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Posted on 03/02/2019

Pope heads to UAE for historic trip

Abu Dhabi (AFP) – Pope Francis heads to the UAE Sunday for the first ever papal visit to the Arabian Peninsula, birthplace of Islam, where he will hold an open-air mass for tens of thousands of Cathol…
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Posted on 03/02/2019

Dubai schools to close for two days this week

Schoolkids in Dubai have been given two surprise days off school this week, according to an official announcement. The Ministry of Education tweeted that pupils in the city – as well as those in Sharj…
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Posted on 03/02/2019

Abu Dhabi’s FAB Rises as It Seeks to Lure More Foreign Investors

(Bloomberg) — First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed as much as 5.8 percent in Abu D…
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Posted on 03/02/2019

Abu Dhabi’s FAB Surges as It Seeks More Foreign Investment

(Bloomberg) — First Abu Dhabi Bank PJSC jumped on optimism the lender will follow regional peers and raise the foreign-ownership limit on its stock. The shares climbed in Abu Dhabi as much as 5.8 …
( read original story …)


Posted on 03/02/2019

FAB’s Rise Boosts Abu Dhabi Stocks by Most in Mideast: Inside EM

(Bloomberg) — Abu Dhabi stocks climb the most in the Middle East as the United Arab Emirates’ biggest lender seeks to increase the limit on foreign ownership of its shares. First Abu Dhabi Bank surge…
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Posted on 03/02/2019

MIDEAST STOCKS-FAB leads Abu Dhabi index higher, Saudi subdued

Feb 3 (Reuters) – Abu Dhabi’s stock index led gains on Sunday, boosted by a surge in First Abu Dhabi Bank, while Saudi Arabia’s main market was buoyed by Al Rajhi Bank . First Abu Dhabi Bank, which la…
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Posted on 02/02/2019

UAE’s tolerance embraces faiths, runs up against politics

The UAE banned the news operations of Al Jazeera inside the country, expelled Qatari residents, blocked websites affiliated with Qatar and warned residents that anyone who expressed sympathy for Qatar …
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Posted on 02/02/2019

UAE in bid to get Qatar thrown out of Asian Cup after 4-0 defeat

Qatar’s national football team coach reacted dismissively to an appeal by the United Arab Emirates to the governing Asian Football Confederation (AFC) that claims the Qatari team used ineligible playe…
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Posted on 02/02/2019

Revealed: the factors shaping UAE real estate markets in 2019

The UAE’s real estate market will continue to see “challenging” conditions throughout this year, according to JLL, the global property investment advisory firm. The company said in a statement that co…
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Posted on 02/02/2019

Burj Jumeira: Dubai announces 550m supertall tower

Last December developer Meydan told local news the mall was still on track for a 2020 launch. Dubai Holding chairman His Excellency Abdulla Ahmed Al Habbai said Burj Jumeria and Downtown Jumeira would …
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Posted on 01/02/2019

UAE senior diplomat denies hacking Americans

NEW YORK (Reuters) – A United Arab Emirates senior diplomat denied on Thursday the country had targeted “friendly countries” or American citizens in a cyberspying program that a Reuters report said in…
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Posted on 01/02/2019

Dubai’s new crowning glory: The 550-metre Burj Jumeira

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, inaugurated Burj Jumeira on Thursday. The new tower will be built in the Al Sufouh …
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Posted on 01/02/2019

Dubai International Airport is a disappointment

DXB is a breeze to access from pretty much anywhere in Dubai. Even if you take a taxi from as far away as Dubai Marina (30 kilometres), you’re only looking at about AED60 to AED70 to get to the termin…
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Posted on 01/02/2019

Dubai Holding to Develop Mega Project Near Burj Al Arab

confirming an earlier story by Bloomberg News. The construction will start immediately and the first phase of the development will be delivered in 2023. The development in the Al Sufouh district of Du…
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Posted on 31/01/2019

Abu Dhabi Fund Earmarks Dh184m for Development Projects in Comoros

ABU DHABI, United Arab Emirates — The Abu Dhabi Fund for Development (ADFD) today formalized a Memorandum of Understanding (MoU) with the Government of the Comoros, which stipulates that the …
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Posted on 31/01/2019

Sharjah Int’l sets new passenger record amid expansion plans

Sharjah International Airport saw a record number of passengers in 2018 as it embarks on a major expansion project to increase capacity to 20 million passengers by 2025. The airport was used by 12.04 …
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Posted on 31/01/2019

Revealed: the future of healthcare in Dubai

Dubai Healthcare City has announced the first regulated telehealth platform in the free zone, launching the new service with a live consultation between a patient and doctor. The demonstration at Arab …
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