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Posted on 02/08/2019

Hiring an electric scooter is now legal in Abu Dhabi

Abu Dhabi has passed a law allowing companies to rent out electric … were banned in Dubai due to concerns for people’s safety. Watch this space for more news. …
( read original story …)


Posted on 02/08/2019

Value of Gulf’s IPOs climbs 87% in second quarter

“The UAE Cabinet’s recent announcement of sectors and economic … IPOs on the London Stock Exchange’s main market in April. The Network International IPO represented the largest outbound IPO to date …
( read original story …)


Posted on 02/08/2019

Abu Dhabi fund said to be in talks with Indian hospital chain

Abu Dhabi Investment Authority (ADIA) is understood to be in talks with Apollo Hospitals Enterprise, which runs India’s largest private sector hospital chain, to make an investment in its holding …
( read original story …)


Posted on 02/08/2019

Abu Dhabi reinvents itself as a luxury international retirement hub

Since the recent changes in property law benefiting expats, Abu Dhabi is reinventing itself as an upscale designer retirement hub. The new UAE laws on expat freehold ownership and the new retirement …
( read original story …)


Posted on 01/08/2019

UAE’s credit demand picks up pace

Dubai: Gross credit growth in the UAE accelerated 0.7 per cent month on month 4.3 per cent year on year in June, according to the latest central bank data analysed by Abu Dhabi Commercial Bank …
( read original story …)


Posted on 01/08/2019

Ranplan Wireless signs reseller deal with Massilatech UAE

Ranplan Wireless, an innovative wireless technology company, has announced a new reseller partnership with leading Middle East systems integrator Massilatech UAE to distribute Ranplan Professional, …
( read original story …)


Posted on 01/08/2019

DIFC, Mashreq Bank, norbloc join hands for blockchain KYC consortium

a leading financial institution in the UAE, through its Corporate and Investment Banking Group, and norbloc, the leading Know Your Customer (KYC) and client onboarding fintech regionally headquartered …
( read original story …)


Posted on 01/08/2019

Abu Dhabi creates $163m fund for ‘mega-events’

In response to questions from Arab News, the DFSA, the watchdog for the Dubai International Financial Centre (DIFC) where some of the Abraaj business was registered, said: “Abraaj Capital and Abraaj …
( read original story …)


Posted on 01/08/2019

Dubai lender Emirates NBD to support Denizbank if capital increase needed

Emirates NBD Group CEO Shayne Nelson said the bank would support Turkey’s Denizbank if it needed a capital increase, as the Dubai-based lender completed the purchase of Denizbank on Wednesday. …
( read original story …)


Posted on 01/08/2019

Dubai’s luxury properties now more within reach

The luxury property market in Dubai is proving to be more resilient, witnessing increased transactions due to a persistent decline in prices making such properties more affordable plus developers less …
( read original story …)


Posted on 01/08/2019

Birth rate in Abu Dhabi increases by 34% in 10 years – News |

(MENAFN – Khaleej Times) The number of live births registered in Abu Dhabi over the past ten years has increased by 34 per cent, with 38,285 babies born in 2018, compared with 28,456 in 2008. …
( read original story …)


Posted on 01/08/2019

UAE Jiu-Jitsu athletes clinch 23 gold medals in Abu Dhabi Grand Slam Tokyo – News |

(MENAFN – Khaleej Times) In a landmark victory, the UAE Jiu-jitsu team clinched 56 medals on the opening day of round two of the fifth Abu Dhabi Grand Slam Tokyo, held at the Ota Gymnastic Hall in …
( read original story …)


Posted on 01/08/2019

Meet ‘Lucky’ the Abu Dhabi dancing street cleaner who went viral

Abu Dhabi: Lucky, the dancing street cleaner, has told Gulf News that he often busts a move while on the job because he is just happy to be living and working in the UAE. “Back home in Nigeria …
( read original story …)


Posted on 01/08/2019

PM Imran calls Abu Dhabi prince Sheikh Mohammed to discuss regional situation

PM Imran thanked the Abu Dhabi prince for releasing 700 Pakistani prisoners in Ramadan. ISLAMABAD (Dunya News) – Prime Minister Imran Khan on Wednesday phoned Sheikh Mohamed Bin Zayed Al Nahyan, Crown …
( read original story …)


Posted on 01/08/2019

Ministry of Finance, Etisalat sign deal on e-Dirham

Dubai: The UAE’s Ministry of Finance announced it signed an agreement with Etisalat to provide e-Dirham services on the telecom provider’s official portal. The deal is part of the Ministry’s …
( read original story …)


Posted on 01/08/2019

UAE Central Bank follows US in lowering interest rate

Abu Dhabi: The UAE Central Bank has announced it will lower interest rates applied to the issuance of its certificates of deposits in line with the decrease in interest rates on the US dollar …
( read original story …)


Posted on 01/08/2019

UAE takes part in 9th international meet on Mars

The UAE has participated in the ninth International Conference on Mars and the 37th Meeting of the Mars Exploration Programme Analysis Group, MEPAG, held recently at the California Institute of …
( read original story …)


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