The discovery at the Mahani-1 exploration well is the first onshore discovery of gas in the emirate in 37 years
Brent crude plunged nearly 4 per cent on Monday, dropping below $60 a barrel
The London-listed company’s share price has fallen 24 per cent this year to 13.48 pounds
The new service will begin in April this year
Net interest income increased 26 per cent while non-interest income grew 38 per cent
Strong winds are expected to cause blowing dust, leading to reduced visibility
The travel alert has been issued to ensure the safety of citizens over the outbreak of the coronavirus in China, that has claimed at least 80 lives so far
The virus is the latest upheaval for the oil market, which is also dealing with plentiful global crude supply
Zimbabwe wants to sell as much as a 25 per cent stake in its national oil company
A total of 295,148 students across 173 nationalities are receiving education in schools across Dubai
The freezone is open to a range of activities including those in the education, service, commercial, media, and industrial sectors
Dubai continues to be a key regional business hub, while infrastructure and tourism initiatives in Riyadh will further fuel the economy and real estate market
The city of Wuhan, the epicentre of the virus, is currently under lockdown
The family’s troubles began last month when Block’s Muddy Waters Capital issued a report criticising NMC’s accounts
The investor group has reportedly shown intent to purchase the soccer team, owned by British billionaire Mike Ashley, for $445m
As a business owner, it can be tricky to see past the stress and the struggle. These four signs should help entrepreneurs assess their growth trajectory
A special report on the state of the e-commerce industry in the region outlining its most recent innovations, challenges that lie ahead and the way forward
“The kingdom’s tourism strategy is backed by astonishing infrastructure investments to the tune of $1.1trillion over the next 20 years”
“AI and data analytics are creating new levels of personalisation in media”
About 3.7 million passengers from China traveled to Dubai’s airport last year
India, Saudi Arabia and the UK remained the emirate’s top source markets
The new resolution, outlining rules for operators, homeowners and authorised tenants, has been developed to diversify the tourism sector in the emirate
In October last year, Damac chairman Sajwani had warned that the real estate slowdown could spillover to the city’s banks and called for curbs on construction
Following the acquisition Dubai Islamic Bank has total assets exceeding Dhs275bn
The coronavirus has killed at least 17 people and infected hundreds of others
It has extended its wet lease agreement for four Boeing 737 NG aircraft till February 29 to increase capacity
According to Al Nowais, his company AMEA Power, will raise about $300m in initial funding within the next three months
The oil giant raised $29.4bn in the world’s biggest-ever initial public offering, selling shares at 32 riyals each
The kingdom has urged for an investigation into the matter
Dubai carrier Emirates has emerged as the most popular brand in the UAE in 2019