Dubai: The Dubai index breached the critical support level of 3,618 on Sunday, triggering selling in select shares, but analysts feel that more downside may be seen in coming weeks. The Dubai Financial Market (DFM) General Index closed 0.89 per cent lower …
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Dubai’s airport free zone to issue dual business licences
Businesses that register to operate within Dubai Airport Freezone will also be licenced to operate onshort in the emirate, following an agreement between the free zone authority and Dubai Government. Businesses that register to operate within Dubai Airport …
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Smart gates slash Dubai airport departure times
Fifteen of the new smart gates are for the economy class while ten others for business and first class. Travellers will only spend nine to 20 seconds on the new smart gates. For the moment, about 20 per cent of travellers use the smart gates in Dubai and …
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Dubai begins replacing skyscraper facades after series of fires
which is the investment vehicle of the emirate’s ruler and operates skyscrapers in Dubai’s business district. The government’s Real Estate Regulatory Agency “is now strongly encouraging all owners to replace non-fire-resistant building facades in c …
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Yukoner off to Abu Dhabi for WorldSkills Competition
So it’s not surprising that he’ll be one of 31 Canadians to compete at the WorldSkills Competition in Abu Dhabi City, U.A.E., next month. The competition is held every two years, and gathers the world’s best in the skilled trades and technology industries …
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Abu Dhabi Grand Slam Los Angeles Day 1 Results
Los Angeles, 23rd September, 2017: Abu Dhabi Grand Slam® Jiu-Jitsu World Tour returned to Los Angeles for the second leg of the season 3 [2017-18], where over 750 players from all over the world gathered at the Los Angeles Convention Center for a full …
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Hard to digest: why Philippines’ Jollibee wants to buy Pret A Manger – for ‘US$1 billion’
Within Asia, it has branches in Singapore, Shanghai, and Dubai. It also operates in France and the US … The acquisition could also be a less volatile exit strategy for Bridgepoint than an IPO. McDonald’s, which bought its 33 per cent stake just …
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Gold rush sees hedge funds seek profit from tools of trade
The Dubai Gold and Commodities Exchange set up a link to London … but they’re eager to change that.” Tarricone will offer a hedge fund next month to bet on gold and other raw materials. Arion Investment Management aims to lure $500mn in funding.
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Legg Mason (LM) & Waddell & Reed Financial (WDR) Head-To-Head Contrast
Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform … Canada, Chile, China, Dubai, France, Germany, Italy, Japan, Luxembourg, Poland, Singapore, Spain, Switzerland …
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UAE to provide US$30 million financial support to United Nations
The UAE has announced its intention to make two financial donations to the United Nations; US$15 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East, UNRWA, to help in its basic programmes for Palestinian refugees …
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Abu Dhabi offshore show opens doors as oil market strengthens
The Abu Dhabi event provides a key setting for workboat operators … For Middle East producers, this is all good news because they enjoy the lowest breakeven production costs anywhere in the world. Despite the production constraints, national oil …
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Dubai Properties to hand over Marasi residential tower in 2020
RELATED ARTICLES: Dubai Properties releases additional Arabella townhouse units | Dubai Properties begins work on Marasi Business Bay marina | Dubai Properties launches new project amid demand UAE-headquartered property developer, Dubai Properties has …
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Solar to account for 8% of UAE power capacity by 2026
The UAE’s solar energy sector is witnessing steady growth and is expected to account for almost 8 percent of total power capacity by 2026, according to new research. On September 16, Dubai Electricity and Water Authority (DEWA) announced it had awarded …
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UAE’s push on solar should open eyes across wider world
The UAE is getting used to setting solar energy records. Dubai’s latest project, awarded last Saturday, follows this pattern. But, as a leap forward in a different type of solar power plant, it has important implications for renewable energy across the …
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Dubai scores top marks for embracing digital future
Dubai leaders have demonstrated extraordinary foresight in … Kamal Mokrani is global vice-president at InfiNet Wireless.
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Emirates to launch fourth daily service to Sydney
Emirates recently improved its onboard connectivity with up to 20MB of complementary onboard Wi-Fi. Between March 25 and March 30, 2018, the inbound service EK416 will depart Dubai at 8.40pm, arriving in Sydney at 5.20pm the following day. Due to daylight …
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Virgin Mobile UAE: ‘We’re a research lab, not a telco’
managing director of Virgin Mobile UAE, told Arabian Business that the provider was best described as a research and development unit. The UAE’s third mobile provider – the youthful Virgin Mobile UAE brand – has long-term plans to disrupt the …
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