Dubai is the most expensive place in the world to buy a summer dress and surf the internet, a new global ranking says.
Deutsche Bank’s annual Mapping the World’s Prices report outlines the prices of a range of goods and services to rank the cost of living in 50 cities relevant to global financial markets.
According to the 2018 survey, it costs $85 (Dh312) to pay for 8Mbps speed internet a month in Dubai – a slight decline from the cost last year. The cheapest place is Russia,... Read More
The Russian Direct Investment Fund (RDIF), the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire a 49 percent equity stake in LLC Gazpromneft-Vostok, the operator of the fields. Mubadala Petroleum will hold a 44 percent interest and RDIF will hold the... Read More
A hotel in Sharjah says it is working with the authorities to investigate why more than 50 of its guests became suddenly ill.
The men, women and children staying at the Sheraton Sharjah Beach Resort and Spa were admitted to hospitals across the emirate after suffering bouts of vomiting and diarrhoea.
They have complained to authorities of suffering from food poisoning symptoms but that the cause of their sickness has yet to be determined.
A hotel representative told The... Read More
A newly-disclosed malware infection has compromised more than 500,000 home and small office routers and NAS boxes.
Researchers with Cisco Talos say the malware, dubbed VPNFilter, has been spreading around the globe, but appears to primarily be largely targeting machines in the Ukraine."Both the scale and the capability of this operation are concerning," Talos writes in its alert.
"Working with our partners, we estimate the number of infected devices to be at least 500,000 in at... Read More
Jumeirah at Saadiyat Island Resort will open its doors on November 11 on the shores of Abu Dhabi, the Dubai-based hospitality giant announced on Wednesday.
Surrounded by natural beauty, the contemporary beachfront resort occupies a stunning location on Saadiyat Island, overlooking 400 metres of protected sand dunes. The resort's prime location on the island results in an experience where world class art and culture seamlessly cohabit with mangroves, dolphins and turtles - the original... Read More
New research from various cities in the world presented at this year's European Congress on Obesity in Vienna, Austria (23-26 May) demonstrate that if current trends continue, almost a quarter (22%) of the people in the world will be obese by 2045 (up from 14% in 2017), and one in eight (12%) will have type 2 diabetes (up from 9% in 2017).
The study presented by Dr Alan Moses of Novo Nordisk Research and Development, Søborg, Denmark and Niels Lund of Novo Nordisk Health Advocacy,... Read More
A fire that forced more than 100 residents to flee a Dubai Marina tower and left the building badly damaged began in the kitchen of a business on the ground floor, investigators believe.
Fire and rescue chief Brigadier Rashid Khalifa Buflasa said an unspecified flammable substance caught alight and quickly spread to the rest of Zen Tower.
The first five floors appeared to suffer the most damage, though the flames reached the upper floors on the morning of May 13.
There... Read More
“The space age may well be a technological saga, but above all it’s the story of individuals achieving the impossible, and in doing so accomplishing giant leaps for humankind as a whole. Skylink is our celebration of that spirit, championed of old by watchmaker and astronomer Louis Moinet himself.”
Following on from SpaceWalker, the satellite tourbillon dedicated to Alexey Leonov’s 1965 space mission, Louis Moinet is now unveiling a second creation commemorating the great Russian... Read More
Malls across Abu Dhabi and Dubai are running special activities and offering deals to entice shoppers during the holy month. Before you head out, check out what time your destination is open.
ABU DHABIAl Wahda Mall
Shops: Sunday to Saturday, 10am-1am
Restaurants / Cafes / Food Court: Sunday to Saturday, Iftar-1.30am
Amusement Centre: Sunday to Saturday, 4pm-2am
Cinema: As per the existing timings
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Abu Dhabi Mall... Read More
The UAE will enact sweeping changes to its residency system in which key workers will be offered visas of up to 10 years, to attract sought-after professionals.
Doctors and engineers and their families are among those who will be eligible for long-stay visas.
Specialists working in medicine, science, research and technical fields will also be eligible.
Students will also be able to secure five-year visas and "exceptional" graduates could remain in the country for 10... Read More