A few people were treated for smoke inhalation, according to Dubai’s Gulf News website. Several residents said the … And on Thursday evening, in the neighboring emirate of Sharjah, an under-construction tower caught fire that raged for several hours …
( read original story …)
Emirati’s killing in US: UAE to determine further legal options
As Gulf News reported on February 19, the Ohio Attorney-General’s Office had confirmed that Al Ameri was unarmed at the time he was shot. Officials from the Abu Dhabi Police Department had joined an embassy consular team in Hudson, Ohio, to represent Al …
( read original story …)
US Special Ops help UAE forces in Yemen anti-terror operation
told Fox News Yemen welcomed “political and logistical support” from the U.S. — but not ground troops. YEMEN AMBASSADOR TO U.S.: NO AMERICAN GROUND TROOPS NEEDED U.S. special operations forces are assisting Yemeni and UAE forces in an advisory …
( read original story …)
Dubai Tower Burns a 2nd Time, and Flammable Cladding Is Again Under Scrutiny
Dubai is one of seven emirates that make up the United Arab Emirates, and the city has seen dizzying growth in recent decades as it has transformed from a desert backwater to a sprawling business and transportation hub. On Friday, firefighters had the …
( read original story …)
Gulf banks are said to be refusing to extend Qatar deposits
London/Dubai: Foreign deposits at Qatar’s banks may fall further … from a month earlier, according to central bank data. The slide in non-resident holdings, which account for 22 per cent of overall deposits, comes even after local lenders raised …
( read original story …)
On The Market: 1 Bed Apartment in Jumeirah Village Circle
A 1 bed apartment in Jumeirah Village circle is a popular choice amongst expatriates in Dubai, because the district is home of newly built residential buildings that offer comfortable homes with convenient recreational facilities. If the featured property …
( read original story …)
Blaze rips through Dubai skyscraper The Torch
Dubai first became a magnet for property investments when it opened the sector to foreigners in 2002, standing out in a region that largely confines freehold ownership to citizens. The value of property surged at breakneck speed until the global financial …
( read original story …)
On The Market: High Floor 2 Bed Apartment in Dubai Marina
A colorfully decorated 2 bed apartment in Dubai Marina has come up on the market for sale. The property is located on a high floor in the prestigious Elite Residence tower, situated at the beginning of the most popular in Dubai residential district.
( read original story …)
UAE Business Barometer: Bullish on a bright future
The UAE’s economic growth will surge next year, driven by a host of non-oil sectors, hence improving the job prospects and strengthening the competitiveness of the local economy, according to CEOs of the top UAE companies. Khaleej Times spoke with top …
( read original story …)
Saudi oil minister is said to have met top commodity hedge funds
London/Kuwait/Dubai: Khalid Al Falih, Saudi Arabia’s energy minister, met in private with some of the world’s top commodity hedge funds in July, taking the unusual step of personally canvassing investor views on the state of the market. In the past …
( read original story …)
Abu Dhabi’s Mubadala sells second stake in U.S. chipmaker AMD
ABU DHABI, Aug 4 (Reuters) – Abu Dhabi’s Mubadala Investment Company … (Reporting by Stanley Carvalho, editing by Jason Neely) Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device.
( read original story …)
UAE’s Aldar reports 5% growth in gross profit for H1 2017
… Aldar on track with Reem Island projects | Aldar reports net profit of $174.5m for Q1 2017 Abu Dhabi-headquartered developer, Aldaar Properties, has released its financial results for the first half of 2017. The company announced that its gross profit …
( read original story …)
Warning over fake smartphones being sold online
Dubai Police said counterfeit dealers are cashing in on the desire for the latest device but handing over knock-offs that either do not work or could catch fire. In Dubai last year alone, fake items valued at Dh1.6 billion were seized. Mobiles topped the …
( read original story …)
UAE PMI Sees Robust Improvement in Business Conditions
The health of the UAE’s non-oil private sector gained steam in July, supported by sharp expansions in output and new work. A survey carried out by Emirates NBD, the UAE PMI, reveals that in response to greater output requirements, firms scaled up …
( read original story …)
Blaze sweeps through Dubai’s residential Torch Tower for second time
the latest in a series of fires in tall structures in the United Arab Emirates, the Gulf’s tourism and business hub, over the past three years. Flames shot up the sides of the Torch Tower in the second blaze to hit the high-rise since 2015, forcing …
( read original story …)
Firefighters get Dubai tower blaze under control
DUBAI, United Arab Emirates – Firefighters brought under control a blaze that broke out early Friday in one of the world’s tallest residential towers in Dubai, engulfing part of the skyscraper and sending chunks of debris plummeting below, the city …
( read original story …)
Fire extinguished at 86-story residential high-rise in Dubai
No major injuries had been reported. A few people were treated for smoke inhalation, according to Dubai’s Gulf News website. Several building residents said the fire broke out just after 1 a.m. at the 86-story Torch Tower residential building …
( read original story …)