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Posted on 05/07/2017

E-City brings the world’s best sound experience to Dubai

has announced the Dubai release of the latest range of wireless speakers from Devialet’s Phantom Speaker Line — Gold, Silver and White. The inclusion is the part of E-City’s 2017 agenda of expanding exceptional range and in providing its customers with …
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Posted on 05/07/2017

Sheikh Mohammed unveils Dh5bn Emirates Towers Business Park

Sheikh Mohammed made these remarks at the launch of the AED5 billion Emirates Towers Business Park project. His Highness was accompanied by Deputy Ruler of Dubai and President of Dubai International Financial Centre H.H. Sheikh Maktoum bin Mohammed bin …
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Posted on 05/07/2017

Economic slowdown likely to hurt Qatar’s banking sector asset quality

Dubai: The recent sanctions on Qatar by a group of states led … “Weaker economic activity could lead to deteriorating asset quality in the banking system and together with an escalation involving sanctions against the financial sector could necessitate …
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Posted on 05/07/2017

Dubai’s Emirates says US has exempted it from laptop ban

DUBAI, United Arab Emirates – Dubai-based Emirates airlines says the U.S. has exempted it from a ban on laptops in airplane cabins. The Middle East’s biggest long-haul carrier said in a statement Wednesday that new security measures were in place and the …
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Posted on 05/07/2017

End-users, not investors, drive Dubai property market

The Dubai property market has shifted from being mainly investor-led to a more mature end-user dominated market. A strong US dollar and weak oil prices are making Dubai property more expensive to investors from traditional source markets such as Russia …
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Posted on 05/07/2017

Dubai’s Emirates, Turkish Airlines off US laptop ban list

Emirates and Turkish Airways said on Wednesday they have also been exempted from a U.S. ban on laptops in airplane cabins, joining Etihad in satisfying American security concerns that had cut into the long-haul carriers’ business. It remains unclear how …
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Posted on 05/07/2017

Dubai’s new solar calculator app will help slash Dewa bills

Are you reeling under a ‘power shock’? And wonder how you can tap solar energy to reduce your zooming electricity bills in Dubai! Dubai Electricity and Water Authority (DEWA) has now made it easier for you to install rooftop solar panels. It has launched …
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Posted on 05/07/2017

Need help in calculating your roof’s solar potential?

Dubai: Have you thought of switching to solar power but changed your mind because you’re uncertain about your rooftop’s solar potential? If a lack of relevant information is what’s hindering you from tapping on to solar power, the Dubai Electricity …
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Posted on 05/07/2017

Short on down payment to finance your property in Dubai?

Since the implementation of the UAE Central Bank’s mortgage cap in 2013, buying a property has become harder. The mortgage cap required buyers to put down larger deposits against new purchases. This has had a big impact on first time buyers but as expected …
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Posted on 05/07/2017

GEMS Education reportedly weighing up IPO valued at $4bn

The Dubai-based international schools giant GEMS Education could be gearing up for an initial public offering valued at as much as $4bn and as early as next year, it has been reported. GEMS Education could launch an IPO as soon as next year, sources have said.
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Posted on 05/07/2017

Dubai’s Emirates tries to tail Abu Dhabi off laptop ban list

ABU DHABI, United Arab Emirates (AP) — At Abu Dhabi International Airport, travelers bound for the United States on Tuesday enjoyed something many others flying out of the Middle East can’t — walking onto an airplane with their laptop. But what has …
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Posted on 05/07/2017

Emirates, Turkish Airlines try to join Etihad off laptop ban

ABU DHABI, United Arab Emirates — At Abu Dhabi International Airport, travellers bound for the United States on Tuesday enjoyed something many others flying out of the Middle East can’t — walking onto an airplane with their laptop. But what has …
( read original story …)


Posted on 05/07/2017

Qatari property investors keen to offload assets in UAE

Investors from Qatar and Kuwait cumulatively accounted for Dh2 billion worth of property transactions in Dubai last year, according to the Dubai Land Department. “The majority of our Qatari clients are in a state of confusion as to what to do. Some have …
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Posted on 05/07/2017

Dubai Investments in talks to acquire Union Properties’ stake in Emicool

DUBAI Dubai Investments DINV.DU said on Tuesday it is in initial talks to buy Union Properties’s UPRO.DU stake in Emirates District Cooling LLC (Emicool), in a move to take full control of the district cooling service provider. Emicool, an equally owned …
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Posted on 05/07/2017

UAE to Launch First-Ever Solar-Powered AC Bed

UAE-based Aries International Interiors said it has developed the first-of-its-kind eco-friendly and cost-effective air-conditioned bed which runs on solar energy. This innovative concept, which has been designed in association with UAE-based Aries …
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Posted on 05/07/2017

Dubai developer taps Dh524m for new mall

Dubai: The developer of Cityland Mall near the Global Village on Shaikh Mohammad Bin Zayed Road has raised Dh524 million from banks to part-finance the Dh1.2 billion development. It can avail of the funds over two years and make the repayments over a seven …
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Posted on 05/07/2017

Dubai’s Emirates working to get out from under U.S. laptop ban

DUBAI, United Arab Emirates — The Middle East’s biggest airline says it is working to implement increased security measures in response to U.S. demands to reverse a ban on laptops and other electronics onboard its U.S.-bound flights. Dubai-based airline …
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