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Posted on 09/04/2018

Dubai expat surprised to see balance fees after leaving account idle for years

Dubai: It was about five years ago when M.A. an expatriate in … since he has forgotten his password. When contacted by Gulf News, National Bonds said it is not in a position to comment on individual cases. However, the company maintained that customers …
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Posted on 09/04/2018

UAE throws open FDI gates for investors

Preliminary results from the International Institute of Finance say FDI inflows to the UAE rose to $11 billion (Dh40.39 billion) in 2017 and won a 22 per cent share of investments made in the Middle East and North Africa. Within a smaller geography …
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Posted on 09/04/2018

‘Chance of light rain’ in UAE

Dubai: The eastern parts of the UAE and its islands will be affected with some rainfall on Monday, according to weather forecasters. The National Centre of Meteorology (NCM) said the weather will be partly cloudy and dusty at times, although a significant …
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Posted on 09/04/2018

Enormous Saudi Arabian solar push could lead to new Middle East energy era

If we covered the entire land surface of the emirate of Dubai with solar panels, it would generate about 200 gigawatts – the same size as Saudi Arabia’s planned solar power venture with Japan’s SoftBank, announced at the end of March. This …
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Posted on 09/04/2018

AI to slash costs of UAE highway infrastructure projects, says minister

Al Nuaimi added that the ministry “is determined on continuing in applying the latest international technologies and best practices … receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Posted on 08/04/2018

UAE’s Kanoo Group open to unit IPO and divestment of assets

The Kanoo Group, one of the UAE’s largest family conglomerates, may opt to sell shares in some of its units in the future and is currently sifting through its assets, an exercise that may lead to divestments as early as this year, the company’s …
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Posted on 08/04/2018

Top five health concerns plaguing women the UAE

Despite abundant sunshine, 90 per cent of the UAE population suffers from Vitamin D deficiency. Alerting to the dangers of Vitamin D deficiency, US endocrinologist Professor Michael Holick in an earlier interview to Gulf News had cautioned “Vitamin D …
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Posted on 08/04/2018

Dubai splashes billions on mega projects ahead of Expo 2020

Dubai, a city state which has established itself as a regional business hub and tourism destination, has the Gulf’s most diversified economy that is not dependent on oil. The economy of Dubai, where the population of three million people is comprised …
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Posted on 08/04/2018

Dubai Culture Successfully Concludes Eighth Edition of ‘Live our Heritage’ Festival

Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has successfully concluded the eighth edition of its ‘Live our Heritage Festival’, which was held at Global Village under ‘An Eye on …
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Posted on 08/04/2018

DED: March Sees a Surge in Business Registration and Licensing in Dubai

The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate’s position as a preferred place for business startup and …
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Posted on 08/04/2018

UAE-backed forces deployed in Yemen province

UAE-backed Yemeni security units such as the Security Belt … Jawf and Marib’s Serwah region. The state-run Saba news agency said Saudi-led coalition fighter jets carried out 25 air sorties against Al Houthi targets in Qanea and Hauran regions on …
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Posted on 08/04/2018

UAE’s Kanoo Group open to IPO and divestment of assets in future

The Kanoo Group, one of the UAE’s largest family conglomerates, may opt to sell shares in some of its units in the future and is currently sifting through its assets, an exercise that may lead to divestments as early as this year, the company’s …
( read original story …)


Posted on 08/04/2018

Church praises UAE’s moderate approach

Abu Dhabi — The Coptic Orthodox Church in Abu Dhabi hailed the UAE’s moderate approach and its work to consolidate principles of tolerance, brotherliness and peaceful coexistence between different religions. The statement was made on Saturday during a …
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Posted on 08/04/2018

Emaar to waive registration fees during Dubai Property Festival

Emaar Properties will waive property registration fees for all residential and commercial sales during the upcoming Dubai Property Festival, the company announced on Sunday. Additionally, Emaar will offer special payment plans for a number of its …
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Posted on 08/04/2018

Dubai cryptocurrency firm denies Alibaba trademark infringement

DUBAI (Reuters) – A Dubai-based cryptocurrency company called Alibabacoin Foundation has rebuffed allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding (BABA.N) in a U.S. lawsuit last week. A …
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Posted on 08/04/2018

United Arab Emirates shares lower at close of trade; DFM General down 0.40%

Investing.com – United Arab Emirates equities were lower at the close on Sunday, as losses in the Consumer Staples, Real Estate & Construction and Insurance sectors propelled shares lower. At the close in Dubai, the DFM General fell 0.40% to hit a new 52 …
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Posted on 08/04/2018

Bloom Properties Announces Timely Handover of Faya Phase Four of Bloom Gardens in Abu Dhabi

Bloom Properties, a Bloom Holding business specializing in the development of integrated and sustainable communities, has announced the handover of Faya, the fourth phase of its prestigious Bloom Gardens master planned community. Sameh Muhtadi, CEO of …
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