“I’m pretty sure as time goes on you guys will stop talking about it. For now, it’s like the biggest tennis news, I guess. “See, it’s a little bit hard because I feel like people are …
( read original story …)
UAE insurers maintain earnings pace: AM Best
AM Best’s analysis of the preliminary disclosures of the national insurers listed on the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM) has shown material improvements in bot…
( read original story …)
UAE bank assets rise 1.2% in January: Central Bank
Abu Dhabi – Mubasher: Assets of banks operating in the UAE increased 1.2% month-on-month by the end of January, the Central Bank of the UAE said on Tuesday. Lenders’ assets grew to AED 2.913 trillion …
( read original story …)
Abu Dhabi Oil Giant’s Credit Ranked AA as Aramco Seeks Rating
(Bloomberg) — Abu Dhabi’s government-owned oil giant received … a day was $52.1 billion in the first half of 2017, Bloomberg News reported in April. Exxon Mobil, the world’s largest …
( read original story …)
Permanent residency could attract more property investors to Dubai
The Dubai property sector has emerged as a stable and mature market in the past couple of years despite a slowdown in major developed and emerging markets as investors believe in its promising future …
( read original story …)
Survival of the Fittest in Dubai’s Property Market
Consolidation time for Dubai real estate with fly-by-night companies exiting the market, reaffirming signs of a maturing property market in Dubai 486 real estate companies in Dubai did not renew their …
( read original story …)
UAE gets self-driving cars in the fast lane
Dubai Silicon Oasis also spearheading the efforts in Dubai … Ravi Suri, partner, global head of Infrastructure Finance, KPMG Lower Gulf, said autonomous vehicles offer tremendous social and environm…
( read original story …)
Emaar Properties rides to rescue of Dubai index
Dubai: Emaar Properties rode to the rescue of the Dubai Financial Market (DFM) general index as its shares surged on the back of better-than-expected earnings in the fourth quarter. The company …
( read original story …)
UAE guide to financial services VAT ‘clears up ambiguity’
ANALYSIS: A new guide for financial services firms on the operation of VAT in the United Arab Emirates (UAE) should be welcomed by the industry as it clears up some ambiguity and puts in black and whi…
( read original story …)
Dubai expat embezzles Dh13.4m from boss’s bank account, jailed for life
A sales manager, who siphoned off more than Dh13.4 million from the bank accounts of his Russian boss, was sentenced to life in prison in absentia by a Dubai court on Tuesday. The 42-year-old Kazakh m…
( read original story …)
S&P: Dubai property market could remain depressed for years
DUBAI, UAE – The property market in Dubai has been sinking since 2014, and is likely to remain depressed for years. S&P Global, the credit ratings agency, on Tuesday said the emirate’s property market …
( read original story …)
Dubai Food Festival 2019: What You Need To Know Before Going
Starting Thursday, the streets and alleyways of Dubai will become a foodie’s heaven on earth with the return of the long-awaited Dubai Food Festival. The 17-day event starts on the 21st of February an…
( read original story …)
UAE signs $1.3bn in deals as arms fair opens amid criticism
The United Arab Emirates (UAE) has signed weapons deals worth $1.3bn with … the head of the US Navy’s 5th Fleet command that oversees the region told the Associated Press news agency. “It is destabi…
( read original story …)
Sharjah’s ambitions as a key Middle East healthcare destination
Sharjah Health Authority (SHA … oncology and neurology. Do you have some news or a press release that you’d like to share with the medical travel industry? Publish for FREE on IMTJ.
( read original story …)
UAE announces more than $3B in defense deals at IDEX conference
Then on Monday, UAE signed nearly $2 billion in deals … Lockheed Martin’s vice president of integrated air and missile defense, told Defense News. They began working together in 2016 on the system. …
( read original story …)
Tennis: Osaka stunned by Mladenovic in straight sets in Dubai
(Reuters) – World number one Naomi Osaka was beaten in her opening match at the Dubai Duty Free Tennis Championships on Tuesday, losing to France’s Kristina Mladenovic 6-3 6-3 on her return to …
( read original story …)
Matchmaking For Entrepreneurs: Dubai Startup Hub Launches Co-Founder Dubai Program
Launched ahead of STEP Conference 2019 in Dubai, this first-of-its-kind pilot matchmaking program offers UAE startups access to talent, and aspiring co-founders a unique opportunity to become a busine…
( read original story …)