Dubai-based developer Omniyat has $40 million in construction financing from Kuwait’s Burgan Bank for its twin tower project, The Sterling. Located in Dubai’s Burj Khalifa area, the Sterling will consist two towers – the East House and West House …
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Dubai school celebrates 50 years of service
Dubai: From one room in Bastakiya to a huge campus for more than 10,000 students, GEMS Our Own English High School (OOEHS), one of Dubai’s oldest and biggest schools, celebrated its 50th anniversary on Monday. At a ceremony held at the school, now …
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Revealed: Dubai communities with the happiest residents
Dubai: People in communities with lots of green spaces and amenities seem to be the happiest residents in Dubai, while those in places that are constantly plagued by traffic and far from schools are the least happy. A new survey that asked respondents to …
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Dubai Police arrest man accused of murdering US businessman
The case has been transferred to the Dubai Public Prosecution. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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Gold prices remain steady, 24k priced at Dh161.50 in Dubai
Dubai gold prices are Dh161.50 for 24-karat and 22-karat … Higher interest rates discourage the buying of non-interest-paying bullion, which is priced in dollars. Hedge funds and money managers slashed their net long position in COMEX gold in the …
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Abu Dhabi Police launch crime-fighting 3D printing initiative
Abu Dhabi furthers its position as a 3D printing capital with a new announcement from the city’s police department. According to reports from Emirates News Agency, the official news agency of the United Arab Emirates (UAE), also known as WAM, the Abu …
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Dubai Safari to operate under new management
Dubai: Under the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Meraas has signed an agreement with Dubai Municipality to manage Dubai Safari. Meraas has also appointed …
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Look: Dubai firemen stop to fix a broken-down car
Dubai: While firefighters are known for their expertise in putting out flames and rescuing people from buildings, every now and then, their skills are also put to test in everyday situations. Photos of Dubai’s Civil Defence have been circulating on …
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Revealed: Where you will find the happiest Dubai residents
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REVEALED: Trump’s sons spent ‘$73,000 of TAXPAYERS’ money’ on their trip to Dubai to attend lavish wedding of their billionaire business partner’s daughter
CBS News reported on Sunday that the expenses are to cover the real-state scions’ Secret Service detail, hotel rooms and car services from March 26 to April 8 as they tour Dubai in the United Arab Emirates. Donald Trump Jr., 40, along with 34-year-old …
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Cumbum serves up a banana leaf meal in Dubai
This year, nostalgic Malayalis and Tamils in Dubai and other West Asian countries can look forward to doing it just like home, as a huge consignment of banana leaves will arrive straight from the verdant Cumbum valley. With the demand for banana leaves …
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Dubai’s gamble on bitcoin property sales
In September 2017, the Aston Plaza & Residences development in Dubai Science Park began offering units in exchange for bitcoin. They started from around 30, 50 and 70 bitcoin (each bitcoin was worth around $4,940 at the time). The project’s developer …
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March Sees a Surge in Business Licensing in Dubai
The Department of Economic Development (DED) in Dubai witnessed business registration and licensing activity maintaining an upward momentum during the month of March 2018, reaffirming the emirate’s position as a preferred place for business startup and …
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For the UAE, are renewables the new oil?
Driving south from the city of Dubai to Seih Al-Dahal, the view along the road takes on a discomforting rhythm for environmentalists: skyscrapers mushroom in deserts; a yellow Ferrari zips through streets; and every few miles a service station comes into …
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Dubai expat surprised to see balance fees after leaving account idle for years
Dubai: It was about five years ago when M.A. an expatriate in … since he has forgotten his password. When contacted by Gulf News, National Bonds said it is not in a position to comment on individual cases. However, the company maintained that customers …
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UAE throws open FDI gates for investors
Preliminary results from the International Institute of Finance say FDI inflows to the UAE rose to $11 billion (Dh40.39 billion) in 2017 and won a 22 per cent share of investments made in the Middle East and North Africa. Within a smaller geography …
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‘Chance of light rain’ in UAE
Dubai: The eastern parts of the UAE and its islands will be affected with some rainfall on Monday, according to weather forecasters. The National Centre of Meteorology (NCM) said the weather will be partly cloudy and dusty at times, although a significant …
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