ADCB, UNB, Al Hilal merge to create mega UAE bank
ABU DHABI 30 January 2019: The UAE banking sector is set to have a powerful new banking group following the decision of Abu Dhabi Commercial Bank (ADCB) and Union National Bank (UNB) to merge and […]
Month: January 2019
New polymer reprocessing facility to start in Kizad
ABU DHABI 31 January 2019: Khalifa Industrial Zone Abu Dhabi (Kizad), the largest industrial zone in the Middle East and a subsidiary of Abu Dhabi Ports, has announced that Gulf Compound Blending Ind. Ltd (GCB), […]
Dubai readies to welcome Australian Open champs
DUBAI 30 January 2019: The new superstars of tennis are set to headline the action at the Dubai Duty Free Tennis Championships when play gets underway in just three weeks from now. New world number […]
UAE files WTO case against Qatar over goods ban
ABU DHABI 30 January 2019: The Government of the United Arab Emirates announced yesterday that it has initiated World Trade Organisation (WTO), dispute-settlement proceedings against Qatar following its ban of the sale of UAE products […]
UAE-Saudi cryptocurrency to be named ‘Aber’
ABU DHABI 30 January 2019: The Saudi Arabian Monetary Authority (Sama) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project […]
UAE doubles rebar, wire rod import duties to 10%
ABU DHABI 30 January 2019: The UAE increased import duties on rebar and wire rod from 5 per cent to 10 percent, effective January 1st, 2019. The anti-dumping move aims to protect the domestic steel […]
Etisalat doubles your Internet broadband speeds for free
ABU DHABI 30 January 2019: Etisalat business and home subscribers will experience double broadband speed enabling them to implement and use advanced digital technologies in their homes and offices. The new speed upgrade is in […]
Lost and scared kid reunited with agonizing parents
DUBAI 30 January 2019: A patrol affiliated with the ‘School Security’ initiative at Dubai Police found a lost 5-year-old kindergartner holding his bag and walking alone on a public road in International City. The ‘School Security’ […]
Mohammed praises Syrian expat’s Dubai start-up
DUBAI 29 January 2019: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, yesterday praised the enterprise of a young Syrian expatriate. “I visited Souq.com […]
DFSA enforces fine ‘in the UK’ against sanctioned individual
DUBAI 29 January 2019: The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from the DIFC, has successfully enforced payment of a fine imposed on an individual. This enforcement […]