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 ... ( read original story ...)

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 ... ( read original story ...)

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 ... ( read original story ...)

UAE to explore deeper defence ties with Australia

Australia and the United Arab Emirates (UAE) will explore closer defence ties after a meeting on Sunday between a senior Australian government minister and Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan. Australia’s Defence Industry Minister ... ( read original story ...)

The UAE's next ambitious project is to build a city on Mars

Stand on the observation deck of the world's tallest building and you'll find yourself gazing out over the UAE city of Dubai, a super-modern, gleaming metropolis built slap in the middle of a desert. The digital telescopes atop the 830-meter-tall Burj ... ( read original story ...)

Report stunt driving, urge Dubai Police

Dubai: Dubai Police urged people to report stunt drivers. The move follows after a video of stunt driving in Dubai went viral on social media. Brigadier Khalid Nasser Al Razooqi, General Director of Smart Services at Dubai Police, said the public can ... ( read original story ...)

Dubai property investment hits 42bn in 45 days

Dubai property investment has reached a total of AED42 billion in just 45 days at the start of 2017. The value of transactions registered so far this year is already the equivalent of almost half of the whole of 2016’s AED91 billion total, says the Dubai ... ( read original story ...)

China Wins Big With Stakes in $22 Billion Abu Dhabi Oil Deal

Chinese companies are big winners in the competition among foreign bidders for stakes in Abu Dhabi’s largest oil concession, snatching a combined 12 percent of the venture as the Middle Eastern emirate looks increasingly to Asia, its biggest market ... ( read original story ...)

Dubai mandatory health insurance deadline extended to March 31

Dubai: Dubai Government on Sunday issued a final deadline for mandatory health insurance and failure to honour this will result in fines, an official statement said. All employees and sponsors will have to pay fine if they fail to provide insurance ... ( read original story ...)