Dubai has a low reliance on oil despite hydrocarbons providing three-quarters of the UAE’ consolidated revenue in 2014, according to credit agency Moody’
Consumers launched a Twitter campaign to boycott fishsellers after the price of pompfret rose considerably
The kingdom is expected to achieve economic growth in 2015 of 3 per cent
The service, which will be effective from January 1, 2016, will add 1,155 seats to the route
Sheikh Mohamed Bin Zayed will meet Russian President Vladimir Putin to discuss bilateral relations and regional issues
The company did not disclose the size of the stake that was sold or the value of the deal
The Kazakh airline resumed operations between Dubai and Almaty in September last year
Al Noor made a net profit of $44.9m in the first six months of 2015 versus $45.6m a year earlier
Qatar is working more closely with trade houses who are focused on short-term deals, often in riskier markets, while also lowering its price expectations
Dubai ranks 75 among 140 countries on the annual list compiled by the Economist Intelligence Unit
Police can seize a vehicle if the owner has unpaid fines worth Dhs 6,000 or is found to be racing
Rosneft, the world’s top listed oil company by output, is in talks with Mubadala to jointly develop two projects
Goldman Sachs reduced its short-term outlook for the equity market to “neutral”, but remained “overweight” over six and 12 months
The Langham Place Downtown Dubai, featuring a five-star hotel and serviced apartments, is expected to be completed in 2018
Riyadh saw 47 MERS cases over the last week while the cities of Najran and Abha recorded one infection each during this period
Brent oil touched an intraday low of $43.28, its weakest since March 2009
The Emirates ranked at the bottom of a list of countries that have high levels of mobile security, a new survey showed
Deputy chief executive Promoth Manghat has been promoted to chief executive, the Abu Dhabi-based company said
The agency did not name the man but quoted the director of criminal investigations as saying he was held after returning from a trip to collect funds in Iran
Real estate shares led the recovery with leading developer Emaar Properties gaining 1.8 per cent and DAMAC Properties rising 3.3 per cent
Up to 67 per cent of apartment buildings and 50 per cent of villas in Dubai are uninsured, says survey by MoveSouq.com and RSA
The contract for the Zahra and Hayat Townhouse communities in Town Square has been awarded to Beaver Gulf Group
Increased supply is expected to ease the financial burden of high school fees on parents and provide them with more choices, officials said
Deeb was formally CFO of Abu Dhabi-based family conglomerate Al Jaber Group, whose core business is construction
U.S. oil prices fell below $40 a barrel on Friday for the first time since the 2009 financial crisis, pressured by signs of oversupply in the United States and weak Chinese manufacturing data
Nearly 43 per cent of regional companies polled said that they were looking for opportunities in other markets, a new survey shows
Oil has dropped to six-year lows, less than half mid-2014 levels
The new city will be built around energy-related industries, a source said
Dubai’s stocks closed down 7 per cent as oil prices weakened
Britain had operated without an embassy since Iranian protesters stormed its two main diplomatic compounds in Tehran on Nov. 29, 2011