Interesting News & Facts

  • World’s wealthiest gain $1 trillion in 2017 on market exuberance

       December 28, 2017     
    New York, Princeton The richest people on earth became $1 trillion richer in 2017, more than four times last year’s gain, as stock markets shrugged off economic, social and political divisions to reach record highs. The 23 per cent increase on the Bloomberg Billionaires Index, a daily ranking of the world’s 500 richest people, compares
  • New Year fireworks in Dubai to begin at 8pm on December 31

       December 27, 2017     
    The Global Village recently announced the New Year's Eve celebrations with a host of mega shows, entertainment and concerts, topped by fireworks. It will celebrate the New Year not only of the UAE, but also of six other countries around the world through seven countdowns and fireworks displays. The first fireworks show begins at 8:00pm UAE time and will cel
  • Sheikh Mohammed receives 'Informatics Medal'

       December 27, 2017     
    His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has received the 'Informatics Medal', in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Executive Council, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and
  • UAE bank lending grows on economic activity

       December 26, 2017     
    Lending by UAE banks increased month on month in November 2017, reflecting increased economic activity in the country. According to the UAE Central Bank's figures, gross credit increased 0.7 per cent, rising from Dh1.584 trillion at the end of October 2017 to Dh1.594 trillion at the end of November 2017. During November 2017, total bank deposits als
  • Dubai Shopping Festival to start with 12-hr super sale

       December 26, 2017     
    With mega sales and one-of-a-kind outdoor markets, spectacular fireworks and a scintillating performance by Egyptian megastar Mohamed Mounir, 23rd edition of the Dubai Shopping Festival officially begins today. The month-long annual event, taking place until January 28, 2018, will feature mega raffles that offer residents and visitors prizes worth up to Dh1
  • Shaikh Mohammad tours Dubai Safari

       December 26, 2017     
    Dubai: His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, on Sunday visited Dubai Safari Park and toured its various sections. He was ccompanied by Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation, Chairman and Chief Executive of Emirates airline and Group, and Shaikh Ahma
  • Dubai realty still a winner

       December 24, 2017     
    Dubai remains an attractive market for property investors despite softening rents and sale prices this year as the emirate still offers stable returns on real estate investment, a latest report says. Property portal Bayut's annual report for 2017 indicated a seven per cent and five per cent average return on investment on apartments and villas, respectively
  • 5 best places to spend Christmas holidays in UAE

       December 24, 2017     
    You better watch out, you better not cry, the schools have shut their doors, we're telling you why - Santa Claus is coming to town. But in which city/beach/mountain retreat will he be visiting you? The possibilities are endless, so we're bringing you a few options to narrow down your search for a top Christmas vacation. Better be quick and book sharpish, though!
  • Here are 10 worst passwords never to use

       December 23, 2017     
    It seems some are just indolent or simply too occupied to work their brains out and come up with invulnerable passwords. According Graphic News, SplashData published its annual list of the worst passwords of the year, using data pulled from over five million passwords that were leaked across 2017 by hackers. Despite major data leaks, many people still conti
  • Sharjah Ruler orders Dh600m increase in salaries of govt staff

       December 23, 2017     
    His Highness Dr Sheikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Thursday ordered a Dh600 million increase in the salaries of the emirate's government employees. However, the new salary cadre, to take effect as of January 1, 2018, is only available to Emirati nationals who shall no more be categorized below the 8t

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