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Tag Archives: Dubai

Initiative to promote children’s rights in UAE

The Community Development Authority (CDA) in Dubai has launched the “Friends for the Rights of the Child” programme during a ceremony to mark World Children’s Day on November 20. The initiative seeks to promote and spread awareness on human and children’s rights in the UAE. The programme familiarises students with …

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Bottom falls out of UAE markets

Last week the Dubai Financial Market General Index (DFMGI) fell by 172.43 or 4.76 per cent to close at 3,449.81, that’s the largest one-week decline since May 2016 and the lowest close in 18 weeks. Most issues fell as there were 34 declining and only eight that advanced, while volume …

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Dubai Property Show heads to Mumbai

Dubai Land Department is taking its Dubai Property Show to Mumbai for the third year running. Indian citizens have long been the largest non-GCC buyers of Dubai property, the Land Department said in a press statement. Land Department Director General Sultan Butti Bin Mejren said, “Indians have long since understood …

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UAE the best managed economy in the region: IIF

The UAE is the best managed economy in the region, according to the latest regional economic outlook report from the Institute of International Finance (IIF), a Washington based association of world’s leading banks and financial institutions. “The UAE with large financial buffers (estimated at around $670 billion), safe-haven status, perfect …

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UAE 2015: Moving Towards A Non-Oil Reliant Economy

By Anshuman Kukreti – for Middle East Business News – In spite of the political fallout, the Emirati economy catapulted to a growth trajectory beyond bounds of ‘the predictable’ during 2014.Considered as the second largest economy in the Arab world, the UAE cruised to a far better-than-expected growth of 4.8% …

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UAE markets recover partly after slump

Source: Gulf News – The UAE markets rebounded on Wednesday after the oil triggered slump as traders picked up bargains ahead of the new year. The Dubai Financial Market General Index ended up 1.29 per cent at 3,774, recovering from the previous session’s more than 5 per cent decline. The …

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Sufism in UAE: A short history

THE LEVANT – By Dr. Haytham Mouzahem – There are few sources that talk about the history of mysticism in the Arab Gulf states and particularly in the United Arab Emirates. G.G. Lorimer, who is considered one of the best historians and geographers that described the Arabian Gulf at the …

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Dubai flyover works begin

THE LEVANT – Diversion work for the construction of flyovers on Al Wasl Road and Jumeirah Beach Road will begin soon, even as work on all three phases of the Dubai Canal project is ongoing. A senior Roads and Transport Authority (RTA) official told reporters that the layout for the diversion is being …

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UAE will provide potable water to Gaza

Vice President and Prime Minister of the U.A.E.  Sheikh Mohammed bin Rashid Al Maktoum, has instructed the U.A.E. Suqia Water Aid Foundation to give top priority to the provision of potable water to Gazans who are suffering acute shortage of water as a result of Israeli bombardment, and to act …

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