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Posted on 14/03/2017

2 cleared of killing woman, dumping body in front of Dubai courts building

Dubai: Two men have been acquitted of killing a Georgian woman and leaving her body in front of Dubai courts’ building in April 2016. Citing lack of corroborated evidence, the Dubai Court of First Instance cleared the two Emirati men of the accusation of …
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Posted on 14/03/2017

Couple arrested in the United Arab Emirates for 'having sex outside marriage'

Sex outside of marriage is illegal in the UAE – although a blind eye is often turned to western co-habiting couples Getty A couple have been detained in the United Arab Emirates for having sex outside of marriage, according to a relative. The South African …
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Posted on 14/03/2017

Aldar Properties : TAQA, Aldar drag ADX down at Monday’s open

Abu Dhabi – Mubasher: The Abu Dhabi Securities Exchange (ADX) opened Monday’s trading session in the red, pressured by the fall of five stocks led by TAQA and Aldar Properties. The general index fell 0.06% or 2.79 points to reach 4,433.64 points by 10:50am …
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Posted on 14/03/2017

Nasdaq Dubai, Bourse de Tunis partner to boost Islamic finance

Nasdaq Dubai and Bourse de Tunis have signed a Memorandum of Understanding (MoU) to explore collaboration possibilities, including initiatives regarding existing and future issuers and listings on the two exchanges, according a media statment, Ways to …
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Posted on 13/03/2017

Dubai firm to build world's first 3D printed skyscraper

Dubai-based construction technologies firm, Cazza, has announced plans to build the world’s first 3D printed skyscraper. The firm will be able to 3D print high rise towers using a new construction technique called ‘crane printing’, according to …
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Posted on 13/03/2017

The Top Five Challenges Of Doing Business In Dubai

You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. When you’ve lived and worked in Dubai for as long as I have, you would be forgiven for becoming almost desensitized to the rapid acceleration of the city.
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Posted on 13/03/2017

Saudi Aramco selects FTI as global media advisor for IPO: sources

KHOBAR, Saudi Arabia/DUBAI Saudi Aramco [IPO-ARMO.SE] has chosen U.S.-based FTI Consulting (FCN.N) as global media adviser for what is expected to be the world’s largest initial public share offer, industry sources said. In recent months the Saudi national …
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Posted on 13/03/2017

Dubai's DHA to use 3D technology to print teeth

Dubai Health Authority’s dental services department will begin using 3D technology to print teeth later this year. Dubai Health Authority’s dental services department will begin using 3D technology to print teeth later this year. Using this technology, a …
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Posted on 13/03/2017

Dubai Real Estate Assets Returns Topped 120% Over a Decade

Nearly 10 years have passed since the World Financial Crisis, which commenced with a collapse in the sub-prime mortgage market in the USA. It later developed into a full blown international banking crisis causing equities, commodities and real estate …
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Posted on 13/03/2017

UAE bank sector assets at Dh2.6 trillion, tops in GCC

The UAE’s banking sector topped the GCC region in terms of asset volume, with a total value of about $711 billion (Dh2.61 trillion) in 2016, according to statistics from the Central Bank of the UAE. The Saudi Arabia banking sector came second, with a total …
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Posted on 13/03/2017

National Bank of Fujairah signs Dubai Declaration on Sustainable Financing

National Bank of Fujairah announced today that it has recently signed the Dubai Declaration on Sustainable Financing at the United Nations Environment Programme (UNEP) Finance Initiative’s 14th Global Roundtable, a leading platform attracting over 400 …
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Posted on 13/03/2017

Simple ways to leave Dubai with a fat bank account

Don’t be that person who leaves Dubai bankrupt. Plan sensibly and save for the rainy day. How often have you heard about a friend who was in debt when he left Dubai? Expats come to Dubai to make money and add on to their savings, but sometimes get sucked …
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Posted on 13/03/2017

Bank ABC opens a branch in DIFC, Dubai

Bank ABC’s decision to open a branch in the DIFC comes as part of its plan to expand its international network, which already spans 18 countries in five continents. “We are pleased that the Dubai Financial Services Authority (DFSA) has granted Bank ABC …
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Posted on 13/03/2017

Expo 2020 Dubai teams up with DEWA to develop sustainability

DEWA will provide Expo 2020 Dubai with electricity and water from October 2020 to April 2021, excluding the electricity that will be generated at Expo’s site; Expo 2020 Dubai aims to have 50 per cent of its power needs supplied from a variety of …
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Posted on 13/03/2017

Dubai Stocks: First Gulf Bank (FGB:AD) Consolidating

Overall, the bias in prices is: Downwards. Short term: Prices are moving. Intermediate term: Prices are ranging. Note: this chart shows extraordinary price action to the downside. The projected upper bound is: 13.13. The projected lower bound is: 11.86.
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Posted on 13/03/2017

Transparent SME-bank relationship key to healthy entrepreneurship environment

Opening the discussion, Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF), said transparent SME-bank relationship is key to nurturing healthy entrepreneurship environment in the UAE. “It is clear that there is a need for the financial sector to …
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Posted on 13/03/2017

Banque Internationale à Luxembourg strengthens its operations in Dubai

is accelerating its growth in the Middle East by recruiting a number of experienced professionals for its Dubai branch. The bank will further develop its business and improve the servicing of clients in the Gulf Cooperation Council (GCC) region.
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