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Dubai’s Emirates Group reports $6bn annual loss, records first non-profitable year in over three decades

The group reduced the strength of its total workforce by nearly a third to 75,145 employees

Dubai’s Damac appoints new chairman, forms committee to assess Sajwani’s offer

Hussain Sajwani resigned as its chairman last week after his investment firm offered to acquire 100 per cent of Damac

EAGL Mini Series

All you need to know about Dubai’s upcoming Emirates Amateur Golf League Mini-Series

Nick Tarratt will be the tournament director for the EAGL Mini-Series which will be held at the Fire course at Jumeirah Golf Estates on June 20

UAE Customs

UAE Customs seized 923,724 counterfeit goods in 2020

Of the total seizures, 70.73 per cent were intercepted from sea routes, 19.51 per cent through air transport and 4.88 per cent via land routes

DP World

DP World is said to weigh sale of stake in Jebel Ali Free zone

The port operator is working with advisers to gauge interest in the sprawling industrial park

Malabar Gold & Diamonds Nasdaq Dubai

Malabar Gold & Diamonds joins Nasdaq Dubai’s Private Market

Malabar Gold & Diamonds currently generates an annual turnover of $4.51bn through a network of over 260 outlets and 14 wholesale units

Pictures: ‘Most expensive’ villa in Dubai’s Palm Jumeirah sells for Dhs119.5m

The 12,140 sqft villa is reportedly the most expensive Dubai villa to be sold in the past six years

Intelak Hub

Dubai’s Intelak Hub announces 2021 programmes for aviation and tourism startups

Startups that wish to participate in the incubator and accelerator programmes can be based anywhere in the world

Dubai Shopping Malls

Dubai Summer Surprises 2021 mega sale returns in July

Spread across 10 weeks, it will be held from July 1 until September 4

Covid-19 Vaccine in Dubai

Covid-19: More than 2.3 million people vaccinated in Dubai

Eight out of every 10 people infected with Covid-19 in Dubai have not been vaccinated

Google startup accelerator

How Dubai Next can be a gamechanger for the startup ecosystem

Here’s how the platform can help champion innovation and reduce the failure rate among startups within the region

Why clean energy’s corporate patrons are buying less this year?

Dubai to get 600MW additional clean energy this year

Clean energy is expected to account for 12 per cent of Dubai’s overall production by the end of 2021

Dubai external trade

Dubai’s non-oil external trade grows to Dhs354bn in Q1 2021

China remained Dubai’s largest trading partner in Q1 2021, with Dhs44bn worth of trade

Dubai’s RTA undertakes integrated transport project around Expo 2020 bus stations

The project will add 45km to the emirate’s cycling tracks network

Emirates Dubai Malta

Emirates to resume thrice-weekly flights from Dubai to Malta

Travellers from the UAE can avail of quarantine-free travel to the Mediterranean country

US Passport

Business Traveller Middle East to host US Green Card and residency seminar in Dubai

The EB-5 programme investment price will soon decrease from $900,000 to $500,000

Dubai’s Emaar adds new contract clause after project delays

According to the founder, missed deadlines are a ‘real source of concern’

Dubai tycoon Hussain Sajwani resigns, makes $599m offer to take Damac private

Damac traded below the Dhs1.3 per share offer price on Wednesday

Emirates-NBD

Emirates NBD lists $750m bond on Nasdaq Dubai

Emirates NBD the largest financial services bond issuer on Nasdaq Dubai through seven listings with a total value of $5.1bn

Hamdan Bin Rashid Cancer Charity Hospital Dubai

Upcoming cancer charity hospital in Dubai raises Dhs220m

The Hamdan Bin Rashid Cancer Charity Hospital will open in 2023 and provide free treatment to low-income patients

Desert Control

Desert Control joins Dubai’s in5’s alumni network after raising Dhs85m in IPO

Desert Control is ready to launch its commercial rollout of liquid natural clay that turns deserts into fertile land

Royal Grammar School Guildford Dubai

Dubai to get 10 new schools in upcoming academic year

The new schools will offer Australian, UK, US and IB curricula

Dubai’s Emirates to resume flights to Nice, Lyon in France

Emirates currently operates 14 weekly flights to/from Paris

Dubai airport

Emirates to restart flights from Dubai to the UK this month

The airline said that travel restrictions remain in place as the UAE is still on the UK’s red list for travel

Dubai-based Opontia raises $20m to acquire MENA e-commerce brands

Opontia was launched in March 2021

Dubai UAE Solar energy

Dubai’s electricity capacity reaches 12,900MW

The electricity production capacity will further increase to 13,200MW with the commissioning of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park

DIFC Courts Emaar Properties

Dubai’s Emaar Properties signs property assets protection agreement with DIFC Courts

Emaar agrees to promote the court’s Wills Service to provide additional protection on real estate investments in the UAE

RTA awards contracts for constructing 34.4km internal roads in Dubai

The internal roads will be constructed at three residential communities – Al Quoz 2, Nad Al Sheba 2 and Al Barsha South 3

Dubai airport

UAE suspends entry of passengers from Vietnam

The entry ban is applicable to those who have been in Vietnam 14 days prior to their arrival to the UAE

Dubai’s Emirates to launch new service to Miami

The carrier will now serve the US with over 70 weekly flights across 12 gateways