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Posted on 02/05/2017

UAE- Why the Blackstone trade idea was a winner

I had declined Morgan Stanley’s offer of dinner with founder Steve Schwarzman when I was the CIO of a royal investment office in Dubai during the June 2007 IPO of Blackstone. I thought the shares were grossly overvalued and refused to bid. The biggest …
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Posted on 02/05/2017

Dubai promotes its very own font as a sign of free expression. Others disagree.

“There are quite a few boundaries and limits on expression in Dubai and across the United Arab Emirates, where the news media is censored to remove criticism of the government or the coalition of royal families that controls it.” Reporting on the new …
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Posted on 02/05/2017

Merkel in UAE: Gulf states making progress on free trade deal

Abu Dhabi: Angela Merkel arrived in the UAE on an official state visit on Monday, with the German Chancellor embarking on a regional tour to boost relations with Gulf countries and push for a free trade deal. His Highness Shaikh Mohammad Bin Zayed Al …
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Posted on 02/05/2017

Dubai becomes first city in world with own Microsoft font

Dubai has become the first city in the world to get its own front, the government announced on Sunday. The type face, simply called ‘Dubai Font,’ comes in both Arabic and Latin script and will be available in 23 languages. It was created in partnership …
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Posted on 02/05/2017

Dubai Municipality offers workers welfare measures

Dubai: Dubai Municipality on Monday celebrated International Workers’ Day by honouring the best performing workers. The special ceremony to mark the occasion, organised by the Human Resources Department, was held in the City Hall of the municipality in …
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Posted on 02/05/2017

First solar-powered gas station opens in Dubai

DUBAI, United Arab Emirates — A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the service station on the city’s …
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Posted on 01/05/2017

Abu Dhabi taxi users look for alternatives

“I have to start looking for another option,” she told Gulf News. The Abu Dhabi Integrated Transport Centre announced its plans to revise taxi fares in the capital on Monday as part of an effort to enhance the quality of its services. The revised …
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Posted on 01/05/2017

Technology-savvy Dubai gets its own typographic font

Dubai has teamed up with Microsoft to become the world’s first city to have a font named after the gleaming metropolis. Dubai has teamed up with Microsoft to become the world’s first city to have a font named after the gleaming metropolis. Crown Prince …
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Posted on 01/05/2017

UAE- Financial inclusion is key to development

(MENAFN – Khaleej Times) Financial inclusion development has a socio-economic and environmental impact . April 27th was declared the Arab Day of Financial Inclusion by the Council of Arab Central Banks in 2016. This day is important for the financial …
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Posted on 01/05/2017

Salman Khan and Katrina Kaif to shoot in Abu Dhabi

Bollywood superstars Salman Khan and Katrina Kaif will make Abu Dhabi their temporary home as they spend 65 days filming their action film Tiger Zinda Hai. Plus, auditions for extras will begin soon. The Tiger Zinda Hai team will commence filming in the …
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Posted on 01/05/2017

First Abu Dhabi Bank Mulls Expanding to Saudi, CEO Tells Khaleej

First Abu Dhabi Bank is “seriously studying” expanding into Saudi Arabia, either through acquisitions or a new license, its chief executive officer told Al Khaleej newspaper. All opportunities for local and foreign acquisitions are open to the bank …
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Posted on 01/05/2017

Salman Khan and Katrina Kaif in Abu Dhabi soon

Bollywood superstars Salman Khan and Katrina Kaif will make Abu Dhabi their temporary home as they spend 65 days filming their action film Tiger Zinda Hai. Plus, a local event management company is also scouting for several hundred extras of various …
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Posted on 01/05/2017

Preparations on to airlift Eman Ahmed to Abu Dhabi, 10K medical files to be sent

Egyptian Eman Ahmed, once considered to be the ‘world’s heaviest woman’, will take a day or two to be shifted to Abu Dhabi for further treatment, said officials from Saifee Hospital. While a medical evacuation team visited Eman on Saturday …
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Posted on 01/05/2017

TechnipFMC Awarded an EPC Contract for a Sulphate Reduction Plant in Abu Dhabi

TechnipFMC has been awarded by Zakum Development Company an Engineering, Procurement and Construction contract (EPC3 project) for a sulphate reduction plant on West Island located offshore Abu Dhabi, United Arab Emirates (UAE). The objective of the EPC3 …
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Posted on 01/05/2017

Abu Dhabi Book Fair’s cultural programme engages visitors with inspiring seminars, intriguing music

The Cultural Programme at the Abu Dhabi International Book Fair is centralised around specialised seminars, highlighting the ways in which Arab artistic, intellectual and literary issues relate to the rest of the world. The unique programme features …
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Posted on 01/05/2017

World’s heaviest woman Eman Ahmed’s shifting to UAE from Mumbai delayed

As per reports, Eman’s shifting from Mumbai’s Saifee hospital to Abu Dhabi’s Bhurjeel Hospital has been delayed by a day or two. New Delhi: Eman Ahmed, once considered the ‘world’s heaviest woman’, may not leave India for UAE for her further treatment on …
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Posted on 01/05/2017

AED 613 million in net foreign, corporate investments at UAE stocks during April

Net foreign and corporate investments at UAE stock markets surged to AED 613 million during April 2017 despite the relative volatility of some stocks over the past four weeks. The increasing liquidity is attributable to the hike in foreign purchases …
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