New Delhi [India], Apr 21 (ANI): The Patiala House Court on Friday is likely to issue the order on the application filed by the two accused pleading guilty in the Abu Dhabi ISIS case. Earlier on March 29, two out of the three accused involved in the Abu …
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New global fund to raise $300 million for digital currency investments
Alphabit is registered in Dubai and the Cayman Islands. Fees include 2.5 percent for management and 45 percent for performance. The latter will only apply if the fund outperforms the price of bitcoin, said Robertson, a former currency trader at hedge fund …
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UAE cashes in on digital finance
A spurt in digital finance in the UAE is inevitable as the country embraces the global trend of smart payment solutions. Digital finance – financial services delivered via mobile phones, the internet or cards linked to a digital payment system – could be a …
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Dubai Internet City Offers Platform for Chinese Tech Companies to Increase International Presence
A delegation from Dubai Internet City (DIC), the leading technology business community created by the Government of Dubai as a strategic location for companies to innovate, is visiting the People’s Republic of China to strengthen ties and explore new …
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UAE Girls travel to Manchester United following duFC Challenge win
Dubai’s youth female champions the match between Manchester United and Chelsea at Old Trafford last Sunday. The duFC’s UAE Girls Challenge winning team from Go Pro Sports were given the trip to Old Trafford last weekend, where they participated in a …
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Long weekend in UAE fuels staycation boom
A number of hoteliers from Dubai to Abu Dhabi told Gulf News that their properties will be 75 per cent to 100 per cent full over the next three days, with a significant number of guests coming from across the emirates. Huge bookings have also been secured …
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Dubai Police clarify 'forgiveness card' that went viral
Dubai: “Dear driver, we are sorry the radar caught you speeding. Despite violating the traffic law, we will not issue [you] a traffic ticket.” A card with those words and the Dubai Police logo went viral on social media. But Dubai Police clarified that …
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UAE temperature to cool down until Saturday
Dubai: If you’re planning on having a barbeque or a picnic, this weekend would be the best time to have one as the temperature this weekend will be a lot cooler. The National Centre of Meteorology and Seismology (NCMS) on Thursday expects the mercury to …
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Dubai Properties launches sale of ‘Arabella Townhouses 3’ as part of growing portfolio of futuristic housing solutions
Dubai Properties (DP), a leading Dubai-based real estate master developer and asset manager, today announced the launch of sales of the third edition of the Arabella Townhouses (Arabella 3) – in response to high customer demand. The launch of sale of …
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Dubai’s Global Blockchain Council Combats “Conflict Diamonds” Trading
Dubai’s Global Blockchain Council (GBC) is running a pilot project called Operation Kimberley, which aims to use blockchain technology to digitalize the issuance and transfer of Kimberley Process certificates used in the shipment of rough diamonds globally.
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UAE’s first food bank launches in Dubai
DUBAI // Low-income families and labourers will be able to get food donated by hotels and supermarkets after the country’s first food bank was launched in the city on Wednesday. Stocked with boxes of food as part of the Year of Giving, the food bank aims …
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China gathers state-led consortium for Aramco IPO
Hong Kong/Riyadh/Dubai: China is creating a consortium … Saudi officials have said Chinese companies were interested in investing in the Aramco IPO as the country — the second biggest consumer of oil globally — seeks to secure crude supplies …
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Abu Dhabi's Taqa Seeking to Sell Energy Assets in North America
Abu Dhabi National Energy Co., the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
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UAE ranked among top global destinations for FDI
The UAE has also pledged to continue to advance its technological readiness and deepen its commitment to innovation. The government’s recent efforts show signs of gaining significant traction. In the World Bank’s Doing Business 2017, the UAE is …
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How to curb soaring inpatient costs in the UAE
UAE authorities estimate that 5 per cent of all paid health … In 2014, researchers from Harvard Business School made the observation that surgeon productivity is drastically reduced by only having one operating room available to them.
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Seven public markets for Abu Dhabi suburbs
Abu Dhabi: Seven new public markets will soon be built in the capital’s suburbs in order to offer access to a range of facilities for residential neighbourhoods, the Municipality of Abu Dhabi City announced today (April 19). The projects, which are on …
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Emirates trims US flights after Trump administration curbs
The decision by the Dubai government-owned carrier is the strongest sign yet that the new measures imposed on U.S.-bound travelers from the Mideast are taking a financial toll on fast-growing Gulf carriers that have expanded rapidly in the United States.
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