ICBC leads US$1.5 billion loan for Dubai solar project

INDUSTRIAL and Commercial Bank of China (ICBC) has been mandated as lead arranger for a US$1.5 billion senior loan to help finance the fourth phase of the Mohamed bin Rashid Solar Park in Dubai. ICBC will be joined on the syndicate by Bank of China and ... ( read original story ...)

UAE telco Etisalat posts $570m net profit in Q1

In the UAE, its home market, the subscriber base grew to 12.9 million ... He added: “Adoption of cutting edge technologies is a strategic imperative that will always be a cornerstone in etisalat agenda, and while we operate in multiple markets with ... ( read original story ...)

Dubai to get exclusive student housing community

Rao said students staying at The Myriad Dubai in the summer semester, or returning home while keeping their room, will be offered a “subsidised lease”. The rent will include utility and WiFi bills. All rooms will have an en-suite bathroom. Regarding ... ( read original story ...)

World Earth Day: Middle East’s solar projects are growing

READ: What is leading UAE’s $820bn constructions? In one of its latest initiatives, Saudi Arabia has signed a memorandum of understanding with Softbank, Japanese multinational, to construct a sprawling solar power unit of 200 GW by 2030. Pegged as world ... ( read original story ...)

UAE- Technology, sustainable tourism set to headline 25th ATM

(MENAFN - Khaleej Times) New hospitality projects, advanced technologies and sustainable travel trends will be discussed and highlighted during the 4-day Arabian Travel Market 2018, which opens today at Dubai World Trade Centre. The 25th edition of the ATM ... ( read original story ...)

10 technologies that make Dubai the smart city of the future

Dubai is also fostering the growth of AI technology. From drone taxis to Martian living hubs, this is one smart city. When it comes to using technology on a mass scale, the city of Dubai has always stood out as a gleaming example of innovation. It’s as ... ( read original story ...)

New technology to midscale hotels: What to expect at ATM

Dubai: From new technologies to growing demand for mid-scale hotels and responsible tourism, hoteliers will gather at the Arabian Travel Market (ATM) to discuss and showcase the latest trends in the travel industry. The annual travel exhibition will kick ... ( read original story ...)

Dubai’s biggest bank goes live with cheque blockchain project

Emirates NBD, Dubai's biggest bank, has become the first to successfully go live at scale with "Cheque Chain", a blockchain technology project that aims to cut cheque-related fraud. Following a successful pilot last year overseen by Emirates NBD Future Lab ... ( read original story ...)