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DUBAI

Princess Reema calls for Saudi women to head sports federations

Wednesday, 10 January 2018

Saudi Princess Reema bint Bandar bin Sultan Al Saud won Arab Sports Personality Award, on Wednesday, at the 9th Mohammed Bin Rashid Al Maktoum Creative Sports Award ceremony held in Dubai. Mohammed Bin Rashid Al Maktoum Creative Sports Award is the biggest award of its kind in the world and one of the entities under the Mohammed Bin Rashid Al Maktoum Global Initiatives. Princess Reema said that she wants to see more women take up top positions in Saudi Arabian sports federation and inspire the ...

UAE economic growth expected to rise to 3.9 pct in 2018

Tuesday, 9 January 2018

Growth of the United Arab Emirates’ gross domestic product is expected to accelerate to 3.9 percent in 2018, a senior official of the Ministry of Economy said on Tuesday, citing a forecast by the central bank.Abdullah al-Saleh, the ministry’s undersecretary for foreign trade, was speaking at a business conference. Last month, the central bank estimated GDP growth in 2017 at only 1.6 percent, partly because of cuts in oil output under a global deal among producers.This year, oil ...

Blue Whale game kills teenager in Morocco, five in Algeria

Friday, 5 January 2018

A teenager committed suicide by throwing himself off of a building rooftop in Aghadir, south of Morocco, to complete the final challenge of a game called Blue Whale which has caused five other child suicides in Algeria by means of hanging. The young man was an undergraduate student who was known to be an introvert, local media reported on Thursday. He was addicted to video games, and quickly got into the Blue Whale game which gives players orders that they need to execute, the last of which is ...

Oil prices, technical outlook likely to support Gulf markets

Thursday, 4 January 2018

Most Gulf markets may keep a firm tone on Thursday after oil prices shot up and the three main Wall Street stock indexes hit record closes overnight.Brent crude oil futures hit $68.16 a barrel on Thursday morning, their highest level since May 2015. That is good news for the margins of many Saudi petrochemical companies and for Gulf governments which intend to use increased oil revenues to boost spending this year.ALSO READ: Oil dips away from mid-2015 highs as higher output looms ...

Lebanese star Elissa upsets fans on New Year’s Eve after video goes viral

Monday, 1 January 2018

A video of Lebanese star Elissa which surfaced on social media on Sunday evening has stirred controversy after she refused to take a picture with a fan. The star was at a New Year’s Eve party in Dubai. Audiences present referred to the incident as an indication of Elissa’s “arrogance and vanity.” In the video, the fan can be seen waiting for the singer by the stage door, but was denied and held back roughly by security personnel. The woman can be seen rather upset from ...

IN PICTURES: Happy New Year! How the world welcomed 2018

Sunday, 31 December 2017

Dubai celebrated the New Year Sunday with a spectacular midnight laser show at Burj Khalifa, the tallest tower in the world. As the clock ticked to midnight the 828-metre (2,716-foot) tower was lit up with the green, white, black and red colours of the United Arab Emirates, a portrait of UAE founder Sheikh Zayed bin Sultan Al-Nahyan and "2018". Hundreds of thousands of people watched the display amid tight security, with roads to the city centre sealed off. There were first aid ...

Iconic Dubai Frame opens on January 1

Sunday, 31 December 2017

The Dubai Frame, the UAE’s latest landmark boasting a 150-meter tall, rectangle outline building officially opens on the 1st of January. The frame overlooks the whole city allowing you to take in the panoramic views of both sides; old and new Dubai. Inside the frame includes the Dubai past gallery, Dubai future gallery, sky deck, a souvenir shop and a social media wall. This latest of the city’s iconic buildings will offer visitors a window that shows the old and new city and a peek ...

Dubai-based private equity business launches $250 mln healthcare fund

Thursday, 28 December 2017

TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas ranging from cancer to pharmaceuticals in markets including the Gulf, Turkey, Egypt, India and Singapore, a senior executive told Reuters. The company plans to make the investments over the next two years, with the first deal scheduled to close in the second half of 2018, said Charles Floe, operating partner. TVM Capital Healthcare has targeted markets it thinks offer ...

Dubai implements new project aimed at easing air traffic

Tuesday, 26 December 2017

Dubai has implemented new air traffic management procedures that have been designed to meet the needs of increasingly congested airspace over the next several years. The major restructuring of the UAE’s airspace, spearheaded by the Dubai Air Navigation Services (dans), 150 new GPS “waypoints” for aircraft movement as the country looks to ease air traffic congestion. “Spearheaded by Dubai Air Navigation Services (dans), the air navigation services provider of Dubai and the ...

Dense fog disrupts UAE flights ahead of Christmas

Sunday, 24 December 2017

Thick fog on Sunday disrupted flights at major airports in the United Arab Emirates as thousands of foreign residents rushed to travel home for Christmas and the New Year. Dozens of flights were cancelled, diverted or delayed at the three main airports in the emirates of Abu Dhabi, Dubai and Sharjah. At the Dubai airport, one of the busiest in the world, at least 17 flights were cancelled, as visibility dropped to just 100 meters in some areas of the emirate. At least another 100 incoming ...

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