April 2018 — Topical news of the United Arab Emirates

April 29, 2018 no comments 94878
Artificial intelligence integrated in Dubai Police's most recent security systems helped solve the case An Asian gang which stole AED7m ($1.9m) in an armed robbery related to a Bitcoin scam has been arrested by Dubai Police. The gang, led by a Gulf national, assaulted and robbed two...

April 29, 2018 no comments 1026
Mubadala Investment Co was formed after a merger International Petroleum Investment Co (IPIC) during the year Mubadala Investment Company reported an operating profit of $2.9 billion for 2017 up 11.5 percent on the previous year. The Abu Dhabi-owned company, formed following a merger...

April 29, 2018 no comments 1066
Abu Dhabi’s Al Hilal Bank PJSC uncovered internal fraud worth more than Dh500 million ($136 million), reported Bloomberg citing people with knowledge of the matter.  Some employees at the Abu Dhabi state-owned Islamic lender allegedly withdrew funds from dormant customer accounts, said...

April 29, 2018 no comments 1099
Dubai's Roads and Transport Authority (RTA) has announced the opening of three new bridges as part of the Airport Street Improvement Project on Friday.  By opening these bridges, the RTA completes the opening of all bridges on the Airport Street; which considerably contributes to easing...

April 29, 2018 no comments 1068
Firms anticipating better outcomes on revenues, sales volumes, profits and new orders Confidence among Dubai businesses increased in the first quarter of 2018 and executives are even more optimistic about the second quarter, thanks to rising oil prices and brighter global economic...

April 29, 2018 no comments 936
Emirate has been taking a pioneering role in self-driving cars, automated ports, testing of delivery robots and drones and social robots among others. Dubai has been chosen among the world's top 3 model smart cities, pioneering in different public and private services for the betterment of...

April 28, 2018 no comments 1225
Improvements in government spending, employment and capital expenditure sub-components also highlighted UAE - Confidence improved in the UAE in the first quarter of 2018 as economic buoyancy across the Middle East rebounded strongly to its highest level since second quarter 2015,...

April 28, 2018 no comments 3238
Infrastructure development starts on Mina Rashid Cruise Terminal which aims to be largest in the world Infrastructure development is underway to add more capacity to DP World’s Mina Rashid Cruise Terminal as the emirate looks to cement its reputation as a global cruise tourism hub. The...

April 28, 2018 no comments 1009
Roads and Transport Authority denies route has been planned between Dubai and other emirates Dubai's transport authority on Thursday poured cold water on plans to build a revolutionary Hyperloop system connecting the city with other emirates. The Roads and Transport Authority (RTA) said...

April 28, 2018 no comments 958
Dubai developer says it is planning new partnership with Vienna House to create 600-room resort at Deira Islands Dubai-based developer Nakheel said on Saturday it is planning a new partnership with Austria’s largest independent hotel chain, Vienna House, to create a $160 million, 600-room...

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