UAE to implement three initiatives from WEF’s GFC

November 13, 2018 7:51 am0 comments
UAE to implement three initiatives from WEF’s GFC

Cyberattacks was the number one risks for businesses 13-11-2018, Tuesday-Dubai : The UAE will implement three initiatives to prepare for the future over the next year, which were discussed at the World Economic Forum’s global future council, a senior government official said on Monday at close of the two-day forum. […]

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Under performing Dubai index may play a catch-up

November 9, 2018 8:44 am0 comments
Under performing Dubai index may play a catch-up

Index has shed 16% so far in the year, compared to 14% gains on ADX index 09-11-2018, Friday-Dubai: The Dubai index has been trying to gain buying momentum and form a base to run higher towards 3,000 level, the highest level since May. Activity has been picking up in shares […]

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Tech spending in the UAE could touch Dh60b by year-end

8:37 am0 comments
Tech spending in the UAE could touch Dh60b by year-end

Digital transformation is driving investments in emerging technologies 09-11-2018, Friday-Dubai: The UAE is seeing increased spending in technology helped in large part by the digital transformation. The information and communication technology (ICT) spend could rise to $16.38 billion (Dh60.11 billion) through a 1.8 per cent gain over last year. “The […]

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UAE’s gold shoppers stock up on bars to beat VAT

8:25 am0 comments
UAE’s gold shoppers stock up on bars to beat VAT

This week, sales of bars and coins have shot up to near record levels, say retailers 09-11-2018, Friday-Dubai: Gold shoppers in the UAE were picking up 10-and 20-gram bars in “record” numbers this week and making full use of their VAT-free status. On November 5 alone, more than 2 tonnes […]

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Oil nears one-month low on report US asked Opec to raise supply

June 6, 2018 7:56 am0 comments

International benchmark Brent was down $1.09 by 1040 GMT at $74.20 a barrel, its lowest since May 8 London 06-06-2018 Wenesday, Brent crude futures hit their lowest in close to a month on Tuesday following a report that the US government had asked Saudi Arabia and other major exporters to […]

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Facebook music to feature lip-syncing

7:54 am0 comments
Facebook music to feature lip-syncing

Users will be able to mime their favourite songs live as part of deal with music labels 06-06-2018 Wenesday, New York: Facebook users will be able to lip-sync live to their favourite tunes as the social media behemoth on Tuesday unveiled its first personalized features as part of licensing deals with […]

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