Popular buildings in the off-plan segment were mainly in the luxury market, finds report
The first case was of a school bus driver who drove a number of children to three schools on Sunday morning before he showed symptoms of the virus
A series of royal orders created a separate ministry of investment and appointed former energy minister Khalid Al-Falih to head it
The five-year sukuk was oversubscribed 2.5 times with a total book size exceeding $750m
The first of the new clubs is expected to open in April at Marina Gate, Dubai, and will be the brand’s 33rd destination in the UAE
The Dubai Municipality will issue guidelines regarding a permit that will be required to advertise across the emirate
Enness’ DIFC office was fined for carrying out activities outside the scope of its licence
The Organization of Petroleum Exporting Countries and its allies are to meet next week in Vienna to assess their global cuts and output policy
Further investments of $4.3bn are expected into MENA’s desalination projects by 2022
The two women, who tested positive for the disease, had travelled from Iran
The country has already suspended all flights to and from China, with the exception of Beijing
The total number of coronavirus cases in Kuwait tally five while Bahrain has registered eight cases of the Covid-19 virus
By the end of 2020, the plant will have a total cooling capacity of 49,000 refrigeration tonnes
The Gulf nation plans to lower its debt and review state companies
All passengers entering Bahrain will be tested at arrivals
The stock has lost 68 per cent since the Muddy Waters report on December 17, and is the worst performer this year in the UK’s benchmark FTSE 100 Index
The kingdom aims is to draw 100 million visits a year by 2030
The move come amidst efforts to contain the spread of the coronavirus outbreak in Iran
Its global multifamily property portfolio is currently valued at approximately $2.3bn
A total of 557,430 motorists benefitted from the previous initiative announced in February 2019
The launch will enable Chinese tourists to transact seamlessly with Network International’s merchant network in the UAE via their WeChat mobile wallet
Saudi British Bank, which is 29 per cent owned by HSBC, completed the acquisition of Alawwal Bank last year to create the kingdom’s third-largest lender
Bahrain reported a citizen who had arrived from Iran as its first case of the coronavirus infection while Kuwait reported three confirmed cases of the virus
The UAE economy grew 4 per cent in the second quarter of 2019 while the fourth quarter posted the lowest growth figure of 1.3 per cent
Spring holidays for government and private schools that follow the ministry’s curriculum across the UAE will begin on March 29 and end on April 11
Residents were evacuated after a fire broke out at the building on Thursday night
The 2019 visitor figures grew 10.5 per cent year-on-year
Of Saudi Arabia’s 33 insurance companies, 10 made a loss last year, with the bulk of profits being earned by two companies — Bupa Arabia and Tawuniya
Abu Dhabi Islamic Bank is seeking to save about Dhs500m by cutting jobs and closing branches
Central banks in Indonesia, Mexico, Turkey and South Africa have cut rates this year