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Posted on 05/01/2018

Dubai takes a step back in to the Internet dark ages with Skype ban.

Both Etisalat and Du telecom, the two providers of telecoms communication within the UAE have blocked the use of Skype and other VoIP software. Users report that pretty much all VoIP technology has been blocked, including Discord, TeamSpeak, Facebook …
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Posted on 05/01/2018

Saudi Aramco IPO a step closer as decree creates new corporate structure

DUBAI: Saudi Arabia has taken a crucial step in its plans to … “As a customary step in the preparation process for a Saudi initial public offering (IPO), Aramco has been registered and converted from a royal decree company to a joint stock company.
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Posted on 05/01/2018

Mashreq Neo: UAE’s new bank offers fresh experience for digital natives

Mashreq Neo is the new full-service digital-only bank for customers in the UAE. This newest bank is the child of the UAE’s oldest: Mashreq Bank, which has 50 years of experience providing award-winning financial services in the country. Mashreq’s Head …
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Posted on 05/01/2018

Abu Dhabi Ports looks to the East for growth

Abu Dhabi Ports and COSCO Shipping Ports Limited (CSP … “There are two types of port, transhipment ports and gateway ports,” he said during a news conference. “COSCO will use Port Khalifa as a transhipment hub, and possibly as a gateway port …
( read original story …)


Posted on 05/01/2018

Mashreq Bank: Digitisation mustn’t leave face-to-face customers behind

Mashreq Bank celebrated its 50th anniversary in 2017. It’s the UAE’s oldest bank, and has been innovating throughout its history, achieving a number of notable firsts in expanding financial services in the country. Head of Retail Banking Subroto Som …
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Posted on 05/01/2018

How Gulf News readers helped a safety supervisor

He now wishes to come back to the UAE to work. He said he and his entire family are thankful to the Indian Consulate, Gulf News and its kindhearted readers who supported him, as well as to his fellow professionals and Firoz Merchant. “They have saved two …
( read original story …)


Posted on 05/01/2018

Pakistani engineer behind the drain and sewer networks in Dubai retires

Dubai: He is known as a Dubai engineer who built the future for a Pakistani village. Saeed Hayat, 69, who has many feathers in his cap as a Dubai Municipality engineer and as a philanthropist back home in Pakistan, is leaving the UAE for good after 42 …
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Posted on 05/01/2018

UAE, Tunisia continue flights, end row over women

In a UAE Foreign Ministry statement that was shared by WAM news agency, it was announced that “the competent authorities in the UAE have decided that the standard processes will be reinstated to their normal state before the unforeseen circumstances.”
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Posted on 05/01/2018

Dubai real estate financier completes first project

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 05/01/2018

AI has a minister in the UAE, but does it have a future in it?

According to Futurism, a tech platform, the UAE’s AI strategy covers development and application in nine sectors: Transport, health, space, renewable energy, water, technology, education, environment, and traffic. Digital learning, a magazine for ICT …
( read original story …)


Posted on 05/01/2018

UAE Consulate warns Emiratis of US ‘weather bomb’

Dubai: The UAE Consulate in Boston has issued a warning to residents living or travelling to the US, urging them to follow safety precautions as freezing sub-temperatures are set to hit the East Coast. In the event of an emergency, citizens can contact …
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Posted on 05/01/2018

Saudi builder says unit IPO set to conclude by end-2018

The Saudi Arabian developer’s plan to offer shares comes on the heels of the United Arab Emirates’ biggest IPO last year, when Dubai-based Emaar Properties raised about $1.3 billion from the sale of a stake in its UAE real-estate unit. Dar Al Arkan …
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Posted on 05/01/2018

UAE students challenged to sow seeds of new technology

A government programme partnered with Chinese technology company Huawei is offering hand-picked UAE students the chance to play an important role in developing future innovations. Students across the country can enter the Seeds for the Future competition …
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Posted on 04/01/2018

UAE’s auto dealers find ways to ease the VAT burden

DUBAI: Ease the VAT (value-added tax … So the challenge for dealerships, especially those in the volume business, is to remove the VAT concern. Which is why Al-Futtaim Motors in its first 2018 campaign states emphatically that “our prices are locked …
( read original story …)


Posted on 04/01/2018

UAE jewellers absorb VAT on diamond jewellery

Dubai: Putting off your diamond jewellery purchase because of value-added tax (VAT)? Don’t, as more of UAE’s jewellers are willing to absorb the VAT component on diamonds. Jewellery retailers are doing everything in their power to ensure that the …
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Posted on 04/01/2018

UAE, Saudi Arabia’s non-oil economies end 2017 on a high note

The non-oil private sectors of Saudi Arabia and the UAE, the Arab world’s largest economies, ended 2017 on a high note with business conditions improving at the sharpest pace in 34 months in the UAE, according to the latest Purchasing Managers’ Index …
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Posted on 04/01/2018

Dubai Airport saw 5.6% growth in passenger traffic in Nov

Dubai International (DXB) attracted close to seven million passengers in November 2017 compared to 6.6 million a year ago, registering an increase of 5.6 per cent. According to the monthly traffic report issued by operator Dubai Airports, passenger numbers …
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