September 2018 — Topical news of the United Arab Emirates

September 5, 2018 no comments 760
Emirates NBD survey shows UAE private sector performance fell to a five-month low in August Employment in the UAE’s non-oil private sector was the slowest in August since 2009, according to the Emirates NBD Purchasing Managers’ Index (PMI). Due to the slowdown in employment, the...

September 5, 2018 no comments 676
Abu Dhabi Commercial Bank confirms talks at 'very preliminary stage' to explore merger with Union National Bank and Al Hilal Bank Abu Dhabi is engineering a second bank merger in its latest attempt to stay competitive in the era of lower oil prices. The shares of the two listed banks...

September 5, 2018 no comments 761
Telecommunications Regulations Authority lauds efforts of cyber defence team in combatting attacks against UAE websites A total of 274 cyber attacks targeted government and private sector entities in the UAE during the first seven months of the year, a decrease of 39 percent compared...

September 4, 2018 no comments 755
UAE says Thursday September 13 will be observed as a holiday for the public sector for the Islamic New Year The UAE has announced that Thursday September 13 will be observed as a holiday for the public sector for the Islamic New Year. Government workers will return to work on...

September 4, 2018 no comments 779
Sharjah-based developer Alef Group appoints Al Hamad Building Contracting Company as the main contractor for its flagship Al Mamsha project Sharjah-based developer Alef Group has appointed Al Hamad Building Contracting Company as the main contractor for its flagship Al Mamsha project,...

September 4, 2018 no comments 605
Dubai's state utility reveals progress in turning Al Marmoom Reserve into the UAE's largest environmental tourist destination Dubai Electricity and Water Authority (DEWA) has completed the electrical connections and installation of smart metres at four projects, an electric vehicle...

September 4, 2018 no comments 686
More than one in five UAE residents are paying more in rent for the same property in Q2, according to a survey by yallacompare More than one in five UAE residents are paying more in rent for the same property in the second quarter of 2018 compared to the year-earlier period, according...

September 4, 2018 no comments 719
Abu Dhabi Commercial Bank and Union National Bank are reportedly in talks to combine with privately-held Al Hilal Bank Abu Dhabi is exploring a potential merger between three of its banks to create a lender with about $110 billion of assets as the oil-rich emirate moves ahead with the...

September 3, 2018 no comments 710
The UAE names the two Emiratis who will be first to go into space to the International Space Station following an extensive search for astronauts The UAE on Monday named the two Emiratis who will be the first to go into space to the International Space Station following an extensive...

September 3, 2018 no comments 707
Abu Dhabi is exploring a merger of three banks that would create the fifth biggest Gulf lender Abu Dhabi is exploring a merger of three banks that would create the fifth biggest Gulf lender with about $110 billion in assets, Bloomberg reported on Monday, citing people with knowledge of...

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