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Posted on 24/12/2017

TRA launches 5G technology in UAE

Dubai: The UAE’s Telecommunications Regulatory Authority (TRA) announced the launch 5G technology in the UAE, with mobile operators in the country expected to start deploying 5G networks from early 2018. In a statement on Sunday, TRA said that licensees …
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Posted on 24/12/2017

Diversification, Openness and Ease of Doing Business Reinforces Dubai’s Position in Global Economy

Dubai Economy has presented the ‘Dubai Economic Report 2017’ to all government entities and other agencies concerned following its approval by His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai. The report, which …
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Posted on 24/12/2017

GCC banking sector performance to be resilient in 2018 in slow growth environment

Dubai: The banking sector in the Gulf Cooperation Council (GCC) is expected to deliver a stable performance in 2018, reflecting strong financial fundamentals, particularly in the largest banking systems such as the UAE and Saudi Arabia, according to rating …
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Posted on 24/12/2017

Hydrogen-powered taxis to go on trial in Dubai

Dubai’s Roads and Transports Authority (RTA) is trialling the region’s first hydrogen-powered electric vehicles, according to the Dubai Media Office. The Toyota Mirai will be put to the test as part of Dubai’s taxi fleet, in collaboration with Al …
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Posted on 24/12/2017

Nadal out of season-opening Abu Dhabi event

(Reuters) – Rafa Nadal has withdrawn from next week’s season-opening exhibition event in Abu Dhabi due to ongoing fitness problems, the world number one has said. The 16-time grand slam champion, who won the French and U.S. Opens earlier this year …
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Posted on 24/12/2017

Rafael Nadal pulls out of Abu Dhabi event to focus on Australian Open

Rafael Nadal cited fitness issues as the reason for his withdrawal from next week’s season-opening Mubadala World Tennis Championship in Abu Dhabi. Nadal, last month, withdrew from the ATP Finals with knee injury after losing his opening match to first …
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Posted on 24/12/2017

Rahul Gandhi’s UAE visit postponed

Punnakkan Mohammad Ali, general secretary of INCAS UAE committee, had told Gulf News that Rahul will visit the UAE after attending the Biennial International Convention of GOPIO (Global Organisation of People of Indian Origin, a global networking platform …
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Posted on 24/12/2017

Unlimited investment opportunities in Dubai’s real property market, says ARENCO Real Estate

Arenco Real Estate, part of A.A. Al Moosa Enterprises and ranked among the top 10 unlisted private real estate companies in the Arab World, sees a stronger real estate market for Dubai in the coming years due to unlimited opportunities that are open and …
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Posted on 24/12/2017

Explained: Dubai’s new off-plan property purchase law

Dubai Law 19 of 2017, amends Article 11 of Law 13 of 2008, (which was previously amended by Law No 9 of 2009), will affect those purchasers who, having purchased a unit off plan, breach the sale agreement. The new law has provided further requirements and …
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Posted on 24/12/2017

Abu Dhabi’s ADIA is main investor in $1bn Indian housing funds

Abu Dhabi Investment Authority (ADIA) has supported India’s HDFC Capital Advisors to achieve the initial close of its second affordable housing fund, the HDFC Capital Affordable Real Estate Fund – 2, state news agency WAM reported. This will be …
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Posted on 24/12/2017

Man fined after Instagram live while driving in Dubai

Brigadier Saif Muhair Al Mazroui, director of Traffic Department in Dubai Police, told Gulf News that the Arabic driver was on Shaikh Zayed Road on Friday, and went live on his Instagram account while driving. Other road users noticed him recording live on …
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Posted on 23/12/2017

Dubai Financial Market : Real estate stocks to boost UAE bourses – Analysis

Dubai – Mubasher: The UAE stock markets are likely to see a bullish trend during Thursday’s trading session and over the coming sessions as real estate stocks are expected to resume rising. By the end of Wednesday’s trades, the Dubai Financial Market …
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Posted on 23/12/2017

Flight delays as more fog forecast in UAE

Dubai: Etihad Airways reported delayed or cancelled flights due to heavy fog on Saturday as the weather bureau said early morning fog is likely to cover parts of the UAE in the next three days. Fog was seen in parts of the UAE on Saturday, with the …
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Posted on 23/12/2017

UAE property firm Awtad celebrates DFM listing

UAE-based property investment firm Awtad has celebrated the listing of company’s shares on Second Market of Dubai Financial Market (DFM) where investors can trade on private firms’ shares within a regulated and advanced environment. The company boasts …
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Posted on 23/12/2017

Dubai Frame set to open next week, says municipality boss

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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Posted on 23/12/2017

Hamdan reviews 2018 plans of Dubai Future Foundation

Dubai: The plans and strategies of Dubai Future Foundation (DFF) for 2018 have been approved by Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Board of Trustees of the foundation. The DFF’s 2018 agenda was …
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Posted on 23/12/2017

Now take a ride on a hydrogen-powered taxi from Dubai Airport

Dubai: Passengers at the Dubai International Airport can now … to look for alternate fuel options as part of its sustainable transport strategy. Gulf News reported last year that the RTA is studying the hydrogen fuel cell vehicle as one of the options …
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