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Posted on 08/08/2017

Missed UAE partial lunar eclipse? Watch it here

Dubai: If you are one of those who have always marvelled at celestial spectacles, you should have kept an eye on the night sky on Monday night — when a partial lunar eclipse happened. A partial lunar eclipse occurs when the earth moves between the sun …
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Posted on 08/08/2017

Dubai reunion for Indian siblings from Himalayan villages on Raksha Bandhan

The Shiva temple in Bur Dubai witnessed a heavy rush of devotees, said Prakash Chhabria, the head priest. “Around 1,500 people had come to the temple in the morning hours. They prayed for their brothers and tied the rakhis,” he told Gulf News.
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Posted on 07/08/2017

EFCC arrests Dubai-bound Nigerian with 849 ATM cards

The Economic and Financial Crimes Commission has arrested a Dubai-bound Nigerian … Operatives of the Commission discovered that the suspect had 490 Guaranty Trust Bank ATM cards, 287 of Access Bank, 49 of Eco Bank, 10 of UBA, six of Stanbic IBTC Bank.
( read original story …)


Posted on 07/08/2017

New cryptocurrency launches in Dubai, backed by real economic activity

Dubai: Farad, a Malaysian company … operating independently of a central bank. Bitcoin is the most famous example of a cryptocurrency. In simple terms, an investor will purchase a Farad cryptoken, which will be backed by the manufacturing of state …
( read original story …)


Posted on 07/08/2017

EFCC arrests Nigerian traveling to Dubai with 849 ATM cards

He was reportedly preparing to board an Egypt Air flight heading for Dubai, United Arab Emirates … It was discovered that the suspect had 490 Guaranty Trust Bank ATM cards, 287 of Access Bank, 49 of Eco Bank, 10 of UBA, six of Stanbic IBTC …
( read original story …)


Posted on 07/08/2017

UAE’s Oil Firm ADNOC To Split Offshore Concession

The Abu Dhabi National Oil Company (ADNOC), the state-held oil company of the United Arab Emirates (UAE), said on Monday that it would split its existing offshore oil concession into two or more concessions with new terms, and the company is in advanced …
( read original story …)


Posted on 07/08/2017

When Katrina Kaif watched ‘Jab Harry Met Sejal’ in Abu Dhabi

Gulf News tabloid! learnt that Kaif’s team purchased 11 tickets … and its fun portions like Kaif doing push-ups in Morocco, the team were anchored in Abu Dhabi for several weeks in May. They are back now to film the remaining portions.
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Posted on 07/08/2017

Fäm Properties tops $353.9m in City Walk residential sales

Fäm Properties, a leading real estate brokerage in Dubai, has topped Dh1.3 billion ($353.93 million) in residential property sales at City Walk, the new destination developed and managed by Meraas in the heart of Jumeirah, Dubai. Fäm Properties CEO Firas …
( read original story …)


Posted on 07/08/2017

Real estate leads economic activity in Dubai

The real estate sector has grown into a significant component of the economy in Dubai and the number of companies engaged in real estate and related activities in Dubai has now reached 8,011, including more than 680 real estate developers. According to the …
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Posted on 07/08/2017

Lootah Real Estate, Dubai South in JV deal

Lootah Real Estate (LRE) and Dubai South have entered into a joint venture to develop residential units in the Dubai South residential district. The agreement calls for the phased development of approximately 1.1m sq ft of property. “Winning such a …
( read original story …)


Posted on 07/08/2017

Dubai Investments Real Estate signs $300m deal for Mirdif Hills

DUBAI: Dubai Investments Real Estate Company LLC [DIRC] has signed an 1.1 billion dirhams ($300 million) financing deal with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB) for its Mirdif Hills development. Mirdif Hills is being developed …
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Posted on 07/08/2017

Abu Dhabi plan is a boon for low-income families

An editorial published in Gulf News today said that authorities in Abu Dhabi Municipality are to be commended for the new measures they have introduced to ensure that low-income families and bachelors in the city benefit from a new scheme to ensure rents …
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Posted on 07/08/2017

Abu Dhabi opens court for cases related to tourists

The Abu Dhabi Judicial Department has opened a court and prosecution for cases related to tourists who visit the emirate, official news agency WAM reported. The court, located at the Abu Dhabi International Airport, is aimed at fast-tracking cases related …
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Posted on 07/08/2017

New York wants Saudi Aramco and other Gulf IPOs: Top NYSE official

DUBAI: The New York Stock Exchange … which is believed to be looking to raise up to $100 billion next year in the biggest IPO in history, he made it clear that NYSE wants to stage the Aramco IPO, and has already had talks with the Saudi giant.
( read original story …)


Posted on 07/08/2017

Breaking this traffic rule caused over 21,000 accidents in Sharjah

Dubai: There are a number of traffic violations that could land a driver in serious trouble. But one has essentially become the main cause of accidents in Sharjah. Statistics issued by the traffic and patrol department at Sharjah Police has revealed that …
( read original story …)


Posted on 07/08/2017

Sharjah police report 122 injuries in traffic accidents during first half of 2017

according to Sharjah 24 news site. Also, 21,805 violations were issued due to a failure to leave enough distance between vehicles. Out of this, 44 accidents resulted in injuries. Non-road violations and the use of phones while driving led to 11,523 …
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Posted on 07/08/2017

Know your legal rights in the UAE

We have been running a business consultancy company in Sharjah since 2013. Our company was blacklisted … Readers may e-mail their questions to: news@khaleejtimes.com or send them to Legal View, Khaleej Times, PO Box 11243, Dubai.
( read original story …)


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