Nonetheless, we witnessed more than average footfall during the first few hours as compared to the regular weekend morning crowd,” Ajay Antal, CEO of Home Box, told Gulf News. By Thursday evening, traffic snarls were reported near major malls in Dubai as …
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dynaCERT Official Launch of HydraGEN™ Technology in Middle East
These officials have recognized dynaCERT as a partner offering our HydraGEN™ Technology providing a unique, market-ready innovation in assisting them achieve their extraordinary global leadership goals. Dubai Carbon was established on 18th January 2011 …
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UAE extends military reach in Yemen and Somalia
ABU DHABI (Reuters) – Military transport planes from the United Arab Emirates landed on the sleepy Yemeni island of Socotra last week, unloading tanks and troops as part of the Gulf Arab state’s drive to extend its influence over a strategic waterway …
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UAE-based cricket coach suspended over spot fixing offer
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UAE man wins court appeal after claiming rape victim was his ‘wife’
A police officer in the UAE was convicted on charges of rape, but justified the vile incident by saying the woman is his wife. In a recent court hearing, the 28-year-old man’s prison sentence was suspended. “My client took his family with him and proposed …
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Middle East and Africa gets its first look at new generation evolution wireless solutions at Sennheiser training events in UAE and Kenya
UAE. The region got its first look at the much-anticipated evolution wireless G4 series of wireless mic and in-ear monitoring systems at events recently conducted by Sennheiser in the United Arab Emirates and Kenya. The seminar in Dubai centred around the …
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After delays in Dubai, Uber re-opens contest to bring flying taxi service to a third international city
Uber Technologies Inc on Wednesday re-opened a contest to select the first international city to launch its proposed flying taxi project, following apparent delays in getting the service off the ground in Dubai, a previously proposed market. UberAIR …
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Uber opens up international contest for a third flying taxi city after Dubai delay
Uber Technologies reopened a contest on Wednesday to select the first international city to launch its proposed flying taxi project, following apparent delays in getting the service off the ground in Dubai, a previously proposed market. UberAIR …
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Dubai’s Realm Investment forays into Indian market; to invest $300 million in real estate, technology
A Dubai-based investment firm on Tuesday announced its entry into the Indian market with an initial commitment to invest $300 million in the real estate and technology sectors over the next five years. Relam Investment LLC will make India its investment …
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DGCX deploys new technology from Cinnober
The Dubai Gold & Commodities Exchange (DGCX), and its 100 per … “With this upgrade we’re benefiting from cutting-edge exchange and clearing technology and preparing for further growth.” “The launch was smooth, operations have been enhanced …
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Estonia seeks closer ties with Dubai with new office
The Dubai Chamber of Commerce and Industry has announced plans … Separately, Urve Palo, Minister of Entrepreneurship and Information Technology of Estonia, said an embassy would soon be opened in Abu Dhabi.
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NYU labor compliance in Abu Dhabi comes into question
NEW YORK (AP) — A report issued Thursday by a group of New York University students and faculty members is taking the university to task for labor practices connected to its campus in Abu Dhabi, saying that workers employed there still face risk of …
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Abu Dhabi hedges against oil price risk
DUBAI: Behind the 65-story glass tower that houses the shiny new headquarters of Abu Dhabi National Oil Co (Adnoc) sits a remnant of the Middle Eastern emirate’s not-so distant past: the squat, sand-coloured building that the government-owned energy …
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Dubai’s stock market sees 52% slump in Q1 net profit
Dubai Financial Market Company on Tuesday announced a net profit of AED48.9 million ($13.3 million) in the first quarter of 2018, a 52 percent decrease compared to the year-earlier period. The company’s total revenue also fell by 34 percent to AED99.1 …
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Bollywood superstar opens new $27m Dubai steel pipe mill
Conares, the second largest private steel manufacturer in the UAE, has inaugurated its pipe mill in Jebel Ali Free Zone. The new state-of-art facility, installed with an investment of AED100 million ($27 million), now makes Conares a manufacturer of 1 …
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Dubai, Abu Dhabi Non-Oil GDP to Grow on State Spending, IMF Says
Dubai’s economy expanded 2.8% in 2017 Abu Dhabi’s non-oil GDP grew 1.8% in 2017 Abu Dhabi’s non-oil GDP is set to advance 3.3% in 2019 vs 2.5% this year
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U.S., UAE crack down on network for smuggling funds to elite Iran group
The Treasury Department, acting with the United Arab Emirates where front companies were located, said it had disrupted the large network’s operations, and accused Iran’s central bank of helping the group access U.S. dollars held in foreign banks to …
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