March 2018 — Topical news of the United Arab Emirates

March 29, 2018 no comments 311
Brand View: Royal Pearls is designed as a residential haven in the heart of the Meydan Development Offering smart, networked and ultra-modern living spaces in a pristine, upscale location within easy reach of key urban hotspots and ensconced in a serene resort-like setting, Royal Pearls,...

March 29, 2018 no comments 273
Talal Al Hubeishi resuscitated Mohammed Sadiq by administering CPR until paramedics arrived A Dubai Airports employee has been commended for his quick thinking which helped save the life of a first-time Pakistani visitor to Dubai who suffered a heart attack. After spotting the passenger...

March 29, 2018 no comments 296
Ministry of the Economy says working on laws related to foreign investments, regulation and arbitration The share of the non-oil sector in the UAE’s GDP will rise by 80 percent by 2021, up from 70 percent in 2017, according to a study from the Ministry of the Economy. The study noted...

March 29, 2018 no comments 283
MAG EYE will be a fully gated townhouse and villa community situated in Meydan District Seven in Dubai MAG Lifestyle Development, the development arm of Dubai-based MAG Group is preparing to launch its AED4.7 billion ($1.28 billion) project MAG EYE at Cityscape Abu Dhabi next month. A...

March 29, 2018 no comments 258
Project features 354 residential units - all sold following its launch in 2015, says developer Danube Properties on Thursday announced the delivery of its third project, Glitz Residences 3, at Dubai Studio City. With a development value of AED350 million ($95.2 million), the project...

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India remains the top destination country by passenger volume with a total of 962,425 passengers during the month Dubai International Airport (DXB) welcomed nearly 7 million passengers in February, according to the monthly traffic report issued by operator Dubai Airports. The monthly...

March 29, 2018 no comments 247
A benchmark issue is usually around $500mln. DUBAI- Dubai-based Noor Bank plans to start roadshows next week for a benchmark-sized sukuk, according to a source familiar with the matter. A benchmark issue is usually around $500 million. Citigroup, Deutsche Bank and Standard Chartered are...

March 29, 2018 no comments 315
Location is currently only available via cell tower triangulation. The Dubai Police on Wednesday launched Android Emergency Location Service (ELS), designed to provide more accurate location information to first responders during an emergency. The location will be transmitted when an...

March 29, 2018 no comments 325
The rules include requiring exchange houses to appoint a compliance officer DUBAI - Money exchange houses in the United Arab Emirates have been ordered by the central bank to raise their standards, after several banks cut ties with them due to concerns about the risk of illicit financial...

March 29, 2018 no comments 396
Azizi Developments, one of the leading private developers in the UAE, has awarded a contract worth Dh952 million ($259 million) to Prestige Constructions for the deelopment of the third phase of its waterfront development Azizi Riviera, in Dubai. The work will set to start on April 1....