Latest UAE News
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UAEs $3 bln aid for Egypt will take time UAE finmin
Deputy Ruler said on Friday. "We are going in the right way but it will take time. I cannot tell you exactly when but they (the funds) are on the ...
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Etisalat said to be highest bidder for Maroc stake
Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to two people familiar with the ...
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Etisalat makes top bid for Vivendis Maroc Tel sources
By Leila Abboud and Sophie SassardPARIS/LONDON (Reuters) - Gulf telecom operator Etisalat has offered a higher price for Vivendi's Maroc Telecom stake than rival Qatari bidder Ooredoo, according to 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 ...
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Dubai Shines Again at Luxury Travel Awards
Dubai is one of the most popular destinations for luxury travelers. People from all over the world choose to enjoy the pricey pleasures of life in the City ...
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Magic returns to the Etihad for Scott Dureau and Adrian Purtell
Scott Dureau, of Catalan Dragons, will make his comeback at the Magic Weekend in Manchester after having a tumour removed. Photograph: Andrew ...
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Dubai’s newest theme park to be ready early 2014
A brand new theme park will soon open doors in Dubai. The facility is called IMG Worlds of Adventure (IMGWOA) and it is developed by IMG Group. It is expected that Worlds of Adventure will be ready to welcome its first visitors at the beginning of ...
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Jet tanks 5 on profit booking shareholders clear Etihad deal
Jet Airways scrip today fell by 5 per cent on profit booking ahead of quarterly results, even as its shareholders approved the sale of 24 per cent stake to Abu Dhabi-based Etihad. After falling 4.66 per cent to Rs 557 in intra-day trade, shares of the carrier ended at Rs 562.70, down 3.69 per cent on the BSE. The fall was sharper at the NSE, where the stock settled 5.01 per cent lower at Rs 557. ...
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Go Green Abu Dhabi Hopes Students Can Boost Environmental Protection – Al
sustainable development in the UAE , the Ministry of Higher Education and Scientific Research announced on Wednesday. The team, which will go into action in early June, has begun to draw up a strategy aiming at boosting the ministry's contributions to environmental and societal work as a top priority, along ...
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Technip wins Abu Dhabi oil gas contract
Technip has been awarded a turnkey EPC contract to modify and revamp flares on the Das Island site off the coast of Abu Dhabi. The company was awarded the lump sum contract - the value of which was not declared - by ADMA-OPCO, a subsidiary of Abu Dhabi's National Oil Company. The project aims to mitigate the hazards due to the existing atmospheric flares on offshore associated gas and ...
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Emirates increases Dubai-Colombo flights
Emirates will increase services to Colombo from June 30. The airlines will add three more flights between Dubai and Colombo on Mondays, Thursdays and ...
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Dewa staff show charity begins at home
Dubai: Employees of Dubai Electricity and Water Authority (Dewa) will put their unwanted possessions to good use by giving them away to charity through the ‘Why Do You Keep it?’ ...
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Dubai Expo 2020 May Create Over 270000 Jobs
hosting World Expo 2020 and if the city's bid is successful, the event will bring in huge economic benefits by generating activities worth billions of dirhams. In addition, a new research from Oxford Economics says that the project will create more than ...
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Shareholders at Indias Jet approve Etihad stake deal
Shareholders in India's Jet Airways approved an agreed sale of a 24 percent stake in the airline to Abu Dhabi's Etihad Airways, a senior executive at the Indian carrier said on ...
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Louvre Abu Dhabi is a modern marvel in the making
The stunning dome designed by Jean Nouvel will be the first thing visitors to the Louvre Abu Dhabi will see when they arrive at the museum in 2015. Courtesy Tourism Development & Investment ...
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Dont sweat - Air-conditioned sports facilities coming for summer in Abu Dhabi
ABU DHABI // Keeping fit during summer is never easy,especially when it is hotter than 45C. But Abu Dhabi Municipality is helping residents in the capital to stay on their toes this year. The civic body plans to erect five air-conditioned, covered sporting pitches on the Corniche in front of the Hilton, in the car park behind the hotel and on Al Bateen beach. They will include a football ...
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Sheikh Abdullah discusses ways to combat international money-laundering
ABU DHABI // The Foreign Minister, Sheikh Abdullah bin Zayed, met the US Treasury's undersecretary for terrorism and financial intelligence, David S Cohen, in Abu Dhabi on Thursday to discuss international efforts to combat terrorism and money-laundering operations. He also met the European Union special representative for the southern Mediterranean region, Bernardino Leon, to discuss a ...
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Abu Dhabi hires key role for New York franchise
Claudio Reyna, left, is the first key appointment for Manchester City's MLS franchise team, New York City Football Club. (Photo: Manchester City ...
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Dubai-Colombo Emirates flights increase
Emirates will increase services to Colombo from June 30. The airlines will add three more flights between Dubai and Colombo on Mondays, Thursdays and ...
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Dubai fund ICD may raise $2bn loan target
Investment Corporation of Dubai (ICD), the holding company for some of the emirate's best-known companies, may increase the size of a $2bn loan after significant interest in the deal from lenders, banking sources ...
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Quick ride aboard Dubai Metro Peak-hour frequency increased
While a Metro would arrive at a platform every 3.5 minutes one month ago, Metro commuters will not wait any longer than 3 minutes with the new Metro frequency during peak hours, which lasts from 6.30-9am, and 4.30-8 ...
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China star helps launch Ping Pong Dubai
UAE player Rashid Abdul Hamid (right) was joined at the World Championships in Paris by China star Xin Xu, the world No 1, to launch Ping Pong Dubai. ...
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Stand-up comedians – Bharti Singh Kapil Sharma take centerstage in UAE
If laughter is the best medicine than no one is a better doctor than Bharti Singh and Kapil Sharma. The famous stand-up comedians are in Dubai for the first time ever to make you laugh your heart out. Savour the flavour of slap-stick ...
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UAE bank says clients did not lose money in cyber fraud – Peninsula On
DUBAI: A Middle Eastern bank that fell victim to a major cyber fraud said that none of its customers had lost any money in a scam which it believed had also caught up lenders in the US and beyond. National Bank of Ras Al Khaimah (RAKBANK) said the fraud had happened at the end ...
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Currency moves cause UAE expat workers to feel the pinch
Kumudu Malani sends the Dh2,000 monthly salary she earns cleaning flats in Abu Dhabi straight home to Sri Lanka. Her food and accommodation are provided by her company. But currency appreciation at home means the money she sends back is worth less than it was six months ago. ';I have two children. I use it ...
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Middle East United Arab Emirates Travel and Tourism Sector Shines
is growing significantly faster than the world GDP growth average, according to economic research released by The World Travel Tourism Council (WTTC). Figures show that the industry contributed 14 percent to the UAE economy in 2012 - well above the global trend of nine percent. A total of AED193.6 billion (US$52.7 billion) of the UAE's GDP came ...
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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