Home GCC UAE

UAE

Two killed, eight injured in accident on Dubai’s Al Wasl Road

The crash happened on Monday evening

Abu Dhabi’s new Midfield terminal opening delayed to 2019

The terminal had been due to open in September 2017

Dubai’s RTA reveals traffic diversions on Sheikh Zayed Road until July 2018

The diversions, between Interchanges 2 and 3, begin from March 10

Abu Dhabi Islamic Bank considering dollar sukuk issue

The lender could potentially issue in May this year

Dubai airline Emirates says it employs over 29,0000 women

Women make up close to 44 per cent of the airline’s workforce

UAE’s Al Futtaim launches new 100-store mall with IKEA, ACE in Dubai

The mall, located in Jebel Ali area, is set to be completed by Q1, 2019

Emaar chairman hopes for better year after ‘tough’ 2016

Alabbar said he was “cautiously optimistic” about Dubai’s property market

UAE launches year of giving strategy, seeks private sector contribution

The strategy aims to see private sector firms contribute to national development

Dubai Financial Market launches ETF trading platform

The platform launched with one ETF from Afkar Capital

Abu Dhabi aims to soon close financing for ‘world’s largest’ solar power plant

A consortium of Japan’s Marubeni and China’s JinkoSolar Holding won the bid to build and operate the 1,177MW plant

Dubai to introduce further regulations for desert tour, camp operators

Dubai Tourism said it has created a more “manageable and cohesive” set of rules

Profit at Abu Dhabi's Mubadala climbs 12.4%

Abu Dhabi’s Mubadala sells part stake in Advanced Micro Devices

Mubadala sold 45 million shares in AMD for around $613m

UAE non-oil private sector growth highest since Sept 2015

New business inflows rose sharply and at the fastest rate since September 2015

Dubai’s Audacia Capital buys 25% stake in car rental firm Ekar

The company launched its pay per hour car rental service in Dubai in January

Emirates NBD to list Islamic REIT fund on Nasdaq Dubai

The firm will use its proceeds to fund acquisitions of real estate assets

Pictures: Dubai reveals plans to develop city’s largest public park

The construction of the first phase of the park, covering 318,000 sqm, is scheduled to commence later this year

Demand for oil is “healthy” – UAE energy minister

The global forecast for oil demand stands at 1.5 million barrels per day in 2017

Emirates rejects Lufthansa, Air France-KLM claims

European legacy carriers have been hit by the rapid growth of the main Gulf airlines

Pictures: Massive blaze breaks out at Dubai’s Lamcy Plaza

Everyone was evcuated from the mall

Healthcare operator Mediclinic presses Abu Dhabi to rethink healthcare reform

Abu Dhabi has cut insurance coverage under its Thiqa plan

Dubai Airports bans ‘irregular’ and ‘oversized’ baggage

The ban is set to be enforced from March 8

Dubai’s Mall of the Emirates installs nine Tesla charging points

The charging stations are located at the Fashion Dome valet parking and on the first and second floors of the mall

Carillion venture chosen as main contractor for $600m Dubai Expo project

The company will develop three districts of the Expo site

Dubai among the top 20 ‘important’ cities for the world’s ultra-wealthy

Globally, London emerged as the most important city for UHNWIs

Dubai contractor Arabtec outlines three-year recovery plan

The troubled firm plans to sell some non-core assets

Dubai’s Damac awards Dhs200m main works contract for Merano Tower

The 29-storey tower is slated for completion in 2019

Dubai’s DIFC Courts will now be able to handle labour cases

Dubai’s ruler Sheikh Mohammed issues new law expanding the jurisdiction of the DIFC Courts

Dubai ruler appoints new police chief

Major general Abdullah Khalifa Al Marri has been appointed to the role

Abu Dhabi’s Etihad signs codeshare deal with EgyptAir

The partnership will be introduced in phases from March 1

First look: The Address Boulevard opens in Downtown Dubai

It is the first new Address hotel in seven years