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Posted on 04/01/2017

Dubai Police’s ‘Report A Crime’ receives 6,669 reports

Dubai: More than 6,669 reports were made through the ‘Report A Crime’ service offered by Dubai Police throughout 2016, showing a 10 per cent increase compared to last year, a senior officer said on Wednesday. The crimes were reported through the Dubai …
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Posted on 04/01/2017

Dubai to build the Middle East's largest marina

As well as increasing tourism in Dubai, it is anticipated that the project will create new employment opportunities and substantial investments. This announcement is pretty great news if you own a neighbouring property, as it’s likely to increase its value.
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Posted on 04/01/2017

Video: How Dubai's newest megaproject looks like

Dubai: The Dubai Media Office has released a two-minute video of what you can expect from Dubai Harbour once the megaproject is completed. The video, which was posted online on Monday, reads: “A world-class waterfront destination that adopts a culture of …
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Posted on 04/01/2017

Dubai Billionaire Hussein Sajwani Ready to Do More Deals With Trumps

“We haven’t discussed anything,” he told NBC News, adding: “I would love to enhance the relation with the Trump Organization.” Sajwani is close to the emir of Dubai, and other Trump business partners abroad sometimes have ties to the heads of state in …
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Posted on 04/01/2017

Dubai arrests Indian businessman for fraud

DUBAI: The Indian owner of a Dubai-based foreign exchange trading firm who had promised to double investors’ money has been arrested in the emirate for suspected fraud, a newspaper reported yesterday. Sydney Lemos, 36, from Goa, had been arrested on Dec …
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Posted on 04/01/2017

Dubai International sees passenger numbers grow in November

Passenger traffic at Dubai international registered an increase of 9.4 per cent in November 2016, according to the monthly traffic report issued today by operator Dubai Airports. The airport welcomed a total of 6,581,805 passengers in November compared to …
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Posted on 04/01/2017

Dubai World Cup Carnival starts with Round 1 of Al Maktoum Challenge

The 11-meeting 2017 Dubai World Cup Carnival starts Thursday night at Meydan Racecourse, where Round 1 of the Al Maktoum Challenge headlines a seven-race card. There are Carnival cards every Thursday night at Meydan this week through Feb. 23, followed by …
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Posted on 04/01/2017

Dubai: SMMC to hold one-day indoor sports event on Feb 17

Dubai, Jan 4: St Mary’s Mangalorean Community (SMMC) Dubai has announced this year’s first mega event ‘SMMC Sports Cup – 2017’. A friendly, one-day indoor cricket and throwball tournament will take place at the Sprite Insportz Sports Club Dubai on …
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Posted on 04/01/2017

Dubai Islamic Bank sells stake in Jordanian bank

DUBAI Dubai Islamic Bank DISB.DU (DIB), the largest Islamic bank in the United Arab Emirates, has sold its stake in Jordan Dubai Islamic Bank, it said on Wednesday, as it chases growth in fledgeling Islamic banking markets. The Jordanian bank has …
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Posted on 04/01/2017

UAE Abu Dhabi team reveals its new colours

The UAE Abu Dhabi team has revealed its new colours and ambitions for the future at a presentation in Abu Dhabi. Rui Costa, Louis Meintjes, Filippo Ganna, Matej Mohoric, Andrea Guardini and UAE rider Youssef Mirza were at the presentation and showed off …
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Posted on 04/01/2017

Akin Gump promotes 10 to partnership

Fadlallah leads the firm’s international trade practice in Dubai. He focuses his practice on the application … He provides counselling to private equity funds, hedge funds, institutional investors and portfolio companies on a variety of financing …
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Posted on 04/01/2017

Dubai Real Estate: A Rising Investment

Dubai could be considered the New York of the Middle East, with towers equipped with luxury amenities and superior business facilities. The deeper-pocketed property market is dominated by Indians, Pakistanis, and British––in that order. The United Arab …
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Posted on 04/01/2017

Abu Dhabi, hurt by low oil prices, backdates new rental fees

DUBAI, United Arab Emirates – A state-owned newspaper in Abu Dhabi is reporting the emirate’s new charge on foreigners renting homes will be backdated to February of last year — meaning a big initial bill for new tenants. The decision, reported …
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Posted on 04/01/2017

Abu Dhabi backdates new municipality fee payments for renters to February

Read: Abu Dhabi introduces 3% tax on expat property rentals It was first announced in the February 2016 edition of the Official Gazette and reported on in April but few expected the fee to be backdated after being introduced. The backdating terms mean that …
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Posted on 04/01/2017

UAE Tech Duo's 'Bridg' Offers Bluetooth Route To Smarter Mobile Payments

Although UAE is seeking to position itself as a hub for innovation, financial technology startups have not been able to attract attention due to lack of investment and regulatory hurdles. No wonder then most fintech startups jumping on the bandwagon have …
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Posted on 04/01/2017

Shaikh Mohammad Bin Rashid launches Emirates Food Bank

Vice-President and Prime Minister of the UAE and Ruler of Dubai, launched the Emirates Food Bank as a humanitarian foundation that aims to inculcate the values of generosity and offering food, establishing Dubai as the region’s first city in achieving …
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Posted on 04/01/2017

UAE Food Bank lends new meaning to Year of Giving

The UAE Food Bank is an ambitious project that will ensure no child or adult goes to bed on a empty stomach. There are about 795 million people in the world who do not have enough food to lead a ”healthy, active” life. The World Food Program says one in …
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