DUBAI Iran has found shale oil reserves of 2 billion barrels of light crude in its western Lorestan province, a senior official at the state-run National Iranian Oil Company (NIOC) was quoted as saying on Saturday. “Based on studies, it is estimated that the shale oil reserves in Ghali Koh in Lorestan amount to 2 billion barrels of oil in place,” Bahman Soleimani, NIOC’s deputy director for […]
DUBAI // The Terry Fox Run returned to Dubai yesterday for the first time in three years, with more than 4,000 people taking part in the cancer research event despite the cool, cloudy weather. Participants were able to run, walk, bike and rollerblade or use a wheelchair on the 5-kilometre route on the creek side of Dubai Festival City Mall. The event was held under the patronage […]
There is gratitude but also perhaps a hint of relief when British singer Nathan Skyes talks about his time with boy band The Wanted and their split in 2014. Having joined the band at the age of 16, he feels he was not taken seriously, being the youngest member of the band. “It was frustrating back then but that helped my drive to succeed,” says Skyes, who […]
Red Baraat’s oft-touted boast as “the best party band in years” – a quote from America’s National Public Radio they are so proud of it is part of their website display name – was under no threat when they kicked off a multi-emirate UAE tour in Abu Dhabi on Friday (February 17). The eight-piece Brooklyn troupe opened the second day of Barzakh Festival, a two-day celebration of […]
By THE ASSOCIATED PRESS and REUTERS | Feb. 18, 2017 | 1:33 President Trump’s adult sons, Eric Trump and Donald Trump Jr., attended the opening of the Trump International Golf Club in Dubai. Related: article: Trump’s Dual Roles Collide With Openings in Dubai and Vancouver NYtimes
US President Donald Trump’s two sons Eric and Donald Jr attended the launch of The Trump International Golf Club in Dubai on Saturday. In celebration of the opening of the Trump International Golf Club Dubai at Damac Hills, Damac Properties said in a statement that it led a golf course tour, with guests of honour including the Trump brothers. Hussain Sajwani, chairman, Damac Properties, said: “It is […]
DUBAI Dubai police have summoned a Russian model who posed for a video while dangling from a skyscraper to sign a pledge not to put her life in danger again, a local newspaper reported on Saturday. A video of the model, identified by local media as 23-year-old Viktoria Odintcova, went viral after she posted it on her Instagram account earlier in the week. It shows her stepping […]
DUBAI U.S. President Donald Trump’s eldest sons Donald Trump Jr. and Eric Trump were guests of honor at the opening of a Trump-branded golf course in Dubai on Saturday, the first Trump property project launched since their father’s inauguration. Speaking on a stage in front of the clubhouse at the Trump International Golf Club Dubai, Donald Trump Jr. praised the development of the United Arab Emirates (UAE), […]
Your daily guide to community and cultural activities across the Emirates for February 19, 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 listings@thenational.ae newslide Abu Dhabi Art exhibition Catch […]
Al-Nahedh: Structural Changes, Regulatory Compliance and Cyber Security Major Challenges Facing Banks 18 February 2017 Kuwait – Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh stressed the importance of practically facing the economic challenges facing the GCC banks in light of the fall in oil prices, indicating the necessity of applying best practices and highest standards in the structural changes, regulatory compliance and […]
Emaar Properties has unveiled Harbour Gate, a new residential estate in Dubai Creek Harbour offering a “bespoke island lifestyle”. The Dubai-based builder of the Burj Khalifa, the world’s tallest structure, said a sales event for the new homes will take place on Saturday. Harbour Gate, set in the Island District, will be located close to The Tower at Dubai Creek Harbour, and will offer 491 1, 2, […]
18 February 2017 Manama, Bahrain – The American Chamber of Commerce Bahrain (AmCham Bahrain), the hosts of this year’s AmCham MENA Regional Council’s Bi-Annual Forum, today announced the Bahrain Economic Development Board (EDB) as the Strategic Partner for the upcoming event being held on the 15-16 March 2017 in the Kingdom of Bahrain. The Forum, which aims to promote trade and investment between the United States and markets of the Middle […]
18 February, 2017 ISLAMABAD: Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan has submitted an affidavit to the Supreme Court seized with the Panama Papers case, asking it to ignore the two Qatari letters produced by the Sharif family as evidence of their stance in the case. In the letters dated Nov 5 and Dec 22, 2016, former Qatari prime minister and foreign minister Sheikh Hamad […]
The average annual rent for an apartment in Dubai fell to AED114,000 ($31,000) in January, down 3 percent from the previous month, according to a new report. Real estate website Bayut also said average rents in neighbouring Abu Dhabi rose by 3 percent to AED120,000. During January, Bayut said average rental yield for all apartment types in Dubai topped out at 5.72 percent, but yields in individual […]
Nearly three-quarters of all economic crime committed in the Middle East during the past two years was committed by company employees, according to PwC’s Global Economic Crime Survey. Survey results showed that despite the region’s efforts to combat economic crime, there has been no clear indication that levels in the Middle East or globally have decreased. Economic crime remains as tough to tackle as it’s ever been, […]
DUBAI // Robots from around the world have been submitted to the UAE Awards for Good to encourage youth to pursue science, technology, engineering and mathematics in ways they have not considered before. Forty drones and robots were selected from more than 1,300 submissions for a chance to win US$1 million. Although not in the running for the prize, Saif Al Hammadi, 16, was inspired by the […]
Your daily guide to community and cultural activities across the Emirates for February 18, 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 listings@thenational.ae newslide Al Ain Literary evening Attend […]
Cayan Group, the developer of the Cayan Tower in Dubai, has condemned the actions of Russian model Viki Odintcova after photographs of her hanging off the edge of the skyscraper without any restraints. The Saudi-based company said in a statement that the stunt was carried out without its approval or permission and was “in no way a reflection of the Group’s commitments to art, creativity, and the […]
Gemini Property Developers has announced that Gemini Splendor, the first of a series of luxury residential projects in the GCC over the next few years, is on track for completion in early 2018. Gemini Splendor is being built in the Hartland community in Dubai’s Mohammed Bin Rashid (MBR) City, with a built-up area of over 320,000 sq ft. The project is expected to be completed in early […]
DUBAI // Two lorry drivers convicted of possessing more than four kilograms of heroin must see out their 10-year jail terms, the Dubai Court of Appeal has ruled. The Pakistanis, aged 35 and 28, were arrested on May 15 last year after police received a tip off. An officer said the defendants were looking for a driver to take the drugs to Kuwait in return for Dh48,000. […]
Dubai-based mall developer Majid Al Futtaim Properties has announced that it has broken ground on its newest community mall, the OR15.2 million ($39.4 million) My City Centre Sur in Oman. The announcement follows the appointment of Oman Shapoorji Company & Shapoorji Pallonji Mideast as the project’s main contractor, it said in a statement. Located in one of Oman’s growing coastal cities in the eastern province, My City […]
The emirate of Dubai is expected to issue a US dollar bond by the end of the first quarter, though it has not yet sent to banks any official requests for proposals to arrange the issue, banking sources familiar with the matter said on Thursday. Banks that had lead managers’ roles on Dubai’s previous debt issues have pitched for a new mandate, added one of the sources, […]
Your daily guide to community and cultural activities across the Emirates for February 17, 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 listings@thenational.ae newslide Dubai Performance Get tickets for […]
SMEs are going to dominate the renewables space, especially in emerging markets, such as the GCC, with the private sector playing a key role in driving adoption. UAE SMEs driving adoption and growth of the renewables sector The UAE’s cleantech industry is today buzzing with several start-ups and medium sized firms investing huge amounts of time and resources to identify better, more efficient and sustainable ways to […]
