Expansion plans to be announced by Duke’s business school

With the aim to proceed with research and deliver programs, Duke University's business school will soon announce an expansion plan, which will set up a network of campuses around the world.

The announcement would be made at the Fuqua School of Business on Monday, when the campus would be hosting a function to celebrate the cultures of the school's new host countries.

On-site sales to commence at Lagoons by the end of this year

The development arm of Dubai Holding, Sama Dubai announced yesterday that over 95% of the water-edging work on The Lagoons waterfront has been completed. The company’s portfolio had recently increased to $60bn.

Talking about Lagoons, it is basically a 70 mn sq ft waterfront project on the Dubai Creek.

Prior to this, Dubai's Public Prosecutor had reported that four officials of The Lagoons project were detained for questioning process, which also included chief executive Abdul Salam Al Merri.

Customers not satisfied with the service provided by banks during the ATM scam

An Arabian Business Poll conducted recently has revealed the fact that almost 77% of customers were not satisfied with the way their banks handled the ATM scam to hit the UAE.

Last week, a terror was spread around in the UAE, when some fraudsters used fake credit and debit cards to withdraw the money from the ATM. Following this new security measures are being introduced by the banks to fight the menace of fraudsters, and customers are also being instructed to change the passwords and codes of their debit and credit cards.

UAE and GCC to be the prime focus of 'Eid in Dubai'

The tourism sector is surely going to gain a lot since the celebration of “Eid in Dubai” organized by the Dubai Shopping Festival Office (DSFO) is just around the corner.

The Chief Executive of DSFO Laila Sohail reported, “During Eid, there is a jump in travelers around the world as people look for destinations to visit during this holiday. With all activities planned for Dubai during this period, it will be one of the key destinations.”

Istithmar Suspends its Top Officials Involved in Wrongdoing

With the Govt. proceeding with its investigations related to corruption, Dubai sovereign wealth fund, Istithmar World has suspended its vice chairman Adel al-Shirawi and chief financial officer, Feras Kalthoum.

It was confirmed through a statement that Adel al-Shirawi will no longer be serving as a board director of Istithmar World.

Earlier during the month of August, Istithmar World, a unit of state-owned Dubai World had confirmed, “The two were being investigated for alleged wrongdoing while in their previous positions at Dubai mortgage lender Tamweel.”

Kylie Minogue all set to win Millions of Hearts in Dubai

The well known Hollywood singer Kylie Minogue is all set to win hearts of millions through her two concerts which she will deliver at Dubai. Reportedly, the award-winning singer and a breast cancer survivor, has agreed to perform in two concerts at Dubai and in return has grabbed a cheque of four million US dollars for one performance.

The concerts will be held this November and the singer according to the Middle East AEG Live production company will let the singer earn a whopping sum of money.

Pages

Advertisements

NEWS IN FOCUS

Volvo XC40 Recharge, Polestar 2 receive Range Assistant App via OTA software update

The Volvo XC40 Recharge compact luxury crossover SUV and Polestar 2 all-electric liftback are receiving a range assistant app via an over-the-air (OTA) update, manufacturers of the two luxury EVs h

Geely starts production of all-electric Zeekr 001; deliveries to commence on October 23, 2021

Chinese automobile manufacturer Zhejiang Geely has confirmed that it has officially started the production of its all-new, fully-electric Zeekr 001 electric coupe—the first model from the new Zeekr

China-made Hongqi E-HS9 luxury electric SUV comes loaded with impressive specs

The recent unveiling of the all-electric Hongqi E-HS9 full-size luxury SUV by state-owned manufacturer FAW Group is enough to prove just how far the Chinese automobile industry has evolved over the

Lucid adds LIDAR sensor to DreamDrive ADAS to help drivers get to destination safely

Lucid Group, an American electric vehicle (EV) manufacturer headquartered in Newark area of California, has officially announced that its proprietary DreamDrive advanced driver assistance (ADAS) pl

Fully-electric truck covers record driving range of 682.88 miles on single charge

A fully-electric delivery truck, operated by German delivery firm DPD in partnership with automotive giant Continental, has set the world record by covering a distance of 682.88 miles (1,099 km) i

Global plug-in car sales exceed 3 million in first seven months of 2021

Dropping a clear hint about the accelerated transition from conventional internal combustion engines (ICEs) to electric vehicles (EVs) globally; newly released stats revealed that global sales of p

Global chip shortage forces GM to halt production of Chevy Bolt EV & EUV crossover

General Motors (GM), American automobile giant headquartered in Detroit area of Michigan, has decided to halt production of the Chevy Bolt EV & EUV crossover due to shortage of semiconductor ch