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Posted on 20/10/2020

UAE’s ADQ partners with Lulu International Holdings for Egypt expansion

Abu Dhabi-based holding company ADQ has entered into a non-binding agreement with supermarket chain Lulu International Holdings (LIHL). The agreement will pave the way for investments supporting …
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Posted on 20/10/2020

Dubai’s Union Properties Restructuring Debt to Weather Real Estate Slump

Union Properties PJSC is restructuring debt and trimming costs to weather a slump in Dubai’s real estate market. “We are focusing on restructuring our balance sheet, and all our efforts will be …
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Posted on 20/10/2020

Property investor in Dubai finds Dh89 million on plot and villa does not guarantee ownership

Dubai: A property owner in Dubai is finding that spending more than Dh89 million on acquiring a plot and building a bespoke villa is not enough to stake permanent ownership. Not when the developer …
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Posted on 20/10/2020

UAE needs to make 5G accessible to all to be a tech ‘centre of excellence’, says Mashreq think-tank

Dubai: Making 5G services accessible to a widest … e.g., Saudi Arabia [by] increasing connectivity and introducing pro-business reforms”. These were highlighted in a report brought out by …
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Posted on 20/10/2020

UAE: Ultimately About Excellence

If you meet the criteria (for the new visa) why would you live in a walk up studio in Pimlico when you could swan in a two bed near the beach and get a …
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Posted on 20/10/2020

Woman jailed for assaulting, filming Dubai cop

She filmed the policewoman at detention centre and threatened to send the recording and photos to her sister in France.
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Posted on 20/10/2020

Dubai’s Biggest Bank Profit Dives as Provisions More Than Double

Emirates NBD PJSC reported a 55% slump in nine-month profit after more than doubling the amount of money set aside in provisions amid the coronavirus pandemic and as a one-time gain wasn’t repeated.
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Posted on 20/10/2020

Nearly 75% of Payments in the UAE will Be Cashless by 2025 as Country Prepares for Post COVID Business Environment

The event was conducted as part of the UAE’s ongoing efforts to address COVID-19 related challenges. The Middle Eastern country is focused on establishing a business environment that can thrive in a …
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Posted on 20/10/2020

Sharjah fire: Blaze hits Industrial Area

A fire broke out in the Sharjah Industrial Area early Tuesday. Motorists travelling towards Dubai, Sharjah and Ajman reported seeing thick black plumes of smoke billowing from the building. Police …
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Posted on 20/10/2020

Marks & Spencer expands in Egypt

The Dubai Mall, Wafi City Mall Dubai, Sharjah, Marina Mall Abu Dhabi, Fetouh El Kheir Abu Dhabi, Bawadi Mall Al Ain, Bahrain, Landmark Mall Doha, Villaggio Mall Doha, Marina Plaza Kuwait …
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Posted on 20/10/2020

Bitrump Offers Lucrative Advantages with its Exchange Affiliate Program

UAE’s leading cryptocurrency exchange Bitrump’s exchange affiliate … same to the individuals and business enterprises that are interested in their very own crypto venture. Our affiliate program has …
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Posted on 20/10/2020

UAE owns £5.5bn of British property

The president of the UAE has created a £5.5 billion British property empire that rivals the land holdings of the nation’s wealthiest aristocratic families.Sheikh Khalifa bin Zayed al-Nahyan, who is …
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Posted on 20/10/2020

Israel to sign visa exemption agreement with UAE, its first with an Arab state

Netanyahu, Ashkenazi set to welcome first senior Emirati delegation to Israel, headed by country’s finance and economy ministers; sides will sign various bilateral agreements …
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Posted on 20/10/2020

UAE ranks top in deal-making as e-commerce regains position

The UAE is such a fertile land for e-commerce as the country has always been a forerunner in terms of technology. And almost everyone in the UAE has Internet access.” The startup plans to expand to …
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Posted on 20/10/2020

New UAE wealth management law a welcome game changer

I began with a small rented office overlooking Dubai Creek that permanently reeked of fish … although I have toyed with the idea of launching an IPO on several occasions, I have never gone through …
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Posted on 20/10/2020

Sharjah book fair unveils lineup of 1,024 publishers, 60 authors

Ahmed bin Rakkan Al-Ameri, chairman of SBA, addresses the press conference. https://arab.news/4xwg7 The 39th edition of the Sharjah International Book Fair (SIBF), organized by the Sharjah Book …
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Posted on 20/10/2020

What I’ve learned about UAE culture as the chief rabbi’s wife – opinion

Jews around the world are rightfully celebrating the historic and euphoric peace agreement between Israel and the UAE — and so are the Emiratis. In particular, Israelis are looking forward to visiting …
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