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Posted on 02/03/2019

UAE Tour: Mistake costs Dan Martin on Jebel Jais

Riding for the home team, Martin was keen to have a good week at the UAE Tour and had come out to recon the climb ahead of the race. Situated on the border with Oman, the upper slopes of the climb are …
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Posted on 02/03/2019

Dubai’s Emirates NBD sees brand value top $4bn

Emirates NBD has been named as the UAE’s most valuable banking brand with a $4.04 billion valuation in The Banker’s annual brand valuation league table. The Dubai-based bank also secured a spot among …
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Posted on 02/03/2019

What the UAE gratuity of the future might look like

The event organised by financial advisory firm Mondial examined how the end of service benefit will evolve in the future. Leslie Pableo / The National The UAE’s end of service gratuity is set for an o…
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Posted on 02/03/2019

Struggle to survive: Can smaller UAE healthcare providers come out on top?

With Dubai’s tourist influx expected to hit 20 … speed bumps in the way of healthcare provision and the smaller your business is, the greater the disruption is likely to be.
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Posted on 02/03/2019

Big Short’s Eisman Expands U.K. Short Bets to Three Banks on Brexit

Eisman said at a conference in Dubai in November that he was shorting two U.K. banks … U.K. from retailers to real estate as the risk of a no-deal Brexit increases. Hedge fund manager Crispin Odey, …
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Posted on 02/03/2019

Onsite: Aldar’s Mamsha Al Saadiyat beach homes in Abu Dhabi

Located on Abu Dhabi’s Saadiyat Island along a 1.4km-long stretch of beach overlooking the Arabian Gulf, the Mamsha Al Saadiyat development is one of the latest under-construction residential offering…
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Posted on 02/03/2019

Federer sets up Tsitsipas final in Dubai to put 100th title within reach

(Reuters) – Roger Federer took a step closer to his 100th ATP crown on Friday, easing past Borna Coric 6-2 6-2 in the semi-finals of the Dubai Duty Free Tennis Championships to set up a title …
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Posted on 01/03/2019

Bahrain’s Finance Minister receives UAE Ambassador

MANAMA, 1st March, 2019 (WAM) — Bahrain’s Minister of Finance and National Economy, Sheikh Salman bin Khalifa Al Khalifa, has extended his country’s thanks and appreciation for the UAE’s continuous s…
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Posted on 01/03/2019

MIDEAST STOCKS-Real estate pressures Dubai, most Gulf markets drop

* Dubai slides to biggest one-day loss in 2 months * Leejam Sports gains on FY results * Al Tayyar rises on capital increase proposal * Saudi index expects passive fund inflows of $15-$20 bln this yea…
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Posted on 01/03/2019

DEWA to mount solar rooftops on 10% of Dubai homes

Ten per cent of homes in Dubai will receive rooftop solar as part of the 50-year charter for the emirate launched by its ruler Sheikh Mohammed bin Rashid Al Maktoum a month ago. Dubai Electricity and …
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Posted on 01/03/2019

DWTC strengthens Dubai’s postion as business hub

Dubai World Trade Centre (DWTC) continues to play an integral role in strengthening the emirate’s position as a global economic hub by generating over Dh200 billion of total economic output and hostin…
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Posted on 01/03/2019

Dubai index sees profit-taking after rally

The Dubai Financial Market general index closed 1.5 per cent lower at 2,635.78, snapping a rally seen for the past two weeks. The index had gained 8 per cent in the past 10 sessions.
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Posted on 01/03/2019

Dubai World Insurance Congress embraces innovation in insurance

Dubai International Financial Centre (DIFC) co-hosted the third edition of the Dubai World Insurance Congress (DWIC) to discuss the opportunities in the evolving insurance and reinsurance sectors. The …
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Posted on 01/03/2019

DeVere buys second UAE firm this month

Financial advice business DeVere has bought a wealth management company based in the United Arab Emirates for an undisclosed sum, the second this month. The acquisition of Credence International will …
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Posted on 01/03/2019

General Manager – Automotive Finance & Insurance – Al Tayer Group LLC. – Dubai Jobs

To lead the Finance and Insurance (F&I) department and develop product offerings for Al Tayer Motors customers, designed to drive profitable growth. Manage relationships with F&I service providers whi…
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Posted on 01/03/2019

UAE firm to develop $5bn solar scheme in Bangladesh

UAE’s Almaden Emirates Fortune Power will along with its Bangladeshi partner and AIDA also work on managing development and transaction teams across geographies and environments. Dubai-based Safa Capi…
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Posted on 01/03/2019

Multibillion-dollar debt crisis looms for Dubai

A decade ago Dubai suffered a near-calamity during the global financial crisis. At the time it needed a massive bailout, which was provided by the National Bank of Abu Dhabi along with the UAE’s centr…
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