June 2017 — Topical news of the United Arab Emirates

June 30, 2017 no comments 255
Interior Ministry uses social media to alert motorists of changes With a day to go before the new Federal Traffic Law to comes into force, the UAE Ministry of the Interior continues to make motorists aware of the updated fines. The ministry is using social media channels (Instagram,...

June 30, 2017 no comments 266
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced the acquisition of Retail Arabia, the franchise owner of 26 Geant stores across the UAE, Bahrain and Kuwait as well as 4 Gulfmart supermarkets in Bahrain....

June 30, 2017 no comments 322
Kanoo Energy, a member of top industrial projects supplier Kanoo Group, recently completed a subcontracting project for fall arrest systems on ‘Ain Dubai’, a project by Meraas, set to be the world’s largest observation wheel. Renamed ‘Ain Dubai’ (previously ‘Dubai-I’), the observation wheel...

June 30, 2017 no comments 279
Oil demand is expected to pick up during the rest of the year, despite the price fall by the end of the second quarter (Q2), said the UAE energy minister, expressing optimism over the impact of Opec's recent move to extend supply curb into 2018. There is no need to jump to conclusions before...

June 30, 2017 no comments 301
Emirates, the Middle East's largest airline, said on Thursday it would work with authorities to implement new security measures on flights to the United States "as soon as possible" - a move that could help it overturn an in-cabin ban on laptops. The measures, which European and U.S....

June 29, 2017 no comments 262
No cases of the virus have been reported in the UAE so far The UAE’s Telecommunications Regulatory Authority (TRA) has confirmed that no cases of the rapidly spreading ransomware virus Petya have been reported in the country so far. The virus, which began spreading globally on...

June 29, 2017 no comments 310
Residential property prices in Dubai's rental market plunged 4.57 per cent year-on-year (y-o-y) in May due to a sharp drop in both apartment and villa prices across the emirate compared to the same period last year, said a report. The Dubai Residential Property Sales Price Index for all...

June 29, 2017 no comments 276
Dubai-based luxury property developer Seven Tides has completely sold out its Dukes Dubai Sky Collection apartments, just a month after the luxury properties were launched. The mix of 60 studio and one-bedroom properties is the final phase of hotel apartments at the Palm Jumeirah...

June 29, 2017 no comments 234
Gulf stock markets were mixed on Thursday, with banks in the United Arab Emirates and Kuwait generally weak despite a strong performance by their global counterparts. The prospect of higher interest rates from central banks around the world, including Britain and Canada, bolstered banking...

June 29, 2017 no comments 276
Dubai Ruler writes: 'It is time to get united and be one heart and protect each other without any grudge' Dubai: The path is clear. So wrote His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, in the title of an epic poem he...