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Posted on 13/10/2017

Qatar crisis sends tremors through banking in the Gulf

Officials concede that Dubai cannot disentangle itself from the UAE’s role in the embargo. The UAE central bank ordered lenders in the federation to impose enhanced due diligence measures on six Qatari lenders. The DIFC’s regulator has also told …
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Posted on 13/10/2017

UAE stops issuing visas to North Koreans, ends diplomatic missions

The UAE Ministry of Foreign Affairs announced that the UAE has decided to stop issuing new visas to North Korean citizens and has stopped issuing licenses to North Korean companies. It has also decided to end the mission of the UAE’s non-resident …
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Posted on 13/10/2017

UAE terminates North Korean diplomatic mission, ends visas

The United Arab Emirates is ending the mission of North Korea’s non-resident ambassador and terminating its own envoy’s services in Pyongyang, its Foreign Ministry said in a statement on Thursday carried by state news agency WAM. The UAE will also stop …
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Posted on 13/10/2017

UAE investors get chance to own a slice of Pakistan

(MENAFN – Khaleej Times) Pakistan Property Show, lining up more than 50 exhibitors showcasing a wide array of realty investment options, will be held at Za’abeel Hall 5 of the Dubai World Trade Centre on October 20-21. The show will provide overseas …
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Posted on 13/10/2017

Money & Me: ‘We took out a 100 per cent mortgage on our first property’

How did you end up in the UAE? I originally came to the Middle East following my … Most of my savings are in property investments abroad. I set these up when I had a more regular salary, as a buffer, before I took creativity on as a career.
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Posted on 13/10/2017

This time, the Gulf IPO wave looks likely to make it ashore

That could happen as a soon as next month, with a suggested market capitalization in the region of $6 billion and an IPO value of around $2 billion. The cash will be used mainly to pay dividends, with the government of Dubai a prime beneficiary from its 29 …
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Posted on 13/10/2017

How FM companies are preparing for the UAE’s nuclear age

solar, and other renewables. The facility will put the UAE on the global map, accentuating the nation’s relentless drive to diversify its energy resources and heed environmental needs while generating clean fuel. In a short span of time, the UAE has come …
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Posted on 13/10/2017

Dubai Wants to Replace Airport Security With Face-Scanning Fish

Dubai, never a city to shy away from outlandish ideas, wants to replace the stress and hassle of airport security lines with a virtual aquarium capable of scanning your face. We all hate going through security at the airport. There’s the family in front …
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Posted on 13/10/2017

Man drops complaint against Dubai indecency accused

The man who accused a Scot of touching his hip in a bar in Dubai – leaving the 27-year-old facing three years in jail – has dropped the complaint against him. Jamie Harron, 27, from Stirling, was arrested for public indecency in July. He said he put his …
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Posted on 13/10/2017

2018 Infiniti QX80 set to debut Nov. 14 in Dubai

Infiniti is going big — real big — at the Dubai International Motor Show on Nov. 14. It’s there that the automaker will unveil the latest version of its largest SUV, the 2018 Infiniti QX80. The automaker has sent out a few teasers with the news …
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Posted on 13/10/2017

What America thinks of Saudi Aramco

DUBAI: As Saudi Aramco ponders the venue for what will be … They see it as a traditional oil company but also one which is diversifying into other areas. “The hedge funds will probably like it less. It will not be a stock where they can make millions …
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Posted on 13/10/2017

UAE stops issuing new visas for North Korean labourers

DUBAI, United Arab Emirates — The United Arab Emirates said Thursday it would stop issuing new visas to North Korean workers, becoming the latest Gulf country to limit Pyongyang’s ability to evade sanctions and raise money abroad amid tensions with the U …
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Posted on 12/10/2017

New beach opens in Dubai with surf park to follow

Day room and cabanas will be available at the Sea Spice beach club, and trampoline venue Hawa Hawa will offer something different to other beachside promenades in Dubai. Showers, toilets, baby changing and disabled access with free wifi and 1,000 parking …
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Posted on 12/10/2017

The Palm Dubai Family Holiday from £569pp: 4nts incl. 5* resort, half board & flights

With a picture-perfect setting on Dubai’s iconic Palm Jumeirah Island … they all feature personal Nespresso coffee machine, free WiFi and flat screen TV. Upgrade to a room with balcony from an extra £25pp or have direct lagoon access from an extra …
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Posted on 12/10/2017

Smart Thermostat Market 2017- Global Industry Analysis, Size, Share, Growth, Type, Trends, Opportunities and Forecast by 2022

?Global Smart Thermostat Market Analysis By Technology (Wired, Wireless – Wi-Fi, ZigBee, Others), Application, Components, By Region, By Country: Opportunities and Forecast (2012-2022) estimates that the market of smart thermostats has witnessed tremendous …
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Posted on 12/10/2017

Pics: Meraas’ new Dubai beachfront project La Mer to open this month

Dubai developer Meraas has confirmed that its beachfront development … toilets with baby changing and disabled access, day rooms and cabanas, free wifi, information hubs, mobile charging, prayer rooms, four children’s playground areas and over 1,000 …
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Posted on 12/10/2017

Hotel insider: Dukes Dubai on The Palm

though – the service was mostly good. Rooms at Dukes Dubai cost from Dh800 per night, including taxes and Wi-Fi. Breakfast is Dh135 if not included.
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