UAE Seeks $70B in Industrial Investment Amid Oil Price Slump

As the global oil price slump takes its toll on Gulf countries, the UAE is boosting its non-oil sectors, now seeking to lure in more than US$70 billion in industrial investment by 2025, according to UAE officials. These investments would increase the ... ( read original story ...)

Abu Dhabi Grand Slam Rio de Janeiro Day 2 Results

Rio De Janeiro, Brazil, 13 November, 2016: The Abu Dhabi Grand Slam in Rio Den Janeiro continued where it left off yesterday, as the UAE National team had another impressive set of performances at the No Gi divisions and won a total of 24 medals in the ... ( read original story ...)

UAE jails Emiratis up to 10 years for Islamist links

the Gulf News said. The man drew slogans and symbols on public law promoting the jihadist group as well as "slanderous and degrading phrases about state officials", it added. The United Arab Emirates is a member of the US-led coalition that has been ... ( read original story ...)

UAE will soon have a $1 billion online shopping platform

Some large international stores often have long delivery times to Dubai, so we’re constantly looking for the next local e-commerce store, even if it’s a small boutique. If you’re an avid spender, news that an online shopping platform costing $1 ... ( read original story ...)

Uzbek refereeing team to officiate UAE VS Iraq

The international football governing body FIFA delegated the responsibility of refereeing the UAE against Iraq encounter to an Uzbek team FIFA delegated the task of officiating the match that will see UAE face Iraq in the World Cup 2018 Asian Qualifiers to ... ( read original story ...)

Shura Council Chairman receives UAE ambassador

Manama, Nov. 14 (BNA): Shura Council Chairman Ali bin Saleh Al Saleh received today the UAE ambassador to Bahrain Abdul Redha Abdullah Al Khouri. He stressed strong and deep-rooted historic relations between Bahrain and the UAE and both countries' unified ... ( read original story ...)

Dubai investment company GGICO restructuring $643 mln of debt

DUBAI Nov 14 Gulf General Investment Company (GGICO ... It completed a 2.8 billion dirham restructuring in 2012. The news confirms a Sept. 29 Reuters story in which banking sources said that the Sharjah-based company was seeking to restructure part ... ( read original story ...)