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Revealed: Top 10 companies in the UAE in 2018

The biggest listed companies in the UAE by market capitalisation

Dubai airline Emirates posts 86% drop in H1 profit, warns of ‘tough’ times ahead

The airline blamed the drop in profit on high fuel costs and currency devaluations

Abu Dhabi’s ADNOC to spend over Dhs18bn on local market by year-end

The Abu Dhabi firm is looking to boost local spending under its ICV programme, launched earlier this year

Over 4,500 retailers sign up for UAE’s tourist VAT refund scheme

The scheme will be implemented from Sunday, November 18, 2018, at the Abu Dhabi, Dubai and Sharjah International Airports

Mega Dhs1bn library project in Dubai now 72% complete

The Mohammed bin Rashid Library in Al Jaddaf is slated to be the ‘biggest cultural project’ in the Arab world when it opens

Oman Air flight makes emergency landing in UAE after boy dies onboard

The four-year-old Indian boy suffered an epileptic seizure onboard

Gender diversity a priority in most UAE workplaces – survey

The survey indicated diversity varied significantly between the public and private sectors

Revealed: Top 10 ‘simplest brands’ in the UAE, Saudi Arabia

Google tops the UAE list, while fast food chain Al Baik takes the top spot in the Saudi ranking

Dubai developer Damac Properties posts 68% drop in Q3 profit

Residential prices in Dubai have dropped more than 15 per cent since 2014

Dubai aims to become “global capital” for luxury yacht marinas

A new joint venture will control key government marina assets across the city

‘Dubai Way’ street opens in Texas

The street is part of a development being built by a unit of Dubai-based MAG Group

Air Arabia posts 20% drop in Q3 net profit, blames high fuel prices

Net profit during the first nine months of the year also fell by 17 per cent

Music streaming service Spotify launches in the UAE, MENA region

The company said services would now be available in 13 Arab markets

Free parking in Dubai for public holiday on Sunday

The UAE has declared Sunday as a holiday to mark the Prophet’s birthday

Hollywood star Ryan Reynolds in Abu Dhabi for shooting ‘6 Underground’

The film’s cast and crew of over 300 people will spend 30 days in the UAE shooting at four locations

UAE emirate doubles salaries of government employees

The move is part of initiatives held to celebrate the 100th anniversary of the birth of the UAE’s founding father Sheikh Zayed

Dubai airline Emirates’ profit badly hit by higher fuel prices – official

Emirates’ cargo business is excelling this year, the airline’s chief commercial officer said

Two killed in Sharjah villa fire

The blaze broke out on Monday night

Abu Dhabi’s ADNOC awards 25% stake to Italy’s Eni in offshore gas concession

The Ghasha concession consists of the Hail, Ghasha, Dalma and other offshore fields

Tourists will be charged a fee for VAT refund, clarifies UAE’s FTA

The maximum cash amount that can be returned to a tourist for a 24-hour period is Dhs10,000

Dubai’s Bluewaters island with world’s largest observation wheel opens

The Dhs8bn project, located across JBR, features residential, hospitality, leisure and entertainment spaces

UAE to list sectors for full foreign investment in early 2019

The new FDI law, approved last month, allows foreigners to own more than 49 per cent and up to 100 per cent in UAE-based businesses

Drone video: Expo 2020 Dubai takes shape

Spread across 4.38 sqkm, the expo site in Dubai South will feature three thematic pavilions

Hard Rock Cafe opens venue at Dubai International Airport

The outlet is the brand’s second in Dubai

Workers protest in Abu Dhabi over unpaid salaries

The labourers alleged they had not been paid for up to five months

Weather alert: More rains, reduced visibility in the UAE

Stormy conditions on Sunday night led to warnings from authorities to stay indoors, as events were cancelled across the country

UAE central bank now free to link banks’ exposure to real estate

A new law introduced last month abolished a cap

Dubai’s Danube awards Dhs150m construction contract for Jewelz

The project, launched in March 2018, is scheduled for delivery in Q1 2020

Virgin Mobile launches eSIM services in the UAE

Etisalat launched eSIM services late last month in the UAE

Dubai to have dry night for Prophet’s birthday

Restaurants and hotels will be banned from serving alcoholic drinks and hosting live entertainment for 24 hours