Noodle House reveals expansion plan in the UAE

The Noodle House, the legacy Asian soul food concept by JRG Dubai, the UAE-based restaurant management company, has announced plans to open four new restaurants in Dubai and Abu Dhabi. The Noodle House...

Bank of Scotland fined £45.5m over fraud failure

  Bank of Scotland has been fined £45.5m for failing to alert authorities to early indications of a fraud which ended with the jailing of six people. The fine relates to activity by Lynden Scourfield, the head of the bank's Impaired Assets team in 2007. The Financial C...

Facebook’s Cryptocurrency Project: Who’s in and Who’s Out

Facebook Inc. unveiled plans for a new cryptocurrency called Libra this week. When it launches in 2020 or later, it will be a stablecoin–a digital currency that doesn’t fluctuate much because it’s supported by established government-backed curr...

Fairbnb Aims to Be the Responsible Version of Airbnb

While travelers love using Airbnb, it has received bad press over the years from those that say short-stay rentals are not ethically sound, making housing unaffordable in certain areas or displacing people who want to live in the neighborhood. Fairbnb wants to change that. The start-up company, which has been in the works for three years, is sim...

The Man Who Brought Fila Back From Dead Is Worth $830 Million

They’re the chunky, thick-soled throwbacks to the 1990s known as “dad shoes.” And they’re beloved by millennials, whose fascination with retro footwear has brought Fila back from the dead. They’ve also helped Yoon Yoon-soo amass an unlikely...

HP launches Spectre Folio in the UAE

The HP Spectre Folio is available now in the UAE at select retailers in Burgundy with an Intel® Core TM i7 processor for a starting price of AED8,099 ($ 2,200). HP Inc has unveiled the HP Spectre Folio, a stunning new device that sets a bold standard for premium PC in...

Bitcoin surges past $10,000 for the first time in a year

Boosted by a weaker dollar and fresh enthusiasm for cryptocurrencies, bitcoin surged past $10,000 for the first time in a year. The cryptocurrency is known for its volatile price swings. Between late 2016 and 2018, investors watched as bitcoin soared...

Bahrain's underwater theme park to open after Eid

Bahrain’s underwater theme park will open after Eid Al-Fitr next month, according to a report by the Daily Tribune newspaper, citing information from the Bahraini Minister of Industry, Commerce and Tourism. The attraction, which authorities claim will be the world’s largest underwater theme park and will include a submerged Boeing 747 as its...

Patisserie Valerie scandal: Five people arrested

Five people have been arrested and questioned over alleged accounting fraud at the Patisserie Valerie chain, the Serious Fraud Office has said. The arrests took place last Tuesday, 18 June, in a joint operation with police, the SFO said. The move com...

Emaar Hospitality launches new mobile app to cover entire portfolio

Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties, has launched a fully-integrated mobile app that covers its entire portfolio. With the single app, users will have access to an extensive range of services including booking of hotels, restaurants, spas, golf and entertainment attractions using their mobile devices...

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