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Posted on 09/06/2017

Dubai Plans Digital Passports Using Blockchain Tech

The Dubai government has partnered with UK startup ObjectTech … According to the startup, the system combines biometric verification and blockchain technology, and will use a “pre-approved and entirely digitized passport” to authorize passengers …
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Posted on 09/06/2017

What a solid property investment in Dubai looks like

I am about to purchase an investment property and would like to hear your opinion before going ahead. The property I am interested in buying is located in the Jumeirah Village Circle area of Dubai. It is a four-year-old, three-bedroom flat spread over …
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Posted on 09/06/2017

Qatar central bank asks for forex data as capital outflows pressure riyal

DUBAI/DOHA Qatar’s central bank has asked commercial banks to provide it with detailed information on foreign exchange trading, banking sources told Reuters on Thursday as Doha’s diplomatic rift with other Gulf states put its currency under pressure.
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Posted on 09/06/2017

Emaar to launch IPO of real estate development business by November: Al Arabiya TV

DUBAI Dubai-based Emaar Properties EMAR.DU plans to launch the initial public offering (IPO) of its real estate development business by November, Emaar’s chairman Mohamed Alabbar told Al Arabiya TV on Thursday. Emaar, whose interests span hotels …
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Posted on 09/06/2017

You can now check in and fly out of Dubai’s airport with just your phone as ID

… replace physical identification documents for United Arab Emirates residents flying out of Dubai and other airports. SEE ALSO: Facial recognition technology is taking over airports: Your face is your new boarding pass With the app, users are able to …
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Posted on 09/06/2017

Hackers broadcast home camera footage on internet, Dubai Police say

DUBAI // Foreign websites streaming CCTV footage from inside people’s homes and offices in Dubai have been shut down, police said. Poor-quality cameras and unqualified installation technicians are to blame for footage being accessible via the internet …
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Posted on 09/06/2017

Trump offers to help resolve Gulf crisis, UAE tightens squeeze on Qatar

UAE-based newspaper Gulf News and pan-Arab channel Al-Arabiya reported the crackdown on expressions of sympathy with Qatar. “Strict and firm action will be taken against anyone who shows sympathy or any form of bias toward Qatar, or against anyone who …
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Posted on 09/06/2017

Qatar keeps gas flowing to UAE despite blockade

Several Arab countries have cut diplomatic ties with Qatar in a dispute over regional security. In addition, the United Arab Emirates and Saudi Arabia have halted all road, air and sea traffic to Qatar, given Qatari citizens 14 days to leave, and banned …
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Posted on 09/06/2017

UAE president offers condolences to Iran after deadly attacks

Iran’s Revolutionary Guards blamed regional Sunni rival Saudi Arabia, a UAE ally. Riyadh denied involvement. The UAE state news agency WAM said President Sheikh Khalifa bin Zayed al-Nahayan had condemned “the horrific crime”. “His Highness Sheikh Khalifa …
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Posted on 09/06/2017

Qatar crisis: UAE threatens sympathisers with prison

Separately, UAE Foreign Minister Anwar Gargash denied that Gulf Arab states were seeking “regime change” and accused Qatar of being “the main champion of extremism and terrorism in the region”. “The government of Qatar is in denial,” he told AFP news agency.
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Posted on 09/06/2017

UAE University students growing organic food for charities

Abu Dhabi: Students at the UAE University (UAEU) have created a 500-square-metre garden on their campus to grow organic food that will be distributed to charity organisations. Organised by the university’s Architectural Engineering Institute, the …
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Posted on 09/06/2017

Charity offers free cleft palate and lip surgeries in UAE

The free surgeries will be designated for children from needy families who cannot afford the procedures, and will be performed in July, Morag Cromey-Hawke, executive director for Operation Smile UAE, told Gulf News. “We will be able to offer about 20 …
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Posted on 09/06/2017

UAE 4-0 Laos: Edgardo Bauza off to winning start as Al Mabkhout scores brace

The new UAE coach enjoyed a fine victory in his first match in charge. New UAE national team coach Edgardo Bauza won his first match in charge as Laos were dispatched 4-0 in an international friendly on Wednesday. Ali Mabkhout scored twice while Ahmed …
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Posted on 09/06/2017

UAE port eases some Qatar restrictions on oil tankers

The ban on vessels carrying the Qatari flag and vessels owned or operated by Qatar is still in place [Thomas White/Reuters] Abu Dhabi port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and …
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Posted on 08/06/2017

Emaar plans IPO of up to 30% of UAE property business

Emaar Properties, the global real estate company, has announced that it plans to offer up to 30% of its UAE real estate development business in an initial public offering (IPO), which will be the largest since the Emaar Malls IPO in 2014. In a statement to …
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Posted on 08/06/2017

Gulf firms struggle to keep Qatar business ties despite crisis

DUBAI/DOHA Banks and firms across Gulf Arab nations sought to keep business links to Qatar open and avoid a costly firesale of assets on Wednesday as a political freeze descended on the region. Many banks in Saudi Arabia, the United Arab Emirates and …
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Posted on 08/06/2017

Qatar debt rating downgraded by S&P as riyal hits 11-year low

DUBAI Standard & Poor’s downgraded Qatar’s debt on Wednesday as the riyal currency fell to an 11-year low amid signs that portfolio investment funds were flowing out of … which banks use to hedge against the risk of future moves in the spot rate, the …
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