Sharjah: Sharjah Police have arrested a young motorist for reckless driving in a residential area in Khor Fakkan and putting lives of people in danger after a video of his road stunt went viral on social media. The video clip circulated on social media …
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UAE plot to wage financial war on Qatar revealed
A United Arab Emirates plan to attack Qatar’s financial system has been revealed in a folder of an email account belonging to the UAE ambassador to the US, Yousef al-Otaiba. The Intercept, a US-based investigative website, obtained the folder and exposed …
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HFTP and Naseba Set Final Details for Inaugural HITEC Dubai Event
are bringing the world’s largest and oldest Hospitality Industry Technology Exposition and Conference(HITEC®) brand to Dubai, UAE for the first time. HITEC Dubai will take place from November 14-15, 2017 at the Conrad Dubai in Dubai, UAE – serving as …
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Lord heads to Dubai, with an eye on scouting foreign technology
Ellen Lord, seen here in a file photo, will be the top American at the Dubai Air Show. (Alan Lessig/Staff) WASHINGTON – When the Pentagon’s top acquisition official hits the show floor at next week’s Dubai Air Show, she will be keeping a keen eye out …
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France’s Macron heads to Riyadh from UAE in surprise trip
“The missile which was intercepted by Saudi Arabia launched from Yemen, which obviously is an Iranian missile, shows precisely the strength of their” program, Macron told journalists at a news conference held at a French school in Dubai. Iranian state …
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Dubai gets sucked into Saudi corruption turmoil
The Dubai stock market — the most active the Gulf region after Saudi Arabia — posted losses for four straight days following news of the purge. It ended the week down 5%. Emaar, the developer behind the Burj Khalifa — the world’s tallest tower — saw …
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Dubai property market shows signs of maturing
DUBAI — Off-plan property sales now account for more than half of total real estate transactions in Dubai for the first time since 2008, it was revealed Wednesday. While the gap between off-plan transactions and sales of ready property for the first 3Q …
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Technology to boost new wave of SMEs in UAE
The UAE is primed for a new wave of small and medium-sized enterprises (SMEs) development led by innovation and technology, according to a new report titled ‘Charting the Future of SMEs in the UAE’. The report was launched on the sidelines of the SME …
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Dubai business activity rebounds in October thanks to strong retail activity
Dubai’s business activity improved last month, boosted by the emirate’s wholesale and retail firms, with optimism across all sectors rising in spite of ongoing price discounting to secure new business. Emirates NBD’s Dubai Economy Tracker Index rose …
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UAE to be hub for promoting alternative medicines
Dubai: The UAE is set to become the hub for promoting traditional, complementary and alternative medicines in the region with the country joining hands with India in principle on several plans. Top officials of both countries held elaborate discussions on …
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Rare swallowing disease reported in UAE
Abu Dhabi: An increase in the reported number of cases of achalasia, a rare swallowing disease, has doctors at a leading multispeciality hospital in the capital quite concerned. In a statement sent on Thursday, Cleveland Clinic Abu Dhabi announced that it …
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Dubai Police break world record for heaviest aircraft pulled
Dubai: Dubai Police personnel have broken the Guinness World Record by pulling an A380 Emirates aircraft for 100 metres as part of the 30-day Fitness Challenge. Fifty-six police officers pulled the 302.68-tonne aircraft to break the former record which was …
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Emaar’s IPO signals market optimism, says expert
For Dubai-based Emaar Development, the leading regional developer, it is the public itself, says an expert. Emaar Development’s initial public offering (IPO) is set for November 22 on the Dubai Financial Market. Even with 20 per cent of the company being …
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Saudi billionaires said to move funds to escape asset freeze
Gulf investors sold a net $92.5 million of Dubai stocks on Tuesday … London-based co-chief investment officer of emerging-markets hedge fund Capricorn Fund Managers Ltd. The central bank “has strong systems in place to track flows and excellent …
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Dubai Fitness Challenge at Burj Park this weekend
Dubai: Stretch and sweat it out in an outdoor gym with the Burj Khalifa in the background this weekend as the Dubai Fitness Challenge is taking place at Burj Park in Downtown Dubai this weekend. Organisers have transformed the Burj Park into an outdoor gym …
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Dubai’s DEWA inks deal for phase 3 of giant solar park
Dubai Electricity and Water Authority (DEWA) has signed an agreement with both Abu Dhabi Future Energy Company (Masdar) and Électricité de France (EDF) to promote cooperation in developing and financing the 800MW third phase of the Mohammed bin Rashid Al …
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UAE, India keen to expand ties in space, renewables
I see the potential for advanced technology and small and medium enterprises too. I think the established joint fund will also play a vital role in strengthening those sectors to a higher level. We want to build the UAE on a knowledge-based economy,” he added.
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