RELATED ARTICLES: Dubai Properties unveils Middle East’s largest living green wall | Sheikh Hamdan approves DLD restructure | Project update: Inside Dubai Properties’ minimalist $272m 1/JBR tower Duba…
( read original story …)
Report: UAE banks continue to register higher profitability
on Sunday said in its latest UAE Banking Pulse for Q1 2018 report. Comparing the data of the 10 largest listed banks in the UAE, this UAE Banking Pulse report looks at the first quarter of 2018 (Q1 20…
( read original story …)
Dubai Bank credit officer charged with a plot to steal Sh245 million
NAIROBI, KENYA: A credit officer at Dubai Bank Kenya (in liquidation) has been charged with a plot to steal Sh245 Million. Rajab Ahmed Karume appeared before Milimani Senior Principal Magistrate Marth…
( read original story …)
UAE banks to record higher profitability and liquidity through 2018 Stand first
The country’s 10 largest listed banks analysed in A&M’s UAE Banking Pulse are First Abu Dhabi Bank, Emirates NBD as well as Abu Dhabi Commercial Bank, Dubai Islamic Bank and Mashreq Bank. Additionally …
( read original story …)
Traps to avoid when buying property in the UAE
The sales market has been buoyant in the off-plan sector but troubled in the secondary market for some time now. Prices have been sliding since 2015 due to the oil price crash and resulting issues aro…
( read original story …)
Leveraging applied research to bring industrial innovation to the UAE
Training, educating and enriching the UAE’s people in disciplines and industries of strategic relevance for the country’s present and future is an ongoing challenge for the country, and it is a worthy …
( read original story …)
UAE banks improve first quarter performance as costs decline, Alvarez & Marsal says
Commercial Bank of Dubai reported a 68 cent rise in its first-half net income as operating expenses and impairment charges for bad loans declined while net interest and fee income climbed. Net profit …
( read original story …)
Japan group rebrands subsidiary as MUFG Bank
The Bank of Tokyo Mitsubishi, DIFC-Dubai has been renamed MUFG Bank, Ltd., DIFC Branch – Dubai • The Bank of Tokyo Mitsubishi, Bahrain has been renamed MUFG Bank, Ltd., Bahrain Branch • The Bank of To…
( read original story …)
Abu Dhabi rent, price declines forecast to continue
“The Abu Dhabi residential market is continuing to face tough market … Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC …
( read original story …)
Health hazard abandoned buildings earmarked for demolition in Abu Dhabi
Abu Dhabi City Municipality has already started the process of tearing down the 44 eyesore properties, with work underway to remove the rest. The municipality has said that they are among a total of 9…
( read original story …)
Aramex inaugurates 3.2 MW solar plant in Dubai
Aramex, a leading global provider of comprehensive logistics and transportation solutions, has partnered with IMG Solar, a subsidiary of Jordan-based Izzat Marji Group, and successfully inaugurated a …
( read original story …)
UAE exempts children of tourists under the age of 18 from visa fee
Dubai: Children of tourists, under the age of 18 visiting UAE will be exempted from visa fee, during the summer season from July 15th to September 15th of each year UAE cabinet announced on Sunday The …
( read original story …)
Are Filipino expats in UAE cool with millennial slang?
Gulf News #Pinoy put Filipino expatriates in the UAE to the test to find out if they know any of these words. Here’s how it hilariously went: Video by Irish Eden Belleza So you don’t feel like a dinos…
( read original story …)
Yemen demands UAE close prisons weeks after reports of abuse
Yemeni Interior Minister Ahmed al-Maysari has demanded that informal prisons run by the United Arab Emirates in the war-torn country be closed, the official SABA news agency said on Wednesday. Al-Mays…
( read original story …)
Emirati Prince Flees to Qatar, Exposing Tensions in UAE
which Emirati news reports have put at a little more than 100. “There have been more deaths from Fujairah than anywhere else,” Sheikh Rashid said, and he accused Abu Dhabi of hiding the full death tol…
( read original story …)
Emirati prince flees to Qatar, criticizes Abu Dhabi: report
A handout image made available by United Arab Emirates News Agency (WAM) on December 2, 2015 shows (from L-R) Moulay Rachid Prince of Morocco, Sheikh Hamad Al-Sharqi UAE Supreme Council Member and Rul…
( read original story …)
Central Hotels unveils new Dubai property
Dubai-based Central Hotels is growing its footprint rapidly with the soft opening of its new five-star resort at The Palm, Dubai. The stunning Royal Central Hotel features 207 elegantly-appointed room…
( read original story …)