While the ICA will be in charge of issuing the residency visas, business incubator HUB71 in Abu Dhabi and Dubai Future Foundation’s Area 2071 will nominate entrepreneurs for receiving the benefits. …
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Dubai police add £82,000 Maserati supercar – but it won’t be used in car chases
Police in Dubai have unveiled the latest supercar to join their crime-fighting fleet – a Maserati GranTurismo. The £82,000 high-speed car will serve the force in the oil-rich city alongside a …
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Christensen: Science and Technology Park Will Drive Global Innovation
Vice President, Dubai Technology Entrepreneurship Centre, Mr. Hans Christensen, spoke with journalists in Dubai about the opportunities offered by the centre, its economic impact and the strategy to …
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Finablr cuts IPO value amid weak investor demand, volatile markets
Finablr’s share sale opened on May 1 and came in the wake of Dubai-based Network International Holdings Plc’s successful London listing, the largest IPO on the exchange so far this year. Finablr, Abu …
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Egypt’s Sisi hosts Abu Dhabi crown prince amid Gulf tensions
Cairo (AFP) – Egyptian President Abdel Fattah al-Sisi on Wednesday met Abu Dhabi’s powerful crown prince, Mohammed bin Zayed al-Nahyan, the presidency said, amid rising tensions in the Gulf. “Both …
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Dubai Financial Market : Majority of Marka shareholders vote to liquidate the company
Dubai: Following years of turmoil, the shareholders of embattled retailer Marka voted on Wednesday morning to liquidate the business, after a last ditch attempt at turning the company’s finances …
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Sharjah PSC : Group posts AED 19m profit in Q1
Abu Dhabi – Mubasher: Sharjah Group posted a 14% year-on-year increase in its profits for the first quarter of 2019. Net profits recorded AED 19.23 million in Q1-19, compared to AED 1.27 million in Q1 …
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The Latest: Emirati diplomat: UAE committed to de-escalation
DUBAI, United Arab Emirates – The Latest on developments in the Persian Gulf region and elsewhere in Mideast amid heightened tensions between the U.S. and Iran (all times local): 9:35 p.m. A top …
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OPPO Captures the Spirit of the Season With a Touching Ramadan TVC Combining Tradition and Technology
As the original pioneers of this technology, OPPO has created an unmatched photography powerhouse in the Reno series. The company recently selected Dubai for the international launch of the OPPO Reno …
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UAE receives 6,000 long-term visa applications from entrepreneurs and investors
The ICA said on May 2 it had implemented the cabinet’s decision to issue the longer-term visas for entrepreneurs in collaboration with the Abu Dhabi business incubator, Hub71, and the Dubai Future …
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UAE and China to strengthen gems and jade bilateral trade
The Dubai Multi Commodities Centre and the China Gems and Jade … “Additionally, the collaboration will see both parties promote ethical and responsible business practices to their members,” the …
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Dubai Police adds 187mph Maserati to patrol fleet
Al Tayer Motors was established in 1982 and represents major European and American automobile manufacturers Land Rover, Jaguar, Maserati, Ferrari, Lincoln, Ford and Ford Trucks across the UAE. …
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UAE’s Majid Al Futtaim lists world’s first green sukuk on Nasdaq Dubai
UAE conglomerate Majid Al Futtaim has listed a 10-year corporate ‘green’ sukuk worth $600m (AED2.2bn) on Nasdaq Dubai, making it the world’s first financial instrument of its kind to focus on …
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UAS Ready To Meet Challenges of Growing Traffic in Dubai
Business jet operators will benefit from a move to from Dubai International Airport (DXB) to Al Maktoum International (DWC), as the latter facility becomes the focus in the Middle East hub, according …
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Abu Dhabi Commercial Bank : Project awards across GCC decline in Q1 2019
Dubai: Project awards across the GCC declined in the first quarter of 2019 according to data from Meed Projects and estimates by the Economics Team at Abu Dhabi Commercial Bank. Data showed total GCC …
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Abu Dhabi T10 Cricket League clarifies charges on Nuwan Zoysa and Avishka Gunawerdene
Nuwan Zoysa and Avishka Gunawerdene were charged with match-fixing in the Abu Dhabi T10 League. The Board of the ‘Abu Dhabi T10 League’ clarified and denied that the charges made by ICC on former Sri …
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CEO of Dubai’s Arabtec steps down as Q1 profits fall
Arabtec Holding, a Dubai-based contractor for social and economic infrastructure, on Wednesday announced that Hamish Tyrwhitt has stepped down as group CEO. The company said Peter Pollard, the current …
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