He also noted that there are authorities responsible for posting news that are based on facts. Al Nuaimi added that authorities are monitoring social media sites that could harm the general public, while affirming that the Abu Dhabi Police, through its …
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Gold prices rise, 24k priced at Dh160 in Dubai
Meanwhile, 24k gold is priced at Dh160.50 and 22k can be bought at Dh150.75 in Dubai. After falling in the past three … eased 0.2 percent to 89.988. Hedge funds and money managers increased their net long positions in COMEX gold contracts in the …
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Emirates Institute for Banking and Financial Studies joins forces with KPMG
This initiative was formalized and agreed upon by Jamal Al Jassmi, General Manager of EIBFS, and Emilio Pera, Partner – Head of Financial Services, KPMG Lower Gulf Limited, at the EIBFS campus in Dubai. As part of the agreement, EIBFS and KPMG will offer …
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19-year-old Emirati dies in horrific car, truck collision in Sharjah
A young Emirati man has died in a horrific car-truck collision in Sharjah on Saturday. The accident took place in Sharjah’s Dhaid city on Mahafez street, Emarat Al Youm reported. The 19-year-old died on the spot while his friend, who was in the passenger …
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Caution: Winds to whip up dust, sand in UAE
Dubai: A blanket of dust and sand is expected to sweep across the UAE this week, according to national weather forecasters. The National Centre of Meteorology (NCM) said that strong northwesterly winds will blow over the sea and into the country, which …
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Dubai’s Success Accelerates Global Cleantech Adoption
… Agency (Dubai FDI), an agency of the Department of Economic Development (DED), and Dubai Science Park (DSP), the holistic science-focused business community, joined hands to promote current and emerging investment opportunities in Dubai at the GLOBE …
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Dubai Police take action against 5 people over fake social media posts
The legal action follows a complaint filed by Kalyan Jewellers LLC before the Dubai Public Prosecution against spreading fake videos and false news on social media. Dubai Police is working closely with the cybercrime department and is actively pursuing …
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UAE startups lead Mena region in investment
The UAE has retained the major share (70 per cent) of investments followed by Saudi Arabia and Lebanon with 9 per cent and 7 per cent, respectively, making the emirate the most promising investment hub in the region. “We have identified several technology …
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ADM completes phase one of Al Zahiyah project in Abu Dhabi
Abu Dhabi Municipality has said that its department of urban planning and municipalities, in collaboration with strategic partners, including Musanada, has opened a vital street, thus marking the completion of Phase One of the development of the Al Zahiyah …
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4 arrested in UAE for drag racing video
Dubai: Police arrested four men over the weekend after videos of their reckless and dangerous driving were posted on social networking sites. Abu Dhabi Police said the incident took place in Al Ain City, and the videos soon went viral on social media …
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Abu Dhabi Municipality Continues Transfer of Property Units to Owners
The Abu Dhabi City Municipality (ADM) is continuing the transfer of property units to owners in implementation of the Real Estate Law No (3) for 2015. The move reflects the Municipality’s keenness to stabilise & revitalise the real estate market, protect …
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Pick up in loan growth signals better profit outlook for UAE banks
The UAE Central Bank of UAE data for February show solid credit growth with the gross credit growth expanding by 0.5 per cent month on month in February after seeing growth of the same magnitude in the previous month. This is a significant improvement …
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HSBC gears for new retail banking push in the UAE
Dubai: Global banking giant HSBC, with a focus on the premium segment of the consumer banking business is looking to expand its retail lending, liabilities and wealth management business to a wider audience. “We are looking at the full corporate employee …
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Rolls-Royce Motor Cars Abu Dhabi Offers Unmatched Service Package
Abu Dhabi Motors, the sole dealer for Rolls-Royce Motors Cars dealer in Abu Dhabi and Al Ain and the ‘Top Dealer in the Middle East and Africa’ introduces an unrivalled ownership 9-year service package. Now included as an option during purchase …
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Danube Properties Delivers Dh350 Million Glitz Residences 3 With 354 Apartments
Danube Properties, a major Dubai-based property developer, today announced the delivery of its third project, Glitz Residences 3 at Dubai Studio City. With a development value of Dh350 million, the project contains 354 residential units including studio …
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Why you should keep investing in Dubai
After its initial boom, when the Dubai property market plummeted into its recession between 2007 and 2010 it took some time for investors to regain confidence in Dubai as a safe destination for property investment. Scores of residents and foreign investors …
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Thunder Snow wins Dubai World Cup by over 5 lengths
Thunder Snow stormed past race favorite West Coast to complete a stunning night for local stable Godolphin in the Dubai World Cup on Saturday. Beneath Belgian jockey Christophe Soumillon, Thunder Snow triumphed by more than five lengths. It was the fourth …
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