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Month: August 2019

Posted on 07/08/2019

How Dubai is making an impact on global cruise tourism map

Dubai has concluded its 2018/2019 cruise season with a record 51 percent increase in cruise tourists and a 38 percent rise in cruise ship calls, cementing its position as a premier international …
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Posted on 07/08/2019

Dubai residents warned against robbery gangs during summer break

With residents and citizens flying out of UAE for summer vacations, the Dubai Public Prosecution has issued an advisory for residents – by quoting a robbery case. Posted on social media, the statement …
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Posted on 07/08/2019

Being mis-sold an investment leaves a hole in your financial future

he returned to the UAE to roll out the venture in Dubai last year. Unfortunately, the traditional financial industry wasn’t designed to be fair, it was designed to make money. Mark Chahwan, chief …
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Posted on 07/08/2019

Dubai regulator imposes its largest fine over Abraaj saga

DUBAI — The Dubai Financial Services Authority (DFSA) said on Tuesday it had fined two entities of private equity firm Abraaj $315 million, the largest financial penalties it had ever imposed. …
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Posted on 07/08/2019

UAE’s all-round show to the fore again – News |

(MENAFN – Khaleej Times) The UAE cricket team’s all-round show has been the big takeaway on their tour of the Netherlands. And their team performance was on show again as they beat the hosts by 14 …
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Posted on 07/08/2019

Five Filipinas homeless after fire guts flat in Dubai’s International City

Dubai: A minor fire broke out in an apartment … “I was outside the flat when I noticed our Wifi got disconnected. So when I entered the flat, there was smoke everywhere. Then the bedroom …
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Posted on 07/08/2019

You can now rent electric scooters in Abu Dhabi

There’s a new way of getting around Abu Dhabi. Following the news last week that it’s now legal to rent e-scooters in the capital, a company has set up shop. Circ says it wants to make travel “more …
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Posted on 07/08/2019

UAE, Sri Lanka back India on reorganisation of J&K

UAE’s ambassador Ahmad Al Banna was quoted … the state of J&K as India’s two new Union Territories,” he told a news agency. A report in Gulf News said, “He (Al Banna) commented that …
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Posted on 07/08/2019

Smart Dubai’s Dubai Pulse Platform Lets Startups Take The Lead With Data

calling it the “backbone of Dubai’s transformation and shift towards smart technologies,” ordering all government departments to begin populating the platform with their data. Related: Action Over …
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Posted on 07/08/2019

Dubai Reinforces Status as Hub for SMEs Growth

Dubai has launched a series of initiatives to become a more productive base for small and medium enterprises (SMEs) and reduce the cost of doing business in the United Arab Emirates (UAE), Africa and …
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Posted on 07/08/2019

Dubai Duty Free: Two Indian expats win million dollars each at DDF

Surprised upon hearing the news, Sudhakar commented, “This is amazing, I cannot believe that we won. My team is very happy, and a big thank you to Dubai Duty Free!” It was a big day for other winners …
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Posted on 07/08/2019

Budji + Royal highlights nature, not technology, in PH pavilion at 2020 Dubai World Expo

Bangkota, the Philippine pavilion for the Dubai Expo 2020, will boast an indoor-outdoor experiential design inspired by coral reefs and the natural environment. Designing the Philippine pavilion …
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Posted on 07/08/2019

Fee for 75% services slashed in UAE – News |

(MENAFN – Khaleej Times) The Khalifa Industrial Zone Abu Dhabi, Kizad, an Abu Dhabi Ports subsidiary, has waived the charges for over 75 per cent of its services, in line with the Abu Dhabi …
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Posted on 06/08/2019

DEWA partners with Stanford University for research and development in solar energy

to forecast the performance and production of photovoltaic solar plants in the short term. DEWA’s R&D initiatives are in line with UAE Centennial 2071, the National Strategy for Artificial …
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Posted on 06/08/2019

UAE- SRTI Park holds meeting with delegation from China – News |

SRTI Park is ideal for attracting Chinese technology driven investors to start up their business in UAE, showcasing to the world, as a global platform,” said Evita Xu Jiahua, Business Development …
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Posted on 06/08/2019

Winds Of Change: Preparing For The Future Of Banking

Notably, over 80% of urban consumers in the UAE and KSA plan to use their phones or other devices to fulfill their banking needs, according to McKinsey. For bankers, this trend offers a critical, time …
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Posted on 06/08/2019

AU, Noor Bank launch Dhs3.2m fund

and in a bid to promote Islamic banking and finance industry, have launched the first of its kind waqf (endowment) initiative in the UAE with a capital base of Dhs3.2 million. The move followed a …
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