Cyrille Urfer, who managed stocks, bonds and hedge funds for the fund, left after less than 18 months … 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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Women Accounted for 30 Percent of Dubai Realty Transactions in Q1 2018
In Q1 2018, 2,431 female investors participated in 2,780 transactions and invested Dh4.4 billion in the Dubai property market, according to statistics from the Dubai Land Department. They cumulatively invested Dh27 billion in the property market in 2017 …
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UAE private sector business sees slowest improvement since 2016
Business conditions in the UAE’s non-oil private sector witnessed their slowest growth since October 2016 due to weaker momentum in wholesale, retail, travel and tourism industries, according to figures by Emirates NBD’s Dubai Economy Tracker Index.
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Pakistani restaurants that you must visit in Dubai
which is why I’ve carefully picked out seven of my favourite Pakistani restaurants in Dubai for you. Read on to know which places you definitely need to try and what to order once you get there. If you’re a fan of Nihari and beef that melts in your …
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UAE’s first endowment foundation gets licence
Dubai: The Awqaf and Minor Affairs Foundation (AMAF) has granted a licence to the first endowment foundation in the UAE, it was announced. This comes in line with the foundation’s commitment to support all philanthropic activities inside and outside the …
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Dubai Investments posts 25% jump in Q1 net profit
In March, Dubai Investments announced plans to lead a consortium of investors to launch Arkan Bank, a wholesale Islamic financial institution with an initial paid-up capital of $100 million. Arkan Bank is applying to the Dubai Financial Services Authority …
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Are UAE private workers getting a bonus?
Other organisations contacted by Gulf News were non-committal about following Union Coop’s example, although some of them did praise the UAE government for the generous initiative. “I don’t think the private sector will follow to give increases as …
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Are UAE private workers getting a bonus, too?
Dubai: Employees in the UAE’s private sector who are expecting a bonus anytime soon shouldn’t get their hopes up. According to human resources and compensation specialists, companies that are privately run are getting more cautious with financial …
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Iftars in Downtown, Business Bay and Al Habtoor City for Ramadan 2018
Dhs215 per person. Daily from sunset-8.30pm. JW Marriott Marquis Dubai, Business Bay (04 414 3000). There’s both a set menu and à la carte offering at Almayass. Includes Levantine favourites such as fattoush, tabbouleh and hummus. Dhs185 (set menu …
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Dubai allows transit passengers to leave airport for tours
Dubai Airports has announced an initiative allowing hundreds of thousands of daily transit passengers to leave the city’s main airport if their connection time exceeds a minimum number of hours. The ‘Microcosm of Dubai’ project, in partnership with …
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The Dubai-based Indian retailer that’s now bigger than Tiffany’s
But we will look to dual list and are considering doing that in either Dubai or London,” he says … “We have a different business model. The family owns 40 percent of the company while most of our employees have share options. We partner locally …
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UAE- How do you trade assets worth a trillion?
Even the ubiquitous credit card is one such form. So if you truly look at it, the business of short-term credit to manage payments is much bigger than its origins in trade finance. The UAE is strategically located to facilitate asset trading across a …
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Dubai Holding to Launch Region’s First Digital Bank
Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch a next generation digital bank for the UAE, with plans to expand services across the Middle East and North Africa region.
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Indian expat in UAE missing since April 28
Hailing from Srinagar in the north Indian state of Jammu and Kashmir, Irfan disappeared after he had entered the UAE in his car from Oman, his relatives and colleagues told Gulf News on Monday. Company sources said he had taken one month’s leave in early …
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New UAE federal law aims at 75% of waste recycling
The UAE’s per capita waste generation is around 1.2 to 1.3 kilogram per day — among the world’s highest, the majority of which or 77 per cent ends up in landfills, the minister told Gulf News on the sidelines of the FNC session. About nine million …
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Muslim minority communities meet in UAE to talk challenges
the news shows stories of bombings and terrorist activities,” she said. “We are trying to correct this picture that taints the image of Muslims,” Al-Ajamawi added. Canadian attendee, Muhammad Robert Heft, said the conference in Abu Dhabi was an opportunity …
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UAE is the top country to live in: Arab Youth Survey
Speaking about changing means of news consumption and trust in leadership … while Russia cements its position as a top non-Arab ally 7-The UAE remains the top country Arab youth want to live in, and want their own countries to emulate 8-Youth in the …
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