Emirates NBD expands its branch network in Saudi Arabia
Dubai 17 September 2018: Emirates NBD has expanded its presence in the Kingdom of Saudi Arabia with the opening of its first branch in the city of Khobar. The bank now operates in three key […]
Business
163 free zone firms allowed to operate in city markets of Dubai
DUBAI 17 September 2018: The Department of Economic Development (DED) in Dubai has permitted 163 free zone companies to operate in mainland Dubai following a memorandum of understanding (MoU) signed earlier this year between DED and […]
UAE President issues Decree amending Commercial Companies Law
ABU DHABI 17 September 2018: President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued Federal Decree-Law No. 07 of 2018 amending articles within Federal Law No. 02 of 2015 on Commercial Companies. The […]
UAE in world top-10 for biz start-up searches
Saudi Arabia and Kuwait listed in top-40 DUBAI 16 September 2018: The United Arab Emirates has ranked in the top 10 countries globally for online searches of the term “how to start a business in…”, […]
Emaar denies offering 10-year UAE residence visa to buyers
DUBAI 12 September 2018: Dubai-based property master developer, Emaar has denied any plans to offer a 10 year UAE residence visa to select buyers. In a statement to Dubai Financial Market, released to the media, […]
Companies to be told how much fines they owe: RTA
DUBAI 14 September 2018: The Customers Council of Dubai’s Roads and Transport Authority (RTA), has held its 93rd session at the premises of the RTA in the presence of clients and representatives of commercial transport […]
Could your TV knock down national power grids?
DUBAI 14 September 2018: Could home appliances knock down city power grids? Far-fetched though it may sound, the answer is yes, according to researchers, who show that electrical grids and smart home appliances could make for […]
UAE banks lead Gulf peers with $748 billion worth of assets
ABU DHABI 13 September 2018: The UAE banking sector has continued to top other GCC counterparts in terms of assets value during H1 2018, with a total value of Dh2.7 trillion (US$748 billion), a growth […]
Half million Trakheesi permits issued by DLD
DUBAI 16 September 2018: Dubai Land Department (DLD), through the Real Estate Regulatory Agency (Rera), announced the issuance of nearly 500,000 real estate permits for real estate companies through the ‘Trakheesi’ system. “Trakheesi allows customers to […]
Djibouti acquires Doraleh share; DPW seeks legal avenues
DUBAI 12 September 2018: DP World said yesterday that it will continue to pursue all legal means to defend its rights as a shareholder and concessionaire in Doraleh Container Terminal SA (DCT) in the face of […]