ME property market among world’s fastest growing NEW DELHI, 2 days ago Middle East real estate market revenues have augmented at a compounded annual growth rate (CAGR) of 4.7 per cent between 2009 and 2014, making it one of the fastest growing sectors across the world, a report said. Foreign real estate developers have infused billions of dollars into places such as Oman, Qatar, Dubai (UAE), Saudi […]
ABU DHABI // After paying nearly Dh60,000 in annual tuition fees, parents at Raha International School have been told that they must also foot the bill for expensive textbooks. On June 22, the school issued a notice to parents of pupils entering the International Baccalaureate (IB) diploma programme, saying they had until the end of last month to place an order with the school to purchase the […]
ABU DHABI // Doctors have warned those observing the Ramadan fast to avoid urinary infections by drinking enough water in the evenings. “There is definitely an increase in the number of urinary tract infections diagnosed in this month,” said Dr Manaf Al Hashimi, consultant urologist at Burjeel Hospital. “The most common cause is ascending infection, in which the bacteria ascends from the genital area. “This is more […]
A Swiss man attempting to circumnavigate the globe with an aircraft powered only by the sun’s energy landed in Hawaii on Friday, after a record-breaking five-day nonstop solo flight across the Pacific Ocean from Japan. The Solar Impulse 2 is the first aircraft to fly day and night without any fuel. Pilot Andre Borschberg’s 120-hour voyage shattered the 76-hour record for nonstop flight by late American adventurer […]
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, paid his condolonces to the Prime Minister of Britain on the deaths of British citizens in last week’s attack in Tunisia. Sheikh Mohammed, during a meeting with David Cameron on Thursday, also wished those who were injured in the attack in Sousse a speedy recovery. The attack, he said, was […]
Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, greets Mohammed Al Otaiba, Editor-in-Chief of The National, while receiving media representatives. Mohamed Al Suwaidi / Crown Prince Court – Abu Dhabi This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers. […]
ABU DHABI // Dr Anwar Gargash has responded to the spate of terrorist attacks across the Arab World in the past week. The Minister of State for Foreign Affairs tweeted about the threat of extremism and its effect on the region. He said the Arab Spring “revolution has failed” and called for a clear vision to fight extremism. His tweet read: “Many Arab states scarred by Spring’s […]
ABU DHABI // A child aged 11 and a woman have contracted Mers from a relative who had the virus diagnosed last month. The two expatriates, who live in the Eastern Region of Abu Dhabi, were found to have been infected later. The World Health Organisation reported that the woman, 46, was suffering from other disorders. The WHO said they were relatives of one of two patients […]
ABU DHABI // Parents have expressed their concern at a decision to close school cafeterias during Ramadan. They say that an equal number of children are not fasting because they are not Muslim or are too young. The Abu Dhabi Education Council, which issued the ruling, said it “does not have a particular policy regarding serving food for students during the holy month of Ramadan, however schools […]
Abu Dhabi National Exhibitions Centre will convert into a multifunctional indoor football arena from June 28 to August 17. The air-conditioned facility will offer two five-a-side pitches measuring 40 by 25 metres built to professional tournament standards, open to the public for Dh500 per hour. The venue will operate daily from 12pm to 5pm and 8pm to 3am and players will be offered parking vouchers to use […]
ABU DHABI // At least nine people were killed on Wednesday when a suicide car-bomber targeted a UAE aid convoy on a busy street in Mogadishu in Somalia. Most of the dead were Somali civilians caught in the blast and others were thought to be soldiers guarding the convoy. No UAE personnel were among the victims. At least six people were injured in the attack. They are […]
|By TAP Staff| The UAE Federal government has lifted the restriction on foreign ownership of Etisalat shares, opening up the largest telecoms operator company to foreign investors for the first time, Etisalat announced. “The federal government decided to lift the restriction of Etisalat stock ownership by local institutions, foreign institutions and expatriate individuals provided that such ownership does not exceed 20 percent,” Etisalat said in a statement […]
A construction site in Doha.Qatar has planned $200 billion in infrastructure spending. Qatar building boom a challenge for foreign firms DOHA, 10 hours, 44 minutes ago Qatar’s plans to splurge $200 billion on infrastructure as part of its 2030 development plan has lured foreign contractors to what promised to be big profits, but project delays and problems with contracts and bureaucracy have left many in difficulties and […]
UAE. The latest Crédit Agricole Private Banking research report, ‘Macro Comment – MENA Update’, noted that the UAE and Saudi Arabia continues to witness growth despite lower oil prices. The UAE even recorded high levels of job creation during this period. “Interestingly in the UAE, once again new orders and new export orders components reflected strong growth, while job creation hit a three-month high. This is reflected […]
ABU DHABI // Hend Al Tair has her hands full this Ramadan. The Emirati, 29, has to share her time between observing the holy month, her studies at Khalifa University and looking after her baby daughter. Ms Al Tair is continuing her PhD research in Abu Dhabi, which keeps her away from her family in Ras Al Khaimah. She also misses the daily gatherings for suhoor and […]
|By TAP Staff| Emirates National Oil Company (ENOC) secured a $1.5 billion term debt syndicated facility from local, regional and international banks. The nine year USD and AED financing was fully underwritten by Emirates NBD, Commercial Bank of Dubai, Dubai Islamic Bank, Mashreqbank, Noor Bank, Abu Dhabi Islamic Bank and Standard Chartered Bank. In the syndicated market, the deal was well supported and oversubscribed where additional 14 […]
UAE. On 14 June 2015, the Abu Dhabi Global Market (ADGM) published the final version of its first raft of regulations, including the Employment Regulations (the Regulations). In this article, we examine the Regulations and contrast them to the employment provisions in operation in the Dubai International Financial Centre (DIFC) and the UAE Labour Law (the Labour Law). Background In 2004, the UAE amended its constitution to […]
ABU DHABI // In her first Ramadan in the UAE, trainer and triathlete Roisin Thomas has pledged to fast Ramadan both to challenge herself, to become a better athletic professional and to empathise with others. “Living here I see the workers on the streets and the carwash boys that go through hours of sweating, so I can really empathise with them,” said Ms Thomas. “I want to […]
ABU DHABI // The transition towards smart services within federal agencies and departments is on course to hit 80 per cent usage rates by 2018, according to a new report. A review by the Telecommunications Regulatory Authority found the UAE Insurance Authority, Securities and Commodities Authority, the General Civil Aviation Authority and Ministry of the Economy had already achieved a 100 per cent shift towards electronic services. […]
UAE. Dubai and Abu Dhabi have been ranked as the 23rd and 33rd most expensive cities to live in (respectively) according to Mercer’s 2015 Cost of Living Survey. The two cities have experienced a significant jump compared to 2014, with Dubai soaring 44 places from last year’s position at 67 and Abu Dhabi going up 35 places 68th in 2014. Dubai and Abu Dhabi are the most […]
Every week, The National looks at the people and politics of the UAE, as the country steps more confidently forward on the world stage. June 11 New Zealand military visit to Ajman Museum A military delegation from New Zealand visited Ajman Museum and was received by Faisal Al Nuaimi, general manager of Ajman Tourism Development Department accompanied by ATDD national heritage adviser Ali Al Matroushi. Mr Al […]
ABU DHABI // The prices of meat and vegetables increased by 20 per cent and 5 per cent respectively by vendors in Mina Market on the eve of Ramadan. According to Al Ittihad, The National’s Ararbic sister publication, workers at Mina Market expressed their anger at the price rise, which they claim happens every year on this occasion. They said some vegetable and meat vendors were deliberately […]
ABU DHABI // A vehicle testing and registration centre in Dubai can service an additional 60,000 cars every year after renovations were completed. The Tasjeel centre in Al Barsha has added an additional test lane, a vacuum system to deliver documents and vehicle keys from test bays to the registration building, a larger waiting area and a new VIP section. “With the new extended capacity, we will […]
|By TAP Staff| LSE-listed leading UAE healthcare player NMC Health announced entering into an agreement to acquire ProVita International Medical Center, provider of long-term medical care in the UAE, for an equity consideration of $160.6 million. The payment will be made in cash, from TVM Capital Healthcare Partners, the Olayan Group, Al Zarooni Emirates Investment and other minority shareholders, the company said. ProVita is a pioneer in […]
