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Posted on 22/02/2017

Jobs in UAE: These sectors are hiring

Within the next three months, 52 per cent of UAE employers said that they are ‘definitely’ or ‘probably’ going to hire. Employers in the UAE have revealed that they are planning to start hiring new employees very soon, particularly in the real estate …
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Posted on 22/02/2017

$931 mln in defence contracts announced on day four of Abu Dhabi expo

ABU DHABI Feb 22 The United Arab Emirates (UAE) announced 3.42 billion dirhams ($931 million) in defence procurement contracts on Wednesday, the fourth day of the biennial International Defence Exhibition (Idex) in Abu Dhabi. The UAE Armed Forces have …
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Posted on 22/02/2017

UAE orders MBDA anti-ship missiles

Feb. 21 (UPI) –MBDA reports it has been contracted to supply the United Arab Emirates navy with Marte MK2/N anti-ship missiles. The number of missiles and contract details were not disclosed, but the weapons will be carried by the navy’s high-speed …
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Posted on 22/02/2017

UAE honours business excellence, innovation

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, honoured 32 companies that were named winners of the ninth cycle of the Mohammed bin Rashid Al Maktoum (MRM) Business Award and the first cycle of the MRM Business Innovation Award …
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Posted on 22/02/2017

Dubai expats keen to celebrate milestone year with vigour

Emmanuel Kamarianakis, Canadian Consul-General in Dubai, told Gulf News he is overwhelmed by the response from Canadian expats to this year’s historic anniversary judging by the turnout of hundreds at the launch of Canada 150 in Dubai on January 18 …
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Posted on 22/02/2017

Fire guts US mansion owned by UAE Embassy

A mansion in Fairfax County, Northern Virginia owned by the UAE embassy in the US went up in flames on Saturday morning, according to a Washington Post report. The report cited property records and two men who lived there in saying the home is owned by the …
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Posted on 22/02/2017

Dubai has plans for the world’s first rotating skyscraper where the views constantly change

However, right now it is unclear where the building will be located, so exactly what views of the incredible Dubai skyline will be on offer remain to be seen. Get the top travel news stories delivered straight to your inbox every weekday by signing up to …
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Posted on 22/02/2017

Dubai: Panel clears DP World of Djibouti allegations

DUBAI, United Arab Emirates – Dubai’s government says an arbitration tribunal has cleared port operator DP World of allegations of wrongdoing over its operation of an East African port. The government of Djibouti brought a legal challenge against Dubai’s …
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Posted on 22/02/2017

Dubai faces traffic snarls in rain, temperature dips to 12°C

Dubai: Dubai faced heavy traffic jams due to the rainfall that hit earlier on Tuesday morning as hazy weather continued over the UAE. The National Centre of Meteorology and Seismology (NCMS) reported rainfall across the city that covered all the routes …
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Posted on 21/02/2017

Revealed: Winners of business innovation award

Dubai: Thirty companies were honoured here on Tuesday that recognizes business innovation among UAE companies. The Dubai Chamber of Commerce and Industry hosted the 9th edition of the Mohammad Bin Rashed Al Maktoum Business Awards, a member of Mohammed Bin …
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Posted on 21/02/2017

Six banks pitch for Aramco IPO role on Saudi bourse – sources

DUBAI/RIYADH (Reuters) – Saudi oil giant Aramco [IPO-ARMO.SE] has received proposals from at least six banks for an advisory role on the firm’s planned initial public share offering, sources familiar with the process said on Tuesday. Saudi authorities are …
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Posted on 21/02/2017

Abu Dhabi: Restaurants issued ultimatum on fire safety

Abu Dhabi: Repeat fire safety violations can result in the closure … and they must abide by all technical specifications and fire safety measures,” the official told Gulf News. “Regular inspections are carried out to ensure that all restaurants …
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Posted on 21/02/2017

Dubai’s International Finance Centre grew by 14 per cent last year

Bosses at the state-owned financial free zone, known as the DIFC, say there has been a 10 per cent increase in financial firms registered in the DIFC, and a 17 per cent rise in non-financial companies. Profits at Dubai’s financial district grew by seven …
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Posted on 21/02/2017

UAE Set Its Sights on Mars: Plans to Colonize the Red Planet in 100 Years

The race to Mars has become more exciting as the United Arab Emirates decided to join the fray and announced its plan to colonize the red planet in 100 years. The century-long project, dubbed as “Mars 2117,” aims to establish the first inhabitable human …
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Posted on 21/02/2017

This Oil Nation Aims To Colonize Mars

The Emiratis, despite the oil price crash, still have a respectable stash in their sovereign wealth fund, the Investment Corporation of Dubai. The fund was worth US$175 billion three years ago, when it launched its international expansion strategy …
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Posted on 21/02/2017

China's CNPC Buys Stake in $22 Billion Abu Dhabi Oil Venture

China National Petroleum Corp. bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 percent of global crude reserves looks increasingly to Asia, its biggest market, for investment to raise output capacity. Asia will …
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Posted on 20/02/2017

UAE a positive force for technology firms

The UAE is ripe for further development of the Internet of Things and IT security but will not quickly become a key market for cloud computing, according to Dell Technologies. Dermott O’Connell, the vice president and general manager of OEM and IoT …
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