The UAE ambassador to Afghanistan who was badly injured in a bomb attack in Kandahar province last month has died, it was announced on Wednesday. Juma Mohammed Abdullah al-Kaabi was caught up in the attack that killed 11 others at the Kandahar governor’s guesthouse on January 10. “With great sadness and sorrow, we mourn the martyr of the nation and his duty, the righteous son Juma Mohammed […]
Your daily guide to community and cultural activities across the Emirates for February 16, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Food trucks Love […]
ABU DHABI // Tributes have poured in for Juma Al Kaabi, the UAE Ambassador to Afghanistan who died on Wednesday of injuries suffered in last month’s terrorist attack in Kandahar. Described as a friend to the troubled country and its people, Al Kaabi was seriously wounded when explosives placed under a sofa went off as Kandahar’s governor was entertaining a UAE delegation at his guesthouse. Five Emirati […]
The emirate of Abu Dhabi is in no rush to issue an international bond this year after completing a non-deal roadshow for investors in Asia, and may not issue at all this year, sources close to the matter said on Wednesday. Government representatives met Asian fixed income investors at the end of January, but “the non-deal roadshow was just that: a non-deal roadshow. They won’t issue this […]
National Real Estate Company (NREC), a Kuwait-based developer with projects exceeding $1 billion in Egypt and the UAE, has signed an agreement for a $101.5 million loan. The developer of Abu Dhabi’s upcoming Reem Mall said in a statement that it has signed the five year convertible loan with Agility Investment Holding Limited, a subsidiary of Kuwait-based logistics firm Agility. The loan facility has the option of […]
15 February 2017 Abu Dhabi, UAE – Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Abu Dhabi International Offset Conference (ADIOC) begins today. ADIOC is organized by the Tawazun Economic Council and is being attended by the global defense industry, government officials and sector experts. The biennial […]
Your daily guide to community and cultural activities across the Emirates for February 15, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Film screening Sign […]
After a day of chaotic communication, a stock sell-off and a $6.3bn writedown that may destroy one of Japan’s greatest industrial names, the Toshiba president’s bow of apology finally came. Satoshi Tsunakawa’s head nodded for just one perfunctory second on Tuesday. Most assume there will be much deeper, longer bows to come as Toshiba leads investors, customers, employees and Japan as a whole through the country’s first […]
Ambitious plans to boost the UAE’s space programme by encouraging future generations of Emiratis to take up space and scientific research were announced on Tuesday. Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, said the objective of the Mars 2117 Project is to develop the skills and capacities of nationals. “The Mars 2117 Project is a long-term project, […]
Like a scene from “The Jetsons,” commuters in Dubai, in the United Arab Emirates, may soon climb aboard automated flying taxis, soaring over busy streets and past the desert city’s gleaming skyscrapers, all — quite literally — at the push of a button. Passenger drones, capable of carrying a single rider and a small suitcase, will begin buzzing above the emirate as early as July, according to […]
ABU DHABI // The UAE’s ambassador to the United Nations is the second woman to be elected President of the UN Women Executive Board for 2017. Lana Nusseibeh, who will be representing the Asia-Pacific Group at the UN in New York, said UN Women played a critical role within the UN and around the world as a dynamic and strong champion for women and girls. “In the […]
Call me old-fashioned, but I always prefer phone calls over texts. They somehow have a different level of connection when it comes to communication. You can actually tell if the person you’re talking to is excited, happy, sad or even bored with what you’re saying. And yet this may be the exact reason why people dislike phone calls these days – the fear of people’s reactions. There’s […]
New markets and innovative solutions position Arkan well through current market cycle Abu Dhabi, UAE; 14 February 2017 Arkan Building Materials Co. PJSC (ADX: ARKAN) (“Arkan” or “the Group”), a leading construction and building materials company in the UAE, today announced its preliminary financial results for the year ended 31 December 2016. 2016 saw considerable operational progress, with sales volumes increasing across new markets in the UAE, […]
Shuaa Capital is working on a bolt-on acquisition of a financial services company based in the United Arab Emirates as part of the investment bank’s growth plans, chairman Jassim Alseddiqi told Reuters on Monday. The price for the targeted company, which specialises in capital markets and securities, would be less than 200 million dirhams ($54.46 million), Alseddiqi said. He also said discussions were at an advanced stage […]
ABU DHABI // Residents can expect patches of rain across the country for the next two days. Conditions will be unstable with potential thunder and rain, the National Centre for Meteorology and Seismology said. On Tuesday morning, forecasters reported light rain in Umm Al Quwain, Khalifa City in the capital and over airports in Dubai, Sharjah, Abu Dhabi and Al Bateen. Tuesday’s weather forecast. Courtesy National Centre […]
DUBAI // Sustainable travel hit the UAE running on Monday, as US electric car maker Tesla opened for business in Dubai with plans to launch a shop and service centre in Abu Dhabi next year. Chief executive Elon Musk said at the World Government Summit in Dubai that the company planned to invest millions in the UAE on infrastructure including recharging stations. “We expect to invest tens […]
Tesla has launched online sales for its Model S and Model X in the UAE. Californian company’s chief executive Elon Musk was in Dubai launch the dedicated website for UAE customers, where they can visit the online design studio to customise and order the Tesla vehicle. Prices start from $74,800 (AED 275,000) for Model S and $93,600 (AED 344,000) for Model X. First orders of Model S (range […]
Your daily guide to community and cultural activities across the Emirates for February 14, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Art exhibition Grace: […]
The merger of the National Bank of Abu Dhabi and First Gulf Bank will be official from April 1, with shares in the new company trading from the next day, it was announced on Monday. The Abu Dhabi Securities Exchange said that it had completed the procedures for the unification of the records of the stakeholders in both banks, state news agency WAM reported. The indicative market […]
DUBAI// Schools are likely to face higher operating costs, lower profit margins and a scramble for the best teachers, according to education experts. An extra 175,000 school places are expected to be created in the UAE by 2020, 90 per cent of which will be in the private sector. The findings from the PwC Middle East published Understanding the GCC Education Sector, Country Profile: UAE report, states […]
|By Arabian Post Staff| Leading UAE bank FGB has successfully concluded one of Abu Dhabi’s first Special Purpose Vehicle (SPV) aircraft financing deals, in collaboration with Abu Dhabi Global Market (ADGM). The financing deals were part of ADGM’s innovative SPV regime, and were arranged to refinance two Etihad A380 aircraft bridge financings which were maturing in December 2016 and originally financed by FGB. Natixis Leasing secured the […]
An award-winning Arabic-language film, Hedi, will be released with Arabic subtitles in the UAE, and across the region, as the local industry looks at ways to boost the popularity of Arab films in cinemas. This was one of a raft of measures to improve the popularity of Arab cinema, in the region and globally, discussed during a panel talk – New Prospects: Challenges and Opportunities in the […]
Your daily guide to community and cultural activities across the Emirates for February 13, 2017, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. Ellen Fortini rounds up 10 things to do today in the UAE. Want to see your event listed here? Email us with the details and contact information at [email protected] newslide Abu Dhabi Film screening Catch […]
Manny Pacquiao will have his next fight in the UAE, the boxer confirmed on social media. The eight-division world champion has previously held talks about having a bout hosted in the UAE, and now it looks like it will finally happen in Abu Dhabi, despite mixed messages in the media. The fight, which will be against Australian fighter Jeff Horn, was due to take place at Suncorp […]
