FeaturedTechnologyDubai blockchain market to reach Dh437 mn in 5 yearsPritam BordoloiJanuary 27, 2020January 28, 2020 by Pritam BordoloiJanuary 27, 2020January 28, 2020 The growth rate of Dubai’s blockchain market in 2018 was higher than the global average of 19%... Read more
AviationFeaturedEtihad receives its first Boeing 787 Greenliner jetPritam BordoloiJanuary 24, 2020 by Pritam BordoloiJanuary 24, 2020 The jet will be a part of various aviation sustainability initiatives... Read more
EconomyFeaturedUAE economy to grow 2.5% in 2020: IMFBharath KumarJanuary 24, 2020March 18, 2020 by Bharath KumarJanuary 24, 2020March 18, 2020 The UAE economy’s projected growth will be driven by the energy sector, World Expo 2020 and bold reforms... Read more
AviationFeaturedEmirates decides against bidding for Air IndiaPritam BordoloiJanuary 23, 2020January 23, 2020 by Pritam BordoloiJanuary 23, 2020January 23, 2020 According to Emirates’ Chief Commercial Officer Adnan Kazim, the carrier will focus on its home market... Read more
FeaturedPorts and ShippingDP World’s to strengthen in Europe after buying 44% in SwissterminalPritam BordoloiJanuary 23, 2020January 23, 2020 by Pritam BordoloiJanuary 23, 2020January 23, 2020 The acquisition is expected to increase DP World’s footprint in Europe... Read more
BankingFeaturedDIB becomes world’s largest Islamic bank with Noor Bank acquisitionBharath KumarJanuary 23, 2020March 18, 2020 by Bharath KumarJanuary 23, 2020March 18, 2020 DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE... Read more
FeaturedReal EstateUAE developer predicts Dubai property market to recover in 2020Pritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The recovery will be backed by Expo 2020, new government initiatives and favourable payment plans... Read more
EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
BankingFeaturedEmirates NBD inks deal with DLD to offer trust account servicesBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more
FeaturedTechnologyBlockchain technologies to help UAE conserve over Dh11 billionBharath KumarJanuary 16, 2020March 18, 2020 by Bharath KumarJanuary 16, 2020March 18, 2020 UAE can save 398 million printed papers and up to 77 million hours of work annually using blockchain... Read more