Dubai-based logistics major Aramex said on Thursday it has hired lawyers to defend the company against a $40 million lawsuit related to a fire at its warehouse facilities in Morocco last year. In a …
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Abu Dhabi’s $232 Billion Mubadala Wants to Take Crack at Top 10
Abu Dhabi’s Mubadala Investment Co. is overhauling its structure and deploying capital to double in size to nearly half a trillion dollars in the next decade, a plan that will vault it into the top …
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Wizz Air predicts January fall to 25 percent capacity despite Abu Dhabi launch
Wizz Air forecasts flying at 25 percent of its usual worldwide capacity in January despite the launch of Wizz Air Abu Dhabi planned for January 15. For the latest headlines, follow our Google News …
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TOWIE’s Yazmin Oukhellou shares loved-up snap with boyfriend James Lock in Dubai
The TOWIE star, 26, looked happier than ever as she posed for a snap with her beau, 34, as they lapped up the sunshine in Dubai on Thursday.
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First Abu Dhabi Bank sells $500 mln sukuk as Gulf bonds heat up
First Abu Dhabi Bank FAB.AD, the largest lender in the United Arab Emirates, sold sukuk, or Islamic bonds, worth $500 million on Thursday, as Gulf issuers start tapping debt investors in what is …
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Belgian Mertens pulls out of Abu Dhabi with shoulder injury
Belgian Elise Mertens withdrew from the WTA 500 event in Abu Dhabi on Thursday with a right shoulder injury hours before her opening match of the 2021 tennis season, the women’s governing body said.
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UAE starts trials of Russia’s Sputnik V coronavirus vaccine as cases rise
Abu Dhabi has started Phase III clinical trials of Russia’s Sputnik V COVID-19 vaccine amid a surge in infections in the United Arab Emirates, Abu Dhabi’s media office said on Thursday.
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Travel, Trade May Resume Within a Week to Qatar, Says UAE
Arab states boycotting Qatar could resume travel and trade links with Doha within a week under a U.S.-backed deal, but restoring diplomatic ties requires more time as parties work to rebuild trust, a …
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UAE bank NPL means provision cover key; Saudi comes off low base
UAE banks stand out on provisions and capital, with asset quality assimilating an buildup of bad loans that are indirectly related to the pandemic (at least 14% of deferred loans at high risk).
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Transtelecom connects residential complex Abu-Dhabio Residences
Kazakhstan operator Transtelecom has started connecting to its network the residential complex Abu-Dhabi Residences based in the city of Nur-Sultan. Work is carried out under a contract with the …
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Abu Dhabi, Yale University to pioneer breakthroughs in post-quantum cryptography
The partnership between Abu Dhabi TII and Yale University also aims to enable a knowledge-driven ecosystem in the UAE …
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How Sharjah’s Capital University College boomed despite coronavirus challenges
Sharjah-based Capital University College saw enrolments boom as it shifted to purely digital learning in March when the coronavirus pandemic hit the UAE. This increase was led by professionals looking …
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UAE-Qatar ties: Trade, transport could resume within a week, says Gargash
Trade and transport could resume with Qatar within a week after diplomatic relations have been restored, the UAE Minister of State for Foreign Affairs Dr Anwar Gargash said. In a virtual briefing to …
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Abu Dhabi’s Top Bank Follows Dubai Rival to Dollar Bond Market
First Abu Dhabi Bank PJSC followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds on Thursday.
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Russian COVID-19 vaccine trials begin in UAE as cases rise
Abu Dhabi has started Phase III clinical trials of Russia’s experimental COVID-19 vaccine, known as Sputnik V, amid a surge in infections in the United Arab Emirates, Abu Dhabi’s media office said on …
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UAE: Get 35% off traffic fines in early payment initiative
The early payment of traffic fines initiative, under which motorists are offered a 35 per cent discount if they make the fine payment within 60 days of the violation has been extended, Police has …
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Benefit from 25% discount for transport exhibition in Dubai
RTA urges people to register for MENA Transport Congress and Exhibition event before January 15 to avail discount.
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