2019 — Topical news of the United Arab Emirates

February 6, 2019 no comments 866
More funding, govt support to drive strong growth in fintech startups this year The UAE continues to strengthen its position as a hub for fintech startups as the country is home to highest number of startups and investments into this nascent sector, thanks to government support and...

February 5, 2019 no comments 1507
Explore new cities or visit family and friends within Emirates’ extensive network Emirates is offering UAE travellers a chance to book a short holiday getaway or visit family and friends back home within its extensive global network. UAE travellers can surprise their loved ones...

February 5, 2019 no comments 1271
Dubai Financial Services Authority suspends Morgan Gatsby Limited for period of 12 months The Dubai Financial Services Authority, the independent regulator for Dubai International Financial Centre (DIFC), has announced the suspension of the licence of Morgan Gatsby Limited (MGL) for 12...

February 5, 2019 no comments 1294
Mubadala will continue to be a major AMD shareholder after the transaction ABU DHABI: Mubadala Investment Company announced on Tuesday the sale of its stake of 34.9 million common equity shares, along with a plan to convert 75 million warrants, in US-based semi-conductor company...

February 5, 2019 no comments 1386
The new 920,000 square metre trade zone, known as EZDubai, aimed to attract e-commerce, logistics and other related industries DUBAI- State-developer Dubai South said on Monday it aimed to spend two billion dirhams ($545 million) to build an e-commerce free trade zone offering foreign...

February 5, 2019 no comments 1447
Abu Dhabi closes at highest in more than four years Abu Dhabi stock market rose sharply on Monday, buoyed by First Abu Dhabi Bank after it proposed an increase in the foreign ownership limit, while Egypt's blue-chip index was lifted by its top lender Commercial International Bank ....

February 4, 2019 no comments 1469
Head of Catholic Church also pushes the need for justice and equality of citizens' rights during interfaith meeting in Abu Dhabi Pope Francis on Monday called for an end to wars in the Middle East during the first visit by the head of the Catholic church to the birthplace of Islam --...

February 4, 2019 no comments 1530
Report says 21,700 residential units were delivered in Dubai in 2018, the highest number of completions for seven years A total of 21,700 residential units were delivered in Dubai in 2018, the highest number of completions since 2011, according to a new report. Research by...

February 4, 2019 no comments 1394
Kleindienst Group says that ownership of "ocean plots" may be possible, pending government approval UAE-based property developer Kleindienst Group has announced that the government has registered its first floating structure as a villa, meaning that buyers of Floating Seahorse Villas...

February 4, 2019 no comments 1459
Barcelo Hotel Group picked as new operator of five-star DUKES Dubai, located on the west trunk of Palm Jumeirah Luxury residential and hospitality property developer Seven Tides has confirmed Barceló Hotel Group as the new operator of its five-star DUKES Dubai, located on the west...

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