Dubai property firm Damac sees Q4 profit dip 47%

Dubai’s Damac Properties , the owner and operator of the only Trump-branded golf club in the Middle East, posted a nearly 47 per cent drop in fourth-quarter profit, while full year profit dropped by 25 per cent. The results came as Dubai, its core ... ( read original story ...)

Dubai aims to outpace other cities in 10 years

Dubai: Dubai’s government entities aim to outpace other cities in services and technology by 10 years through the ‘10X 2.0’ initiative, launched on Monday at the World Government Summit (WGS) in Dubai. The initiative was launched by Shaikh Hamdan Bin ... ( read original story ...)

Dubai’s RTA launches $5m challenge for self-driving cars

They will be pre-qualified based on status, credibility, future vision, skills and relevant expertise of the entity and then tested for technical ability and experience, the business case and relevance to Dubai and the UAE and operation and service. ( read original story ...)

Dubai hotel rates boosted by returning Russian visitors

We’ve seen it last year in Dubai, where micro markets developed differently. The beach hotels were doing really well, and there was revenue increase year-on-year, whereas Downtown was a bit more subdued,” he said. Subscribe to Arabian Business ... ( read original story ...)

Dubai’s Shuaa plans Egypt expansion as economy recovers

has said it plans to expand its capital markets business in the Middle East following a return to profit for the investment bank. Shuaa Capital is assessing potential acquisitions in Egypt’s financial services industry as the Dubai-based firm seeks to ... ( read original story ...)

DEWA wants more companies to step up to solar

No more than 20 people attended what could well have been mistaken for a routine affair, but the presence of the CEO of Dubai Electricity and Water Authority (DEWA) at the opening of Al Rawdah’s solar facilities was evidence that this was no ordinary ... ( read original story ...)

Sharjah as Guest of Honour at New Delhi World Book Fair 2019

Sharjah’s efforts in promoting literature, the arts, intercultural appreciation, reading and knowledge sharing in the region and beyond have been recognised as the ‘Guest of Honour’ at the 2019 New Delhi World Book Fair, NDWBF. Sharjah will be ... ( read original story ...)