Home next GCC next UAE

UAE

Abu Dhabi Global Market, KPMG select 11 finalists for fintech challenge

Two winners will be selected and invited to demonstrate their solutions at the Global FinTech Hackcelerator in Singapore

DP World to buy Dubai Maritime City, Drydocks World for $405m

Both deals are expected to close before the end of the first quarter of 2018

Microsoft launches new Surface Pro in the UAE, price revealed

The new Surface Pro comes with 50 per cent more battery life than its predecessor

Dubai’s DIFC Courts can now handle complex construction, technology disputes

The Technology and Construction Division features specialist judges and a new set of industry-specific rules

Abu Dhabi bank ADCB’s services will be unavailable for three days

The bank is carrying out a system enhancement during the end of the month

UAE’s Emaar Properties gets $1.5bn loan from First Abu Dhabi Bank

Emaar Properties plans to launch an IPO of its local real estate development business by November

Dubai’s DP World says won’t renew Indonesia port contract

The announcement comes after DP World confirmed a deal with the Indonesian government to advise on port development in July

Creditor support grows for Dubai’s GGICO $572m debt deal

The deal is set to achieve the target of 75 per cent creditor support by the end of the month, sources said

Dubai adds 50 Tesla electric vehicles to taxi fleet

The RTA signed a deal for 200 Tesla vehicles in February

UAE announces public and private sector holiday for Islamic New Year

The first day of Muharram will be determined by the UAE’s moon-sighting committee

Middle East VC firm MEVP invests in online travel site Wego

The investment was made in exchange for an equity ownership in Wego

Dubai’s RTA uses ’emojis’ to warn drivers to slow down near schools

The RTA has set up smart signs near schools in Dubai

UAE non-oil growth to accelerate in 2018

The country’s non-oil sector is expected to grow 3.5 per cent next year

Dubai approves $353.9m drainage contract around Expo 2020 site

A second phase will increase the contract to more than $680m

Dubai’s ruler opens ‘world’s first’ smart police services centre

The centre at City Walk will operate round the clock to provide 27 services to the public

Dubai awards $3.9bn contract for world’s largest concentrated solar power project

The project will feature a 260-metre tower receiving focused sunlight – the world’s tallest such tower

Banks in UAE join forces to fight cyber security threat

The UAE Banks Federation is partnering with Anomali to create the Information Sharing and Analysis Center

UAE’s travel and tourism spend set to reach $56bn by 2022

Tourism and travel accounted for 12.1 per cent of the UAE’s GDP in 2016

UAE’s NMC Health plans to expand in Europe and the GCC

NMC plans to invest in long-term care, fertility and general clinics

Dubai developer Azizi to launch two new mega projects this year

The projects will be four times the size and value of the Dhs12bn Azizi Riviera waterfront project

UAE tops MENA in ‘quality of nationality’, Saudi drops in global rankings

The UAE ranked 49 among the 195 nationalities listed on the Quality of Nationality index

UAE to open soft drinks, tobacco tax registration next week

The tax will see prices for energy drinks and tobacco products increase by up to 100 per cent

Dubai launches new smart system to make visa medical testing faster

The system will make blood test and x-ray results available electronically

Accenture to establish digital hub at Dubai’s District 2020

Accenture’s hub will join that of Germany’s Siemens AG

Speed limit on two major roads in Dubai to be reduced from October

The maximum speed limit will been reduced on Sheikh Mohammed bin Zayed Road and Emirates Road

UAE further relaxes visa rules for Indian nationals

Indian nationals with UK and EU residence visas will be granted visas on arrival in the UAE

In pics: Dubai’s ‘most expensive apartment’ sold this year

A penthouse apartment at the One Palm project by Omniyat has sold for Dhs102m

Dubai contractor Drake & Scull appoints new chairman, MD

The company has also named a new vice chairman as part of an organisational restructuring

Apple launches iPhone 8 and iPhone X, UAE prices revealed

The iPhone 8 and 8 Plus will be in stores from September 23, while the iPhone X will be available from November 4 in the UAE

Senior Dubai editor to be tried for murder this month

Francis Matthew, the editor-at-large at Gulf News, is accused of killing his wife