2019 — Topical news of the United Arab Emirates

May 25, 2019 no comments 664
Abu Dhabi's Hub71 has announced that two new partners, Techstars and Starburst, will join by the end of this year Hub71, a global tech hub driven by Mubadala in collaboration with Microsoft, SoftBank Vision Fund and Abu Dhabi Global Market, has announced that two new partners,...

May 25, 2019 no comments 770
East Hope Group mulls plan for alumina facility, red mud research centre, recycling project and metal processing facility at Abu Dhabi's industrial hub Chinese manufacturing giant East Hope Group has announced it is working with KIZAD, Abu Dhabi's industrial hub, on the feasibility of...

May 24, 2019 no comments 745
Lebanese German fighter Khalid Taha also announced on his Instagram that he will take part in the UFC 242 in September The Nevada State Athletic Commission has shortened suspensions for Khabib Nurmagomedov’s teammates by 35 days in order to allow the UFC to book the lightweight...

May 24, 2019 no comments 727
Weakened demand and increased supply are pushing office rents in Dubai lower in the first quarter of 2019 Weakened demand and increased supply are pushing office rents in Dubai lower in the first quarter of 2019, according to new research. Knight Frank said average office rents...

May 24, 2019 no comments 885
Dubai airport will close its northern runway from 5-7pm UAE time on Friday, from 4-7pm on Sunday, and from 5-7pm on Monday Dubai International Airport, the world's busiest international travel hub, announced on Thursday that it will temporarily close one of its two runways for upgrades...

May 24, 2019 no comments 598
UAE city ranks near the top when buying a monthly internet subscription, a cappuccino, a pint of beer and a summer dress Deutsche Bank’s Mapping the World’s Prices 2019 survey, published this week, found that while rents have declined in the region, expatriate workers in Dubai have...

May 24, 2019 no comments 693
DP World Group chairman and CEO Sultan Ahmed bin Sulayem has held discussions with Brazil Minister of Foreign Affairs, Ernesto Henrique Fraga Araujo on foreign direct investment and regulatory framework.  They discussed social reform, a stable and efficient regulatory framework to...

May 24, 2019 no comments 663
Gross bank assets including bankers’ acceptances increased by 1.1% ABU DHABI- Gross bank assets including bankers’ acceptances increased by 1.1 percent, rising from AED2.8949 trillion at the end of March 2019 to AED2.9254 trillion at the end of April 2019. Similarly, Gross credit...

May 24, 2019 no comments 901
Start-up is attempting to create an online marketplace to help banks secure temporary funding from wealthy investors A two year-old Dubai-based financial technology firm, NewBridge Fintech Solutions, has raised an undisclosed amount in pre-Series A funding from BRS Ventures Investment...

May 24, 2019 no comments 855
NewBridge Fintech Solutions has just raised money from Finablr founder B.R. Shetty to fund its growth The fintech landscape in the Middle East is both competitive and growing, with several cities bidding to become the region’s fintech hub and the number of funders looking to back...

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