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February 2017 — BUSINESS DIRECTORY | Brand-GID | United Arab Emirates

February 4, 2017 no comments 1036
Padmanabhan had purchased his winning ticket online An Indian storekeeper has won $1 million (AED3.67 million) in Dubai Duty Free’s “Millennium Millionaire” promotion. Ajesh Padmanabhan, who works with Federal Electricity & Water Authority (FEWA) and is a regular participant in the...

February 4, 2017 no comments 853
She wanted to be named his legal heir claiming he had married her after converting to Islam Dubai: A Saudi woman, who claimed to have married an American after he converted to Islam in 2008, has lost a lawsuit she lodged against his family demanding that she be named his legal heir....

February 4, 2017 no comments 1025
Infrastructure spending keeps construction buoyant but total public debt is rising The Government of Dubai expects to record a $680 million (AED2.5 billion) budget deficit in 2017 but this will have a minimal impact on public debt levels, a Moody’s report has concluded. The rating...

February 4, 2017 no comments 977
Dubai: ‘No health insurance, no visa’ rule has now been implemented as Dubai residents are unable to renew their residence visas without the mandatory health insurance coverage, Gulf News has learnt. Typing centres authorised to renew residence visas of Dubai residents are turning away...

February 3, 2017 no comments 1095
Rents and property prices in Dubai are expected to recover in the second-half of this year as the residential market in the emirate softened at a slower rate last year, according to a new report released on Thursday. “We expect the residential property market in Dubai to gradually recover...

February 3, 2017 no comments 1068
Nasdaq Dubai says it is the third debt listing by the Investment Corporation of Dubai, takes total sukuk listings to $47.2bn Nasdaq Dubai, the region’s international stock exchange, on Thursday announced the listing of a $1 billion US dollar sukuk by the Investment Corporation of Dubai...

February 3, 2017 no comments 948
Lieutenant General Dhahi Khalfan Tamim has become known for his controversial comments Lieutenant General Dhahi Khalfan Tamim, Dubai’s deputy chief of police and public security has backed President Donald Trump’s suspension of citizens from seven Muslim countries from entering the US....

February 3, 2017 no comments 1042
Caseload increases as Dubai's financial hub gains in popularity for cross-border transactions Dubai International Financial Centre (DIFC) Courts handled a total of AED5.85 billion ($1.59 billion) of cases last year, a five percent increase on 2015, it announced on Wednesday. 2016 was...

February 3, 2017 no comments 1272
The National Bank of Abu Dhabi has introduced real-time cross-border payments on a blockchain by integrating technology from industry firm Ripple. The offering will immediately benefit customers in the Asia-Middle East remittance corridor. Announced today, the NBAD laid claim to be the...

February 3, 2017 no comments 1112
Rainfall is likely at the coastal, islands and northern areas. Clouds will take over the UAE today according to the latest updates by the National Center of Meteorology and Seismology (NCMS). Along with falling temperatures, mercury is set to plunge this weekend in parts of the UAE....
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