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Posted on 11/03/2019

Dubai construction sector notes growth in February 2019

The growth rate of Dubai’s construction sector showed an upward trend in February 2019 at a rate of 54%, compared to 53.8% in January 2019, research from Emirates NBD has revealed. Despite a marginall…
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Posted on 11/03/2019

UAE Cabinet approves National Space Strategy 2030

innovators and human talents in order to stimulate the business environment in the UAE. The decision aims to create an attractive environment for investment in line with the UAE’s position as a top de…
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Posted on 11/03/2019

Dubai construction firms bullish on year ahead

(MENAFN – Khaleej Times) Construction firms in Dubai remained strongly optimistic regarding the 12-month outlook as business conditions in Dubai’s non-oil private sector economy continued to …
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Posted on 11/03/2019

EU to add Bermuda to tax haven list, Italy blocks UAE listing

The draft list prepared by EU tax experts also includes the United Arab Emirates (UAE), a financial center for the Middle East, but Italy and Estonia are blocking its inclusion, the document shows.
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Posted on 11/03/2019

DIB wins big at Islamic Finance News Awards

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received nine industry recognitions at the prestigious Islamic Finance News (IFN) Awards 2019. The bank was honoured once again with the …
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Posted on 11/03/2019

Dubai Islamic Bank recognized with nine distinctive honors at the 2019 Islamic Finance News Awards

The bank also won “Best Islamic Retail Bank”, “Best Islamic Bank (Kenya)”, in addition to top deals accolades which capped five landmark transactions. Held at the Ritz Carlton in DIFC, Dubai, on March …
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Posted on 11/03/2019

UAE economy to expand 3.5% this year buoyed by government measures, central bank says

The UAE’s gross domestic product is forecast to grow 3.5 per cent this year, up from 2.8 per cent in 2018, as government measures fuel economic growth, the central bank said. The non-oil GDP is projec…
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Posted on 11/03/2019

UAE Cabinet adopts National Space Strategy 2030

The UAE Cabinet, chaired by Sheikh Mohammed bin Rashid Al Maktoum … Sheikh Mohammed said in comments published by state news agency WAM: “Last year we celebrated the launch of the first satellite fu…
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Posted on 11/03/2019

WTS Abu Dhabi: 10 things we learnt from the 2019 season opener

The men’s race in Abu Dhabi was effectively neutralised until T2, and if new fans are to be engaged, that must change. 2. Abu Dhabi’s state-of-the-art Yas Marina motor-racing circuit fails to convince …
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Posted on 11/03/2019

Abu Dhabi Festival Continues To Celebrate Inspiring Arabic Literature

Celebrating and nurturing Emirati literature, Abu Dhabi Festival 2019 yesterday hosted the fifth edition of the Festival’s annual writing programme, Riwaq Al Adab wal Kitab. With the aim of highlighti…
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Posted on 11/03/2019

CW In Focus | Future planning with Sobha Group’s PNC Menon in Dubai

In this video, Menon speaks to Construction Week’s deputy editor, Oscar Rousseau, about Sobha Group’s IPO plans; the dream tower he intends to build on Dubai’s Sheikh Zayed Road as Sobha’s new HQ; and …
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Posted on 11/03/2019

UAE start-up to use Dh100,000 of Emirates flights to grow business

UAE start-up EZ Shade was awarded the first prize of flights worth Dh100,000 on Emirates Image Credit: Supplied Following the final of Flying Colours, a Gulf News competition in association with …
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Posted on 11/03/2019

UAE property agent not returning security deposit? Here’s what you can do

Pursuant to your queries, it should be understood that maintenance of the rented apartment is the responsibility of the landlord or the real estate company, which maintains the rented premises on beha…
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Posted on 11/03/2019

Rose Poudre, Abu Dhabi’s Homegrown Beauty And Blow-Dry Bar, Now Open At The Galleria On Al Maryah Island

Rose Poudré, Abu Dhabi’s New York-style beauty and blow-dry bar, opened its new salon on February 28 at The Galleria on Al Maryah Island, Abu Dhabi’s luxury shopping and dining destination. Revered fo…
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Posted on 11/03/2019

Standard Chartered sees better profits in UAE, region

A man walks past a Standard Chartered Bank in Sharjah. Image Credit: Asghar Khan/Gulf News Dubai: Standard Chartered expects profitability of the bank’s UAE operations to improve along with the …
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Posted on 11/03/2019

Dubai Chamber’s Chamberthon In Rwanda Pairs Startups From UAE And Africa For A Cross-Border Mentorship Program

For instance, entrepreneurs in Dubai could take part in the GBF Mentorship Program to find people who’d be able to advise them on how they could do business in, say, Kigali, and this would work vice-v…
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Posted on 11/03/2019

Uber in advanced talks to buy Middle East rival Careem: Bloomberg

(Reuters) – Uber Technologies Inc is in advanced discussions to buy its Dubai-based rival Careem Networks FZ … Uber has received estimates from IPO bankers that have pegged its value at up to $120 b…
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