(Bloomberg) -- First Abu Dhabi Bank PJSC proposed removing a cap ... This “is positive news for U.A.E banks as it may allow international banks to take strategic stakes in local lenders ... ( read original story ...)
US fears Iran seized UAE-based tanker in Strait of Hormuz
DUBAI, United Arab Emirates — A small oil tanker from the United Arab Emirates travelling through the Strait of Hormuz entered Iranian waters and turned off its tracker three days ago, leading the U.S ... ( read original story ...)
Dubai Islamic H1 net profit soars 13pc to $735m
Dubai Islamic Bank, the largest Islamic bank in the UAE, has posted a net profit of Dh2.753 billion ($749 million) for the first half (H1) of the year, as against Dh2.441 billion in H1 2018, marking a ... ( read original story ...)
Where are they now? Dubai’s Technosphere
According to the design documents, “the concept of this iconic building for the Technopark of Dubai, is a building which will reflect ... office and hotel areas - and would include solar power and ... ( read original story ...)
The Big 5 turns 40 – Building Dubai and The MENA Region
HVAC R Expo Dubai, Middle East’s leading platform connecting the heating, ventilation, air conditioning and refrigeration industry; Middle East Stone, the region’s premier event for natural stone, ... ( read original story ...)
Dubai bans flowers, rose petals in restaurant dishes
Food outlets in Dubai are no longer allowed to use flowers of petals as decoration or as part of a meal, according to Dubai Municipality. Image Credit: Getty Images/iStockphoto Dubai: Restaurants ... ( read original story ...)
Emirates NBD second quarter net profit surges 96% on income from unit IPO
Emirates NBD, Dubai’s largest lender by assets ... Middle East and Africa that joined the FTSE 250 Index of London-traded equities last month. NI's IPO was the biggest of the year at the time of its ... ( read original story ...)
Sharjah school pupils to be trained to spot ‘fake news’
School pupils in Sharjah will be taught to identify “fake news” stories as part of a journalism training programme run with the help of CNN. Children as young as 10 will be given an introduction to ... ( read original story ...)
Dubai tourism has strong growth potential for…
Ross Veitch, CEO of Wego, said the travel and tourism industry in Dubai continues to expand with more focus on leisure and entertainment. "As the number of millennials and Generation Z travelling for ... ( read original story ...)
Dubai’s Sustainable City to reduce single-use plastic by 90 percent
It’s the region’s first fully operational sustainable neighbourhood, and Dubai’s Sustainable City has announced that it will be going single-use plastic-free. Targeting a reduction of 90 percent of ... ( read original story ...)