Abu Dhabi, the wealthiest of the United Arab Emirates, plans to offer its unemployed citizens a welfare program linked to job opportunities, the National newspaper reported. Jobless citizens, who can …
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UAE to witness 3 eclipses in 2019 on these dates
The UAE and the Arabian Peninsula will witness three eclipses – two lunar and one solar – in 2019, said Ibrahim al-Jarwan, a researcher in astronomy and meteorology, who is also a member of the Arab U…
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Dubai’s Emaar begins operations in China
Dubai-listed property developer Emaar said on Tuesday it had begun business development operations in China. The launch follows the company’s announcement of its expansion to the country in July …
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A walk through Dubai’s supercity of futuristic skyscrapers made me uneasy for any city that mimics its rapid development
The development has been aimed at one thing: becoming the Middle East’s Hong Kong or Singapore — an easy place to visit, spend money, and do business. But for those looking at Dubai and wishing their …
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Doha Bank to cut construction exposure, keep UAE branches: CEO
DOHA (Reuters) – Doha Bank will cut its exposure to construction companies to 10 percent from 17 percent of lending in the next three years, its CEO said on Tuesday, part of efforts to adjust to a bui…
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How To Buy Freehold Property In Dubai
A lot of research prior to purchasing your own home in Dubai is essential especially when you are not accustomed to the procedure. Freehold areas are some specific areas stipulated by the UAE Governme…
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Dubai Property Show returns to Mumbai for another successful run
• Expo 2020 a big growth driver for Dubai economy, experts predicting 35-50% growth in the region. • Dubai offers tax-free returns and its rental yields in the range of 7-12% are amongst the highest i…
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UAE tops region in adoption of AI solutions with annual growth rate of 33.5%: report
UAE – A report by the Dubai Technology Entrepreneurship Campus (Dtec), a wholly owned technology hub by Dubai Silicon Oasis Authority (DSOA), prepared in collaboration with ArabNet and startAD, an inn…
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IPO activity in GCC ‘continues to slow down in Q3’
Global IPO activity in Q3 2018 suffered compared to last year – proceeds … The company completed its seventh debt listing on NASDAQ Dubai, raising $2.3 billion from corporate bond and $1.0 billion f…
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Regal London launches Dubai office
RELATED ARTICLES: Adnoc Onshore awards $70m contract to London-based Penspen | UAE gas firm Brooge Petroleum eyes London IPO | UPS opens $163m hub at DP … Regal London has opened an office in Dubai. …
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Dubai payments firm Network International selects banks for potential listing
The IPO could see 25 to 30 per cent of Network … according to the publication. The Dubai-headquartered company services more than 65,000 merchants and 220 financial institutions across 50 …
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Streamcast eyes London IPO, JPMorgan, HSBC Holdings poised for role
Discussions about an IPO are at an early stage and Streamcast … Streamcast has offices in the U.S., U.K., Ireland, Malta, Kenya, Dubai, Bahrain and India, according to its LinkedIn page.
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Construction, retail growth boosts revenue of Dubai’s Emaar
Emaar’s net profit totalled AED5.3 billion ($1.4 billion), a growth of 28 percent, prior to considering the effect of the IPO of Emaar Development and … continued to record higher occupancy than Dub…
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Close to home: Property Finder’s $120 million investment to focus on existing markets
“Being IPO-ready is a great exercise … Lahyani declined to give a specific value to the company, which was founded 11 years ago in Dubai, although a Reuters report suggested that it was close to $50…
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Emaar unit sells 5 premium hotels to Abu Dhabi group
Dubai-based developer Emaar Properties has announced that its … had grown tremendously in the first nine months on the back of the initial public offering (IPO) of Emaar Development and foreign exch…
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Musk Blasts SEC, United Auto Workers in ‘60 Minutes’ Interview
Elon Musk, the CEO of both Tesla Inc. and Space Exploration Technologies Corp., opened up about his tumultuous year in a wide-ranging interview with CBS’s “60 Minutes.” Musk, 47, told anchor Lesley St…
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An island hopping guide to Abu Dhabi
On one side was Abu Dhabi’s mainland — home of its famous mosque and Louvre museum. At the other? Al Hudayriat Island, an island that offers 600 meters (1,970 feet) of quiet beach. Al Hudayriat is on…
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