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Posted on 12/02/2018

Touting ‘transformation’, French PM seeks investment in Dubai

DUBAI: France’s Prime Minister Edouard Philippe promised lower taxes and a business-friendly France at a global summit in Dubai on Sunday, seeking investment from the oil-rich Gulf region. “France is undergoing great transformation,” Philippe said …
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Posted on 12/02/2018

Dubai PMI picks up in January, boosted by construction activity

The Emirates NBD Dubai Economy Tracker rose to 56 in January from 54.7 in … It also found that the volume of new business rose for the twenty-third straight month in January. On the selling price front, prices rose at the fastest pace in three years …
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Posted on 12/02/2018

Commodity experts tackle latest industry trends at the 5th Global Commodity Outlook Conference in Dubai

In his opening remarks, Omar Khan, Director of International Offices, Dubai Chamber of Commerce & Industry, said: “Our goal is to support the development of business and promote Dubai as an international business hub. Since 2012, we have been focused …
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Posted on 12/02/2018

Use tech as a means to development, not destruction: PM in Dubai

We must use technology as a means to development, not destruction,” he told the gathering that included Sheikh Mohammed bin Rashid Al Maktoum, the Vice President and Prime Minister of United Arab Emirates and the ruler of Dubai. He expressed concern over …
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Posted on 11/02/2018

GLOBALES: Dubai Investments Plans IPO of Emicool Unit in Fourth Quarter

Bloomberg / Dubai Investments PJSC plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a 3-billion-dirham ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin …
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Posted on 11/02/2018

Abu Dhabi temple construction to begin during Modi’s visit

The groundbreaking ceremony is set to start at around 10am on Sunday, a top Indian diplomat told Gulf News. The construction of the temple commences during the visit of the Indian Prime Minister Narendra Modi to the UAE. The Abu Dhabi government has …
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Posted on 11/02/2018

India’s Modi in UAE to Boost Ties With Gulf Arab States

India’s cultural and economic influence on the UAE is so great that Dubai’s daily English newspaper, Gulf News, created a video on its website titled: “How Indian is the UAE?” The video explains that, for example, the UAE used Indian rupees before the …
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Posted on 11/02/2018

UAE welcomes India’s Modi ahead of World Government Summit

The UAE and India are expected to sign various agreements and a memoranda of understanding, reported Gulf News. In an interview with the Indian Ambassador to the UAE, Navdeep Singh Suri, he said that there will be new areas of cooperation and engagements …
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Posted on 11/02/2018

PM: India’s ties with UAE much more than that of buyer-seller

Prime Minister Narendra Modi today said India’s relations with the UAE was much more than that of a buyer and a seller as he hailed the country’s growing ties with the Gulf countries as “deep, broad and vibrant.” Addressing the members of the …
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Posted on 11/02/2018

United Arab Emirates shares lower at close of trade; DFM General down 0.15%

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Consumer Staples, Real Estate & Construction and Insurance sectors propelled shares lower. At the close in Dubai, the DFM General lost 0.15% to hit a new 6 …
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Posted on 11/02/2018

Dubai opens world’s tallest hotel, again: Gleaming gold 75-storey Gevora Hotel stands a quarter of a MILE tall

The gleaming gold 75-storey Gevora Hotel towers above the Dubai skyline, standing at 1,168 feet (356m), or nearly a quarter of a mile, tall. The new record-holder is within sight of its predecessor, Dubai’s JW Mariott Marquis, whose record it has …
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Posted on 11/02/2018

Technology should be harnessed as a tool for development, not destruction: PM Modi in UAE

Prime Minister Narendra Modi on Sunday voiced his concerns against the usage of cyberspace as a source to spread hatred and bigotry by terrorists and hackers and asserted that “technology should be harnessed as a tool for development, not destruction”.
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Posted on 11/02/2018

Dubai opens world’s tallest hotel, again

Dubai (AFP) – Gulf metropolis Dubai, on its never-ending quest to break records, announced the opening of the “world’s new tallest hotel” Sunday, pipping another towering landmark in the city for the title. The gleaming gold 75-storey Gevora Hotel stands …
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Posted on 11/02/2018

Dubai Land Department appoints Century 21 to promote real estate in US

Dubai Land Department (DLD) has signed a partnership agreement with Aqari Global Ltd ‘Century 21’ United Arab Emirates to promote real estate in the US. His Excellency Sultan Butti bin Mejren, Director General of DLD, commented on the partnership …
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Posted on 11/02/2018

Live Coverage: World Government Summit 2018 in Dubai

Lt-Gen Shaikh Saif Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, launches ‘Zayed the Inspirer’ global platform at the World Government Summit 2018 in Dubai on Sunday. The platform was launched under the directives of His Highness …
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Posted on 11/02/2018

Dubai Investments plans IPO of Emicool unit in Q4

Dubai Investments plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a AED 3 billion ($817 million) real estate investment trust as it seeks to boost profit. Chief Executive Officer Khalid Bin Kalban told Bloomberg …
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Posted on 11/02/2018

Dubai Investments Plans IPO of Emicool Unit in Fourth Quarter

‘Why We Were Expecting A Rate Hike’ Budget 2018’s Building Blocks For A New Rural Governance System Oil Hunger to Grow in Nation Aiming For Only Electric Car Sales Stock Bulls Better Be Careful What They Wish For 5 Rules to Help Avoid Investing …
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