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Posted on 22/03/2018

Mother of the Nation Festival opens in Abu Dhabi

Abu Dhabi: The third annual Mother of the Nation Festival officially opened in Abu Dhabi on Thursday, with the festival highlighting the empowering role of Emirati women in society and their work in the development of the UAE. Organised by the Department o …
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Posted on 22/03/2018

Pakistani student in Dubai wins $77,000 scholarship

Dubai: Following a spell of uncertainty, a Dubai schoolgirl has got a chance to pursue university studies after her parents had to move back to Pakistan for her father’s cancer treatment. Suman Ansari, 19, a final-year student at Deira International …
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Posted on 22/03/2018

Virgin Mobile set to close UAE auction on coveted phone numbers

Virgin Mobile has started an online scramble in the UAE for the best mobile numbers and plans in its new 0585 range. The company announced an online auction of some of the most coveted numbers to become available in the UAE for years. Virgin Mobile said …
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Posted on 22/03/2018

77% of UAE firms forecast rise in trade volumes in next year

Sunil Veetil, regional head of Global Trade and Receivables Finance for HSBC MENAT said: “Although oil prices have impacted the GCC’s economies over the last year, the UAE’s push for diversification is bearing fruit. “As we get closer to Expo 2020 …
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Posted on 22/03/2018

Banking wallets see a tough time ahead

Dubai: Among the mobile wallets … I think while most banks are coming out with their own wallets, it is going to a tough journey for the banking wallets or bank-specific wallets to differentiate in the market and that is the reason why Apple Pay or …
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Posted on 22/03/2018

How the UAE secures its future water needs

In late February, Minister of State for Food Security, Mariam Al Muhairi, said that water security is the biggest challenge in the UAE and added that it can only be met through innovative solutions and technologies that are both adaptive and innovative.
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Posted on 22/03/2018

Sharjah real estate deals rise 20% to $8.1bn in 2017

The emirate’s real estate regulator expressed satisfaction with the performance of the sector, which it said is growing steadily year after year, state news agency WAM reported on Thursday. UAE citizens dominated deals in Sharjah’s property sector with …
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Posted on 22/03/2018

Dubai Holding appoints new CFO in management reshuffle

“Dubai Holding is in a significant phase of its corporate evolution as it addresses legacy liabilities and reshapes its business model to drive further growth,” he said. “Dubai Holding will continue to operate as a stand-alone entity and there are no …
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Posted on 22/03/2018

UAE banks must justify interbank rates under new system: sources

ABU DHABI/DUBAI (Reuters) – United Arab Emirates banks will be required to provide written justifications for their quotes when they take part in a panel setting Emirates Interbank Offered Rates (EIBOR), banking sources said on Thursday. EIBOR rates …
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Posted on 22/03/2018

Dubai’s billionaire teen

His followers number in the millions and he’s launched his own shoe company. BBC Minute got exclusive access to this extraordinary lifestyle in Dubai.
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Posted on 22/03/2018

Four UAE universities in top 15 in Arab World University Rankings

Four universities in the UAE have been named among the top 31 institutions of higher learning in the Arab region, according to the Times Higher Education’s Arab World University Rankings 2018. Khalifa University of Science and Technology was ranked …
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Posted on 22/03/2018

InfoFort’s CBK Soft and Ark Technology collaborate to advance e-signature technology

UAE. CBK Soft, an InfoFort company that specializes in content management and digital transformation, today announced its cooperation with Ark Technology to boost e-signature usage and its adoption in the region. ArkSigner, an e-signature solution …
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Posted on 22/03/2018

India, UAE share interests in combating terror: UAE minister

It is only (because of) the strategic direction that an oil concession is being granted to an Indian company in UAE. “…And (also) in many many other areas, whether we move in space, nuclear energy, defence technology, cyber technology (the element of …
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Posted on 22/03/2018

Mishal Kanoo Joins Top UAE Delegation for UAE-Japan Business Forum

These sessions aim to discuss ways to enhance mutual cooperation between the business sectors. During the presentations of UAE companies, Mr. Mishal Kanoo delivered his keynote speech titled, “Learning from the Japanese Experience.” In his message …
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Posted on 22/03/2018

Dubai completes $2.45bn financing for metro extension project

Dubai on Wednesday announced the successful completion of the … Banco Santander, First Abu Dhabi Bank, HSBC Middle East, Intesa Sanpaolo and Standard Chartered Bank acted as mandated lead arrangers and the facility providers for the financing.
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Posted on 22/03/2018

Capital gains: Walk the streets of Abu Dhabi

And the ‘Land of Gazelle’, or Abu Dhabi, was born. Kitted out with manicured lawns and high-rises, the desert city has revamped the word oasis. As part of our ongoing series, Gulf News tabloid! looks at the various ways to discover the city.
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Posted on 22/03/2018

ADIC to join Mubadala group as wealthy Abu Dhabi consolidates funds

It was not immediately clear whether the ADIC news presaged more mergers or tie-ups for Abu Dhabi funds. The emirate’s biggest sovereign fund, Abu Dhabi Investment Authority, has an estimated $828 billion of assets and is the third biggest in the world.
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