Bahrain distressed bonds targeted by US hedge fund Greylock Capital Management … and Ruler of the Emirate of Dubai said, “At today’s Cabinet meeting, we decided to allow 100 per cent foreign ownership of companies in UAE, with a 10-year visa for …
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Classics Revisited: Cecconi’s Mayfair
The stealth-wealth locations make a classy change from the restaurant groups that wantonly follow the big money to Dubai, Abu Dhabi … the galleries of Cork Street round the corner and a hedge fund hanging from every nearby office, Cecconi’s is one …
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Corruption Currents: Ivanka Trump Receives Trademarks Days Before ZTE Move
(AP) Local cases: The founder of a hedge fund pleaded guilty in a bribery case involving a … Separately, a Maltese lawmaker wrote to Dubai regulators asking for a probe into a local company. (ToM, FT, ToM) Canadian regulators are looking at ways to …
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Single Royals 2018: Prince Hamdan and All the Other Heirs on the Market Now That Prince Harry Is Taken
The 35-year-old is the second son of Sheikh Mohammed bin Rashid Al Maktoum, who is the vice president and prime minister of the United Arab Emirates and emir, or ruler, of Dubai … he works with Wall Street hedge funds. The young Danish prince is the …
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UAE retailers rule out shortage of vegetables
Dubai: Retailers have allayed fears of a shortage of fruits and vegetables popular among the expat community of Keralites following a ban on their imports from the Nipah virus-hit Indian state. The UAE on Tuesday announced the ban on imports of fresh …
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Report: UAE activist sentenced to 10 years for online posts
The Dubai-based Gulf News reported on Wednesday that the defendant, identified as “AMS” by his initials, will also be under probation for three years after prison. Gulf News says Mansoor, who had a court-appointed lawyer, was convicted on Tuesday of …
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UAE import ban hits 100 tonnes of Kerala produce
Shortly after the ban was announced, Indian Ambassador to the UAE Navdeep Singh Suri told Gulf News that the embassy has taken up the matter with the UAE. “We have taken up the matter with the relevant authorities in the government of UAE who have …
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The Malayali Christian who built a mosque in the UAE
He landed in Dubai with just 630 dirhams in 2003 with no job and no contacts … Many people came forward to help when the news spread that I was building a mosque, but I had decided earlier itself that it would be my gift to the people, for peace and …
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UAE British schools facing science and maths teacher recruitment crisis
Schools in the UAE are finding it difficult to recruit maths, science and technology teachers due to more lucrative offers for specialists in these sectors, education institutions have said. With graduates in technology, science and chemistry in high …
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UAE non-oil GDP growth forecast at 3.9% in 2018
The UAE’s Central Bank has raised its forecast for non-oil GDP growth in 2018 to 3.9 percent from 3.6 percent, it said in a tweet on Tuesday. The stronger forecast comes as non-oil economic activity in the UAE grew by 3.1 percent in the first quarter …
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Filipino dance troupe in Dubai preserves Filipino heritage
Dubai: Preserving Filipino culture and showcasing Filipino talent are the ultimate goals of the Dubai-based Filipino folk dance troupe called Lunhaw International Performing Arts Dubai (Lipad). But getting people interested in an artistic expression that …
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Dubai Summer Surprises from June 22-August 4
Dubai Summer Surprises (DSS), the annual citywide summer celebration in the city, will return to the city from June 22 to August 4, 2018, offering a six-week extravaganza of sales, retail experiences and events. Organised by the Dubai Festivals and Retail …
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Dubai developer hails new plan to take property deals online
The CEO of a Dubai-based developer has hailed plans by Dubai Land Department (DLD) to launch a global virtual real estate platform. Muhammad BinGhatti, CEO and head of architecture at Binghatti Developers said the new smart platform, which will move real …
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KEF LS50 Wireless speakers officially launch in the UAE
KEF’s LS50 speakers are highly regarded as some of the best bookshelf blowers you can pump your tunes through, and now their much-anticipated wireless upgrade is finally available in the UAE. The KEF LS50 Wireless combine the excellent sound reproduction …
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Everything you need to know about offshore banking
For example, the Offshore Banking product offered by UAE-based bank ADCB uses the island of Jersey, thanks to its independently administered jurisdiction and comprehensive laws and regulations to protect its financial services industry. The account comes …
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UAE Embassy gives away free apartment for Ramadan
Dubai: A family’s prayers were answered this Ramadan with the gift of a brand new apartment. The flat was provided to the Egyptian family under the directives of President His Highness Shaikh Khalifa Bin Zayed Al Nahyan, and His Highness Shaikh Mohammad …
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What makes Dubai a 5-star real estate investment destination
The Dubai real estate sector’s growth is largely driven by foreign nationals living in the UAE and overseas investors living in different parts of the world. The Dubai Land Department (DLD) recorded 69,069 real estate transactions with a total value …
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