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Posted on 23/03/2017

Dubai Duty Free expects $2-million sales hit from electronics ban

Dubai International Airport’s duty free operator estimates that it will lose about $2-million in sales this year from the ban on carrying most electronic devices on United States-bound flights, a senior executive said on Thursday. Under new security …
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Posted on 23/03/2017

D-Shape to bring 3D-printed buildings tech to Dubai

He claims that WinSun was behind the first 3D-printed office in Dubai using pre-fab modular construction techniques. “This technology is called 3D plotting or extrusion-based technology and it is not real 3D digital printing. Extrusion-based technology …
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Posted on 23/03/2017

Restaurant shocks Abu Dhabi inspectors

The Abu Dhabi Food Control Authority carried out a routine inspection in Chic Chicken Restaurant, and found that it failed to comply with the emirate’s health and safety code. The restaurant is located in the commercial area of Mussaffah in Abu Dhabi.
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Posted on 23/03/2017

Dubai Culture launches reading worker initiative

Dubai: Dubai Culture and Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has announced the launch of ‘Reading Worker’ — a new Dubai Public Library awareness initiative that highlights the importance of …
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Posted on 23/03/2017

World's most expensive burger sells for $10,000 in Dubai

Burger lovers lucky enough to attend the Eat Pink event at the Dubai Mall on March 14 certainly weren’t disappointed with the culinary creations. Known for its over-the-top dining and nightlife, Dubai is now also the home of a record-breaking burger that …
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Posted on 23/03/2017

Dubai harvests desert sun at vast solar plant

Dubai (AFP) – Dubai on Monday completed a solar plant big enough to power 50,000 homes as part of a plan to generate three-quarters of its energy from renewables by 2050. The 200 megawatt plant sprawls over 4.5 square kilometres (1.73 square miles) of …
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Posted on 23/03/2017

Emirates president: 'Amazing' to suggest Dubai airport is not safe

Emirates President Tim Clark said Wednesday he believed the airline’s home airport in Dubai was as safe as any other in Asia, Europe or the Americas. Speaking to CNNMoney a day after the U.S. banned passengers from bringing laptops and other large …
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Posted on 23/03/2017

Dubai Police rescue trapped motorists

Dubai: Dubai Police Search and Rescue teams rescued three motorists who were trapped in their vehicles in major accidents, Police said on Wednesday. Lt Col Ahmad Atiq Burqibah, deputy director of the Search and Rescue Department at the General Directorate …
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Posted on 23/03/2017

UAE will hold workshops to prepare businesses for the new tax system.

The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value …
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Posted on 23/03/2017

Value of UAE’s margin trading finance on bourses hits all-time high

ABU DHABI: The value of margin trading finance on UAE bourses hit Dh31 billion in January and February, an all-time-high since the inception of margin trading in 2008. The growth in the service’s financial value during the two months account for 37.3 per …
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Posted on 23/03/2017

Aldar Properties : to increase operational income to Dh2.2 billion by 2020

Abu Dhabi: Aldar Properties is planning to increase net operational income from Dh1.6 billion in 2016 to Dh2.2 billion in 2020, chairman of the company Abu Bakr Seddiq Al Khouri said at the company’s annual general meeting in Abu Dhabi on Monday.
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Posted on 23/03/2017

Aldar Properties : to further develop Yas, Reem

ABU DHABI – Aldar Properties PJSC, Abu Dhabi›s leading listed property development, investment and management company, announced Monday further details of its current investment program. This program will expand Aldar’s asset management portfolio …
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Posted on 23/03/2017

Aldar to invest $517m on Yas, Reem islands

The Abu Dhabi-listed Aldar Properties says it is to invest AED 1.9 billion ($517 million) in four new projects on Yas and Reem islands. The allocation of the recurring revenue on the projects completes a AED 3 billion investment programme, the developer said.
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Posted on 22/03/2017

Mohammad launches UAE Centennial Plan 2071 to make UAE best in the world

Abu Dhabi: The UAE Centennial Plan 2071, which aims to make the UAE the best country in the world, was launched yesterday (Wednesday) by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
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Posted on 22/03/2017

Current slowdown good for banking sector: Al Ghurair

Dubai: The current slowdown in business is good for the banking sector and UAE banks would emerge strong from these challenges, said Abdul Aziz Al Ghurair, Chairman of UAE Banks Federation (UBF) at the meeting of the CEOs Advisory Council of UBF on Wednesday.
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Posted on 22/03/2017

Man arrested for pulling dangerous stunts in Abu Dhabi

Abu Dhabi: A 19-year-old man has been arrested in Abu Dhabi for pulling dangerous stunts in his vehicle in front of a school during the rain which knocked down one man, the Abu Dhabi Police have announced on Wednesday. The man who was driving a car with no …
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Posted on 22/03/2017

UAE publishes VAT timetable; excise tax roll out in 2017

The UAE Ministry of Finance has launched the first phase of its awareness and education workshops that will prepare businesses for the new tax system that will be introduced by the end of this year, in the case of excise tax, and early next year for value …
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