DUBAI (Reuters) – Citigroup (C.N) plans to boost the United Arab Emirates’ role as an offshore booking center and is working towards a full banking license in Saudi Arabia, helping to propel its regio…
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Emirates NBD introduces Friday banking
Emirates NBD has announced the introduction of Friday banking at three of its popular mall branches — Dubai Mall, Mall of the Emirates, and Mirdif City Centre. Customers now have the flexibility …
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Emirati, expat launch new guidebook on UAE culture
Dubai: Everything you want to know about Emirati culture is now out in a new book. ‘UAE 101’, jointly written by an Italian journalist and an Emirati writer is filled with a raft of curious …
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Dubai Properties & Magna Global win at MENA Search Awards
Dubai Properties and Magna Global showcased the power of performance and measurement media by winning the award for ‘Best Use of Search in Real Estate & Property’ at the 2018 MENA Search Awards. The m…
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Dubai’s GITEX Shopper opens with tech deals galore
DUBAI: GITEX Shopper’s hall doors opened on Tuesday with a queue of customers eagerly waiting to get their hands on the latest technologies at jaw-dropping prices. The retail exhibition, located at Du…
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Rupee sinks to record low, now INR20 per UAE dirham
Dubai: The Indian rupee continued to take a beating from the US dollar on Tuesday and has now fallen to a record low against the UAE dirham. As of 9:46 am, the Asian currency was valued at INR20 …
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Visited by His Highness Sheikh Mohammed bin Zayed and Rulers of the UAE and More Than 110 Thousand Visitors
ABU DHABI, United Arab Emirates — The Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX) 2018 concluded on Saturday September 29th its 16 th Edition, which celebrated the …
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Abu Dhabi to open 2019 World RX season
“Yas Marina Circuit is proud of its long track record of hosting thrilling internationally acclaimed motorsport races that attract fans from across the globe to Abu Dhabi and we are delighted to welco…
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Five things to know about the solar power serving the public in the UAE
Petrol stations: Last week, ENOC announced the opening of five new solar-powered petrol stations in Dubai, taking the number to 122. The new stations are located in Hatta, Oud Muteena, City of Arabia …
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Abu Dhabi Foreign Trade In Goods Accounts For 12.8 % Of 2017 GDP
Abu Dhabi’s foreign trade in goods accounted for 12.8% of the GDP in 2017, according to the Statistical Yearbook of Abu Dhabi 2018, released by the Statistics Centre – Abu Dhabi (SCAD) Monday. Reflect…
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Revealed: new ‘riviera’ project planned between Dubai, Abu Dhabi
Property developer Imkan has announced AlJurf, a fully integrated second-home destination along Sahel Al Emarat, the riviera situated in Ghantoot between Abu Dhabi and Dubai. Construction on the 370-h…
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Live: Dubai’s biggest property show Cityscape begins
9.30am: Dubai’s biggest property exhibition, Cityscape opens today amidst a stagnant phase in the emirate’s real estate industry. The value of property transactions in the first half of the …
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MENA Finance Firms Spend $155 Billion in Digital Disruptive Technologies
The UAE, and Dubai in particular … CEO and Co-Founder of Block Gemini said that “blockchain is going to play a key role in the success of financial companies in the near future. The world banking se…
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UAE’s property market focuses on the right numbers
Dubai: Forget for a moment all the talk about market slowdowns and weak sentiments and focus on just two numbers. In the year to end August, Dubai pulled in 9,500 investors who were acquiring a …
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LuLu Group: UAE moves towards a progressive future
As you are aware, we started our business in the UAE. Over decades of serving the retail community here, I am proud to say that we are the largest home-grown retail brand and have strongly …
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Noor Bank: Blockchain to transform trade finance in the UAE
Blockchain has the potential to transform trade finance in the UAE with faster shipping and settlement as well as a reduction in transaction costs, according to a new report by Noor Bank, launched at …
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What does a higher interest rate mean for UAE consumers?
This is because when the Fed raises rates, the Central Bank of the UAE generally adopts the same policy, which in turn impacts rates on a variety of personal finance products, from loans to savings an…
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