Abu Dhabi: Thousands of people braved the early morning humidity and heat in Abu Dhabi to congregate at mosques for Eid Al Adha prayers. Expatriates who attended the prayers expressed a deep sense of nostalgia as they recalled the times when they had …
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Abu Dhabi property firms plan merger as market faces slowdown
Two major Abu Dhabi real estate developers, Eshraq Properties and Reem Investments, said on Wednesday they aimed to merge as an economic slowdown in the emirate puts the housing market under pressure. The companies said discussions were at an advanced …
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UAE hotels look to Eid business boon
Hotels in the UAE, the second-biggest economy in the Arabian Gulf region and the top business and commercial hub of the wider Middle East, are gearing up for a four-day revenue bonanza as the country prepares to welcome flocks of tourists from the GCC and …
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Norwegian plans B737 Max service to Dubai
… be granted as Dubai’s Emirates has plied the route since 2013 and Dubai itself practises a liberal ‘open-skies’ policy. An executive of Norwegian confirmed the news to Business Traveller and told me that the airline would have six B737 Max 8 …
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Dubai-bye! Qantas ditches UAE stopovers in favour of Singapore as airline announces direct Sydney to London flights by 2022
Qantas flights out of Australia will no longer stop in Dubai, with the daily Sydney to London route going via Singapore instead. With Melbourne to London flights already flying via Perth and then non-stop to Europe, the March 2018 move means passengers …
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Michael and Fadi Ibrahim will be extradited to Australia from Dubai after being arrested on drug charges
However, the situation reportedly ‘appears as if it is a done deal,’ according to News Corp. The AFP reportedly began investigating two inter-related crime syndicates in mid-2016, with information suggesting criminals in Dubai and the Netherlands were also …
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New traffic rules: 7,592 violations in Abu Dhabi
Abu Dhabi: Abu Dhabi Police have registered a total of 7,592 road traffic violations since the inception of amended federal traffic rules in the country from July 1 until August 31, a top Abu Dhabi Police official said on Thursday. More than 2,000 people …
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UAE banking robot learns Arabic to help more customers
The robot, brought to the UAE by Emirates NBD last year, has been widely popular and will now also cater to the bank’s Arabic-speaking customers, a statement said. The bilingual Pepper will continue to interact with customers at the bank’s Jumeirah …
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Is your blockchain technology secured?
Adoption of blockchain technology remains a top agenda for the UAE government and then subsequently to the private players, but how do we ensure the security of the data given that by 2020 almost 100 per cent of government transactions will be digital in …
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RTA, Siemens sign MoU on development of 3D printing technology
The Roads and Transport Authority, RTA, in Dubai has reiterated its endeavour and commitment to harness the world’s most sophisticated technologies, to be utilised in its diverse operations to support the delivery of its services to the various social …
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UAE passport awarded a certificate
The ministry recently launched the UAE Passport Force initiative, with the goal to place the State’s passport on the list of the five most important passports in the world by 2021 upon the directives of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of …
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Cooling collars to keep Dubai street cleaners cool
Dubai: Street cleaners here now have a new way to beat the summer heat, with a cool gear unveiled recently. The Waste Management Department of the Dubai Municipality recently distributed “cooling collars” to its cleaners to protect them from summer heat …
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Dubai Future Accelerators cuts time to medical aid
Dubai: Etisalat Digital, a business unit of etisalat, and Mobile Doctors 24-7 (MD 24-7) have signed an agreement as part of Dubai Future Accelerators (DFA) programme to bring future medical care solutions to the UAE and the Middle East and North Africa …
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How Sharjah is tackling child high-rise deaths
When the new legal stipulations were brought into effect, Khalifa Bin Hada Al Suwaidi, who was director of Engineering Department at Sharjah Municipality at the time, told Gulf News that all construction, engineering and consulting offices in the emirate …
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New UAE Google hub seeks to capture imagination of technology-hooked pupils
UAE University is to work with Google to develop a technology lab that seeks to turn young people’s obsession with phones and gadgets into a desire to create their own products and businesses. The Google Innovation Hub was announced yesterday and is …
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QVT Financial’s Investments, Performance, Letters
For example, in 2009, QVT led a group of bondholders to explore their options regarding the delayed debt payments of Nakheel, a real estate company owned by Dubai World. In 2007, QVT joined six other hedge funds to urge Refco Inc. to increase its payments …
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UAE’s credit growth turns positive, but credit demand remains weak
Dubai: The UAE’s total banking sector credit returned to positive monthly growth in July, reaching 0.2 per cent month on month after a contraction of 0.5 per cent in the previous month, according to UAE Central Bank data. Modest monthly improvement …
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