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Monthly Archives: May 2018

UAE Ranked Global Leader in Fiber Optic Networks for 2nd Year

The UAE has the highest Fiber-to-the-Home (FTTH) penetration globally, with a coverage of 94.3%. A significant amount of this coverage is provided by Etisalat...

Iran Deal: The EU Has The Most To Lose

Europe is on edge ahead of Donald Trump announcing whether the U.S. will withdraw from the Iran nuclear deal. European companies have enjoyed success...

Dubai Holding to Launch Region’s First Digital Bank

Dubai Holding, the global investment holding company, has announced it will invest up to AED 1 billion over the next five years to launch...

Dubai’s Listed Firms on Roadshow to Woo Wall Street Investors

The Dubai Financial Market (DFM) International Investor Roadshow in New York 2018 has successfully strengthened links between listed companies and leading US-based investment funds....

Record Edition of Beautyworld Middle East Opens in Dubai

Double-digit growth continues for region’s largest beauty and wellness trade fair as global players flourish in vibrant market The Middle East and Africa’s largest international...

Gold Demand in 2018 Gets off to Quiet Start as Investment...

Gold demand had a soft start to 2018, reaching 973 tonnes (t), the lowest first quarter since 2008. This was largely caused by a...

Emirates Skywards Makes Miles Collection and Rewarding Easier

Emirates Skywards boosts reward opportunities with increased flexibility in managing Miles Cost of buying, gifting and transferring of Skywards Miles is now more attractive ...

Disney’s Heroes and Villains Pop Up Channelon OSN

The battle between Good and Evil is on! Disney fans across the Middle East will soon be able to celebrate their favourite heroes and...

Dubai Retail Sales Forecast to Exceed $43 Billion by 2021

The value of retail sales in Dubai is expected to reach $43.8 billion by 2021, while the emirate’s retail market is projected to record...

Diamond and Gold Trade Exempted from VAT as Demand Halves

The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals, meaning that...

Economic Growth Momentum Ticks Up

With stronger improvements in output, new business and employment has contributed to the latest expansion. Meanwhile, backlogs of work increased at the fastest rate...

How to Protect against Skin Cancer

It’s already May and here in Dubai, front-of-the-pharmacy aisles are filled with myriad brands and types of sunscreen. While sunscreen is essential to lowering...

Financial Literacy for Individuals Becomes a Priority in UAE

UAE Banks Federation launches fully integrated handbook ‘Financial Literacy for Individuals’ Due to the increasing importance of financial awareness, the UAE Banks Federation (UBF), continues...

Prize Money of Dubai World Challenge for Self-Driving Transport Exceeds $5...

Finalists to be announced in October 2018, winners in October 2019 The Challenge targets mega companies, start-ups and universities The Roads and Transport Authority...

Expo 2020 Dubai Project Development Updates

Exhibition centre to be operated by Dubai World Trade Centre Dubai Investments PJSC , the leading, diversified investments company listed on the Dubai Financial Market,...