Investors’ interest in an IPO this year could be bolstered by the planned expansion … 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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Saudi Aramco working to raise cheap loans before IPO – banking sources
DUBAI, Jan 10 (Reuters) – Saudi Aramco
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Dubai Real Estate Transactions Reach AED 285 Billion for 2017
The Dubai Land Department (DLD) recently revealed the annual results of the Dubai real estate market for 2017, with the total real estate transactions exceeding AED 285 billion through 69,000 real estate transactions. Commenting on DLD’s Annual …
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Dubai non-oil private sector growth hits 14-month low
Growth in business activity was the lowest seen from Dubai’s non-oil private sector companies since April 2016 and the rate of hiring was the weakest since June 2017. New orders continued a run of increasing activity since March 2016 but also grew at the …
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Dubai’s Nakheel selects Ibis brand for JVC hotel
“Our hospitality business continues to go from strength to strength, as we design and deliver a diverse range of hotels, resorts and serviced residences at key locations across Dubai, and partner with world-leading hotel brands to bring new hospitality …
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Dubai’s non-oil economy index dips in December
Dubai’s non-oil private sector economy slowed in December, recording the weakest growth in business activity since April 2016, however the overall business activity and new work remained sharp in the emirate, according to a new survey. The Emirates NBD …
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Brit jailed in Dubai for sending WhatsApp rant to dodgy car dealer over ‘deathtrap’ second-hand motor
A BRIT working in Dubai was jailed there for moaning on WhatsApp about a second-hand car. Estate agent Yaseen Killick, 29, paid £6,000 for the VW Golf only for it to break down within hours. Yaseen Killick, 29, was arrested as he waited at Dubai airport …
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DLD Launches Dubai Property Festival
Dubai Land Department (DLD) announced the launch of Dubai Property Festival (DPF), a three-day sales and purchase event to be held at the Dubai World Trade Centre April 9 – 11, coinciding with a series of events in Dubai aimed at attracting global …
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The UAE has carried out 6 cloud-seeding missions
Dubai: The rains across the UAE was helped by successful cloud … Omar Al Yazeedi, director of research and development at the National Centre of Meteorology (NCM), confirmed to Gulf News that six cloud-seeding missions were launched over the last two …
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Talisen Launches Enterprise Energy Management Software in Dubai
After some market research in 2015, George Brill, CEO of Talisen Technologies, and his business associate Mohan Menon teamed up to form Talisen International. Their plan was to re-enter the UAE and Middle Eastern market by securing a strong and capable …
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Turkey renames UAE embassy street after minister row
Turkey has symbolically renamed a street where the United Arab Emirates’ embassy is located in Ankara, following a diplomatic spat between the nations. The street has been named Fahreddin Pasha Road, after an Ottoman military commander the UAE foreign …
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Hamdan attends Dubai Police graduation
Dubai: Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Dubai Crown Prince, attended on Tuesday the graduation ceremony of Dubai Police Academy. Shaikh Hamdan honoured top students during the ceremony, and congratulated them on their levels of excellence …
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UAE Space Agency launches iShuttle to engage with young students
Abu Dhabi: Young students in the UAE will now have the opportunity to contribute towards the country’s space sector with the launching of the new iShuttle online portal, allowing them to contribute their ideas and solutions to some of the many challenges …
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Dubai’s DFM reveals list of securities in short selling push
Dubai Financial Market (DFM) on Tuesday announced the list of securities eligible for trading as part of the regulated short selling (RSS) service. The service has recently been launched as part of its efforts to provide market participants with new tools …
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Dubai bank to launch first battery powered payment cards
Dubai’s biggest bank on Tuesday announced plans to introduce the first battery-powered, interactive payment cards to the UAE this year. Emirates NBD has teamed up with Dynamics Inc on Wallet Card, which is the world’s first connected, secure payment card …
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UAE road-freight tech venture TRUXAPP projects $1bn in revenues by 2022
With its highly advanced, user friendly, proprietary and customisable technology infrastructure, Truxapp is addressing the inadequate logistics and transportation models to make LSPs more agile and responsive toward their customers’ needs. As the UAE …
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UAE Universities participate in ‘Seeds for the Future’ program
Over 150 projects from the UAE are expected to be presented at Seeds for the Future, each with the potential to be selected for incubation. The initiative aims to develop Information and Communication Technology (ICT) talent among Emirati students who will …
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