Growing protectionist policies in the West will ultimately benefit the United Arab Emirates’ (UAE) real estate sector, despite the challenging economic climate as a result of the low oil price, a Dubai-based developer has said. Farhad Azizi, CEO of Azizi …
( read original story …)
UAE minister warns Gulf alliance faces a major crisis
Qatar denied making the critical comments, saying its news agency had been hacked, but Saudi Arabia and the United Arab Emirates allowed their state-backed media to continue running the story, angering Doha. “The Gulf Cooperation Council countries are …
( read original story …)
Here’s What You Can Buy With $1 Million in Dubai
Despite slight yield compression witnessed over the last 6 to 12 months, Dubai’s prime residential market continues to be positioned attractively as a real estate investment on the global scene. While comparing 10 of the world’s most sought-after …
( read original story …)
Aster DM Healthcare plans 2018 IPO as sentiment improves
Dubai: Aster DM Healthcare is planning an initial public offering next year as the Dubai-based medical provider seeks to take advantage of improved market sentiment for the Arabian Gulf. The company aims to sell 10 per cent of shares by October 2018 …
( read original story …)
6 accidents in Abu Dhabi on first day of Ramadan
Abu Dhabi: Twelve people sustained injuries in six accidents in Abu Dhabi on the first day of Ramadan, the Abu Dhabi police announced in a statement on Sunday. In total, around 1,394 traffic violations were recorded in the emirate on the first day of …
( read original story …)
Dubai’s Aster DM Healthcare Plans 2018 IPO as Sentiment Improves
Aster DM Healthcare is planning an initial public offering next year as the Dubai-based medical provider seeks to take advantage of improved market sentiment for the Persian Gulf. The company aims to sell 10 percent of shares by October 2018, with a …
( read original story …)
Dubai’s Marka appoints new CEO
Marka, which operates 47 hospitality, fashion and beauty and sports outlets across the region, raised $75m in an IPO on the Dubai Financial Market in 2014. However, the company is yet to turn profitable, and posted a net loss of Dhs150m in 2016 …
( read original story …)
Dubai Font extends imprint across the city
Dubai: Giant letters highlighting the ‘Dubai Font’ initiative have been put up across the city with the objective of encouraging reading, writing and self-expression. This unique initiative serves as a reminder of the core values that characterisee the …
( read original story …)
Abu Dhabi’s Bloom Properties awards main contract for Soho Square
Bloom Properties, the real estate arm of Abu Dhabi-based Bloom Holding, announced on Sunday it has awarded the main construction contract for its Soho Square development on Saadiyat in Abu Dhabi to Emirates Link Maltauro. The developer said in a statement …
( read original story …)
UAE- Gender diversity is key for success of business
(MENAFN – Khaleej Times) Gender equality in the #UAE workplace has reached the same level as compared to women who work in Western countries No other topic has been debated in such great detail as that of men versus women. Numerous books have been printed …
( read original story …)
UAE slashes petrol prices for June
Motorists across the UAE will be happy to hear that they will be paying a little less to fill up the tanks of their vehicles in June, as the fuel prices drop in response to an international agreement by producers to extend the oil output cut. Unleaded 98 …
( read original story …)
UAE leads Mena region in global talent competitiveness ranking
Dubai: The UAE is ranked top in the region in global talent competitiveness ranking. With a global ranking of 19, the country has an index score of 62.49, the highest in the Middle East and North Africa (Mena) region. INSEAD Business School, Google and the …
( read original story …)
UAE surveys reward expats with free air tickets, hotel stay
Dubai: The next time you are asked to participate in a survey, it might be a good idea not to ignore it, because chances are that you might end up getting a prize – either a free ticket, a hotel stay or a dinner for two. A recent government office in the …
( read original story …)
Dubai Culture collaborate with Dubai Specialist Dental Centre
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has collaborated with Dubai Specialist Dental Centre by provide artworks for the newly opened Dental centre in alignment with the Authority’s …
( read original story …)
MoF organises workshops on practical applications of the federal decree no. (9) of 2016 concerning bankruptcy
The Ministry of Finance (MoF), in collaboration with Dubai Courts, recently organised a workshop on the practical applications of the Federal Decree No. (9) of 2016 concerning bankruptcy. The workshop came as part of a series organised by the Ministry to …
( read original story …)
Financial sustainability imperative to supporting Awqafs
Ultimately, financial sustainability is imperative for Awqafs … Managing Awqaf sustainably In the UAE, a ‘General Waqf Authority’ for Islamic Affairs and Endowments, has been set up by government and regulators, to coordinate and streamline the …
( read original story …)
Barakah nuclear plant gets critical components
Dubai: The firm in charge of the UAE’s first nuclear power plant has taken delivery of vital parts that will power the reactor. On Saturday, the federal-owned Emirates Nuclear Energy Corporation (Enec) announced that it had received fuel assemblies …
( read original story …)