The new bridges are seen to boost Dubai Mall’s visitor traffic, and allow shoppers to access the mall from the Zabeel side of the Financial Centre Road. Dubai Mall has already logged 80 million …
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The Mint Corporation (CVE:MINT) Financial Platform for Unbanked Adds 100,000 New Customers
Vikas Ranjan: Yes, part of United Arab Emirates, which has, I believe, seven Emirates. Ed Milewski: Obviously a financial centre in its own right. Vikas Ranjan: Yes, absolutely. And Dubai is a very di…
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Dubai Financial Market : Hamdan Bin Mohammed to Lead UAE Delegation to World Economic Forum in Davos
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, will head the UAE delegation to the forty-ninth session of the World Economic Forum, which will be held in Davos, Switzerl…
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UAE- Save early for a comfortable retirement
These new practices mean that creating a financial plan, which takes into account … despite the fact that the UAE has always ranked highly in the region for its end of service benefits, where …
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UAE’s biggest Islamic bank lists $750m sukuk on Nasdaq Dubai
It is Nasdaq Dubai’s first sukuk listing of 2019 and DIB’s seventh altogether on the exchange. Nasdaq Dubai on Tuesday welcomed the listing of a $750 million sukuk by Dubai Islamic Bank (DIB), the lar…
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UAE open to co-hosting World Cup if Qatar rift resolved: sports chief
ABU DHABI: United Arab Emirates sports chief Mohammed Khalfan al-Romaithi believes the Gulf nation would welcome an approach to co-host the 2022 World Cup if its deep political rift with Qatar is reso…
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Abu Dhabi launches world’s largest virtual battery plant
marks the first integrated control system for energy storage in Abu Dhabi. It aims to serve the city by ensuring load balancing during the day, reported state news agency Wam. “The landmark deployment …
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Dubai is making progress on its water tunnel project
Top officials on Sunday briefed His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on infrastructure projects worth Dh6.5 billion. Dur…
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Dubai’s Emaar Properties puts bond plans on hold: Sources
Emaar, developer of the world’s tallest building Burj Khalifa, said it had put on hold a planned bond issue, blaming rising interest rates.REUTERS | January 22, 2019, 15:00 IST File photo BY: Davide B…
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Review: Emirates business class lounge, Dubai Concourse C
Enjoy up to 120,000 bonus Qantas or Altitude Points when you apply for the two-card bundle, are approved and meet the minimum spend of $3k for each card – Westpac Altitude Black Mastercard and the Ame…
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Dubai Business Events records 62% boost in delegate wins in 2018
Number of event bids won represents a 24% increase from 2017 and will deliver an estimated economic impact of approximately 326$7mln to the city DUBAI – Dubai Business Events, DBE, the city’s official …
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Trust in government, business and media rising in the UAE
At a time of growing distrust of institutions around the world, people in the UAE are increasingly confident in government and business, a new survey has found. The latest Edelman Trust Barometer reve…
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Saudi Arabia and UAE to launch new banking crypto-currency
A Saudi-Emirati pilot crypto-currency was announced at the inaugural meeting of the Saudi-Emirati Coordination Council in Abu Dhabi last week. A number of joint blockchain and digital currencies joint …
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Saudi-UAE cryptocurrency pilot could revolutionise cross-border payments
The central banks of the UAE and Saudi Arabia want to pilot a shared digital currency for cross-border bank transactions, they said on Saturday, a move that could revolutionise the remittance industry …
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Dubai’s Mashreq posts slight rise in full-year profit
Reuters Mashreq, one of Dubai’s oldest lenders that is controlled by the Al Ghurair … “Much of this can be attributed to the bank’s focus on strategically acquiring good assets and growing the loan …
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UK academic says was forced by UAE to confess to spying charges
NEW YORK (Reuters) – British academic Matthew Hedges said he had “no other option but to confess” during nearly seven months of detention in the United Arab Emirates on espionage charges. The UAE pard…
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Sharjah aims at increasing gas production
We are drilling and within in the next 60 to 70 days we would have good news.” On the future growth plans of the company, he said they are working on the LNG import facility to meet Sharjah’s …
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