October 2017 — Topical news of the United Arab Emirates

October 4, 2017 no comments 933
More than half of UAE online purchases come from overseas vendors, according to report by Addleshaw Goddard Residents in the UAE spend on average $400 per month each (£311 or AED1,500) on internet shopping – but more than half of their purchases come from overseas vendors, according to a...

October 4, 2017 no comments 1042
Abanos, a leading holistic interior fit-out and joinery company based in the UAE, said it has been awarded a major contract for the upcoming Art of Living Mall (Art Centre) project located on Umm Sequim road in Dubai. The project, which boasts a 510,000-sq-ft built-up area and features...

October 4, 2017 no comments 845
Abu Dhabi Ports has launched Maqta Gateway, the first fully digitalised system of its kind in the UAE providing services to shipping agents and custom brokers among others to boost business efficiency and facilitate trade in Abu Dhabi, UAE. The project was officially inaugurated by Sheikh Hamed...

October 4, 2017 no comments 918
Dubai project is the first of its kind in the Gulf, with a total capacity of 250MW and a lifespan of 60-80 years Engineering studies have started for a planned AED1.9 billion ($520 million) hydro-electric power station that will make use of the water stored in Hatta Dam, Dubai Electricity...

October 4, 2017 no comments 1113
Dubai Municipality to build project on Dubai-Al Ain Road; to include dedicated cycle paths, walkways and sports fields Dubai Municipality on Tuesday announced that it has completed all necessary procedures to plan a new residential area for citizens in Umm Nahd-3 on the Dubai-Al Ain Road...

October 3, 2017 no comments 1040
A Dubai government initiative set up to encourage collaboration around a range of new technologies has said it has received expressions of interest from over 100 organisations looking to get involved in the first phase of its Area 2071 initiative. Area 2071, which is being developed across...

October 3, 2017 no comments 929
DUBAI/ABU DHABI- State-owned Abu Dhabi National Oil Co (ADNOC), which manages almost all of the proven oil reserves in the United Arab Emirates, is expected to start syndicating a $6 billion loan as early as this week, sources familiar with the matter said. The loan, a revolving credit...

October 3, 2017 no comments 957
The emirate was said to have been encouraged by Saudi’s $12.5bn sale last week Abu Dhabi has raised $10bn from its first ever 30-year dollar bond sale intended to help plug its budget deficit. Bloomberg cited sources as confirming the emirate had been encouraged by Saudi Arabia’s...

October 3, 2017 no comments 913
The rejections make the previous verdicts issued by the Abu Dhabi Federal Appeal Court final The UAE’s State Security Court, part of the UAE Federal Supreme Court, has rejected six separate appeals of individuals who were convicted of various crimes related to state security. The...

October 3, 2017 no comments 1086
Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has unveiled plans for Vida Harbour Point, a new waterfront lifestyle project in Dubai and the seventh upcoming hotel project in the UAE under Vida Hotels and Resorts. Vida Harbour Point is the second hotel...

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