Latest UAE News
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UAE’s ICT Sector to Hit 22.3 per cent Growth in 2013
Global spending on IT surged by 8 per cent to US$1.5 trillion (Dh5.51tn) last year UAE recording 15 per cent year-on-year increase UAE’s ICT industry is growing by 25-30 per cent per year across all sectors Dubai, UAE ...
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What would a Dubai Expo mean for UAE professionals
Employees in the UAE should start positioning themselves now to take advantage of an expected jobs boom if Dubai is successful in its bid to host Expo 2020. That’s the advice of human resources experts in the wake of a recent economic impact report which concluded that a successful bid will ...
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DOHA BANK Sustainability a key factor for UAE Real Estate and … – 4
';A clear indication of the success of the UAE’s strategy can be seen in the Dubai Land Department’s impressive statistics for the first quarter of 2013 that show a 63% growth in the total value of transactions made reaching Dhs44bn, with the number of transactions ...
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Got an app We will fund Dubai
The UAE government is tapping into entrepreneurial creativity to streamline government services and make queues a thing of the past, for a population which is one of the highest mobile application users in the world.Dubai SME, the agency of the Department of Economic Development, has launched the SeedApp fund to support the vision of His Highness Shaikh Mohammed bin Rashid Al Maktoum, ...
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Middle Easts first Supperclub From Amsterdam to LA to Dubai
DUBAI // Dubai has already established itself as a tourist destination, but two hotels are trying something different - upmarket dining combined with theatre and music. Zabeel Saray, on the Palm, opened Music Hall, the famous Beirut music venue, in January. At the end of this month it plans to open Supperclub, a performing arts and dining venue that already operates in locations around the ...
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Dubais Ibn Battuta Mall to begin expansion
in January that expansion of Ibn Battuta Mall was on cards with the possibility of even doubling its size. The mall is themed on the journeys of Ibn Battuta, the 14th Century Arabic explorer, with each region – Andalusia, Tunisia, Egypt, Persia, India and China –reflected in the architecture and theme of the mall’s six courts. It has a site area is 5.58 million square feet ...
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HSBC signs agreement with Emirates for innovative e-Letter service
HSBC Bank Middle East Limited has entered into an agreement to provide over seven thousand employees of The Emirates Group access to an innovative e-Letter service. The online solution will enable easier processing of personal banking ...
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Coutts Polo at the Palace returns to Abu Dhabi
City Events announced the newest addition to Abu Dhabi's sports and events calendar is set for another glamorous show on the lawns of Emirates Palace, which last year welcomed sell-out crowds on an unforgettable sun-kissed weekend.The two-day tournament will once again offer spectators a unique take on polo with special 'Palace Rules' developed to make it fast paced and a ...
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2014 Chevrolet Impala celebrates Middle East debut
Chevrolet introduced the 2014 Impala, its full-size flagship sedan, to the Middle East, at a special media event at The Farm, Al Barari, in Dubai, on May 20 and ...
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Dubais MAF eyes up to $1bn investments in 2013
UAE's Majid Al Futtaim Holding (MAF) - sole franchise of hypermarket chain Carrefour in the Gulf - said it foresaw capital investments of up to $1 billion this year as it steadily expanded its foothold in the ...
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Top of the world UAE resident scales Everest for Bangladeshi slum children
DUBAI // Maria Conceicao, the founder of a charity that helps Bangladeshi slum children, has climbed to the top of Everest. The aim of the ascent was to boost awareness of the youngsters' plight and raise US$1million (Dh3.7m) to help them. The amount she has managed to raise has still to be calculated. Portuguese Ms Conceicao, who lives in Dubai, reached the summit on Tuesday and was one ...
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Sad anniversary of British Navys Timmy MacColl missing in Dubai
DUBAI // A year ago tomorrow British seaman Timmy MacColl walked out through the doorway of the Rock Bottom Cafe, stepped between the two motorbikes that stand on either side of the entrance, and vanished. Mr MacColl, who was 27, had been enjoying an evening out with shipmates at the biker-themed club in the Regent Palace Hotel, Bur Dubai. He was put into a taxi by his friends just after 2am ...
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Inside Dubais RTA Crisis Management centre
Siraj Ismail, enterprise risk manager, shows the water taxi and bus routes on the screen during a meeting at RTA's Crisis Operations Centre in Dubai. Pawan Singh / The ...
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Going desert camping New Dubai rules
Yusuf Abdulla, Acting Director of Buildings Department at Dubai Municipality said, "Next year we are planning to solve all issues faced in previous years in terms of allocating areas for winter desert ...
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Investors rush to subscribe to Abu Dhabi National Bank
National Bank of Abu Dhabi National Bank of Abu Dhabi (NBAD), Abu Dhabi's biggest lender by assets said yesterday it has issued $465 million senior unsecured convertible bonds, convertible into ordinary shares of NBAD. The issue was more than three times oversubscribed."The offering, due in 2018, was increased from an initial amount of $350 million following strong demand from ...
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Sharjah entices Saudi tourists with new Air Arabia route
More than 195,400 Saudi tourists visited the emirate last year, boosted by Air Arabia's flights to seven destinations in the kingdom. Jeff Topping / The ...
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Two drown and three are rescued while swimming off Dubais Jumeirah Beach
Two people have died after going swimming off Jumeirah Beach, Dubai Police have confirmed. A spokesman said the deceased were in the water with three others on Friday when they found themselves in difficulties. Four were taken to hospital after rescuers came to their help, and the fifth was swept out to sea. One of the four died in hospital. The body of the missing person was recovered ...
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Growing concern over rising levels of personal debt among Emiratis
DUBAI // A nationwide programme to boost financial literacy among young Emiratis was launched yesterday amid growing concern over levels of personal debt. "Financial literacy, which is critical for managing personal finances effectively, is not on par with international standards among young Emiratis," said Abdul Aziz Al Ghurari, a member of the Emirates Foundation board, chief ...
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Teen planned to attack his high school with bombs
An Oregon high school student is being charged with attempted murder after the authorities say he planned to attack his high school with bombs. The student, 17-year-old Grant Acord, was taken to a juvenile jail Thursday night after police received a tip that the youth was making a bomb to blow up West Albany High School. Benton County District Attorney John Haroldson said late Saturday ...
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Sharjah door delivery booze service busted
Sharjah Police have arrested a watchman who used a room in the building he worked in, to run an illegal bootlegging business. Two others involved in the crime were also arrested. The suspect, of Asian nationality, used the electricity transmitter room on the roof of a building in the Al Butaina area to store around 647 bottles of alcohol. The arrests come as part of Sharjah Police’s ...
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Why every woman now wants to be Angelina Jolie Dubai demand for breast cancer gene test
1: Angelina Jolie ($30 million) - Jolie is the only woman making bank for playing action heroes these days. 'Salt', which was originally written for Tom Cruise, brought in $300 million on a budget of $110 million. Her other movie from 2010, 'The Tourist', earned 75% of its $280 million box office overseas. ...
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RTA increases Dubai Metro peak-hour frequency
Dubai's Roads and Transport Authority (RTA) has increased the metro frequency during peak hours, Emirates 24-7 has reported. While a metro would arrive at a platform every 3.5 minutes one month ago, commuters will not wait any longer than three minutes with the new frequency during peak hours, which runs from 6.30-9am, and 4.30-8pm. "We increased the Metro frequency at peak hours, ...
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Xumanii in partnership talks with Abu Dhabi Media
US-based Xumanii has said it has entered into initial talks to explore partnership opportunities in the UAE with Abu Dhabi Media. The firm offers a platform that broadcasts live events in HD with a new, patent pending, technology that combines hardware and software wirelessly from multiple cameras at events for an extremely low production cost. Xumanii is looking to align itself with global ...
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Etisalat increased bid for Maroc Tel
Etisalat has raised its bid for Vivendi's Maroc Telecom over rival Qatari bidder Ooredoo, Reuters has reported, citing two people familiar with the matter. Etisalat's bid needs further work, however, and has more legal conditions than Ooredoo's offer, so Vivendi has not yet made a final choice, the people said. "If Etisalat cleans up its offer, then it wins," said one of ...
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MAF to spend up to $1bn on expansion in 2013
The sole franchise of hypermarket chain Carrefour in the Gulf region, Majid Al Futtaim Holding (MAF) has said it expects capital investments of up to $1bn this year as it expands its foothold in the region, Reuters has reported. "Our capital investments could be anywhere between $600m and $1bn this year," said the chief executive of MAF, Iyad Malas. The developer and operator of ...
Dubai In-Depth
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Olympics may be Dubai's next goal
Dubai is famous for being ambitious, sometimes to its detriment, but mostly to its advantage. It was ambition that made it the city the way it is now. For some, the recent announcement of a possible Olympic bid may seem overly optimistic, but what are Dubai’s chances realistically?
Dubai does nothing half-heartedly. Fifteen years ago, Dubai was just another city in the Gulf, there was nothing particularly special about it, apart from the fact that, for western workers, it was an attractive location because of the lack of income tax, but this it had in common with many other GCC cities. Read more
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