The UAE is doing everything it can for business continuity and is very much focused on costs as well, a senior UAE official said on Tuesday. “In the UAE, we are doing everything we can within our …
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Man threatens to set himself on fire in company office over unpaid dues in Dubai
An expat has been charged at a Dubai court for allegedly getting into a company office carrying a can of petrol and threatening an accountant that he would set himself on fire unless the owner paid …
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UAE stocks get a double upgrade from Morgan Stanley on stronger recovery hopes
These stocks rated ‘tactical overweight’, with tourism, leisure likely winners UAE stocks have lagged emerging market peers, but talk of an imminent vaccine launch could set that right. Image …
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Morgan Stanley Turns Bullish on UAE Stocks Citing Vaccine Hope
Stocks in the United Arab Emirates are highly exposed to a broad recovery, with positive virus vaccine news “far from priced,” according to Morgan Stanley.
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From a super-tough incubator to a pillow that turns off the internet, Global Grad Show highlights design innovations
“The diversity of the community of young talented researchers we bring together at Global Grad Show has many facets,” says Tadeu Baldani Caravieri, director of Global Grad Show. ” …
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Kids of determination in UAE to learn tech, robotics
The collaboration is aimed at turning the newly launched United Robotics programme into a more inclusive initiative across UAE schools. Under the programme, there will be more community-wide …
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UAE businesses could do with some more time to sort themselves out in post-COVID-19 world
The revised Bankruptcy Law allows UAE businesses a further 12 months to sort out their legacy financial issues. Image Credit: Shutterstock Inflation has always meant flatulence. In the 17th century, …
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Sharjah removes abandoned boats from its beaches
As part of a campaign launched by the Sharjah Municipality, officials have removed all the boats docked for a long time on Al Khan and Al Mamzar beaches, abandoned by the owners. An official with the …
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COVID-19: Sharjah Municipality reduces attestation fee by 2% for residential lease contracts
New fees will remain effective from November 1, 2020, to March 31, 2021 Sharjah: In view of the continuation of the COVID-19 pandemic, Sharjah City Municipality has announced implementation with …
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Life-changing tech is on show at Dubai Design Week
Superworms that convert plastic into organic matter, an earring that monitors diabetes, and an alternative to Styrofoam made of durian fruit.These are three of the 100 ideas being showcased in Global …
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MIDEAST STOCKS-Dubai leads wide gains on vaccine optimism
Major Gulf markets gained in early trade on Tuesday, in line with wider Asia shares, as further positive news on COVID-19 vaccine development kept the momentum going, lifting optimism about a …
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Guard steals power cables worth Dh62,000 from construction site in Dubai
An expat stood trial at the Dubai Court of First Instance on the charge of stealing power cables worth Dh62,000 from his workplace. The 46-year-old Nigerian guard is now facing the charge of theft …
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Dubai’s DFM achieves 97% in disclosure compliance of Q3 financial statements
The Dubai Financial Market (DFM) has reported a minor uptick in the number of listed firms disclosing their financial results, compared to the first half of the year. Out of the 63 public joint stock …
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Dubai to mark golden jubilee of Oman’s National Day
Dubai is set to celebrate the Golden Jubilee of Oman’s National Day, which falls on 18 November, with great fervour across multiple family-oriented landmarks in the city. The celebrations will …
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Police crack down on gambling in Sharjah’s residential areas
The Sharjah Police have stepped up patrolling in residential neighbourhoods and green spaces to crack down on illegal practices, including gambling, gathering of teenagers under buildings, littering …
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Dubai’s Drake & Scull says accumulated losses total $1.3bn
In a filing to Dubai Financial Market, the company … To address the accumulated losses, DSI said it was developing a business plan that includes “focusing on closing out existing projects” and …
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UAE Central Bank extends Tess scheme to June next year
Move will provide relief for banks, finance companies enabling them to provide new loans, facilities to customers affected by the pandemic.
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