What are the differences between a regular car and a racing car? What is it like to be in a high-speed accident on a race track? How do you master corners without losing control of your car when you are driving at breakneck speeds? A series of short programmes from the free-to-air Quest Arabiya channel attempts to answer these questions and more besides, as they explore everything […]
the UAE’s Ministry of Infrastructure Development (MoID) plans to construct all of its buildings using 3D technology, according to local media. “All of the buildings to be built in the future by the ministry across the UAE will be 3D-printed in line with the national agenda of the country and the UAE 2021 vision,” Munira Abdul Kareem, manager of the Ministry of Infrastructure Development’s Project Execution Department […]
DUBAI // A cleaner who stabbed a woman in the neck rushed to his brother in shock, screaming that he killed a woman and police must come, heard Dubai Criminal Court. “I didn’t know what happened that minute but I didn’t mean to end her life,” said the 32-year-old Filipino defendant, who is charged with premeditated murder. Prosecutors said that on August 7 he visited his supervisor […]
Hotel demand will outpace supply by 2020, according to STR’s client relationships director Sarah Duignan. She made the pronouncement at the Accommodating growth in the Middle East presentation at the Hotelier Express Summit 2016, held on November 23 in Dubai. Duignan said Middle East hotels’ revenue per available room (RevPAR) levels had peaked in October 2009 at AED1,300 ($353.9) and today current average rates over the last […]
DUBAI, June 10 (Reuters) – Qatar’s central bank plans to issue 4 billion riyals ($1.1 billion) worth of local currency government bonds next week, it said on Tuesday, including a new seven-year tranche to build a longer yield curve. The debt, to be auctioned on Sunday, will include 2.1 billion riyals worth of three-year conventional bonds and 950 million riyals each of five- and seven-year tranches, the […]
First Avenue, the new shopping mall and hotel planned for Dubai’s Motor City, has signed up leading retailer Carrefour as a key anchor tenant ahead of the project’s launch early next year. Carrefour, owned by Majid Al Futtaim, will open the new store in First Avenue while other major retailers are set to be announced for the AED500 million project’s launch during the first quarter of next […]
DUBAI Iran may seek to set up naval bases in Yemen or Syria in the future, as distant footholds might be more valuable militarily than nuclear technology, the chief of staff of the Iranian armed forces said in remarks published on Sunday. “We need distant bases, and it may become possible one day to have bases on the shores of Yemen or Syria, or bases on islands […]
DUBAI // Two Pakistanis sentenced to two years in jail each for assaulting a 62-year-old Indian man with an iron bar and stealing Dh200,000 he had hidden in his underwear had their terms cut in half by Dubai Court of Appeal. On June 12 the men, aged 26 and 25, saw the victim hide an envelope full of money in his underwear as he left a bank […]
Dubai, November 27, 2016: Al-Futtaim has announced the appointment of Dr. Hayan Sayed as Chief Executive Officer of Al-Futtaim Engineering and Technologies. Part of Al-Futtaim Group Real Estate, Al-Futtaim Engineering is a multi-disciplinary engineering organisation operating across UAE, Qatar and Saudi Arabia with over 30 years of successful operations. Al-Futtaim Technologies is a leading Converged Systems Integrator and provides complete business solutions to large, medium and small […]
Dany El-Eid, a Lebanese-Canadian entrepreneur based in Dubai for more than a decade, believed in the power of augmented (AR) and virtual reality (VR) technologies much before photos of heads of state trying VR headsets could be seen, tweeted and retweeted. El-Eid is the founder and CEO of Pixelbug, a rapidly growing tech company, set up in Dubai in 2012, which specialises in developing advanced AR applications. […]
DUBAI, June 10 (Reuters) – Qatar’s central bank plans to issue 4 billion riyals ($1.1 billion) worth of local currency government bonds next week, it said on Tuesday, including a new seven-year tranche to build a longer yield curve. The debt, to be auctioned on Sunday, will include 2.1 billion riyals worth of three-year conventional bonds and 950 million riyals each of five- and seven-year tranches, the […]
Your daily guide to community and cultural activities across the Emirates for November 27, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Art exhibition See No White Walls, featuring works created by professional artists in the UAE who have collaborated on an initiative to develop the art scene in Abu Dhabi by staging exhibitions […]
Saudi-based developer Cayan Group is set to announce the launch of a hotel apartments tower as part of its $272 million Cayan Cantara project in Dubai. The developer said in a statement that the hotel apartments tower will be managed and operated by a well-renowned hospitality giant, to be named later this month. The launch will represent the company’s first foray into the hospitality sector, it said. […]
ABU DHABI // The Central Bank of the UAE has issued a new silver coin to mark Commemoration Day. The special coin is part of #The_UAE_Remembers campaign, launched by the Martyrs Families Affairs Office to provide a platform for members of society to express their gratitude and pride in the sacrifices made by the country’s heroes to maintain the UAE’s freedom, sovereignty and security. “Launching The UAE […]
By David French DUBAI, June 10 (Reuters) – Banque Saudi Fransi (BSF), the kingdom’s fourth-largest listed lender, will complete a 2 billion riyal ($533 million) capital-boosting sukuk issue by the end of this month, banking sources said on Tuesday. Pricing of the trade, which will boost the bank’s Tier 2 – or supplementary – capital, is at 140 basis points over the Saudi interbank offered rate (Saibor) […]
25 November 2016: Gulf International Bank (GIB) last night revealed its new corporate identity coinciding with the bank’s 40th anniversary celebrations. The unveiling of the new identity was shared with officials at a special ceremony in the Kingdom of Saudi Arabia, Riyadh. The new brand identity reflects the core of the bank’s new strategy and its board’s vision for the bank to be the preferred financial services […]
ABU DHABI // Soul survivor Lionel Richie took centre stage at Du Arena Saturday night to serve up a satisfying set of golden oldies. Following the fast-paced dance-pop of Pitbull and the ominous beats of The Chemical Brothers at the preceding concerts, Richie’s slot in the Yasalam After-Race Concert Series offered a throwback to pop’s purer times. The sense of anticipation was high among fans queueing up […]
If breakfast is the most important meal of the day, why not have it for lunch and dinner, too? It seems the all-day breakfast trend is being embraced by cafes across the UAE, with options appearing at many venues. Much like the age-old chicken or the egg question, it is unclear whether the birth of the ‘Breakfastarians’ – a term popularised on the internet and in IHOP […]
Damac Properties on Thursday announced the launch of Akoya Manarola, a collection of colourful villas directly facing the international golf course in its Akoya Oxygen development project in Dubai. Inspired by the charming village of Manarola on the Italian Riviera, the community features three-bedroom villas costing AED2.3 million. Damac said in a statement that Akoya Manarola villas will go on sale on Tuesday. Ziad El Chaar, managing […]
By Vladimir Soldatkin and Diego Oré | MOSCOW/CARACAS MOSCOW/CARACAS World leaders paid tribute on Saturday to Fidel Castro, the Cuban revolutionary leader who built a communist state on the doorstep of the United States, but in death just as in life he divided opinion, and critics labelled him a “tyrant”. Castro died on Friday aged 90, his younger brother and successor Raul Castro announced on state television. […]
BARCELONA French “Spiderman” Alain Robert scaled one of the tallest skyscrapers in Barcelona without a harness on Friday. Bystanders and police watched as the 54-year-old climbed up and then descended the Torre Agbar, a glass-covered office building known for its night-time illuminations, completing the feat in around one hour. The urban climber is famous for his daredevil, harness-free approach to scuttling up buildings with nothing more than […]
Professor Stephen Hawking, David Coulthard and Lily Cole supported the event that looked into the changing perceptions towards wealth 26 November 2016 Abu Dhabi – UNLIMITED, a new platform powered by UBS, hosted an exclusive event at New York University Campus in Abu Dhabi today that explored changing attitudes towards wealth. UNLIMITED is a content partnership with the aim of deepening and amplifying public understanding of what […]
(Updates details) DUBAI, June 10 (Reuters) – The malls unit of Dubai’s Emaar Properties tightened the pricing guidance for its 10-year sukuk to 190 basis points over midswaps, a document from lead managers said on Tuesday. The firm, which owns Dubai Mall, one of the world’s biggest shopping centres, had set initial pricing thoughts in the area of 200 bps over midswaps earlier in the day. It […]
Dubai’s police chief, Lieutenant General Khamis Mattar Al Mazeina, has died and will be buried on Friday, Dubai Media Office has announced. Al Mazeina, General Commander of Dubai Police, died on Thursday night in Rashid Hospital after suffering a heart attack. He became the General Commander of Dubai Police in 2013, succeeding Lieutenant General Dahi Khalfan Tamim. Source link
