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ABU DHABI // The President Sheikh Khalifa bin Zayed Al Nahyan has sent a cable of condolences to King Salman bin Abdulaziz Al Saud of Saudi Arabia on the death of Prince Turki bin Abdulaziz Al Saud, who passed away on Saturday morning. Sheikh Khalifa extended his heartfelt condolences and solace to the bereaved family, praying to Almighty Allah to rest departed soul in Paradise. The Vice […]

Stuck for things to do today? Why not head to a festival at Yas Marina or visit an art exhibition in Dubai? Click through the full list to check out some ideas: newslide Abu Dhabi Cultural festival Head to Yas Marina for Pick N Mix – Boho Spirit, an event that lets visitors pick among activities and experiences based on this month’s lifestyle theme “wild at heart, […]

SHARJAH // At Sharjah’s annual stamp exhibition, hobbyists and traders gather to show off their collections, but it is not just stamps on show – old coins and notes also change hands. The 6th annual exhibition is in full swing at Sharjah Mega Mall, where more than 240 stamp lovers, or philatelists, are displaying their collections. They gave come from across the country, the GCC and from […]

Looking for something to do today? Why not head over to Party in the Park to watch the Kaiser Chiefs and Travis or check out a photography exhibition in Abu Dhabi? Check out our full list of events and activities: newslide Abu Dhabi Fitness walk Take part in Walk 2016, the latest edition of the annual diabetes awareness walkathon hosted by the UAE’s Imperial College London Diabetes […]

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RIYADH // A UAE delegation arrived in the Saudi capital on Thursday for a GCC economic meeting. Sheikh Mansour bin Zayed, Deputy Prime Minister and Minister of Presidential Affairs, headed the delegation that attended the first meeting of the GCC Economic and Development Affairs Authority in Riyadh. Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defence, presided over the meeting. […]

ABU DHABI // Sheikh Mohammed bin Zayed met the Egyptian president in Cairo on Thursday to take stock of regional and global issues. The Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces and Abdel Fattah El Sisi discussed regional challenges, especially interference from foreign parties, the crises in Arab countries and risks to the region posed by terrorist organisations. They also considered […]

DUBAI // Sheikh Mohammed bin Rashid met the Armenian president on Thursday for a meeting in which their countries signed agreements in security, science, emergency response and commerce. In his meeting with Serzh Sargsyan at Zabeel Palace in Dubai, the Vice President and Ruler of Dubai said the UAE welcomes countries that support peace and human values. Sheikh Saif bin Zayed, Deputy Prime Minister and Minister of […]

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ABU DHABI // President Sheikh Khalifa congratulated Donald Trump on his election as the 45th president of the United States of America and wished him “success in his future tasks”, the state news agency Wam reported. In his congratulatory cable, Sheikh Khalifa commended the strategic relations between both countries and peoples. Sheikh Khalifa also highlighted the UAE’s keenness to boost relations in various fields. Sheikh Mohammed bin […]

Young people in the UAE and wider GCC desire early independence and the opportunity to turn their passion into a sustainable career, according to a new study. They also want this career to be mutually beneficial for them and for their wider communities, said the study released by Expo Dubai 2020. Expo 2020 Dubai has worked with market research firm YouGov to gather the opinions of youth […]

Standard Chartered Bank (China) (SCB China) has launched a direct trading business for RMB/AED and RMB/SR and the bank becomes the first batch of direct trading market-makers for RMB against AED and SR in China’s inter-bank FX market. Sami Mahfouz, head of Financial Markets UAE, said: “Standard Chartered has a broad network and historical presence in the Middle East and we offer one-stop products and solutions covering […]

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DUBAI // As Amanda Fagan embarks on her 16th and final round of chemotherapy treatment this week, she has a message for women in the UAE – if you do one thing this October, have a mammogram. The 44-year-old was told she has breast cancer on April 24 after going for her annual scan. “The radiologist was concerned with what she saw on the mammogram and ultrasound, […]

UAE-based telecommunications service provider du has demonstrated e-SIM for the first time in the Middle East, in collaboration with Gemalto, a world leader in digital security. The e-SIM initiative will enable du’s subscribers to activate the e-SIM on any device over the air. This will allow for an enhanced user experience in a new era of technology adoption that supports multi-device usage – such as smart watch, […]

UAE-based telecommunications service provider du has demonstrated e-SIM for the first time in the Middle East, in collaboration with Gemalto, a world leader in digital security. The e-SIM initiative will enable du’s subscribers to activate the e-SIM on any device over the air. This will allow for an enhanced user experience in a new era of technology adoption that supports multi-device usage – such as smart watch, […]

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UAE. (ME NewsWire )–Despite the fact that FinTech has been causing significant digital disruption to global finance for almost a decade, the sector is still in need of strong guidance against regulatory hurdles, says a new report from ACCA (the Association of Chartered Certified Accountants). The report, FinTech – transforming finance, finds that while FinTech’s impact on finance and banking is proving to be as revolutionary to […]

The UAE was ranked first regionally and 16th globally in the latest Global Competitiveness Report issued by the World Economic Forum (Davos) in Switzerland. The report is one of the most important global competitiveness reports, which monitors annual performance and competitiveness of the economies of countries in terms of strength, weakness, impact on quality of life, prosperity and well-being of people. Switzerland, Singapore and the United States […]

Two years ago, Meitha Al Mazrooei and Rand Abdul Jabbar, two young architects, decided to form a partnership. The decision was born of frustration. Both had spent years studying their profession, Al Mazrooei at the American University of Sharjah (AUS) and Abdul Jabbar at Dalhousie University in Nova Scotia and Columbia University in New York, but given their views on the way that architecture is understood and […]

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UAE.  Mobile phones are the most commonly used device among consumers in the UAE and more than half of all consumers (59%) prefer using their smartphones over any other device to make payments, the new Mastercard Impact of Innovation Study reveals. The study surveyed 23,000 consumers in 23 different countries across the Middle East, Africa and Europe about their attitudes to digital technology. It found that while […]

DUBAI // Car dashboard cameras can play a key role in gathering evidence after an accident and help to prevent crashes, experts say. Open-Eye Security Systems and Installation has joined forces with Dubai Police to launch the region’s first registry of car owners with such cameras. That will allow them to show video footage to the authorities should accidents occur. Thomas Edelmann, Road Safety UAE’s founder, said […]

/By Matein Khalid/The oil market has been a rollercoaster in 2016. A global financial panic triggered by China’s yuan depreciation caused Brent crude to fall below $30 a barrel in late January. I was amazed at the sheer scale of the speculative short positions accumulated by oil traders and hedge funds in both West Texas and Brent futures markets, the highest since the oil crash of 2008. The […]

UAE. Asteco, the Middle East’s largest full service real estate company has released a special Cityscape report on the current status of the UAE real estate market revealing a general slowdown in all emirates, but highlighting marked differences between Abu Dhabi and Dubai. Dubai experienced a slow first six months, but for different reasons, with developers slowing the pace of project completions and handovers due to the […]

ABU DHABI // Fish prices are expected to fall next month as the summer heat subsides after increasing by as much as 50 per cent over the past few months. Ali Al Mansouri, president of Abu Dhabi Fishermen Cooperative Society and the UAE Fishermen Cooperative Association, acknowledged the increased prices but said they would soon start to decrease. “Due to the summer heat the catch is very […]

ABU DHABI // Few people can say they have braved subzero temperatures and the virtually uninhabited, ice-covered landmass of Antarctic, but Fatma Al Sahlawi Al Ali can add her name to that list. After enduring mountainous hikes in the blistering cold, witnessing crumbling icebergs, observing fur seals, humpback whales and penguins on the frozen continent and plunging into icy waters during her expedition earlier this year, the […]

INTERNATIONAL. Global bank rating trends were negative again in 1H16 for the fourth consecutive negative six-month period, says Fitch Ratings. The global distribution of Outlooks deteriorated in 1H16 as Negative Outlooks (22%) far outweighed Positives (5%), a level not seen since 2009. Emerging market (EM) banks experienced the majority of negative ratings trends, heavily influenced by rating actions in Brazil, Russia, Saudi Arabia and Nigeria. In EMs, […]

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