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Posted on 07/06/2017

FMS Tech wins Dubai Taxi Corporation deal

Dubai Taxi Corporation has awarded a major contract to UAE-based Fleet Management Systems and Technologies (FMS Tech) and its business partner Technologica for supply and installation of the company’s telematics device on its limousine fleet. FMS Tech is a …
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Posted on 07/06/2017

Now sleep n fly in Igloo pods introduced at Dubai Airport; what is this innovative new facility for travellers

The Dubai airport, one of the busiest airports in the world, is getting more comfortable for travellers due to its innovative methods. Dubai International Airport has introduced innovative pods for passengers flying from there.
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Posted on 07/06/2017

Emaar to IPO real estate development business in Dubai

DUBAI Emaar Properties EMAR.DU, the builder of the world’s tallest tower, plans to offer up to 30 percent of its United Arab Emirates real estate development business in what would be the first listing on the Dubai exchange in two and a half years.
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Posted on 07/06/2017

Emaar Properties UAE Real Estate IPO

… be the largest since the Emaar Malls IPO in 2014. Subject to market conditions, the company will offer up to 30 percent of Emaar’s UAE Real Estate Development business through a share offering on the Dubai Financial Market, DFM. The funds raised …
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Posted on 07/06/2017

Qatar stabilises on valuations, Dubai’s Emaar jumps on unit’s IPO plan

DUBAI, June 7 (Reuters) – Qatari shares that are members of global emerging market benchmarks helped stabilise the bourse in early trade on Wednesday, while Dubai’s Emaar Properties jumped on news it will launch an initial public offering of its local real …
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Posted on 07/06/2017

MIDEAST STOCKS-Qatar stabilises on valuations, Dubai’s Emaar jumps on unit’s IPO plan

DUBAI, June 7 Qatari shares that are members of global emerging market benchmarks helped stabilise the bourse in early trade on Wednesday, while Dubai’s Emaar Properties jumped on news it will launch an initial public offering of its local real estate unit.
( read original story …)


Posted on 07/06/2017

Payments in UAE banking system normal, c.bank says after Qatar rift

DUBAI, June 7 Payment and remittance transactions in the United Arab Emirates financial system are operating as normal, the central bank said on Wednesday after the UAE’s diplomatic rift with Qatar caused uncertainty over some banking deals. The UAE …
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Posted on 07/06/2017

Payments in UAE banking system normal, central bank says after Qatar rift

DUBAI Payment and remittance transactions in the United Arab Emirates financial system are operating as normal, the central bank said on Wednesday after the UAE’s diplomatic rift with Qatar caused uncertainty over some banking deals. The UAE financial …
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Posted on 07/06/2017

UAE bans expressions of sympathy towards Qatar: media

or against anyone who objects to the position of the United Arab Emirates, whether it be through the means of social media, or any type of written, visual or verbal form,” Gulf News quoted UAE Attorney-General Hamad Saif al-Shamsi as saying. On top of a …
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Posted on 07/06/2017

UAE bans expressions of sympathy toward Qatar: media

the UAE-based newspaper Gulf News and pan-Arab channel Al-Arabiya reported on Wednesday. The United Arab Emirates, along with several other powerful Arab states, severed diplomatic ties with fellow Gulf state Qatar on Monday over its alleged support for …
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Posted on 07/06/2017

24-hour solar power is possible for Mena

The possibility of cheap 24-hour solar power hitting Dubai means it may dominate the region’s power markets sooner than expected. Dubai Electricity and Water Authority (Dewa) announced bids on Monday for its fourth phase of the Mohammed bin Rashid Al …
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Posted on 07/06/2017

Emaar to list UAE real estate development business in Dubai

Dubai developer Emaar has announced plans to list 30 per cent of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily distributed as dividends to Emaar’s shareholders …
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Posted on 07/06/2017

Arab nations risk gas insecurity over rift with Qatar

The UAE, which also cut ties with Qatar … In the past, gas imports were a political non-starter, but the emergence of the Saudi Aramco IPO appears to be changing this position. Heretofore, global gas trade had been the stronghold of Qatar.
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Posted on 07/06/2017

Abu Dhabi’s Al Maha Arjaan Rotana completes US$14m renovation

The completed renovation encompasses the property’s 288 guestrooms … Al Maha Arjaan by Rotana has always been an iconic hotel in Abu Dhabi. The renovation project was an important step for our owners and for Rotana to provide new levels of accommodation …
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Posted on 07/06/2017

UAE demands guarantees before mending Qatar ties

ABU DHABI: The United Arab Emirates said on Tuesday that Qatar would need to provide a “guaranteed roadmap” before it would consider mending ties. Along with neighbouring Saudi Arabia and its closest allies, the UAE severed relations with Qatar on Monday …
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Posted on 07/06/2017

Investigation into boy’s murder begins

As Gulf News reported on Tuesday, the 11-year old boy, whose body was found on the rooftop of his residential building last week was raped and murdered. Major General Maktoum Al Sharifi, director-general of Abu Dhabi Police, said the police have arrested a …
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Posted on 07/06/2017

24 private schools to hike fees in Abu Dhabi

Abu Dhabi: A total of 24 private schools in the emirate of Abu … Fernandes, mother of a fifth-grader from India, told Gulf News. Her daughter attends an Indian curriculum school, and Fernandes pays Dh18,000 in annual tuition. “She moves up a grade …
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