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Posted on 22/06/2017

Yemen, UAE ‘run secret torture prisons’

Former prisoners, Yemeni officials and rights lawyers say the United Arab Emirates and allied Yemeni forces are running a network of secret prisons across southern Yemen where hundreds of people detained in the hunt for al-Qaeda militants have disappeared …
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Posted on 22/06/2017

UAE Food Bank receives 25 tonnes of food in two months

During Ramadan, hundreds of low-income families and labourers benefitted from surplus food donated by supermarkets and hotels through the first location of the UAE Food Bank. Since its launch back in April, the bank has received 25 tonnes of canned food …
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Posted on 22/06/2017

EDC to provide project financing for Dubai Solar Park for key contract with Canadian Solar

OTTAWA, June 22, 2017 /CNW/ – Export Development Canada (EDC) today announced USD 72 million in financing within the larger USD 655 million senior project finance banking facilities for Phase 3 of the Mohammed bin Rashid Al Maktoum Solar Park (Solar Park …
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Posted on 22/06/2017

Dubai’s solar market continues to set records

While, as observers of the region’s energy market will know, the 9.45$c/kWh bid received from Saudi Arabia’s Acwa Power is significantly higher than the sub-3$c/kWh bids received in 2016 for major photovoltaic (PV) solar projects in Dubai and Abu Dhabi …
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Posted on 22/06/2017

EDC commits $72-million in financing for Canadian Solar project in Dubai

Export Development Canada has committed $72-million (U.S.) in financing for Canadian Solar Inc.’s participation in Dubai’s massive Solar City project, as the federal corporation moves to expand its support for the country’s growing clean-technology …
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Posted on 22/06/2017

WhatsApp video, voice calls available in UAE

Dubai: WhatsApp video and voice calls went live in the UAE — quietly and no fanfare or official announcement, at first — to the pleasant surprise of mobile phone users in Dubai. Many confirmed to Gulf News they can now use the features on the popular …
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Posted on 22/06/2017

UAE warned US it could end intelligence cooperation over 9/11 victims claims

The United Arab Emirates suggested it might withdraw intelligence cooperation with the US in an attempt to block legislation allowing families of September 11 victims to sue Saudi Arabia and UAE for compensation. Leaked emails seen by the Telegraph show …
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Posted on 22/06/2017

Abu Dhabi Police save man from online blackmailers

Abu Dhabi: The Abu Dhabi Police saved a 50-year-old Gulf national from online blackmailers who demanded money from him for not posting his indecent videos on social media. The cyber criminals in a foreign country had taken the victim’s indecent videos …
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Posted on 21/06/2017

Why Dubai is embracing electric, driverless transport

That mindset has long been embraced by Dubai and the UAE in general. http://gulfnews.com/business/analysis/the-uae-s-ambitions-for-its-energy-mix-1.1963763 As half of cars rolling out of assembly lines around the world will have self-driving features in 10 …
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Posted on 21/06/2017

Taste of home: Punjabi iftar in Dubai

Dubai: Dubai resident Chaudhary Noor Ul Hassan Tanvir has foodstuff flown in from his farm in Pakistan so the family can enjoy a taste of home in Ramadan. Tanvir, who runs a construction company and heavy equipment rental business in Dubai, hails from …
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Posted on 21/06/2017

Trump’s Dubai business partner signs Oman development deal

The Trump Organization’s business partner in Dubai has signed an agreement to help develop a waterfront project in Oman valued at $1 billion. The state-run Oman News Agency reported that DAMAC Properties chairman Hussain Sajwani signed the deal in Muscat …
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Posted on 21/06/2017

“Unlawful” sukuk threaten Dubai’s Islamic finance ambitions

* Dana Gas seeking to have $700 mln sukuk declared invalid * Says Islamic finance has evolved since they were issued * Could increase perceived risk of sukuk issued in UAE * Dana seeking ruling in UAE court * Creditors would prefer English courts By …
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Posted on 21/06/2017

Aldar Properties : ADX marginally rises at Tuesday’s open

The Abu Dhabi Securities Exchange (ADX) saw a positive performance in Tuesday’s early trades. The main index rose 0.09% or 3.96 points to reach 4,495.25 points by 11:05 am UAE time. The real estate sector grew 0.66% as Aldar Properties went up 0.85%.
( read original story …)


Posted on 21/06/2017

Aldar Properties : Developer Aldar on track with Reem Island projects

Abu Dhabi-based developer Aldar is on track with the construction … which will add to the 5,000 homes already within its leased residential portfolio. [[banner]] Residential properties include The Bridges, mid-market homes featuring studios to three …
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Posted on 21/06/2017

Dubai is embracing electric, driverless transport big time

Dubai is on a roll to become one of the early adopters. It is introducing electric, driverless transport in a big way and ahead of the world’s major cities. These are the number of ways that Dubai — which lies at the heart of global fossil fuel trade …
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Posted on 21/06/2017

Dubai and Abu Dhabi turn costlier for expats

Dubai: Dubai and Abu Dhabi have moved up in the rankings for … such as limitations to certain benefits (medical insurance, for example), caps on business expenses, travel restrictions, and, ultimately, softer annual salary increases than in previous …
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Posted on 21/06/2017

Thousands of UAE residents take part in Yoga Day

Dubai: The love for yoga united thousands of residents from different nationalities and faiths at various venues across the UAE on Tuesday night. Despite the heat and humidity, men, women and children enthusiastically took part in the 3rd International …
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