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Month: August 2020

Posted on 22/08/2020

Goldman plans to raise about $2b for a new venture fund

Goldman Sachs Group Inc. is considering raising a venture and growth fund of around $2 billion, a move that would make it a bigger player in the competitive world of technology investing, according to …
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Posted on 22/08/2020

UAE banks turn cautious on personal lending as skips and defaults rise

Many bankers who spoke to the Gulf News said they are forced to tighten lending norms for individual borrowers including business customers. 7 point guide to applying for a credit card in the UAE How …
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Posted on 22/08/2020

Leading Japanese pharmaceutical firm Kyowa Kirin opens Dubai office

Dr Amin Hussain Al Amiri, Assistant Undersecretary, Public Health Policy and Licensing Sector, Ministry of Health and Prevention, inaugurated the office of the firm, a subsidiary of Kyowa Kirin Co.
( read original story …)


Posted on 22/08/2020

Abu Dhabi NMDC’s board agrees on selling stake in Arabtec

Abu Dhabi – The board of National Marine Dredging Company (NMDC) has approved to sell the company’s stake in Arabtec Holding, according to the company’s disclosure to the Abu Dhabi Securities Exchange …
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Posted on 22/08/2020

UAE finance firms’ Q2 profits soar to $240mln

UAE – The investment and finance firms listed on local capital markets in the UAE saw their profits jump to around AED885 million ($240.93 million) during Q2-2020 from as little as AED13 million only …
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Posted on 22/08/2020

Israeli, UAE law firms to collaborate on framework for business ties

BSA is a leading law firm in Dubai, UAE, and provides clients operating in the country … (including the use of Emeritus airlines for flights to East Asia), banking, finance and more. There is a lot …
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Posted on 22/08/2020

Despite the UAE-Israel deal, this son and daughter of Abraham still can’t live together in the West Bank

While some analysts will say that Israel and the UAE’s plan to normalize ties is a step toward regional peace, this American-Israeli writer married to a Palestinian says it may make it more difficult …
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Posted on 22/08/2020

Abu Dhabi Airports welcomes passengers travelling aboard Middle East airlines

The arriving travellers were greeted by AUH’s Wellness Ambassadors, in celebration of the arrival of the first MEA flight since March 2020 …
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Posted on 22/08/2020

8 Dubai Summer Surprises things to do this weekend in Dubai

Arab singing sensations Saif Nabeel and Mohammad Assaf will be taking to the stage at Dubai Opera for an evening of superb music on Thursda. Expect them to perform their biggest hits, fan favourites …
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Posted on 22/08/2020

The popularity behind renting a supercar in Dubai

Luxury Supercar Rentals Dubai is a business that specializes in renting out amazing super cars to not only prestigious businessmen, high-status celebrities, or the ultra-rich, but also to the …
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Posted on 22/08/2020

Possible U.S. F-35 Sale to UAE Tests Israel Deal, Iran Tensions, Concerns over Yemen

“We have legitimate requests that are there,” UAE State Minister for Foreign Affairs Anwar Gargash said Thursday. “We ought to get them.” …
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Posted on 22/08/2020

From Israel: Celebrating Peace With the UAE and Looking to the Future | Opinion

When I first heard last week that Israel and the United Arab Emirates reached a historic peace agreement, my first reaction was to immediately start looking up direct flights from Tel Aviv to Abu …
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Posted on 22/08/2020

The Israel-UAE Deal Won’t Bring Peace, But It Will Prolong the War in Libya

The much-touted agreement cements the regional divide between traditionalist monarchies and their rivals, while their respective proxies fight over the spoils from Libya to Yemen.
( read original story …)


Posted on 22/08/2020

COVID-19 lessons: Dubai businessman learns patience, resilience and compassion

Photo: Virendra Saklani/Gulf News Dubai: Patience, resilience, compassion and persistence — these are the lessons that Danube Chairman Rizwan Sajan has learnt during the COVID-19 crisis. The …
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Posted on 22/08/2020

BurJuman Residence launched

BurJuman has announced the launch of its residential complex, BurJuman Residence, in Dubai. The Project is designed by the New York/London based architectural practice Kohn Pedersen Fox.
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Posted on 21/08/2020

Fintech engagement to boost UAE banks’ competitiveness

“Looking ahead, we expect improvements in competitiveness of UAE banks on collaborative engagement with fintech startups, as the UAE emerges as a fintech hub, supported by young and savvy domestic …
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Posted on 21/08/2020

Football: English Premier League champions Liverpool launch UAE keepy-up competition

English Premier League champions Liverpool are hosting an in-store and online competition for fans of the club. The competition, that will go on until August 26, will consist of fans sharing a video …
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