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Posted on 10/12/2017

Dubai utility awards floating solar contract

Etihad Esco is set to develop and install floating solar PV systems after being awarded a contract by Dubai Electricity Water Authority (DEWA). Ali Al Jassim, CEO of Etihad Esco, said: “The installation of solar PV systems at DEWA water reservoirs comes …
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Posted on 10/12/2017

ADNOC Distribution IPO values retail business at $8.5bn

In a note to investors on its website, ADNOC noted that the IPO “creates a new platform and route for further value creation.” “This important and strategic offering represents a unique opportunity for investors to own a stake in the UAE’s number …
( read original story …)


Posted on 10/12/2017

Bank accounts must for Pakistani expats to remit money

Dubai: The Pakistan government will soon make it mandatory for all expatriates from the country to open bank accounts back home to be able to send remittances, an official has said. The move will curb illegal transfers and money laundering. “The Pakistan …
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Posted on 10/12/2017

Dubai plate AA10 goes for Dh3.12m

speaking to Gulf News, during the auction at Westin Hotel. RTA generated revenue of Dh12.3 million through the auction of 10 special plates, with three plates breaking the million barrier. A Dubai based businessman Majid Mustafa grabbed the plate number …
( read original story …)


Posted on 10/12/2017

Dubai’s Souq.com says no expansion planned for now due to “untapped” potential

Dubai-based online shopping site Souq.com is not looking to … Souq.com rapidly expand into new Middle East and North Africa markets. However, speaking to Gulf Business, Ronaldo Mouchawar indicated a more conservative approach was instead being adopted.
( read original story …)


Posted on 09/12/2017

The Best Hotels in Abu Dhabi for Paying With Points and Miles

Opinions expressed here are author’s alone.” Headed to sparkling Abu Dhabi? Here are some great properties to redeem your points and miles for an unforgettable vacation. For a list of great hotel rewards cards with enough points to get your journey …
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Posted on 09/12/2017

UAE disappointed with EU tax list

Dubai: The UAE government has expressed its surprise and disappointment that it has been included by the European Union in a list of non-compliant tax jurisdictions. On Tuesday, the EU announced that the UAE, along with 16 other countries, had been …
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Posted on 09/12/2017

Emaar, Dubai Properties in talks for $1.1bn loan

Emaar Properties, a leading Dubai-based developer, is in discussions with banks to obtain a loan facilities in partnership with another major developer Dubai Properties, reported Reuters, citing sources. Discussions are taking place on a bilateral basis …
( read original story …)


Posted on 08/12/2017

Abu Dhabi authorities revealed as buyers of $450m ‘Leonardo painting’

Media captionThe painting has been cleaned and restored from the image on the left to the one on the right Abu Dhabi’s Department of Culture and Tourism has confirmed that it bought the $450m Salvator Mundi painting for the state’s new Louvre gallery.
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Posted on 08/12/2017

Adnoc Distribution prices the largest Abu Dhabi IPO in 10 years

Dubai: State-owned energy giant Abu Dhabi National Oil Co (Adnoc … Adnoc is listing 10 per cent of its fuel distribution business, pricing its initial public offering (IPO) at Dh2.50 at the mid-range price, according the company. According to the …
( read original story …)


Posted on 08/12/2017

Emaar & Dubai Properties in talks with banks for loan financing: Sources

DUBAI: Dubai’s Emaar Properties, builder of the world’s tallest tower, is in discussions with banks to obtain loan facilities in partnership with Dubai Properties, another major developer, sources familiar with the matter said. Discussions are taking place …
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Posted on 08/12/2017

UAE to open three new visa offices in India

The initiatives reflect the growing bilateral relations with high-level engagements including a reported upcoming visit of Indian Prime Minister Narendra Modi to the UAE. As Gulf News exclusively reported on October 2, Modi is likely to visit the UAE early …
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Posted on 08/12/2017

Dubai Airshow 2017 and Travelogue on Jaguar XF

Dubai is one of the hottest destinations for tourists and investors alike. Indians, especially, visit Dubai in large numbers, seeking both jobs and tourism. Our reasons were, however – attending the 2017 Dubai Airshow, one of the largest gathering of …
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Posted on 08/12/2017

Dubai home values hurtle further down

Residential prices in Dubai have slumped to their lowest level in four years, Cluttons reported in its Winter Property Market Outlook issued Wednesday. Home values in the emirate dropped 1.9 percent on average between Q2 2017 and Q3 2017 and 5.6 percent in …
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Posted on 08/12/2017

Dubai Police rescue cat from drowning in sea

Lieutenant-Colonel Ali Abdullah Al Naqbi, director of the Sea Rescue Department in Dubai Police, told Gulf News that a policeman was walking near the Hyatt Regency hotel near Palm Deira when he heard a cat’s cries in the water. A closer look revealed a …
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Posted on 07/12/2017

Bayut – UAE Property Search V2.0.12 Apk Download [Free]

Good for searching but has good scope for improvement Here we provide Bayut – UAE Property Search V 2.0.12 for Android 4.0++ The Bayut App connects you with a vast database of active properties in the UAE, allowing you to find apartments, villas, offices …
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Posted on 07/12/2017

Bulgari opens opens ‘super-premium’ property on Dubai’s Jumeirah Bay island

Dubai: The lights have gone on at the seahorse-shaped Jumeirah Bay, Dubai’s next big destination for luxury living. The first component of that experience — a Bulgari hotel and right on the waterfront — opened its doors wide on Wednesday (December 6 …
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