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Posted on 14/01/2017

Dubai saves Dh5 millon from emission cuts

Dubai recorded nearly half a million tonnes of carbon dioxide emissions in 2016, Dubai Carbon said on Tuesday. Ivano Iannelli, CEO of Dubai Carbon, the low-carbon economy enabler, said the reductions come from clean development mechanism (CDM) projects in …
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Posted on 14/01/2017

Turkish envoy hopes UAE’s travel warning will be lifted soon

“I’m encouraged that UAE business circles are not affected by this warning,” Mr Dizdar said. “Any relation should be based on mutual trust. We are trying to fix Syria because as long as you have this conflict zone next to you, the threats will continue …
( read original story …)


Posted on 14/01/2017

Dubai residents prefer to spend on holiday than save

In hindsight, Dubai residents would rather have spent their festive funds on a family holiday this year, according to a poll conducted by DIFC Wills & Probate Registry (WPR). The results suggested that long-term necessities come second to immediate …
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Posted on 13/01/2017

UAE confirms five officials killed in Afghan attack

UAE President Sheikh Khalifa bin Zayed has ordered that flags … when a suicide bomber and a car bomb detonated near the Afghan parliament complex. Tolo News said 36 parliament workers were among the dead. In Helmand province a Taliban suicide bomber …
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Posted on 13/01/2017

UAE to rethink on ties with Pakistan post killing of five diplomats

Dubai [United Arab Emirates], Jan. 13 : The United Arab Emirates (UAE) is reported to be seriously having a rethink on its relations with Pakistan post the killing of five of its diplomats and six senior Afghanistan Government officials in a brutal terror …
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Posted on 13/01/2017

UAE gave Dh2.5b to Afghanistan as humanitarian assistance, development fund

The UAE tops the list of countries that are supporting Afghanistan in its efforts to overcome the crises and disasters either from natural catastrophes or wars. The total assistance provided by the UAE to the Afghan people since the 1970s accounts for more …
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Posted on 13/01/2017

Welcome to the competition that could take you to La Liga

du UAE FA Academy League is almost underway and the participating teams are known. du UAE FA Academy League has unveiled the teams participating in the first season for the U17 category. This tournament is the first in its kind in UAE because it organized …
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Posted on 13/01/2017

Kim Kardashian travels to Dubai for first public appearance since Paris robbery

Kim Kardashian’s return to the spotlight is in full effect. The reality star is jetting to Dubai for her first public appearance since she was robbed at gunpoint in Paris last October. Kardashian, 36, is making the trip to help lead a makeup tutorial …
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Posted on 13/01/2017

Abu Dhabi rent changes are the perfect reason to make your move

The number of searches for Abu Dhabi rental property on Propertyfinder.ae has increased by more than two-thirds over the past 12 months, the portal revealed, but given the high cost of moving, is it really be worth all the effort involved? Few would …
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Posted on 13/01/2017

VIDEO: Damac confirms Trump’s rejection of $2bn Dubai property deal

US President elect Donald Trump turned down a $2 billion property deal in Dubai a few days ago. Had it not been rejected, developer Damac Properties would have added another feather to its portfolio of properties known for their association with the …
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Posted on 13/01/2017

SGI Dubai has all the latest hot technology on offer

Dubai – SGI Dubai show, the biggest and most comprehensive exhibition catering not only to the signage and textile printing markets in the region and beyond, will have a host of technology solutions to offer catering to all kinds of printing for indoor and …
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Posted on 13/01/2017

UAE says US$50 oil ‘isn’t going to cut it’ for producers

ABU DHABI: Crude oil at US$50 a barrel is too low for most producing countries, according to United Arab Emirates Energy Minister Suhail Al Mazrouei. Prices have climbed almost 20% to above US$50 a barrel since the Nov 30 agreement by the Organisation of …
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Posted on 13/01/2017

United Arab Emirates' leader back from 'private' trip abroad

… Emirates – The leader of the United Arab Emirates, who has rarely been seen in public since suffering a stroke nearly three years ago, has returned to the country after a “private visit” abroad. The state-run WAM news agency says Sheikh Khalifa bin …
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Posted on 12/01/2017

Abu Dhabi's UNB says IPO for its Islamic insurer JV heavily oversubscribed

DUBAI Jan 12 Abu Dhabi’s Union National Bank (UNB) said on Thursday an initial public offer for its new Islamic insurer joint venture Orient UNB Takaful, was more than 13 times oversubscribed. The IPO is set to be the first in the United Arab Emirates …
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Posted on 12/01/2017

Orient UNB Takaful IPO more than 13times oversubscribed

The Orient UNB Takaful IPO size was 600,000 Ordinary Shares representing 30 per cent of the equity of the new Company (AED 60 Million) with a share price of AED 100 plus AED 1 as issuing expenses. Union National Bank is currently working with Dubai …
( read original story …)


Posted on 12/01/2017

Orient UNB Takaful IPO more than 13 times oversubscribed

The Orient UNB Takaful IPO size was 600,000 Ordinary Shares representing 30 per cent of the equity of the new Company (AED 60 Million) with a share price of AED 100 plus AED 1 as issuing expenses. Union National Bank is currently working with Dubai …
( read original story …)


Posted on 12/01/2017

At Abu Dhabi oil event, hopes that cuts will raise prices

ABU DHABI, United Arab Emirates – Participants at an oil conference in crude-rich Abu Dhabi say they hope production cuts will drive prices even higher. Emirati Energy Minister Suhail al-Mazroui says there’s “a fair movement” toward higher prices.
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