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Posted on 25/04/2018

Oldest English language Library in Dubai is relocating

The oldest English language Library in Dubai is closing down its current location … Wajeeha Faiz, chairperson of The Old Library, told Gulf News: “We’re looking for a new space right now, considering our options and figuring out the best location …
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Posted on 25/04/2018

Saudi Arabia issues new Islamic sukuk to finance budget

The finance ministry’s debt management office said it raised $ … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 25/04/2018

80pc of UAE residents recommend their bank: study

The survey, conducted as part of the yallacompare Banking and Insurance Awards 2018, sought to ascertain the leading banks and financial products in the UAE by popular vote, and was taken by over 5,100 UAE residents. Awards were handed out recently at a …
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Posted on 25/04/2018

UAE’s Mubadala buys stake in New York investment firm

The investment was made through Mubadala Capital, Mubadala’s financial investment arm … newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 25/04/2018

UAE says investor trust unshaken by real estate scams

RELATED ARTICLES: Sharjah, Ajman remain most affordable property markets in UAE | Dubai records $15.7bn real estate deals in Q1 2018 | Lootah Real Estate reveals handover dates of five Dubai buildings Real estate scams have not had a negative effect on …
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Posted on 25/04/2018

Desert Palm Dubai property reflagged under Melia Hotels

Meliá Hotels International has signed an agreement to operate the Desert Palm Dubai Hotel under its Meliá brand, reflagging the property which was under the Per Aquum brand by Minor Hotels. This agreement is the fourth with the hotel’s owner, through …
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Posted on 25/04/2018

Now you can use air miles to buy property in Dubai

MAG Lifestyle Development (MAG LD), the development arm of the MAG Group, has entered an agreement with Etihad Guest, the loyalty programme of Etihad Airways, to provide members with a 5 percent discount of selected properties. The discount applies to the …
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Posted on 25/04/2018

HyperScale technology could revolutionise data management

HyperScale technology can help businesses use and exploit rapidly growing … at the one-day thought leadership forum which took place in Dubai yesterday. The event brought together industry experts, analysts, Commvault customers and partners from across …
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Posted on 25/04/2018

Dubai Tourism Wins ATM Stand Award

Dubai Tourism claimed the Best Stand for Doing Business at this year’s Arabian Travel Market (ATM) Best Stand Awards. Recognised for creating a busy B2B atmosphere, Dubai Tourism boasted a well-planned and easily navigable layout with a good presentation …
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Posted on 25/04/2018

BR Shetty’s Finablr readies for possible London IPO

Travelex and others under UAE billionaire Bavaguthu Raghuram Shetty’s newly formed holding company Finablr are preparing for a London initial public offering (IPO). The company announced yesterday that the financial brands will come together under a new …
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Posted on 25/04/2018

UAE expats fuel India remittance growth

In 2018, remittances to the region will likely grow modestly by 2.5 per cent to $120 billion.” Promoth Manghat, CEO of UAE Exchange Group, told Gulf News on Tuesday that the year’s forecast seems accurate given rebounding remittance figures.
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Posted on 25/04/2018

40 UAE firms bag business excellence award

As many as 40 companies across the UAE have been awarded Dubai Quality Award (DQA), Dubai Human Development Award (DHDA) and Dubai Service Excellence Scheme (DSES) for their outstanding pursuit of excellence during 2017. Held under the patronage of His …
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Posted on 25/04/2018

ICBC leads US$1.5 billion loan for Dubai solar project

INDUSTRIAL and Commercial Bank of China (ICBC) has been mandated as lead arranger for a US$1.5 billion senior loan to help finance the fourth phase of the Mohamed bin Rashid Solar Park in Dubai. ICBC will be joined on the syndicate by Bank of China and …
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Posted on 25/04/2018

Blood money spares 5 Indians death penalty in UAE

Dubai: Five Indians, who were spared death penalty for murdering … who is known for rescuing many from death penalty by paying blood money to the victims’ families. Speaking to Gulf News from India, Oberoi said he took up the case of the youngsters …
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Posted on 24/04/2018

Dubai South in push to attract investors

The initiatives are in line with the plan announced by the Dubai government earlier this month to stimulate economic growth and reduce the cost of doing business in the emirate. Dubai South said in a statement its initiatives will be implemented immediately.
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Posted on 24/04/2018

Dubai South launches initiatives to spur private sector investment

The initiatives follows directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to stimulate economic growth and reduce the cost of doing business, state news agency WAM reported on Tuesday. Dubai South …
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Posted on 24/04/2018

Renovated grand house in Sharjah opens doors for visitors

Sharjah: The fortunes of the pearl trade and a way of life now lost have been encapsulated in Bait Al Naboudah (Home of Naboudah), the grand house of one of Sharjah’s most successful pearl merchants, which has reopened as a museum. After restoration …
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