2017 — Topical news of the United Arab Emirates

March 29, 2017 no comments 1054
ABU DHABI // Cities along the UAE coastline are at high risk from rising sea levels, a long-term forecast for climate change says. Environmental changes could lead to 8 per cent of Ajman being lost to rising water, 2 per cent of Sharjah and up to 5.9 per cent of Umm Al Quwain by 2100,...

March 29, 2017 no comments 968
ABU DHABI // A free bus service connecting two of the capital’s most prominent landmarks was launched on Tuesday. The Sheikh Zayed Grand Mosque Centre announced the start of a daily service carrying visitors between the mosque and the nearby Wahat Al Karama martyrs’ memorial. The bus...

March 29, 2017 no comments 935
The increase brings year to date traffic at the airport up 9.3 per cent Dubai Airports has announced an 8.8 per cent increase in traffic at Dubai International in February to nearly 6.95 million passengers. The increase brings year to date traffic at the airport up 9.3 per cent to...

March 29, 2017 no comments 867
Rahayel City aims to become a focal point for all automotive manufacturers, distributors, service providers and dealers Abu Dhabi's industrial development body has announced plans to build an integrated 'Auto Hub' which aims to become a focal point for all automotive manufacturers,...

March 29, 2017 no comments 873
Co-founder also says at least some of the proceeds from sale will be invested back in the business Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said. Amazon and...

March 29, 2017 no comments 931
ZonesCorp, the largest developer and operator of purpose-built industrial zones in the UAE, is set to develop Rahayel City, a new, world class, integrated ‘auto hub’ in Abu Dhabi at an estimated cost of Dh1.6 billion ($435 million). Unveiling the plans at the ongoing Global Manufacturing...

March 28, 2017 no comments 917
Dubai-based investment bank Arqaam Capital is launching a globally focused hedge fund, it said on Monday, becoming one of only a handful of local firms to offer such a product. Although Dubai has been growing rapidly as a banking centre, the local fund management industry has largely...

March 28, 2017 no comments 952
Abu Dhabi: The UAE is aiming to attract $75 billion by 2025 into the country’s new industrial manufacturing sector, the UAE economy minister said in Abu Dhabi on Monday. In his inaugural address at the world’s first Global Manufacturing and Industrialisation Summit, Sultan Bin Saeed Al...

March 28, 2017 no comments 844
Dubai's Union Properties surges after dividend proposal Emaar Malls share price dropped in Dubai Financial Market after reports that it was expected to enter the race to acquire e-commerce portal Souq.com. Quoting sources familiar to the offer, Arabian Business reported that Emaar...

March 28, 2017 no comments 886
Country forecasts savings by switching half its power needs to clean energy by mid century The United Arab Emirates forecasts that savings generated by switching half its power needs to clean energy by mid century will outstrip the investment costs. The Gulf state plans to invest...

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