On Sunday, the 26-year-old Fleetwood topped what could be the strongest field of the year on the European Tour to win the Abu Dhabi HSBC Championship by a shot. His swing held up in the most trying of circumstances in the final round, with major champions …
( read original story …)
Gold at 2-month high; Should you sell in Dubai?
Precious metal funds saw their biggest inflow in five months and bond funds notched a fourth consecutive gain over the last week, as investors continued to hedge “Trump trades” put on late last year that bet on stronger growth and rising inflation.
( read original story …)
Dubai has new safety rules after high-rise fires, but few details
DUBAI, United Arab Emirates – New fire safety rules have come to Dubai after a series of skyscraper fires that marred its futuristic skyline, but authorities offered few details Sunday about how they’ll force owners to replace flammable siding with …
( read original story …)
Dubai real estate market sees $3.2bn of deals in fortnight
Dubai’s real estate market generated transactions worth $3.2bn during the first 15 days of January 2017, according to the latest report issued by Dubai Land Department (DLD). “By studying the index at the end of last year, DLD predicted that the market …
( read original story …)
UAE and India: A relationship going stronger
UAE President Shaikh Zayed Bin Sultan Al Nahyan visits India and held meeting with Indian Prime Minister Indira Gandhi and signed a cultural agreement along with various other agreements. Indian Prime Minister Indira Gandhi paid a two-day visit to the UAE …
( read original story …)
Dubai introduces water jetpack system, tougher rules to tackle fires
DUBAI: The Dubai Civil Defence unveiled on Sunday (Jan 22) its latest firefighting technology which involves a water jetpack system called Dolphin that helps reduce response time by allowing firemen to rush to the scene via waterways rather than on …
( read original story …)
Dubai and Abu Dhabi named as favoured locations by world’s wealthiest homebuyers
Dubai and Abu Dhabi have both featured on a new ranking of the 50 most important cities for property ownership among the world’s wealthiest people. The Alpha Cities Index has been created by consultancy Wealth-X and is a ranking of the cities that ultra …
( read original story …)
UAE bank deposits up by Dh42b
Abu Dhabi: Total bank deposits in the UAE increased by Dh41.7 billion in December 2016 due to a Dh25.9 billion increase in resident deposits and a Dh15.8 billion increase in non-resident deposits. According to a statement from the UAE Central Bank, gross …
( read original story …)
NBAD sees Dubai, Abu Dhabi residential market bottoming
National Bank of Abu Dhabi (NBAD) said in its yearly investment outlook, released Sunday. In the fourth quarter to December 2016, the rate of decline in property prices stabilised in Dubai and certain mid market witnessed a small uptick. New project …
( read original story …)
In 2035, The Roads & Skies Of The UAE Could Be Very, Very Different
In the water sector, the report predicts a new technology to determine contamination level in water by tracking the movements of fish by 2022. But, it forecasts that sea ice would vanish entirely from the Arctic Ocean as early as 2040. The UAE has been on …
( read original story …)
Fleetwood wins in Abu Dhabi for 2nd European Tour title
ABU DHABI, United Arab Emirates — Tommy Fleetwood broke free from a pack of contenders containing three major champions to win the Abu Dhabi HSBC Championship by one shot on Sunday, ending the Englishman’s 3 1/2-year wait for a second European Tour title.
( read original story …)
Partnership to accelerate possible hyperloop link
Abu Dhabi: A strategic partnership agreement has been signed in … with the aim of beginning construction in at least one region within the next three months,” Gresta told Gulf News. “What makes our approach different is that we have already acquired …
( read original story …)
“I saw history being made between India and UAE”
who relinquished the position of the deputy head of the mission at the Indian Embassy in Abu Dhabi, told Gulf News. She served as chargé d’affaires at the embassy off and on for five months during her 2.5-year stint. She will take up her new position as …
( read original story …)
Scattered rain hits parts of UAE
told Gulf News that the rain is “due to a trough or a low pressure affecting the Gulf area and it’s extending to the southern part of the Arabian peninsula”. “Scattered areas in the UAE starting from the western part continuing to the eastern part may …
( read original story …)
Dubai Has New Rules After High-Rise Fires, but Few Details
Dubai has new fire safety regulations following a series of skyscraper fires in recent years, but has offered few details about them. A spate of skyscraper fires in fast-growing Dubai have been fueled by paneling on the sides of many buildings here, known …
( read original story …)
Dubai appeal court upholds death sentence for the killer of Jordanian child Obaida
Dubai: A man, who kidnapped an eight-year-old boy on May 20, 2016 from his father’s garage in Sharjah and then raped and killed him in Al Mamzar, lost his appeal on Monday and will be executed. On Sunday morning, the Dubai Appeal Court handed out a …
( read original story …)
25 shops in Dubai caught for running remittance racket
Dubai: A crackdown across Dubai unearthed an illegal money transfer racket run by 25 shops, the Department of Economic Development (DED) revealed on Saturday. The shop operators lured Bangladeshi expatriates with the offer of cheaper money transfers to …
( read original story …)