UAE economy to grow by 4% this year: Al Mansouri
ABU DHABI: Sultan bin Saeed Al Mansouri, UAE Minister of Economy, has predicted that the national economy will achieve a growth rate of between 3.5 to 4 per cent during the current year. He noted […]
Business
Bank of Sharjah unsecured fixed-rate notes worth $500m
SHARJAH: Bank of Sharjah has issued senior unsecured fixed rate notes totalling $500 million, for a five-year maturity at mid swaps plus 225 basis points, to yield 4.23 per cent, the lender said in a statement […]
Abu Dhabi gets biggest CNG car service station in Gulf
By Rajive Singh ABU DHABI: Adnoc Distribution in bid to offer alternative low-emissions fuels, plan to construct the Arabian Gulf’s largest compressed natural gas for vehicles service station in Mahawi on the Abu Dhabi-Al Ain […]
UAE Central Bank issues capital adequacy in line with Basel III
ABU DHABI: The Central Bank of the UAE has issued new regulations to ensure that capital adequacy of all banks operating in the UAE is in line with revised rules outlined by the Basel Committee […]
Hybrid cars exempted from parking fees in Ajman
By Rajive Singh AJMAN: The smallest emirate in the United Arab Emirates – Ajman – has taken a big step to encourage better care of our environment. It has exempted electric and hybrid vehicles from […]
New residential project to come up in Dubai’s Al Warqa
By Rajive Singh DUBAI: Awqaf and Minors Affairs Foundation (Amaf) has inaugurated its new endowment residential project in Al Warqa area in Dubai, funded by the endowment of the late Emirati philanthropist Hamel bin Khadem Al […]
Adnoc opens Al Wathba North station in Bani Yas
By Rajive Singh ABU DHABI: Adnoc Distribution inaugurated the new Al Wathba North service station, located on Al Ain-Abu Dhabi road near Al Wathba Hall in Abu Dhabi’s Bani Yas area. The opening comes as […]
Video claims to reveal features of Apple’s iPhone 8
Angel Chan DUBAI: A new video has been posted by bilal babar on YouTube, claiming to reveal the features of iPhone 8 such as a complete ‘glass’ design etc. Check it out for yourself if it […]
DHC medical firms can now open shop in DMCC
By Rajive Singh DUBAI: Healthcare providers registered with Dubai Healthcare City (DHCC) can now operate in Dubai Multi Commodities Centre (DMCC), after the signing of a Memorandum of Understanding, MoU, between Dubai Healthcare City Authority […]
Children in Sharjah told about dangers of Internet
Rapidly increasing access opens doors to online abuse By Sheena Amos SHARJAH: At 91 per cent, the UAE has one of the world’s highest internet penetration rates and 83 per cent of the population has Facebook accounts. […]