A unit of Abu Dhabi Financial Group has made a fresh offer for the rights to manage Abraaj Group’s funds, challenging a bid from Cerberus Capital Management, according to people familiar with the matt…
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Indian man found dead in UAE
DUBAI: An Indian man working with a bank in UAE has been found … He never had problem with anyone. I came to know about the news through social workers and identified the body. I have lost my brothe…
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Suspicious husband caught wearing woman’s dress at Dubai Metro station to spy on wife
Dubai: A man who suspected that his wife was cheating on him got himself an abaya to spy on her. The 37-year-old Indian husband was said to have overheard his countrywoman wife setting a date to meet …
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Abu Dhabi Firm Challenges Cerberus Bid for Abraaj Unit
A unit of Abu Dhabi Financial Group has made a fresh offer for the rights to manage Abraaj Group’s funds, challenging a bid from Cerberus Capital Management LP, according to people familiar with the m…
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Abu Dhabi Firm Is Said to Challenge Cerberus Bid for Abraaj Unit
A unit of Abu Dhabi Financial Group has made a fresh offer for the rights to manage Abraaj Group’s funds, challenging a bid from Cerberus Capital Management LP, according to people familiar with the m…
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Dubai’s Emaar to sell $1.4bn of assets – report
which is about 30 per cent owned by the Dubai government told the FT in a statement that it was regularly considering finance options to streamline its business. Sources told the publication that amon…
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New Chinese radio station launched in Dubai
we are confident that Chinese leisure and business travelers will all feel more welcome and engaged in Dubai.” The launch of Hala China and the new radio station come even as the UAE prepares for an o…
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Business TV giant CNBC plans new studio at Nasdaq Dubai
CNBC, the world’s number one business and financial news network, has announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai. The network will u…
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Abu Dhabi villa rents slump by as much as 16% in year
Rental values in Abu Dhabi have fallen by as much as 16.6 percent over the past 12 months, according to analysis by real estate website Bayut.com. Its H1 2018 market report for Abu Dhabi said average …
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Abu Dhabi, the capital of UAE, to establish smart geospatial center
UAE: The Abu Dhabi Smart Solutions and Services Authority (ADSSSA) has announced the Smart Geospatial Contact Centre, a first-of-its-kind government level project being implemented in cooperation with …
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Amnesty Calls for ‘War Crimes’ Probe on UAE-run Prisons in Yemen
Amnesty International accused the United Arab Emirates (UAE) and allied Yemeni forces of torturing detainees at a network of secret prisons in southern Yemen and said such violations should be investi…
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Dubai real estate brokers see commissions slump by $68m in H1
“The accreditation system for brokers that was set in place by Dubai Land Department was initiated to sustain a secure real estate environment for all parties in the market.” Subscribe to Arabian Busi…
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Dubai property agents see 30% drop in commissions in H1
Real estate brokers in Dubai earned more than 30 per cent less in commission in the first half of 2018 than they did in the same period last year, according to Dubai Land Department. Official figures …
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Dubai date for Oz consultants
ACWA Power and the Dubai Electricity and Water Authority have appointed consultancy Advisian as owner’s engineer for the 700MW fourth phase of the Mohammed bin Rashid Al Maktoum solar complex in Dubai …
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Dubai Properties enters into strategic partnership with DLD
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…
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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…
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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…
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