UAE bank deposits up by Dh30b

Abu Dhabi: Total bank deposits in the UAE increased by Dh30.2 billion in September 2016 due to an Dh11.4 billion increase in resident deposits and an Dh18.8 billion increase in non-resident deposits, the Central Bank of the UAE said. Banks in the UAE have ... ( read original story ...)

Market analysis: UAE bank equities a sound investment

Mena equity investors have had a stormy year so far. We have seen decent swings in both directions, but despite the volatility, Mena equities are now where they started the year, although some countries and sectors have fared better than others. While ... ( read original story ...)

Know the UAE: Creating functional comfort from simplicity

The main forms of the UAE’s traditional architecture were developed as ways to cope with the exceptionally hot and arid climate, using the limited building materials which were locally available. The most common housing was the arish which were large hut ... ( read original story ...)

Dubai unveils Tolerance Sign

Dubai: The ‘Tolerance Sign’ announcing Dubai as the capital of the world for tolerance was launched on Thursday in an event that saw four doves being released into the sky at the base of Burj Khalifa. Weeks after His Highness Shaikh Mohammad Bin Rashid ... ( read original story ...)

Dubai Municipality launches updated version of pet app

Dubai: Dubai Municipality has launched an updated version of smart phone app Aleef, which handles the records of pets, pet owners, pet adoption, registration, treatment and pet care. Heba Al Shehhi, head of Applications Development Section in the IT ... ( read original story ...)

Dubai boy donates cash award to Clean India Project

He was accompanied by his father Sree Kumar and mother Rashmi, sister Shilpa and Ramesh Mannath, general secretary of Indian People’s Forum in Dubai, who facilitated the meeting. Speaking to Gulf News, Sree Kumar said Pranav decided to share a portion of ... ( read original story ...)

Dubai deports Briton for breaking charity rules

DUBAI: Dubai's appeal court has fined a British woman and ordered her deportation for violating the emirate's strict rules on charity fundraising, a local daily reported Thursday (Oct 27). The 41-year-old executive, whose identity was not disclosed, had ... ( read original story ...)

Dubai’s Emaar expects 20% costs reduction

The Dubai-listed developer Emaar Properties forecasts a 20% reduction in costs next year, according to press reports. That is the expectation of Mohamed Alabbar, Emaar’s Chairman, who was citing the developer’s latest budget, the Reuters news agency ... ( read original story ...)

Dubai Parks and Resorts holds private preview for workers

Dubai Parks and Resorts has given its construction workers a private preview of the destination they helped build. The Middle East’s largest integrated theme park destination company said in a statement that it hosted the event over a weekend as a sign ... ( read original story ...)