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Posted on 30/07/2019

Abu Dhabi creates $163 mln fund for “mega-events”

ABU DHABI, July 30 (Reuters) – Abu Dhabi launched a new 600 million dirhams ($163.4 million) “mega events” fund to finance potential global entertainment partners as part of its strategy to boost …
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Posted on 30/07/2019

Billiard ball-sized tumour removed from UAE patient’s brain – News |

(MENAFN – Khaleej Times) Surgeons at Cleveland Clinic Abu Dhabi have removed a brain tumour the size of a billiard ball from a 34-year-old man, ending his 10-year search for a cure to his …
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Posted on 30/07/2019

Dubai’s Jumeirah Cuts 500 Jobs as Tourism Industry Struggles

Dubai’s hotels are struggling as growth in the tourism sector … The government introduced measures to stimulate the economy such as lowering certain business fees and issuing longer-term visas. …
( read original story …)


Posted on 30/07/2019

Trump aide submitted drafts of 2016 ‘America First’ energy speech to UAE for edits, emails show

“tasked to report to his Emirati intelligence handlers on topics of consequence to the UAE,” the House report said, citing an Intercept news report. William F. Coffield, an attorney for al …
( read original story …)


Posted on 30/07/2019

Abu Dhabi’s Mubadala says assets grew by 80% to $229bn in 2018

ABU DHABI: Abu Dhabi state investor Mubadala Investment Co. said on Monday its assets under management rose 80% in 2018, as it continues to invest across sectors globally. The results are the first …
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Posted on 30/07/2019

UAE- Mubadala assets jump 80% on new investments – News |

The Abu Dhabi-based state fund said despite global macroeconomic turbulence in the fourth quarter of the year, the group delivered stable financial results, with total comprehensive income at Dh12 …
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Posted on 30/07/2019

New Abu Dhabi-Ajman bus service launched – News |

(MENAFN – Khaleej Times) The commute between Abu Dhabi and Ajman just got easier with the two emirates signing a deal to operate buses. The service will begin in August and cost Dh30 per passenger. …
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Posted on 29/07/2019

Dubai-Sharjah ferry: Gulf News tests the new service

Dubai-Sharjah: Arrive in just one hour and 15 minutes from Sharjah to Sheikh Zayed Road in Dubai, during peak traffic hours. No, this is not a figment of our imagination, but a reality that the …
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Posted on 29/07/2019

Fintech gains grounds in UAE

In 2018, there were 142 fintech startups in the UAE listed on the Magnitt platform, which is an increase of 33 per cent compared to 2017. The first half of 2019 witnessed fintech recording maximum …
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Posted on 29/07/2019

Dubai Economy unveils R&D platform initiative

Maria Al Rais, director of Business Development at Dubai Economy, said: “We are delighted with the response from academia and industry. There is keen interest from both sides to join the R&D …
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Posted on 29/07/2019

KT experiment: Ferry trip vs bus ride vs long drive in Dubai – News |

(MENAFN – Khaleej Times) Commute between Dubai and Sharjah daily? How will it all change with the new ferry systemstarting July 27 between the two emirates from Saturday? Join our live blog as we …
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Posted on 29/07/2019

Sharjah family grieves for son shot dead in US

A former Sharjah Indian School student was shot dead in a gas station robbery in Alabama in the US last Wednesday. His funeral takes place on Monday, a UAE-based relative has told Gulf News. …
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Posted on 29/07/2019

Sharjah police solved over 2,269 financial disputes in 2019

Sharjah Police’s initiative “Reconciliation is good” settled over 2,269 financial disputes during the first half of 2019. The initiative was carried out by the financial complaints unit of the Sharjah …
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Posted on 29/07/2019

Abu Dhabi waives 1% fee for refunding re-export security deposits

The Abu Dhabi Executive Council has issued a resolution to waive the 1 per cent fee collection when refunding the security deposit paid for the value of temporarily imported goods, reducing operating …
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Posted on 29/07/2019

UAE-based family’s only son shot dead in US supermarket robbery

But when the news was broken to them, they were inconsolable,” said Vengali. Neil’s father, Kumar Purushu and his wife Seema have been living in Sharjah for the last 52 years and all their three …
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Posted on 29/07/2019

Dubai-based VC Turns an Idea Into a Revenue Generating Startup Within 7 Days in New Reality Web Series

the crew behind venture capital firm ASA Ventures teams up with an entrepreneur to turn an idea into a revenue generating startup in just 7 days DUBAI, UAE, July 28, 2019 /PRNewswire/ — ASA …
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Posted on 28/07/2019

Sharjah police settled 2,269 financial disputes in 2019

Sharjah: Sharjah police have settled 2,269 financial disputes in the first half of 2019 without cases having to go to court, an official said on Sunday. The police have returned more than Dh115 …
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