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UAE. The UAE’s gross domestic electricity consumption has more than doubled over the past 10 years, and is expected to grow even more rapidly over the next five years as the country undergoes substantial population and economic growth, according to a study by management consultancy Strategy&, formerly Booz & Company. The study reveals that energy usage in the UAE has grown at an annual average of 4% […]

UAE. After a decade of finding bargains in real estate markets against the backdrop of a secular weak US Dollar, as well as a regime of declining interest rates, foreign investors in the last year have faced the prospect of sharply higher housing prices in Dubai, as their nations’ currencies have fallen against the US dollar. In times of a weak dollar market, real estate prices have […]

ABU DHABI // Parents need to know more about childhood development to determine the difference between normal behaviour and problems such as attention deficit hyperactivity disorder, say medical experts. ADHD is believed to affect about 9 per cent of children around the world. In 60 per cent of the cases, the disorder continues into adulthood, affecting people’s personal and professional lives. The problem is often characterised by […]

DUBAI // A man was stabbed to death by his roommate because he turned on the bedroom light and disturbed him, Dubai Criminal Court heard on Tuesday. Prosecutors said that at about 10pm on April 9 Indian F K, 29, victim M Y, also Indian, and a third roommate, R R, were in their accommodation in Dubai Investments Park preparing to sleep when a fight broke out. “F K turned off […]

SpeedCast International, a leading satellite telecommunications service provider, has won a multi-year communications contract from Gulf Marine Services (GMS).  The new dual-beam Ku-band satellite service will provide high-performance broadband connectivity for client office applications and voice services across nine GMS barges, said a statement. GMS is one of the largest providers of self-propelled, self-elevating accommodation jack-up barges in the world, it said.  The vessels work in offshore […]

UAE. The upcoming 2022 FIFA World Cup in Qatar and Expo 2020 in Dubai, UAE, will see an unparalleled number of visitors to the GCC region. A number of sizeable infrastructure projects and associated developments have been earmarked to showcase the region and provide for this influx. Large-scale projects, coupled with short timeframes for completion, understandably carry with them the risk of construction disputes. Against this backdrop, […]

A Dubai Cares funded programme in Palestine is helping preschool teachers to get children reading and using their imagination. While Dubai Cares supplies teacher training in Gaza, it also reaches children with books and supplies brochures for parents and teachers on how to best use the resources at hand. However, Reem El Bohisi, a teacher at Hekayat Preschool in Deir Al Balah who took the training, said […]

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ABU DHABI // Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi, on Wednesday held talks with Yemen’s visiting leader on the future of his country and plans to help rebuild it. Yemeni president Abdrabu Mansur Hadi arrived on Wednesday for a two-day visit including talks with Sheikh Mohammed, also Deputy Supreme Commander of the Armed Forces. The two discussed progress made by the Saudi Arabia-led coalition, […]

Dubai Police have revealed that a news report about a man preventing lifeguards from saving his daughter was a story from 1996. The article detailed a Dubai police officer’s account of an Asian woman drowning because her father blocked lifeguards from rescuing her. Published on Sunday, it initially drew attention when an international newswire picked it up and began asking Dubai Police questions on Twitter. Responding to […]

DUBAI // Businesses failing to comply with the Dubai Health Authority’s mandatory health-insurance plan face hefty fines, and new visas will not be granted for employees until they fall in line. Phase two of the plan, which includes about 3,000 companies with between 100 and 999 employees, began on August 1, ensuring that another 600,000 people now have health insurance. It has also emerged that the national […]

Emirates Airline said on Tuesday that Gulf airlines were not to blame for overcapacity on services between the United States and Dubai, rejecting comments at the weekend by U.S. carrier Delta Air Lines. Delta said on Sunday that it was reducing flights between Atlanta and Dubai this winter, blaming overcapacity on U.S. routes to the Middle East by subsidised and state-owned airlines, underscoring a trade row. “Their […]

UAE. July’s survey data signalled another increase in overall business activity across Dubai’s private sector economy, which marked five-and-a-half years of continuous expansion. However, growth momentum moderated to its weakest recorded since March 2012 amid softer contributions from all three key sub-sectors monitored by the survey. Private sector companies operating in Dubai are nonetheless still highly upbeat about their business activity prospects for the year ahead, according […]

The three Emirati soldiers who were killed in Yemen on Saturday will forever be remembered for their heroic actions, Sheikh Mohammed bin Rashid, the Vice President and Ruler of Dubai, said. “They have written glory and heroism with their blood for the sake of peace and backing trodden people,” said Sheikh Mohammed during visits to the soldier’s families. “Allah will bless our martyrs whose memories and sacrifices […]

Delta Air Lines Inc has scrapped a number of its flights to Dubai this winter in an apparent nod to how competition with three Gulf carriers is hurting its business. Delta, the second-largest U.S. passenger carrier, will fly nonstop to Dubai from its Atlanta hub between four and five times per week starting Oct. 1, down from daily service this summer. The airline revised its schedule on […]

UAE. On 20 July 2015, the UAE announced its adoption of a Federal Law, Law No 2 of 2015 on Preventing Discrimination and Hatred (the “Law”).  Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has announced that the law “guarantees the freedom of individuals from religious intolerance … and underpins the UAE’s policy of inclusiveness.” Although the main aim of the Law appears to be […]

UAE. Media outlets in the UAE and elsewhere have picked up on a variety of recent stories regarding the use of social media in the UAE.  These stories include one about an Australian expat being arrested, jailed and deported after posting a picture of a car taking up two disabled parking spots.  A similar story from earlier in the summer related to an appellate decision to overturn […]

UAE. In response to a plethora of exogenous (dollar strength, oil price declines, etc.) as well as endogenous (numerous real estate launches, doubling of transaction fees, Central Bank caps on mortgage etc.) factors, prices and transactional activity have fallen across the freehold markets. In response, Developers in Dubai have offered a variety of incentives to galvanize sales in the form of payment plans that have often stretched […]

SAUDI ARABIA.  JLL, the world’s leading real estate investment and advisory firm, today has released its second quarter (Q2 2015) Jeddah Real Estate Overview report that assess the latest trends in the office, residential, retail and hotel sectors. Mr Jamil Ghaznawi, National Director and Country Head of JLL KSA, commented: “In the second quarter, the Jeddah real estate market remained in the upturn stage of its cycle. […]

UAE. July data suggested that the UAE’s non-oil private sector regained some of the growth momentum that was lost at the end of the second quarter. Output and new orders both rose at sharper rates, contributing to a robust overall improvement in business conditions. Job creation was also sustained at a solid pace. On the price front, data highlighted divergent trends in July. The rate of cost […]

DUBAI // Innovation is the driver of progress, and governments and businesses that fail to innovate will go backwards, Sheikh Mohammed bin Rashid warned on Wednesday. The Vice President and Ruler of Dubai was launching National Innovation Week, which will take place from November 22 to 28. Sheikh Mohammed urged all public, private and academic entities to participate and called on the public to get involved through […]

DUBAI // An estate agent and property management company that went out of business last month was given a series of warnings and fines before regulators finally revoked its licence and ordered it to close. S&K, also known as Smith & Ken, continued operating for more than a month in defiance of the closure order. It eventually ceased trading on July 21 and filed for bankruptcy. More […]

RAS LAFFAN, Qatar — The temperature hovered around 100 degrees on the jetty here, where a set of pipes were connected to a giant red-hulled ship. But the moisture in the air froze on the pipes and flaked off, creating snowlike flurries on the early summer evening. The incongruous sight is common on the Qatari ship, the Al Rekayyat, which carries a frigid fuel known as liquefied […]

DUBAI // Two university administrators accused of accepting bribes from students to change their exam results from fail to pass on an electronic system are back in court after the charges were altered. Russian M N, 32, and M A, 33, from Lebanon, were in November last year charged at Dubai Criminal Court with accepting bribes totalling Dh300,000 from 20 major students at the American University in Dubai. But […]

|By Matein Khalid| Every global recession since the OPEC oil shocks of 1973-74 was triggered by a contraction in the $17 trillion US economic colossus. The failure of Lehman Brothers, the meltdown in US subprime mortgages, the impotence of the implicit “Fed/Uncle Sam” put, the ice age in the commercial paper and interbank money markets all tipped the US economy into recession in late 2008 and triggered […]

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