October 2017 — Topical news of the United Arab Emirates

October 1, 2017 no comments 912
Gulf General Insurance Company (GGICO) has signed a restructuring deal on a debt pile of $584 million (2.1 billion UAE dirham) after negotiating agreements with a majority of its creditors, the company said in a press release. Dubai-based GGICO, which has been in business since 1973, has...

October 1, 2017 no comments 1003
The noon.com e-commerce online retail platform first announced by Emaar Properties chairman Mohamed Alabbar in November last year has finally been launched. As exclusively revealed by Zawya last week, the platform has finally gone live after months of delays, with the app available for...

October 1, 2017 no comments 1109
Emirate listed second in ranking of 100 cities around the world Dubai has been ranked as the second best city for driving, according to a new German survey. Ranked across a range of factors, Dubai came in second in the list of 100 cities worldwide, behind the German city of...

October 1, 2017 no comments 904
Travelling between any two points on the globe would take less than an hour Dubai to London or New York in 29 minutes? Or Sydney in 40 minutes? It’s all part of Elon Musk’s latest plan to build a new rocket ship - code named “BFR” - capable of traveling anywhere on Earth in under an...

October 1, 2017 no comments 963
The Christie's Auction House and de Grisogono Jewellers will put up on display the world's largest pure colourless diamond at "The Art of de Grisogono" exhibition in Dubai from October 17 to 19. The expo and auction is aimed at showcasing a selection of the finest diamonds in the world. The...

October 1, 2017 no comments 920
Palma Holding, a leading UAE-based group which operates across three main divisions of real estate development, sales and leasing and property management, has signed partnerships with four premium brands Dada, Dedon, Molteni&C and TechnoGym – for its Dh1.5 billion ($408 million) Serenia...

October 1, 2017 no comments 1066
The Tourism Development and Investment Company (TDIC), the master developer of major tourism, cultural and residential destinations in Abu Dhabi, has announced its first retail offering in Saadiyat Cultural District as an opportunity for business investors to lease food and beverage (F&B)...

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