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Posted on 22/02/2018

Top-seeded Svitolina beats Wang to reach Dubai quarters

Defending champion Elina Svitolina needed more than two hours to overcome Qiang Wang 6-1, 5-7, 6-2 Wednesday and reach the quarterfinals of the Dubai Championships. However, French Open champion Jelena Ostapenko’s slumped to her sixth loss in nine matches …
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Posted on 22/02/2018

Kristoff wins stage 1 of Abu Dhabi, concussion for Cavendish: Daily News Digest

Mark Cavendish started the Abu Dhabi Tour with high intentions due to his ambassador position with the race, but found himself on the deck even before the end of the neutral zone. What looked like a sudden deceleration of the lead car caused several riders …
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Posted on 21/02/2018

Hamdan Bin Rashid receives Azeri finance minister

Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, received on Tuesday evening Samer Sherifov, Minister of Finance of Azerbaijan. Shaikh Hamdan and the visiting minister exchanged a number of financial issues and means …
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Posted on 21/02/2018

Hyperloop pod set for global premiere in Dubai

Dubai: Hyperloop, a subsonic commuter tubes system capable of shuttling passengers in a travel pod from Dubai to Abu Dhabi in 12 minutes at theoretical speeds of up to 1,200km/h, will be globally premiered for the first time on Thursday at City Walk 2 …
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Posted on 21/02/2018

Dubai’s very own love-lock bridge is a huge hit

DUBAI: If you have found your true love then you may as well seal it. And there’s no better place to do that than at the newly opened Love Lock Bridge in Dubai. Just like at the famous Pont des Arts Bridge in Paris, couples visiting the Promise Bridge …
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Posted on 21/02/2018

Standard Chartered Bank, Ducab mark implementation of integrated payments solution

Head of Transaction Banking at Standard Chartered Bank, UAE. At a commemorative event at Ducab’s headquarters, Julian Wynter, Chief Executive Officer, Standard Chartered Bank, UAE said, “Delivering this solution to Ducab reaffirms the Bank’s …
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Posted on 21/02/2018

UAE Central Bank Hosts first meeting of new Higher Shari’ah Authority

In addition to a group of Central Bank’s senior officials. H.E. Mubarak Rashed Al Mansoori, Central Bank Governor, welcomed the Chairman and the Board Members of the Higher Shari’ah Authority in his opening remarks where he highlighted the objectives …
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Posted on 21/02/2018

Emirates NBD inks Unec’s Dubai project finance deal

Emirates NBD, a leading bank in the region, said it has successfully concluded financing amounting to Dh1.3 billion ($354 million) for Unec (United Engineering Construction Company) towards building work on Dubai-based property developer Nakheel’s Deira …
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Posted on 21/02/2018

United Arab Emirates shares mixed at close of trade; DFM General up 0.18%

Investing.com – United Arab Emirates equities were mixed at the close on Monday, as gains in the Banking, Real Estate & Construction and Insurance sectors propelled shares higher while losses in the Telecoms, Finance & Investment and Transport sectors …
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Posted on 21/02/2018

New Islamic economy products launched in Dubai

They key aim is to achieve a sustainable economy.” Held at Grand Hyatt Dubai, the event was attended by industry experts, innovators, and decision-makers. It was supported by Alinma Bank, Islamic Development Bank and Dubai Islamic Economy Development …
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Posted on 21/02/2018

Emirates NBD Bank : inks Unec’s Dubai project finance deal

Emirates NBD, a leading bank in the region, said it has successfully concluded financing amounting to Dh1.3 billion ($354 million) for Unec (United Engineering Construction Company) towards building work on Dubai-based property developer Nakheel’s Deira …
( read original story …)


Posted on 21/02/2018

Zabeel House by Jumeirah Al Seef opens on the banks of Dubai Creek this Spring – with a mini-version next door

Al Seef is the newest destination by Meraas, the masterminds behind The Beach, Box Park, City Walk and La Mer; a busy two kilometre promenade of shops, cafes and pop-ups on the south bank of Dubai Creek. Old meets new on the waterfront, with modern and …
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Posted on 21/02/2018

Qatar’s Commercial bank to pull out of Abu Dhabi-based UAB

… soon make public the handover its 40 per cent stakes in Abu Dhabi-listed United Arab Bank (UAB) to Tabarak Investment, also based in the United Arab Emirates (UAE), in a deal anonymous sources say could be on record in the coming months. “The …
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Posted on 21/02/2018

Abu Dhabi restaurant launches ‘pay it forward’ meals

ABU DHABI: The owners of a Pakistani restaurant Jadoon on Electra Street have launched a ‘pay it forward’ scheme to feed the needy. As part of the initiative started two weeks ago, they are encouraging customers to donate money to pay for meals for …
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Posted on 21/02/2018

Dubai Marina gets three more 24/7 supermarkets

DUBAI: Residents on Al Seba Street in Dubai Marina are spoilt for choice when it comes to grocery shopping as three new supermarkets have opened in the area in recent weeks. W Mart Supermarket in Zumurud Tower, Fresh & Care Mini Mart in Jannah Place …
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Posted on 21/02/2018

The French Connection: Alliance Française marks 35 years in Dubai

Dubai: When the famed French band Les P’tites Ouvreuses performs in Dubai next Friday, the ‘guinguette’ atmosphere quartet will mark more than just its revival of ‘Chanson française’ or the French song. Its mix of dance, popular poetry and world …
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Posted on 21/02/2018

UAE makes artificial intelligence leap

And the UAE’s AI landscape is developing at lightning speed. Abu Dhabi government-owned investment company Mubadala and tech giant IBM recently brought in IBM Watson technology to help serve MENA’s clients and build an ecosystem of partners and …
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