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Insights: General

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Dubai’s biggest bank offers free Uber rides during Ramadan

Dubai’s biggest bank on Tuesday announced a collaboration with Uber, the US-based taxi-hailing service, which will offer customers free rides during Ramadan. Emirates NBD said in a statement that cardholders will get free rides during the holy month as part of it efforts to offer its growing number of mobile-savvy customers meaningful benefits. Emirates NBD

Dubai’s Phanes eyes Africa for new solar power projects

Dubai-based solar energy developer, investment manager and asset manager, Phanes Group, has announced the launch of an office in Johannesburg, South Africa, its first African office. The company said in a statement that the office will act as a hub for the firm’s activities both in South Africa and across Sub-Saharan Africa. Currently, Phanes Group’s

Oman deports 286 expat workers for violating labour law

Oman has taken legal actions against 437 expat workers and deported 286 of them for violating its labour law, reported local media. Officials detected the violations from May 29 to June 4, when a weekly report and inspection took place, according to the Ministry of Manpower. Oman’s Al Batinah saw the largest number of violating

In pictures: Philippines is in the heart

In Abu Dhabi, Philippine Ambassador Constancio R. Vingno Jr. led a lively celebration at Dalma Mall with thousands of kababayans treated to various games, prizes and a cultural show dedicated to Philippine’s flag evolution. Filipinos rank as the fourth largest expat community in the UAE. They came here because of better opportunities and to help

Most UAE expats believe their savings are inadequate – survey

More than half of the UAE’s Western expats want to increase their savings in 2016, compared with 68 percent of Arab expats and 60 percent of Emiratis, according to a survey. The National Bonds Savings Index reveals the majority of people surveyed in the UAE believe their savings are not adequate for their future, reported

Saudi Arabia aims to attract 1.5m tourists by 2020

Saudi Arabia is targeting 1.5 million tourists by 2020, according to analysts. The Saudi Vision 2030 development initiative announced by Deputy Crown Prince Muhammad Bin Salman aims to increase the revenue generated from tourism to 18 percent in the next 14 years, according to reports. The vision also aims to establish an Islamic museum, which

Saudi Real Estate, Starwood sign deal to build Riyadh hotels

Saudi Real Estate Co has agreed with US firm Starwood Hotels and Resorts to build two hotels next to a district of Riyadh which the government plans to develop into an international business zone. Starwood will manage a five-star hotel under its Westin brand and a four-star hotel under its Element brand, Saudi Real Estate,

Bahrain to invest $928m in Hawar Islands eco-tourism project

Bahrain Real Estate Investment (Edamah), the real estate arm of Bahrain Mumtalakat Holding Company, will invest $928 million (BD350 million) in the Hawar Islands project that will transform it into an eco-friendly tourism destination. Extensions on the two-stage project, which is expected to create 3,000 job opportunities, include an eco-friendly development set along 100 hectares

New $571m Dubai-Abu Dhabi motorway to open by end-2016

Abu Dhabi General Services Company (Musanada) has announced it has completed 83 percent of the new Abu Dhabi-Dubai speedway which aims to cut congestion between the UAE’s two major cities. The execution of the new highway followed a detailed study of the conditions and volume of daily traffic between Abu Dhabi and Dubai. The four-lane

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