Senaat, which holds stakes in Abu Dhabi’s National Petroleum Construction Co. and Emirates Steel, is considering reviving plans for an initial public offering three years after putting them on hold, people with knowledge of the matter said. The company …
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Dubai Updates Cybersecurity Strategy
See Also: 2017 Predictions on Data Security: Insights on Important Trends in Security for the Banking Industry The new strategy, designed to help portray Dubai as a world leader in cybersecurity, eventually could be expanded nationwide. “The strategy’s a …
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Dubai Police fight obesity among their ranks
Dubai: Dubai Police are not only tackling criminals and reckless … I’m happy with what I have achieved,” Corporal Shambeah told Gulf News. He initiated a regimen of going to the gym and organising healthy meals at specific timings helped him lose …
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Dubai’s date trade tops $221 million in 2016
Business opportunities Data from Dubai Customs shows that the volume of Dubai’s date exports to North American and European countries remained low in 2015. However, the analysis found that Dubai has the potential to boost its date exports to those …
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Dubai Properties breaks ground on newest marina at Marasi Business Bay
Dubai Properties, a Dubai-based real estate master developer and asset manager, has announced the commencement of work on the new Marasi Business Bay Marina. The installation of the pontoons, which marked the occasion, took place in the presence of Abdulla …
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First car ade in UAE sent to France
Emirates SkyCargo, the freight division of Emirates, has transported the first car designed and built entirely in the UAE to France where it will be exhibited during the prestigious ‘24 hours of Le Mans’ endurance race. ‘Design-1’ is a sports car …
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Dubai moves into top 10 for international meetings
Steen Jakobsen, director, Dubai Business Events, said: “Dubai’s business events industry has undoubtedly grown over the past decade, and we are very proud that the city is being regarded as one of the top 10 international meetings destinations by UIA …
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UAE Central Bank announces raise of interest rates applied to Certificates of Deposits issuance
The Central Bank of the UAE has announced that as of Thursday, June 15, 2017, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on the US Dollar, following the Federal Reserve …
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Dubai’s Emirates fined and barred from route expansion in China
China has fined Dubai carrier Emirates $4,270 and barred it from expanding its operations in the country for six months for violating air safety rules. The move is related to two incidents on April 17 and May 18 and comes amid a crackdown by the Civil …
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Dubai’s Emirates considers equipping staff with AR goggles to improve service
Dubai carrier Emirates is reportedly considering new initiatives including equipping staff with augmented reality goggles or glasses to provide more personalised service. Bloomberg cited Emirates chief digital officer Christoph Mueller as confirming that …
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Dh31 million Emirates Hills villa in Dubai comes with an aquarium
The weaker property market that Dubai has experienced over the past couple of years may not have worked in everyone’s favour. But for those in the market for the most exclusive homes, it does mean there are some very good deals to take advantage of.
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UAE banks boost lending, revenues
said in its UAE Banking Pulse report. The increase in lending between the first quarter of 2017 and the final quarter of 2016 came after these banks’ loan books fell 0.13 per cent between third and fourth quarter of 2016, signalling the end of a period …
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Daimler Invests in Dubai Ride-Hailing Firm Careem’s Latest Funding Round
Dubai-based ride-hailing firm Careem will step up expansion … Participants also included venture capital firm DCM Ventures and hedge fund Coatue Management. Sheikha said Careem could speed up existing plans to expand its number of registered drivers …
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Qatar National Bank sees no big deposit outflows
DUBAI, June 14 (Reuters) – Qatar National Bank (QNB), the largest bank in the Middle East and Africa, has seen no significant outflows of deposits since a diplomatic rift started between Qatar and certain other Arab countries, it said on Wednesday.
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One wounded in missile attack on UAE ship off Yemen, SPA reports
the UAE news agency WAM reported on Thursday. WAM quoted a statement from the UAE armed forces as saying that the ship came under attack opposite the Yemeni port of al-Mokha. The statement warned that the UAE would pursue those behind the attack.
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Retiring in the UAE: A guide on how to live and work here past the retirement age
These include: Business investment visas A foreign national is eligible for an investor visa in the UAE if they incorporate their own business or invest in one; this allows retirees to either relax in their golden years or continue working during retirement.
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Philippine Airlines reintroduces business class on flights to Dubai
Philippine Airlines (PAL) has relaunched its business class service on flights to Dubai after a 50 per cent jump in passenger traffic to the UAE in the three months to the end of June. PAL took over the Manila to Dubai route from its low-cost cousin, PAL …
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