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Posted on 22/05/2018

UAE approves 100% ownership of companies, new ten-year visa

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Posted on 22/05/2018

Top Trump fundraisers who sought to negotiate $1 billion in business deals with Middle East princes called Jared Kushner a ‘Clown Prince’

Elliot Broidy, a top fundraiser for President Donald Trump, pitched to Trump that UAE and Saudi crown princes could involve themselves in Jared Kushner’s Middle East peace plans. George Nader, Broidy’s business partner, privately mocked Kushner’s plans in …
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Posted on 22/05/2018

UAE Aviation Sector: Leadership in the Skies, Excellence on Land: Report

The UAE has advanced transport and telecommunications networks and leading hotels, making it a link between the East and West and an international hub for tourism, business, transit and re-exporting, enabling its modern aviation sector to succeed in today …
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Posted on 22/05/2018

UAE Minister of Economy: Decision Strengthens UAE’s Position on the Global Investment Map

He added that this strategic step would increase the inflow of foreign direct investments in the UAE, particularly key sectors that help boost trade and increase the number of projects and firms, which in turn will aid the prosperity of the business …
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Posted on 22/05/2018

Dubai Chamber explores Russia, Belarus IT markets

The Dubai Chamber of Commerce and Industry recently led a study mission to Russia and Belarus which explored business potential within the countries’ IT markets, as well as prospects for new partnerships and joint ventures in several innovation-focused …
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Posted on 22/05/2018

New $100-million hospital to open in Sharjah

Sharjah: The Sharjah Healthcare City (SHCC) Authority on Tuesday announced that Abu Dhabi-based Ahalia Group has been given the permission to set up a $100-million, 120-bed hospital in the emirate. This multi-speciality hospital spread across 50,000 square …
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Posted on 22/05/2018

UAE passport now 23rd most powerful in world

Dubai: The UAE has consolidated its position as one of the world’s most powerful passports, now ranked 23rd globally and offering more ease of travel to its citizens. The latest update to the Henley & Partners Passport Index released on Tuesday showed …
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Posted on 22/05/2018

Ramadan: Abu Dhabi has grown, so have iftar tents

Abu Dhabi: In Ramadan, days are quieter and nights are bustling with activities in Abu Dhabi whereas in the older days, the situation was just the opposite when a small community resided in the capital. Dr Qaiser Anis, 65, who has been residing in Abu …
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Posted on 22/05/2018

UAE Ministry issues stern warning over skipping school

Dubai: The pupils’ attempt to cut classes during exam week has not escaped the eye of authorities. The UAE Ministry of Education has issued a warning to children about missing school, and emphasised that pupils walking around the city during exam week is …
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Posted on 22/05/2018

Longer Visas Could Prop Up Sickly U.A.E. Property Markets

As homebuilders in Dubai and Abu Dhabi think up extravagant incentives to shake the property market out of its long slumber, the government will offer potential buyers something the companies can’t: the right to stick around. A decision to extend visas …
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Posted on 22/05/2018

Abu Dhabi-born World Championship silver medallist Besbes eyeing elusive Olympic medal

Since being a small child growing up in Abu Dhabi to spending my time training all alone in France I have always dreamt about having an Olympic medal around my neck. I feel this dream can come true in Tokyo,” Besbes told Gulf News after easing into the f …
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Posted on 21/05/2018

Abu Dhabi Commercial Bank : ADM Urges Property Developers To Expedite Registration Of Real Estate Development Projects Under Law /3/ For 2015

The Abu Dhabi City Municipality has called upon property developers to expedite the registration of their real estate development projects under the Real Estate Regulatory Law No. 3/2015. A statement to this effect was made during a meeting with escrow …
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Posted on 21/05/2018

New visa and investment rules in UAE: Your queries answered

How did the UAE markets react to the news? Markets in the UAE rallied yesterday on the news, led mainly by property stocks: Shares of DAMAC and Aldar Properties both jumped over one per cent. Traders said the Cabinet decision will give comfort to investors …
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Posted on 21/05/2018

UAE’s 10-year visa expected to boost property market

The UAE’s property market is expected to be a key beneficiary of a new 10-year visa system announced on Sunday, investors and developers said. Trading of property stocks rose in Dubai and Abu Dhabi in early trading on Monday, with Dubai’s Emaar …
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Posted on 21/05/2018

Prabhas on spending four weeks in Abu Dhabi

Even Karan called me saying that some false news is out. We don’t have any bad blood. We have a very good rapport because we worked for four years in Baahubali. I like him as a director and Kuch Kuch Hota Hai is one of my favourite movies.” Abu Dhabi is …
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Posted on 21/05/2018

New schemes suggest Abu Dhabi market has bottomed out

With a slowing rate of capital value decline across the UAE in the first quarter of 2018, developers of high-end homes in Abu Dhabi appear to be sensing a bottoming of the market and are pressing ahead with new schemes, according to international real …
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Posted on 21/05/2018

MIDEAST STOCKS-UAE’s visa move for investors boosts Dubai property stocks

DUBAI, May 21 (Reuters) – Property stocks in Dubai and Abu Dhabi rose in early Monday trading after the United Arab Emirates approved a system to grant residency visas of up to 10 years to investors and specialists. Emaar Properties rose 4 percent and …
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