UAE-based conglomerate Al Ahli Holding Group announced that it has secured an Islamic club financing facility worth $340m (AED1.25bn) for the expansion of Dubai Outlet Mall. Scheduled to open in the fourth quarter of 2019, the mall expansion will see 279 …
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Dubai Chamber and Google Come Together To Help Businesses Get Online
… Chamber of Commerce and Industry came together in February to launch the Get Dubai Businesses Online initiative that will see Google make use of its Google My Business solution to manage the online presence of local businesses, and thus increase their …
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Dubai issues over 1,600 licences in January
Dubai Economy issued 1,638 new licenses and gave initial approval to 2,087 in 23,626 registration and licensing transactions in January 2018 as recorded in the ‘Business Map.’ Category-wise, commercial licenses led the list of new licenses at 58 per cent …
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Dubai to host self-driving transport congress and challenge
Dubai will host a World Congress for Self-Driving Transport … and will then be assessed in categories including technical ability and experience, business dimensions, and operation and service. Participant’s designs will also undergo a series of tests …
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Riding the IPO bullrun
“In the UAE, prospective companies looking to IPO will look at the market conditions; if regional markets are on an upswing and sentiment is positive then we could see a rush of IPOs. However, as happened a few years ago, if markets falter and sentiment …
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UAE to take more manpower from Bangladesh: Mannan
I think if UAE recruits Bangladeshi workers more in the coming days, it would be beneficial for both the countries,” State Minister for Finance and Planning MA Mannan informed, reports BSS. Mannan attended the two-day 4th Bangladesh-UAE Joint Commission …
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Dubai-based student second movie premieres in Holland
Dubai: In 2014, GEMS Our Own Indian School student Sadhna Lakshmi … She is into science project works and she represented the school in the Global Innovation Challenge,” she told Gulf News.
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Dubai Investments to IPO at least 30 per cent of Emicool
Dubai Investments, a diversified company in which sovereign wealth fund Investment Corporation of Dubai has an 11.54 per cent stake, plans to float at least 30 per cent of its district cooling unit Emicool by the end of 2018 on the Dubai Financial Market …
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Al Mal Capital named lead manager for Emicool IPO
Dubai Investments, a leading diversified investment company, has announced that its subsidiary Al Mal Capital, a prominent financial institution, will be the lead manager for the initial public offering (IPO) of its wholly-owned subsidiary Emirates …
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Aldar Properties offplan sales hit $952m in 2017
Aldar Properties, a leading real estate developer in Abu Dhabi, UAE, said it has delivered a robust performance across its two business pillars in 2017. Announcing the results for the full-year 2017, Aldar stated that its underlying gross profit had surged …
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Abu Dhabi developer Aldar reports 28.5% fall in 2017 net profit
DUBAI: Abu Dhabi developer Aldar on Wednesday reported a 28.5 percent fall in its annual net profit for 2017, impacted by a 3 percent value adjustment to its asset management portfolio as well as weaker property prices. Net profit attributable to …
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Sharjah cricket stadium gears up for PSL 2018
Sharjah, United Arab Emirates: The third Pakistan Super League takes off February 22 with the new sixth team, Multan Sultans, mentored by former national skipper Wasim Akram adding further zest to the format. The other five teams are the Peshawar Zalmis …
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No plans to invest in Bitcoin or any other cryptocurrency: UAE Exchange CEO
UAE Exchange CEO Promoth Manghat says cryptocurrencies aren … for the SWIFT messaging system that banks and exchange houses currently use to communicate financial transactions. “The Ripple network has a simple proposition: instant messaging.
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Sharjah flight from Amritsar
Till February 26, the flight IX 181 (Amritsar-Sharjah) will depart from Amritsar at 8 pm (local time) and reach Sharjah at 9.55 pm (Sharjah time). The return flight IX 182 will take off from Sharjah at 2.15 pm and arrive in Amritsar at 7 pm (local time).
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Experts: New UAE rule on ‘Good Conduct and Behaviour’ Certificate means employers must be diligent
CRI Group urges all UAE organisations to implement thorough background screening … CRI Group safeguards businesses by establishing the legal compliance, financial viability, and integrity levels of outside partners, suppliers and customers seeking …
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Massive 55% tax coming to the UAE
Good news for the UAE: No value-added tax (VAT) increases for upcoming 5 years. UAE Minister of State for Financial Affairs Obaid Al Tayer said at the Arab Fiscal Forum the government has no plans to raise the rate of VAT or excise tax in the near future.
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The World is BACK! Multi-billion pound archipelago of ‘countries’ in Dubai with artificial celebrity-owned fantasy islands is resurrected ten years after the vision was …
A multi-billion pound vision for an archipelago of ‘countries’ in Dubai with artificial, celebrity-owned fantasy islands has been resurrected – ten years after it was abandoned due to the financial crash. The World, a 300-island chain laid out in the shape …
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