The lower profit was due to higher impairments and a slump in revenues
Arabian Business has been banned for a month for “publishing false news”, officials said
Of the five major banks to publish earnings this quarter, four have reported improved profits
The UAE minister says the Qatar crisis has ‘gone on for too long’
Nakheel handed over almost 870 land form and built form units to customers between January 1 and June 30
Passenger traffic during the first half of the year grew 6.3 per cent to reach over 43 million
Dubai airline Emirates topped the local ranking
The UAE halted condensate imports from Qatar in June
The flight was stranded due to a fault with the A380’s air conditioning system
The UAE’s largest lender First Abu Dhabi Bank was created this year following the merger of National Bank of Abu Dhabi and First Gulf Bank
The company could raise at least $1bn from a listing
The accident occurred at around 8pm on Tuesday in Oman’s Adam province
There were no casualties in the accident
Easing of visa restrictions on Indian, Chinese and Russian tourists helped boost business confidence, finds survey
The first outlet will open in Dubai later this year
A new venture plans to partner with local businesses to deliver packages weighing up to 5kg
Senior staff were reportedly informed of the plans just days after the company opened a new flagship store
The upgrade provides drivers with new map and sensor technology
The airline will begin services to Makhachkala and Voronezh and also resume flights to Ufa
The firm reported declining year-on-year profits in the preceding 10 quarters
The nine individuals and nine organisations are said to have “direct and indirect ties with Qatari authorities”
Fareed Abdulrahman Al Janahi, acting COO of Tecom, has been appointed as the CEO of the new development
The closure is to allow construction work for the Route 2020 metro expansion to take place
The loan is expected to be in a range of $4bn to $5bn, a source said
Dubailand was the only area where apartment rentals rose in Q2
The Dhs135m villa project marks the first time Amlak is developing a fully-owned property
The oil sector now accounts for less than 1 per cent of Dubai’s GDP
A new survey has revealed positive sentiment around new investment and business conditions for the year ahead
The Al Ghurair hotel and residences in Deira are set to be rebranded
Phu Quoc Island will supply and store crude oil and refined petroleum products