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Posted on 15/02/2019

Dubai airport delays: Flights in and out of airport suspended ‘due to drone activity’

Dubai International Airport, the world’s busiest airport for international travel, is suffering severe disruption following reports of drone activity. The airport was forced to halt flights over an al…
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Posted on 15/02/2019

Dubai Airport says flights delayed due to drone activity

DUBAI: Flights at Dubai International Airport were delayed on Friday morning due to suspected drone activity, a spokesperson said. The suspension lasted from 1013 local time (0613 GMT) to 1045. Held u…
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Posted on 15/02/2019

Dubai Airport Says Flights Delayed Due to Drone Activity: Statement

DUBAI (Reuters) – Flights at Dubai International Airport were delayed on Friday morning due to suspected drone activity, a spokesperson said. The suspension lasted from 1013 local time (0613 GMT) to 1…
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Posted on 15/02/2019

Flights grounded at Dubai airport after drone activity: Sky News

(Reuters) – Flights at the Dubai International Airport in United Arab Emirates were being grounded following reports of unauthorized drone activity, Sky News reported on Friday. Dubai airport, which h…
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Posted on 15/02/2019

Aldar Properties : Abu Dhabi’s Aldar posts $708m profit as 2018 revenues grow 3%

Abu Dhabi developer Aldar Properties has posted $1.7bn (AED6.3bn) in revenues for 2018, up 2% on 2017 figures, boosted by asset acquisition and the collection of final payments. The Abu Dhabi developm…
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Posted on 15/02/2019

UAE up at 5th in connectedness index

The UAE jumped to No.5 for global connectedness and became one of the world’s most connected countries as globalisation hits record high, according to the DHL Global Connectedness Index. The UAE rose …
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Posted on 15/02/2019

Damac quarterly profit down 87% as Dubai property prices tumble

Dubai’s Damac Properties, owner and operator of the only Trump-branded golf club in the Middle East, reported a nearly 60 per cent fall in full year profit on Thursday, while its profit in the …
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Posted on 15/02/2019

Australian Space Agency signs partnership with UAE space agency

The focus of the partnership will be on communications, robots, technology and even space medicine in the short-term. Mr Murfett said Australia was also “watching with interest” as the UAE prepares to …
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Posted on 15/02/2019

Ripple’s payment technology will not be used by UAE but will encourage and educate commercial banks to use it

Mohsen AlZahrani, VP Strategy & Excellence at SAUDI PAYMENTS mentioned that two banks in the UAE will go live using Ripple’s payment solutions. He also confirmed that central banks will not use Ripple …
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Posted on 15/02/2019

Revealed: how the UAE is going contactless

“While some sceptics may look at 2018 as a slow year in terms of UAE retail card spending, actual data collated by Mashreq bank’s merchant acquiring business shows otherwise,” he said. The Mashreq dat…
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Posted on 15/02/2019

Deyaar, Millennium open new hotel in Business Bay

Millennium Hotels and Resorts (Middle East and Africa) has joined hands with UAE-based Deyaar Development for the opening of its 40th property, the Millennium Atria Business Bay, which will serve a gr…
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Posted on 15/02/2019

Dubai digital bank is first to launch smartphone insurance plan

UAE mobile phone owners can now enjoy protection for their devices with a new mobile insurance plan from Liv., the lifestyle digital bank by Emirates NBD. A first in the UAE, Liv.’s Mobile Insurance, …
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Posted on 15/02/2019

Dubai Airports aims to eliminate queues as it rebrands

The new brand, with a fresh logo bearing the letters DXB, will see the operator enhance technology at the city’s two airports and launch new retail concepts there. Dubai Airports said it aims to …
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Posted on 15/02/2019

Sharjah Ruler witnesses opening of 3rd Sharjah GCC Theatre Festival

SHARJAH, 14th February, 2019 (WAM) — H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, attended today the opening of the third edition of the Sharjah GCC The…
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Posted on 15/02/2019

British football fan held in UAE for wearing a Qatar shirt ‘has been freed and left the country’

A British man arrested in the UAE for wearing a Qatar shirt to a football match has been freed – according to reports. Sources told Sky News that Ali Issa Ahmad, 26, who was arrested in Sharjah while …
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Posted on 15/02/2019

UAE forecast to open most hotel rooms outside China in 2019

The UAE is set to open 31,517 hotel rooms during 2019, nearly 40 percent of the total forecast to open in the Middle East and Africa region. The UAE is forecast to open more new hotel rooms this year …
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Posted on 15/02/2019

JPMorgan, Goldman-Backed Payments Co Finablr Eyes IPO

However, we don’t know the size of the IPO. We expect a very good response because we have a very good track record,” Finablr Founder and Chairman B.R. Shetty said at a conference in Dubai. Goldman Sa…
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