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Posted on 06/05/2017

Dubai FinTech Set To Offer Gold-Backed Digital Currency

On Tuesday, Dubai FinTech company OneGram announced it would offer a gold-backed digital currency called OneGramCoin with the hopes of raising over $500 million in capital. If reached, this target would be the largest raised during an initial coin sale …
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Posted on 06/05/2017

The Gulf-Paradise Dubai offers on Viral for Indians! Here’s what you need to know!

Here comes the good news to all the Indians who plans to visit the Gulf Paradise, Dubai either for business, shopping or holiday purpose. We exclusively bring to you the news of the launch of the Visa-on-arrival for Indian citizens who simultaneously …
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Posted on 06/05/2017

UAE pays tribute to soldiers on Armed Forces’ Unification Day

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of UAE and Ruler of Dubai, expressed his thanks and appreciation to the soldiers and personnel of the UAE Armed Forces on the occasion, saying that the armed forces have …
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Posted on 06/05/2017

Abu Dhabi housing market consolidates

The real estate market in the Capital is down and prices will decline further this year, experts said during the real estate market exhibition Cityscape in Abu Dhabi. According to property consultants Cluttons, the market is in depression. Cluttons Abu …
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Posted on 06/05/2017

New Mercedes Benz showroom to be developed on Abu Dhabi’s Yas Island

Abu Dhabi developer Aldar Properties has signed a partnership agreement with conglomerate Al Fahim Group to develop a new Mercedes-Benz and AMG showroom and express service centre in Yas Island. The new 5,900 sqm showroom will be located within Aldar’s …
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Posted on 06/05/2017

Cityscape Abu Dhabi in full swing: Is property market confidence back?

New figures coming from Abu Dhabi are promising and are indicative of renewed investor interest in the emirate’s construction and real estate sector. Cityscape Abu Dhabi, the biggest property show in the UAE capital has seen a 10 per cent year on year …
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Posted on 06/05/2017

In oil-rich UAE, fuel retailer is turning to electric car chargers

“This liberation in fuel prices signalled a major shift in Enoc’s strategy. We decided to focus on our core business, which is retail,” he said. The Dubai-government owned company introduced a five-year plan to build 54 service stations by …
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Posted on 05/05/2017

UAE plans to drag an ICEBERG from Antarctica to provide drinking water for millions

The firm’s director says they have already travelled the transportation route and used simulators to check the feasibility of the scheme, according to reports in Gulf News. Speaking to the site about what he is calling the UAE Iceberg Project …
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Posted on 05/05/2017

UAE marks 41st Armed Forces Unification Day

ABU DHABI: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai, has expressed his thanks and appreciation to the soldiers and personnel of the UAE Armed Forces on the occasion of the 41st …
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Posted on 05/05/2017

Girl power to tackle cyber bullying in UAE

Dubai: The topic of cyber bullying was highlighted in a discussion … on giving talks on women empowerment on different platforms,” Al Mughairy told Gulf News. After receiving thousands of messages, many of which included negative or hate comments …
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Posted on 05/05/2017

‘Heaviest woman’ admitted to UAE hospital for treatment

The AFP news agency quoted newspapers in United Arab Emirates as saying that Ms Selim has disagreed with how the Indian doctors had treated her sister. “I asked for help (in the Emirates) after noticing the lack of progress,” she said on Thursday.
( read original story …)


Posted on 05/05/2017

Union National Bank: the future of Islamic finance

There are now around 15 Islamic banks and finance companies operating in the UAE. Across the world, Islamic finance has seen rapid growth, with assets reaching $2trn with expectations to cross the $3trn mark by 2018. This development has been driven by a …
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Posted on 05/05/2017

Standard Chartered says retail banking business in UAE picking up

DUBAI Standard Chartered’s [STANB.UL] banking business in the United Arab Emirates is performing much better than last year, helped by growing consumer confidence, the bank’s head of retail clients in the UAE said on Thursday. Banks operating in the oil …
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Posted on 04/05/2017

‘Heaviest woman’ leaves India for UAE after ‘losing 250kg’

She has left for Abu Dhabi in the United Arab Emirates … The surgeon, Dr Muffi Lakdawala, told an Indian news channel that Ms Selim had wanted her sister to stay in hospital until she was able to walk again, but orthopaedic specialists had told her …
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Posted on 04/05/2017

Project to cultivate innovative ideas in the UAE

Abu Dhabi: A collaborative project between a French think tank and Paris Sorbonne University Abu Dhabi (PSUAD) aims to launch a series of events throughout the year covering areas such as education, entrepreneurship, and smart cities with the goal of …
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Posted on 04/05/2017

After 330kg weight loss, Eman Ahmed flies to Abu Dhabi today

Saifee Hospital, where Eman was hospitalized since February 11, will hand over a 29-sheet transfer file to officials of Bhurjeel Hospital, Abu Dhabi, before the departure. At a press conference held at Saifee Hospital on Wednesday, the medical team said it …
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Posted on 04/05/2017

Mike Tyson lauds Dubai while promoting boxing gym franchise

DUBAI, United Arab Emirates — On his first trip to Dubai … On Thursday however, a local radio host named Kris Fade who emceed the news conference with Tyson warned journalists that “we’ll eject you” if anyone asked about Trump. Public relations …
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