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…
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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 …
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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…
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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…
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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.
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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. …
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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 …
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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…
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Made in Dubai: Architect Shaun Killa sets his sights on the world
His expertise grew as the business continued to win and deliver more projects across the region. The schemes completed during his time with Atkins included the Dubai Opera House; Bahrain World Trade C…
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Sharjah chapter of fourth PSL gets under way
Sharjah fans, who considers Afridi as their hero and throngs the stands just to watch him, will be delighted to see him in the very first match of the PSL here. Speaking to Gulf News, Afridi has …
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UAE Armed Forces awards $1.33bn deals on IDEX day 3
The UAE Armed Forces has awarded 28 deals worth AED4.87 billion … The total value of deals awarded so far to national and international companies has reached AED16.87 billion, state news agency WAM …
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Saudi crowned Mena IPO king in 2018
Dubai: Saudi Arabia led the Middle East & North Africa region in initial public offering (IPO) activity, both in terms of value and volumes, last year, according to an Ernst and Young report.
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Bank manager in Dubai fakes signature, embezzles Dh10 million
A man who used to work as a manager at a renowned bank in Dubai was sentenced to five years in prison in absentia on Monday. The Saudi national was charged with breach of trust and embezzlement, which …
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New banking regulations create financial setbacks for contractors
Bank’s capital is divided into Tier 1 and Tier 2 capital … the impairment allowance would rise significantly in the absence of a fixed maturity date. The legal committee of the UAE Banks Federation …
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Emirates NBD ranked UAE’s top banking brand with a value of USD 4.04 billion
UAE. Emirates NBD, a leading bank in the region, today announced its position as the UAE’s most valuable banking brand with a USD 4.04 billion brand valuation in The Banker’s annual brand valuation le…
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Dubai Airports unveils new brand for Dubai International
Dubai Airports has unveiled a new brand for Dubai International (DXB) that signifies Dubai Airports’ transition from airport operator to a consumer-led company to elevate the airport customer experien…
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Dubai property deals in a day? Now you can…
Dubai Land Department (DLD) has announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. During the first week of the audit, more than …
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