The hoverbike concept, developed by Russian company Hoversurf, was unveiled at Dubai’s Gitex Technology week. The bike “passed successful tests in extreme conditions – dust and heat” said its manufacturers, who released a YouTube video of it in action.
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Mid-flight horror as Etihad Airways flight from Abu Dhabi makes emergency landing in Adelaide after cabin fills with smoke
An Etihad flight from Abu Dhabi made an emergency landing in Adelaide after the cabin’s smoke detector went off. The EY450 flight was bound for Sydney before it made the emergency landing at about 4.50am Saturday. More than 300 passengers were taken …
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Solar Energy Crucial in UAE 2050 Energy Strategy Plan
Not long ago did His Highness Sheikh Mohammed bin Rashid Al Maktoum unveil the UAE’s energy strategy for the next three decades. The UAE Ministry of Energy plans to increase the contribution of clean energy in the total energy mix to 50 percent that will …
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Coming to a movie theater near you: Dubai destroyed, again
As a mammoth wave from the Persian Gulf rises up to drown fleeing beachgoers and wash over downtown Dubai and the world’s tallest building, you can be forgiven for thinking you’ve seen this all before. The coming film “Geostorm” marks just the latest movie …
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Abu Dhabi Ports Hands Out Saudi Discount
United Arab Emirates port operator Abu Dhabi Ports has announced new special terms for Saudi Arabian nationals looking to invest in the industrial park and free zone adjacent Khalifa Port. Saudi Arabaian nationals can now apply for discounts on rent of …
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Dubai Economy, VFS extend e-services pact
the Emirates official news agency. The agreement is part of the Dubai Economy strategy to enhance ease of business and save time for investors, thereby advancing Dubai’s competitiveness ranking in the Doing Business Report of the World Bank. VFS Global …
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Brit jailed in Dubai for touching man’s hip could be allowed home after complaint dropped
A British man arrested for public indecency in Dubai could be allowed to return home, his lawyers have said, after the complaint against him was dropped. Jamie Harron, 27, from Stirling, was facing up to three years in jail after touching a man’s hip in …
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Why the UAE is leading the charge into Africa
Dubai is one of the few places able to facilitate business and logistics for the emerging African middle class, especially in Kenya, Nigeria, and South Africa. Challenge or opportunity? “From aviation, to food security, to humanitarian assistance …
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What do the numbers say about the Kuwaiti banking system?
Read: INSIGHT: Unveiled Qatar Billions to Underwrite Banks According to a recent study by the First Abu Dhabi Bank, the UAE’s banking system comprising of 48 banks affords great financial solvency and reaps the fruits of an open economic and financial …
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Qatar crisis sends tremors through banking in the Gulf
Officials concede that Dubai cannot disentangle itself from the UAE’s role in the embargo. The UAE central bank ordered lenders in the federation to impose enhanced due diligence measures on six Qatari lenders. The DIFC’s regulator has also told …
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UAE stops issuing visas to North Koreans, ends diplomatic missions
The UAE Ministry of Foreign Affairs announced that the UAE has decided to stop issuing new visas to North Korean citizens and has stopped issuing licenses to North Korean companies. It has also decided to end the mission of the UAE’s non-resident …
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UAE terminates North Korean diplomatic mission, ends visas
The United Arab Emirates is ending the mission of North Korea’s non-resident ambassador and terminating its own envoy’s services in Pyongyang, its Foreign Ministry said in a statement on Thursday carried by state news agency WAM. The UAE will also stop …
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UAE investors get chance to own a slice of Pakistan
(MENAFN – Khaleej Times) Pakistan Property Show, lining up more than 50 exhibitors showcasing a wide array of realty investment options, will be held at Za’abeel Hall 5 of the Dubai World Trade Centre on October 20-21. The show will provide overseas …
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Money & Me: ‘We took out a 100 per cent mortgage on our first property’
How did you end up in the UAE? I originally came to the Middle East following my … Most of my savings are in property investments abroad. I set these up when I had a more regular salary, as a buffer, before I took creativity on as a career.
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This time, the Gulf IPO wave looks likely to make it ashore
That could happen as a soon as next month, with a suggested market capitalization in the region of $6 billion and an IPO value of around $2 billion. The cash will be used mainly to pay dividends, with the government of Dubai a prime beneficiary from its 29 …
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How FM companies are preparing for the UAE’s nuclear age
solar, and other renewables. The facility will put the UAE on the global map, accentuating the nation’s relentless drive to diversify its energy resources and heed environmental needs while generating clean fuel. In a short span of time, the UAE has come …
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Dubai Wants to Replace Airport Security With Face-Scanning Fish
Dubai, never a city to shy away from outlandish ideas, wants to replace the stress and hassle of airport security lines with a virtual aquarium capable of scanning your face. We all hate going through security at the airport. There’s the family in front …
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