buy and invest in Dubai ‘ s luxury Real Estate, by paying in Crypto currency Disruptive Blockchain-startup company, Darico, has announced details of its three Proof of Concepts (POCs) for the Dubai Re…
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Dubai tops in real estate market transparency rankings
The Dubai Land Department (DLD) recently organised the “Dubai Real Estate Sector Profile” forum to announce the results of the real estate performance over the past years, and the role of data in enha…
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Construction, real estate boost Dubai GDP in 2017
Construction growth and real estate sales contributed to an upswing in Dubai’s gross domestic product (GDP) last year, according to a government report. The emirate’s construction sector grew by 3.5%, …
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Dubai authorities are launching a competitor to Uber
Uber and Careem can be a life saver in the UAE when you’re rushing between meetings or a night out with the girls, and now it seems there will be another (dare we say cheaper) option available. ALSO R…
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Dubai Creek Tower – the world’s next tallest tower
Dubai is set to be home to the world’s next tallest tower – so say hello to Dubai Creek Tower. Set to take the record of the world’s tallest building, Dubai Creek Tower will be the centrepiece of a br…
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Who Drives Electric Cars in Dubai? The Government and the Rich
(Bloomberg) — Dubai has ambitious goals for electric cars. Early adopters get free parking, no tolls and discounts on registration fees. Even the power is gratis at the 200 charging stations the …
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UAE banks’ digital drive causes upheaval in jobs market
Profits for the first nine months of the year are up by 5 percent to 1.75 billion UAE dirhams. In a press release accompanying the firm’s results, the bank’s chairman, Abdulaziz Al Ghuruair, said: “As …
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Dubai RTA, Careem launch e-hail taxi JV
Many global e-hail companies were immensely interested in teaming with the RTA as Dubai offers excellent business prospects and has a global reputation as an attractive business haven,” he noted. “Fiv…
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Revealed: Most-viewed jobs in the UAE
Four of the ten most-viewed UAE jobs in 2018 were technology-related, a LinkedIn list has revealed. The world’s largest professional network suggested that these findings underscore the UAE’s …
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UAE, GCC equities plunge; bearish trend to persist
The UAE and other Gulf equity markets plunged on Sunday following Wall Street’s poor performance on Friday due to concerns about a US government shutdown and global economic slowdown concerns. This be…
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Gross UAE bank assets surge 6% to Dh2.85 trillion
The gross assets of UAE banks surged six per cent to Dh2.854 trillion by the end of November 2018 from Dh2.694 trillion a year ago, the Central Bank of the UAE said. The banking sector’s gross credit …
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Job hunters in UAE flock to tech giants
Job hunters across the UAE gravitated towards online job listings in technology companies more than any other company in 2018, new research by LinkedIn has shown. Four of the most-viewed jobs of 2018, …
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UAE best place for religious tourism: Sikh leader
Be it mosques, churches, or Sikh or Hindu temples, “all these places of worship showcase the beauty of peace and tolerance in the UAE,” Surender Singh Kandhari, who has been living in the country sinc…
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UAE turns into a migrant hotspot
Also watch: How was the UAE founded? (Provided by Euronews) Download the Microsoft News app for your Android or iPhone device and get news & live updates on the go. Every year, thousands of migrants c…
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Why UAE needs to stimulate scale-ups
driven primarily by Dubai’s position as a regional business hub and recent increased focus on SMEs and entrepreneurship,” he said, adding that the country attracts many entrepreneurs from outside, inc…
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Abu Dhabi Bank Merger May Result in 1,000 Job Cuts
(Bloomberg) — A proposed three-way bank merger in Abu Dhabi may lead to about a thousand jobs being cut, according to three people with knowledge of the matter. Talks among Abu Dhabi Commercial Bank …
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Dubai is an ecosystem for innovation
Dubai has established itself as an ecosystem for innovation and the future economy, as well as a preferred global destination for conferences and exhibitions focused on future sectors and emerging tec…
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