Emirates Business Dr Brian Etemad, CEO of Tamleek Real Estate, has been selected as the ‘Real Estate Genius of the Year 2017’ by UAE’s real estate publication Property Time. The selection is in recognition of his achievements of brining real estate investment from across the globe to Dubai. In a short span of time since its inception, Tamleek, spearheaded by …

ABU DHABI / Reuters The United Arab Emirates is working with Saudi Arabia’s central bank to issue a digital currency that would be accepted in cross-border transactions between the two countries, UAE central bank governor Mubarak Rashed Al Mansouri said on Wednesday. The digital currency would be based on blockchain, the shared ledger of transactions that is maintained by a …

DUBAI / Reuters The non-oil part of the United Arab Emirates economy is expected to grow as much as 3 percent this year, accelerating from 2.7 percent last year, the central bank said. “The recent improvement in oil prices has shed a positive sentiment on the economic activity in the non-oil sector and boosted economic confidence,” it said in a …