Interesting News & Facts

  • Rent freeze announced for Dubai school buildings

       July 30, 2018     
    In an initiative aimed at supporting the educational institutions and reduce their operational costs, the Chief Executive Officer of the Knowledge Fund in Dubai, Hesham Khalifa Al Qaizi, has confirmed that the Knowledge Fund will freeze any increase in rental value on assets leased to investors in the education sector for the academic year 2018-2019. "This initiative reflects the effort
  • Overseas Pakistanis pinning hopes on Imran to deliver on his promises

       July 30, 2018     
    ISLAMABAD: Overseas Pakistanis and professionals are pinning their hopes on Imran Khan as the Pakistan Tehreek- e-Insaf (PTI) is set to form the next government, saying that the time has come to deliver on his vision of a new, prosperous Pakistan after winning the nation’s trust. Pakistanis settled in the UK and professionals hailing from his hometown said if incentives are given
  • What to do if you’re an amnesty seeker with a loan default

       July 29, 2018     
    Dubai: Amnesty seekers with police or civil cases due to bounced cheques or loan defaults will have to clear their cases first before they can avail of the leniency that will begin in the UAE this week, a lawyer said. The three-month amnesty in the UAE will kick off on August 1, giving illegal residents a chance to leave the country without having to pay their overstay fines or getting
  • Priyanka Chopra, Nick Jonas reportedly engaged

       July 28, 2018     
    The rumour mill is abuzz that Priyanka Chopra and Nick Jonas are set to marry. While People magazine has cited a ‘source’ confirming the news, the actress has also bowed out of her Bollywood comeback film Bharat, after a two-year hiatus from the film industry in India to pursue her Hollywood career. The news of her quitting the Salman Khan-
  • UAE banks' liquidity set to remain healthy

       July 28, 2018     
    Banks in the UAE continued to perform with higher levels of profitability in the first quarter of 2018, and liquidity is expected to remain healthy for the remainder of the year, data shows. Compared to the previous quarter, deposits grew at a similar rate (1.41 per cent) in the first quarter as loans and advances rose (1.53 per cent), resulting in a stable loan-to-deposit ratio (LDR),
  • Pakistan elections results: Khan inches closer to victory

       July 26, 2018     
    Vote counting in an election marred by allegations of fraud and militant violence has been tediously slow, yet from the outset cricket star Imran Khan and his Tehreek-e-Insaf (PTI) party have maintained a commanding lead. Election officials say it will be Thursday evening local time before an official count confirms Pakistan's next government. But before even half the votes were counted
  • Dubai rolls out urban beautification projects

       July 25, 2018     
    Dubai: Artists from the UAE, the region and across the world will be invited to create public artworks that will transform the ambience of urban spaces in Dubai. The beautification project was confirmed after the Government of Dubai Media Office (GDMO) signed a memorandum of understanding with the Roads and Transport Authority (RTA). The project, which will take place over the n
  • UAE veteran cricketer creates spectacle at Lord’s

       July 24, 2018     
    Dubai: UAE veteran cricketer Freddy Sidhwa has perhaps become the oldest cricketer in the history of the game to bag a Man of the Final award. He achieved the feat at the age of 76 playing alongside renowned international cricketers from around the world at the historic Lord’s Cricket Ground in London. Sidhwa, who plays regularly in UAE’s domestic cricket, notched up this sp
  • UAE leaders inaugurate $1b Warner Bros. World Abu Dhabi

       July 24, 2018     
    The Dubai Ruler and Abu Dhabi Crown Prince came together to inaugurate the $1 billion Warner Bros. World Abu Dhabi on Yas Island on Monday. The grand opening of the world's largest Warner Bros. branded indoor theme park, however, is on July 25. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, and His Highness Sheikh Moh
  • Sheikh Mohammed, Hamdan make surprise Dubai airport visit

       July 23, 2018     
    Employees at Dubai International Airport were in for a royal treat this morning. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, carried out an inspection at the airport. Dubai Media Office tweeted on their official handle, stating that the purpose was to "inspect facilities and procedures at Dubai International Airpor

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