Local News

  Ritika Sharma / Emirates Business More and more Middle East residents are looking for tailor-made real estate assistance to make the process of searching, purchasing and selling properties in the region easy. Catering to this demand, many online portals are creating one-stop destinations to offer investors and residents bespoke real estate services. Talking about the trend that is becoming ...

  Dubai / Emirates Business Mohammed Bin Rashid Al Maktoum Foundation (MBRF), a member of the Mohammed Bin Rashid Al Maktoum Global Initiatives, and the United Nations Development Programme (UNDP) organised Egyptian Knowledge and Innovation Society Conference in Cairo as part of a series of events in key international and regional cities to announce results of the Arab Knowledge Index. ...

  Sunaina Rana / Emirates Business Leading UAE-based e-commerce website Souq.com has observed a significant 32% growth in smartphones sales in 2015. The Google Insights report stated that the UAE has witnessed the highest rate of device ownership in the world. The average consumer in the Emirates in 2015 owned three connected devices. Souq.com has been experiencing a 100% increase ...

  RITIKA SHARMA / Emirates Business UAE has always been atop the list of countries that are home to exciting theme parks and unmatchable thrill rides. The country is leading the way in growth of the theme-based entertainment industry, as Euromionitor report reveals that revenue from the sector is expected to reach US$837 million by 2019, with new parks on ...

  ALKESH SHARMA / Emirates Business The GCC nations, led by UAE, are one of the biggest markets of smartphones globally. In a bid to beat the mounting competition and grab the maximum market share, mobile phone companies are adopting many innovative strategies, specially customised for this region. South Korean conglomerate Samsung has emerged as the clear-cut market leader in ...

  Abu Dhabi / Emirates Business A high-level delegation from the UAE Telecommunications Regulatory Authority (TRA) held discussions during its participation at the recently concluded 27th meeting of the GCC Committee for Undersecretaries of Post and Telecommunications, in Riyadh. Topics covered partnerships in the telecommunications sector especially the recommendations issued by the Secretariat General regarding Post Office Agents Association and ...

  Dubai / Emirates Business Dubai’s government is a global leader in fostering a start-up approach to drive citizen happiness and the knowledge-based Digital Economy, government and smart technologies experts announced at a special majlis. Attending the majlis, held at the Murjaan Ballroom at the MadinatJumeirah Convention Centre under the theme of, “Citizens of the Future: Run Live, Run Happy,” ...

  Sharjah / Emirates Business The eighth edition of the Etisalat Award for Arabic Children’s Literature is now open to accept submissions, with its organisers encouraging publishers, authors and illustrators of Arabic children’s and young people’s books from across the world to send in their entries before the end of August. Organised by the UAE Board on Books for Young ...

  Sharjah / EMIRATES BUSINESS Sharjah Islamic Bank (SIB), a leading shariah compliant commercial bank in the UAE, successfully repaid a USD 400 million sukuk. The Sukuk was raised in May 2011 under challenging market circumstances. The funds raised under the sukuk were used for general corporate purposes and business expansion of SIB. Mohamed Abdulla, CEO of SIB, thanked the ...

  DUBAI / WAM Secretary-General of the Federation of UAE Chamber of Commerce and Industry, Humaid bin Salim, said the UAE was at the top member of Organisation of Islamic Cooperation in terms of intra-OIC trade in 2014 with US$121.7 billion accounting for 15.2 per cent of the total intra-OIC trade. Turkey came second with $77.8 billion (9.7 per cent ...