With property prices starting to show signs of life in some communities in Abu Dhabi, what is top of mind for real estate executives in the capital? Executives from the UAE capital’s top real estate firms discussed the issue in a forum led by …
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Sheikh Saad backs Dubai-based cryptocurrency
If successful, it is hoped that jCash will provide smart contract technology to facilitate everyday transactions such as mortgage payments and property ownership transfers. “Dubai’s Crown Prince Sheikh Hamdan’s vision of having Dubai the blockchain …
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Sharjah students accused of triggering two fires in school
A number of students from a public Sharjah high school are facing arson charges for starting two fires on the school premises – suffocating students and school staff members. Both incidents happened last week within 48 hours, causing concerned authorities …
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Report: Dubai Tour and Abu Dhabi Tour to merge in 2019
The UCI will decide on the dates.” RCS, which organizes both the Dubai Tour and the Abu Dhabi Tour but does not own the races, offered no official comment on the news as of Wednesday afternoon.
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Abu Dhabi and Dubai Tours to merge in 2019
The website reported that a memorandum of understanding was signed by the Abu Dhabi and Dubai Sports Council on Wednesday, calling for a WorldTour race that will consist of seven stages and make a greater impact than two separate UCI races, the 2.HC Dubai …
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Dubai airport increases parking rates
“The changes to parking rates introduced at Dubai International in 2018 are the first in a decade,” the spokesperson told Gulf News. Rates have jumped generally for the first hour by Dh5 to Dh10 depending on the parking area at the airport, one of the …
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Dubai plans first AI-powered renewable energy digital utility
He added: “Our 10X response will focus on four pillars to deliver a new utility experience for Dubai and the world – solar, energy storage, autonomous services, and digital, all in an effort to make Dubai a global model for clean energy and green economy …
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MENA IPO activity to gain momentum in 2018
The MENA IPO value, or capital raised, amounted to $2.5bn in Q4 2017, over ten times the capital raised last year and the highest since 2014. The UAE led the MENA IPO market in value, having raised a cumulative of $2.2bn in capital, primarily contributed …
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Dubai launches project to predict future of human health
Dubai Health Authority (DHA) has announced plans for a Human Genome Project which seeks to upgrade skills among medical professionals and forecast the future of human health. It aims to perfect gene scanning to detect changes in the genes, chromosomes, and …
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With the luxury landscape changing, Emaar makes bold bet on Dubai Mall expansion
But with the pulling power of Dubai Mall, able to attract tourists and local residents alike, he said that Emaar shouldn’t have too much of a problem. Several analysts told Gulf News that Emaar had already signed up the majority of spaces on Fashion …
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Dubai Islamic Bank Shines Again With Twelve Distinctive Accolades at Islamic Finance News Awards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News (IFN) Awards 2017. The Bank was recognized as the “Best Overall Islamic Bank”, “Best Islamic Bank in the UAE”, “Most …
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Dubai Property Rebound Fails to Materialise
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the homeowner was ready to accept a 20 percent cut on the still vacant property. The broker, Akbar Ladak, wasn’t surprised. More landlords …
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Revealed: How ‘car modifications’ affect your insurance in the UAE
In fact, most insurers in the UAE only cover modifications that have been made through the authorised dealer or showroom, and not third party workshops. The car owner may be asked to produce receipts of the modification work done, at the time of applying …
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Noor Bank in UAE Gains Membership to FCI
Noor Bank, a leading Shari’a compliant bank in the UAE, is the first Islamic bank to have successfully obtained associate membership of FCI, a global representative of the factoring and receivables finance industry. This significant membership will …
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Developers optimistic about rebound in Dubai property market
Four months after rejecting a broker’s advice to slash his rent demands on a new Spanish-style villa in Dubai, the homeowner was ready to accept a 20 percent cut on the still vacant property. The broker, Akbar Ladak, wasn’t surprised. More landlords …
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Sheikh Saeed backs Dubai-based cryptocurrency
If successful, it is hoped that jCash will provide smart contract technology to facilitate everyday transactions such as mortgage payments and property ownership transfers. “Dubai’s Crown Prince Sheikh Hamdan’s vision of having Dubai the blockchain …
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Dubai’s DED, RERA to monitor real estate facilities
Additionally, the MoU will see the two parties coordinate to issue and impose fines 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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