative is a new way to …
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Posted on 02/07/2019

“Big data, AI, 3D printing and virtual reality are vital for the development of real estate”

“Moreover, Dubai has emerged as the most affordable city on premium property prices among global competitors, making it 14.5 per cent cheaper than Hong Kong, London and New York, with an average …
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Posted on 02/07/2019

UAE keeps an eye on SA and trade

for the South Africa – UAE Business Forum in order to discuss increasing bilateral trade between the two countries. Representing the government of the UAE was H.E Abdullah Al-Saleh, Undersecretary of …
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Posted on 02/07/2019

UAE- Technology to transform the workplace and workforce

Nilesh Khalkho, CEO of Sharaf DG, noted that the business environment across the UAE has become much more complex, resulting in organisations looking to adopt technologies such as Artificial …
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Posted on 02/07/2019

Digitization the Only Way for Banking Sector… It Won’t Threaten Jobs

Digital channels are used more frequently than branches and ATMs across all generations. Digitization is the only way forward for the banking sector and most UAE banks are investing heavily to …
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Posted on 02/07/2019

Abu Dhabi commercialises the world’s largest single solar power project

Noor Abu Dhabi is comprised of over 3.2 million solar panels, capable of providing enough capacity to 900,000 people. The UAE debuted the world’s largest single solar plant, Noor Abu Dhabi, boasting a …
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Posted on 02/07/2019

Minister Katz visits Abu Dhabi: A ‘significant step’ in Israel-Arab relations

Unlike many other news organizations, we have not put up a paywall … Foreign Minister Israel Katz took part in a UN meeting on the environment in Abu Dhabi, the Foreign Ministry announced on Monday, …
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Posted on 02/07/2019

UAE protects our rights, respects differences: Domestic workers

The UAE has a unique experience in protecting the rights of workers and providing them a decent life, given its status as home to more than 200 nationalities. The Emirates News Agency (Wam), has …
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Posted on 02/07/2019

INTERVIEW: Dubai Financial Market has “healthy” IPO pipeline, says operations head

The Dubai Financial Market (DFM) has a healthy level of initial public offerings (IPOs) in its pipeline and expects its new real estate investment trust (REIT) platform to have promising growth …
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Posted on 02/07/2019

A tug of war between the emirates: Abu Dhabi and Dubai – two brothers battling in sports

Sports – or rather, investments in sports – have become a vehicle for competition in Abu Dhabi and Dubai’s fight for prominence The UAE is a growing influence on global sport The clash between Arsenal …
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Posted on 02/07/2019

ISALEX19 Exercise Kicks-off in Abu Dhabi

ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–The International … Specialized task forces communicated the information and news compiled about the attacks to field commanders to enable the …
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Posted on 02/07/2019

Facebook scam targets UAE residents, claims endorsement from Abu Dhabi’s Crown Prince

Scammers used the image of Abu Dhabi’s Crown Prince … The post linked to a fake news story that mixed facts with fabrications; it included a fake quote from Bill Gates and as well as a …
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Posted on 02/07/2019

What next for climate change after Abu Dhabi?

Abu Dhabi: Recent heatwaves in Europe and extreme weather changes in other parts of the world have everything to do with global warming, delegates told Gulf News on the sidelines of the Abu Dhabi …
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Posted on 02/07/2019

Dh108.7 million Abu Dhabi project on major route completed

Image Credit: Abdul Rahman/Gulf News Abu Dhabi: All works on a major route in Abu Dhabi have been completed after three years in the making. The upgrade on Shaikh Zayed Bin Sultan Street …
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Posted on 02/07/2019

Minister Katz visited Abu Dhabi, presents economical cooperation plan

Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of …
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