United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui said on Monday that OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts, but that does not mean the pact will end by then. Mazroui said it was …
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Arab Woman UAE 2017 winners announced
Nineteen Arab women were honoured for their contributions to numerous sectors of society, including business, education, medicine and literature, at the ninth annual Arab Woman UAE 2017 awards The awards, which were held under the patronage of the UAE’s …
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Dubai International Blockchain Summit 2018
DUBAI, United Arab Emirates … participate in roundtable discussions, facilitate business meetings and participate in networking sessions to connect with key industry leaders and investors. The summit is open for registration; early bird tickets are …
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Private sector business conditions improve in Dubai
Private sector business conditions shows significant improvement with steep growth in output and inflows of new work, according to the seasonally adjusted Emirates NBD Dubai Economy Tracker Index. The index – which is designed to give an overview of …
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Dubai real estate consultancy launches Dhs5m endowment
Real estate consultancy group Freehold Mediation and Information has launched a Dhs5m ($1.4m) endowment scheme to help small-scale property investors and real estate entrepreneurs find solutions to the difficulties they face. Through the initiative, the …
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Dubai unveils largest-ever budget at $15.4 billion spend
… of His Highness the Ruler of Dubai to raise infrastructure efficiency in Dubai in order for the emirate to become the preferred destination for living, tourism, and business across all sectors. “Over the coming years, Dubai Government actively seeks …
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Dubai Economy Warns Businesses Not to Hike Prices Ahead of VAT
The initiative is part of protecting consumer rights and enhancing transparency across retailing in line with Dubai’s reputation as a competitive business destination. Retailers have to display the VAT applicable separately on every invoice from 01 …
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Dubai: Mohamed Hefzy’s Film Clinic Boards Abu Bakr Shawky’s ‘Yomeddine’ (EXCLUSIVE)
DUBAI, United Arab Emirates — Prominent Egyptian indie producer Mohamed Hefzy’s Film Clinic has come on board as co-producer of Egyptian-Austrian filmmaker Abu Bakr Shawky’s upcoming feature film “Yomeddine,” a road movie about a middle-aged man …
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Coral concept: Buglari finally opens its Dubai property
When it comes to location, Bulgari Hotels and Resorts could not have picked a better spot for its newly opened Dubai iteration. Set on Jumeira Bay, a manmade seahorse-shaped island, with a scenic tableau of the yacht-speckled Arabian Gulf as well as the …
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UAE media outlets earn trust of 94% of public
Dr Bassam Al Towaisi of the Jordan Media Institute, told a news conference yesterday that the poll of 2,500 respondents, 50 per cent of whom were citizens and 50 per cent expatriates, showed that 94 per cent of the people trust the UAE media outlets.
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British waiter faces two years in Dubai prison after testing positive for cannabis he says he smoked in UK before jetting out to the Gulf
Connor Clements, 24, upped and left Liverpool earlier this year after getting ‘stuck in a rut’ in the UK. With his sister already living in Dubai he was hopeful things would get better and managed to land a job as a waiter. But things took a ‘horrific …
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Strong 2018 Forecast and Diversification Lift Business Sentiments in Dubai
Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the …
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Strong Demand Spurs New Release of Water’s Edge Homes From Aldar Properties
Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, today announced that due to strong demand it will release more apartments for sale in Water’s Edge, the Company’s waterfront …
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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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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 …
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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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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 …
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