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Posted on 24/11/2016

UAE drops extramarital sex charges against woman who reported rape

The United Arab Emirates has decided to drop extramarital sex charges against a British woman who reported being raped in Dubai. The two men she accused of raping her have also been exonerated. A legal expert says the Dubai public prosecutor likely …
( read original story …)


Posted on 24/11/2016

Hoarding cash in UAE: Why it's bad for finances

Dubai: It is believed that billions of dirhams are stashed in … when you don’t have physical cash with you in hand,” the non-resident Indian told Gulf News. Jasmin from the Philippines does the same, citing that she has more chances of growing …
( read original story …)


Posted on 24/11/2016

Amaya founder David Baazov confirms Dubai firm not part of funding for takeover

Baazov says the Dubai-based firm has not committed to provide financing for the deal. Amaya founder bids $3.5B to take over the company PokerStars owner Amaya, William Hill fold their hands on merger talks He says he intends to obtain replacement financing …
( read original story …)


Posted on 24/11/2016

Red Arrows to put on soaring show in Abu Dhabi

Squadron Leader David Montenegro, team leader of the Royal Air Force Aerobatic Team and Red 1, told Gulf News on Wednesday that, “Abu Dhabi is the penultimate performance of a major 60-day tour of the Asia-Pacific and Middle East regions. The display …
( read original story …)


Posted on 24/11/2016

UAE drivers prefer high-quality car insurance over cheaper options

Over two-thirds of UAE drivers prefer to purchase the best car insurance coverage, rather than the cheapest, according to a survey from compareit4me.com, the Middle East’s leading financial comparison site. The survey, conducted between October and …
( read original story …)


Posted on 24/11/2016

Case dropped against British tourist who reported 'rape' in Dubai

A woman who was arrested for having extramarital sex after she claimed she was raped by two men in Dubai will not face trial. The case against the alleged victim, in her 20s, has been dropped after investigators decided the act was consensual. Dubai’s …
( read original story …)


Posted on 24/11/2016

Dubai gang rape case that put alleged victim in jail is tossed

The case of a British woman who claimed she was raped by two other British tourists in Dubai – and then jailed for having extramarital sex – has been thrown out, reports say. Zara-Jayne Moisey, 25, claimed that Dave Butlin, 22, and Louis Harris …
( read original story …)


Posted on 24/11/2016

UAE Ministry of Economy unveils ‘Be Happy – Visit UAE’ app

The UAE Ministry of Economy (MoE) has launched the first phase of its ‘Be Happy – Visit UAE’ application as part of its featured initiatives for UAE Innovation Week 2016 at the Tourism Innovation and Transformation Forum 2016 organised by the Ministry.
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Posted on 24/11/2016

UAE hotel occupancy rates continue to slide

Dubai: By any measure, there aren’t enough tourists to fill all the hotel rooms in the UAE. The latest data released by research firm STR showed that due to a slow influx of holidaymakers, coupled with a huge supply of new hotels, occupancy numbers, as …
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Posted on 24/11/2016

Motorbike users in Abu Dhabi fret parking fee may be on the way

The Department of Municipal Affairs and Transport (DMAT), which regulates transportation in the emirate of Abu Dhabi, however told Gulf News that bikers do not yet have to pay for parking as long as they do not block a full parking space. For now …
( read original story …)


Posted on 24/11/2016

Preview: Abu Dhabi Grand Prix – Round 21

7:26 – Abu Dhabi will again play host to Formula 1’s season finale in 2016, as Mercedes team-mates Nico Rosberg and Lewis Hamilton fight for the title. GPUpdate.net previews the action and lists the key facts. Abu Dhabi and the visually-stunning Yas …
( read original story …)


Posted on 23/11/2016

Dubai firm says not part of Amaya deal; files SEC complaint

Dubai-based investment firm KBC Aldini Capital Ltd. has “no involvement” whatsoever in the proposed multibillion dollar privatization deal for Canadian online gambling company Amaya Inc. and has filed a complaint with U.S. regulators, says its top …
( read original story …)


Posted on 23/11/2016

Digital Detectives: UAE-Based Startup Comae Technologies

A routine Friday like any other was thrown out of gear for internet users in the US and parts of Europe in October when hackers disrupted access to some of the world’s best known and widely used websites such as Twitter, Netflix, PayPal and others.
( read original story …)


Posted on 23/11/2016

Cybercrime cost UAE Dh5.14b this year

The financial cost of cybercrime to the UAE has reached $1.4 (Dh5.14) billion to date this year, an increase of 4.9 per cent as hackers take advantage of consumer complacency, said an industry expert. Globally, the financial cost decreased by 16 per cent …
( read original story …)


Posted on 23/11/2016

Mohammad Bin Rashid launches fund to finance innovative projects

Dubai: A fund to finance innovation projects has been created to boost the country’s approach towards innovation and facilitate the setting up of enterprises by innovative entrepreneurs. His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President …
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Posted on 23/11/2016

Market speculations on upcoming bank mergers still afloat

“We do not have any information from any official source about this topic [the merger], and it has not been discussed with the bank’s management,” UNB said in its statement. Challenges in the UAE’s operating environment on the back of lower oil …
( read original story …)


Posted on 22/11/2016

Dubai rape claim woman's case dropped

A British woman, who was charged with having extra-marital sex in Dubai after reporting she was raped, has had all charges against her dropped. The woman was arrested and had her passport confiscated after she claimed she was raped by two British men.
( read original story …)


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