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Month: August 2019

Posted on 20/08/2019

Dubai cash: NAM 1 yet to formally seek AG’s support – Kwame Akuffo

Lawyers for Menzgold CEO say their client has not yet directed them to write to the Attorney General’s department to seek governmental support in retrieving his held up money in Dubai. Lead lawyer, …
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Posted on 20/08/2019

Dubai billboard on yoga beating diabetes in 10 days removed

This billboard was removed after a backlash on social media about unrealistic promises made on it Image Credit: Twitter/@DrAlMidfa Dubai … Krishna told Gulf News that the advertisement was …
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Posted on 20/08/2019

UAE national service recruits given bank fee exemption

Emiratis performing their national service are to be exempt from some bank charges under new regulations. The UAE Central Bank said the initiative would mean minimum balance requirements would no …
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Posted on 20/08/2019

Bloom Properties begins handover of park view apartments on Saadiyat

Abu Dhabi-UAE: Leading real estate developer Bloom Properties announced today that it has begun the handover of units to owners at the prestigious Park View development on Saadiyat Island. The …
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Posted on 20/08/2019

Dubai Expo 2020 to invest $75m in landscaping

Dubai is investing more than $75m (Dhs277m) in landscaping and irrigation for Expo 2020, according to a report carried by Emirates News Agency (WAM). Taleb Abdulkareem Jilfar, executive director …
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Posted on 20/08/2019

Imkan eyes Egypt expansion with second major project

Imkan Properties, an Abu Dhabi-based developer, is boosting its portfolio of investment in Egypt with plans for a second major development as it begins handing over units from its Dh15 billion …
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Posted on 20/08/2019

Abu Dhabi’s most successful football team will be in FIFA 20 game

The good news is, with the newest release the UAE’s most successful club in recent years will be added to the game for the very first time. Al Ain FC will feature in FIFA 20, becoming the first team …
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Posted on 20/08/2019

Louvre, Abu Dhabi: An Oasis for Humanity in Time and Space

In this age where unwarranted prejudices distorts facts and figures and news, this museum is a necessity. The website aptly says “Louvre Abu Dhabi invites visitors to see humanity in a new light”.
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Posted on 20/08/2019

Indian PM Modi may visit Abu Dhabi temple

Indian Prime Minister Narendra Modi may attend the Hindu temple in Abu Dhabi to mark the Janmashtami festival … heading off to Bahrain for a similar length stay. A report in Gulf News suggested Modi …
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Posted on 20/08/2019

Dubai suspends legal claims against state-owned developer

Dubai has stayed all legal claims against Meydan, a government-owned developer facing a wave of litigation, in a response to growing financial distress in the Middle East’s commercial capital. In June …
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Posted on 20/08/2019

Pakistani cricketer Hassan Ali’s wedding with Dubai-based Indian girl Samiya

Hassan first met Samiya through a close friend in Dubai, Geo News reported quoting family sources. “She knows nothing about cricket and does not like it,” Ali had told a television channel …
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Posted on 20/08/2019

China’s appetite for Dubai properties is increasing

Looking at an overview of the global real estate market in the past eight years, the strong purchasing power of mainland Chinese investors has led to healthy investment flow into countries, such as …
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Posted on 20/08/2019

Dubai: Prominent business leaders appointed to mentor GBF Programme

Eight prominent business leaders have been selected to mentor high-potential startups from the UAE and Africa participating in Dubai Chamber of Commerce and Industry’s Global Business Forum (GBF) …
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Posted on 20/08/2019

Hijri New Year holiday announced in UAE

The UAE on Monday announced a holiday for Muharram 1, Hijri 1441, the beginning of the Islamic New Year. According to a statement issued by Federal Authority For Government Human Resources on social …
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Posted on 20/08/2019

Sharjah Police rescue boy trapped inside hot car

Picture for illustrative purposes. Image Credit: Gulf News archives Sharjah: A little boy was rescued after getting trapped inside his parents car in Al Nahda on Sunday night, according to a …
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Posted on 20/08/2019

Saudi Aramco asks banks to pitch for roles in IPO -sources

DUBAI — Saudi Aramco has formally asked major banks to submit proposals for potential roles in its planned initial public offering, two sources said, in what could be the world’s biggest IPO.
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Posted on 20/08/2019

Corporates and SMEs – the banking landscape going forward

The BFSI focus group hosts a presentation by Etihad Credit Insurance in May this year in Dubai Image Credit: Supplied he Banking, Financial Services & Insurance (BFSI) focus group was established …
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