His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE, inspected Dubai International Airport on Sunday, accompanied with Shaikh Hamdan Bin Mohammad Bin Rashi…
( read original story …)
China’s Silk Road Fund to acquire 24% of Dubai solar project
Saudi Arabia’s ACWA Power has announced that China’s Silk Road Fund will acquire just under a quarter of the 700MW concentrated solar power (CSP) project it is working on in Dubai. The agreement was s…
( read original story …)
Little cheer for Dubai as market pain continues
Dubai: The underperforming Dubai Financial Market (DFM … in the wake of Emaar Development’s initial public offering (IPO). Now, corporate governance issues emanating from Abraaj, which has been accu…
( read original story …)
Can UAE residents’ Facebook, social media accounts be inherited?
Dubai: UAE residents can now arrange a Will to have their social media accounts, including Facebook, Instagram or Twitter, inherited by their loved ones or beneficiaries when they pass away. The Wills …
( read original story …)
Green car finance market revs up in the UAE
The green auto loan market has ramped up after two new players launched eco-friendly car finance products to encourage customers to buy hybrid or electric vehicles as part of the UAE’s 2021 Sustainabi…
( read original story …)
Noor Bank strategy to become world class Sharia bank
Dubai: Noor Bank after undergoing a recent management overhaul is working on a strategy to emerge as one among top ten contemporary Islamic banks in the world. The focus of the new team that took char…
( read original story …)
Noor Bank rolls out new proposition for the affluent
Dubai: Noor Wealth, a wealth management proposition by Noor Bank tailored to meet the personal and business financial needs of high-net-worth individuals (HNWIs), is a key pillar of the bank’s new ret…
( read original story …)
China, UAE can connect on blockchain future
The UAE and China share a passion for technology. Under President Xi Jinping’s leadership, China is implementing an innovation-driven development strategy that has western nations scrambling. Likewise …
( read original story …)
Dubai’s HBMSU to host China-UAE conference on Islamic banking in November
This year’s event is being organised under the theme, ‘The potential for participative economy and financial system: growth, development, integration, and cooperation’. The conference is strategically …
( read original story …)
UAE entrepreneurs face ongoing banking challenges, solutions proposed
A study from Dubai Chamber of Commerce and Industry (Dubai Chamber) conducted in coordination with the UAE Ministry of Economy, Council of Small and Medium-Sized Enterprises and global consultancy fir…
( read original story …)
Dubai Islamic Bank partners with Emirates Skywards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has partnered with Emirates Skywards to launch a co-branded credit card that allows users to earn Skywards Miles and receive other added …
( read original story …)
Dubai eyes stronger business and investment ties with Egypt
Dubai FDI, the investment development agency of Dubai Economy Department (DED), has moved to further strengthen Dubai’s business and investment ties with Egypt, following its meeting with high-level E…
( read original story …)
Dubai rises on bank gains; other Gulf markets mixed
RIYADH: The Dubai stock market closed on a positive note on Wednesday helped by solid gains at Emirates NBD after the emirate’s largest bank reported solid quarterly earnings, while other markets were …
( read original story …)
UAE joins hands with China to boost Silk Road project
Dubai: The leadership of the UAE has always been forthcoming in playing an important role in important infrastructure development and humanitarian projects to benefit the world. The latest example is …
( read original story …)
Meet Filipino beauty queen who made Dubai her new home
You might have seen her on the Dubai Metro or having chai at a small cafeteria in Burjuman. “I can drink chai every day… Even if it’s summer, I don’t care. I will drink my chai every day,” Filipino be…
( read original story …)
UAE aid reaches more than 132,000 in Hodeidah
Hodeidah: Since June 20, the UAE has provided 18,943 food baskets in addition to 432 boxes of mineral water to protect public health and prevent any diseases caused by non-potable water distributed to …
( read original story …)
Emaar to build ME’s largest Chinatown in Dubai
To honor Chinese expatriates in the UAE and further bolster business ties with China, Emaar will develop the Middle East’s largest Chinatown within the retail district of Dubai Creek Harbor, its six-s…
( read original story …)