Action against Mustafa Abdel-Wadood is for his role in Abraaj misconduct Dubai: The Dubai Financial Services Authority (DFSA) Wednesday imposed a penalty of $1.92 million (Dh7 million) on Mustafa …
Former Abraaj managing partner Mustafa Abdel-Wadood fined $1.9m by Dubai’s DFSA
The former managing partner of scandal-hit investment firm Abraaj has been fined $1.92m by the Dubai Financial Services Authority (DFSA) for his involvement in fraud. The DFSA published a notice on …
Chanel Returns to International Events With Dubai Show
The runway display, attended by Penélope Cruz, was the French fashion house’s first overseas event since the outbreak of the coronavirus pandemic.
Middle East Crude-Dubai slips ahead of OPEC+ meet
Middle East crude benchmark Dubai slipped on Wednesday, easing from multi-year highs ahead of the OPEC+ meeting.
PH, UAE take a step closer in forming space technology pact
The Philippines and United Arab Emirates (UAE) are taking “another step closer” in establishing cooperation that will make use of space technology in various purposes such as food security and …
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Indonesian President arrives in Abu Dhabi, will meet Sheikh Mohamed bin Zayed
Indonesian President Joko Widodo arrived in Abu Dhabi last night on a visit to the UAE. Widodo flew in from Glasgow, Scotland, where he participated in the World Leaders Summit. At the Abu Dhabi …
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Dubai listing of state entities will be ‘catalyst’ for growth, analysts say
Dubai’s initial public offering of 10 state-owned companies will be a catalyst for growth as the emirate looks to double the size of its capital market to Dh3 trillion ($817 billion) and attract …
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Dubai announces plans to list utility DEWA in the ‘coming months’
The Dubai government has announced plans to list utility Dubai Electricity and Water Authority (DEWA) in the “coming months”, the emirate’s Deputy Ruler and Deputy Prime Minister and Minister of …
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UAE ministry to transfer e-Dirham platform to Central Bank
ABU DHABI – The Ministry of Finance (MoF) and the Central Bank of the UAE (CBUAE) today signed a memorandum of understanding (MoU) to transfer the Ministry’s eDirham payment platform to the Central …
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Sheikh Sultan opens 40th Sharjah International Book Fair
His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, opened the 40th edition of Sharjah International Book Fair (SIBF) on Tuesday. Themed ‘There’s always …
Sharjah Ruler launches first 17 volumes of ‘Historical Dictionary of the Arabic Language’
His Highness Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member, Ruler of Sharjah and President of the Arabic Language Academy in Sharjah, launched today the first 17 volumes of the …
A right book for everyone at Sharjah Book Fair
We are grateful to Sharjah for this 10-day journey into the universe of written word The Sharjah International Book Fair, one of the most anticipated events on the UAE’s cultural calendar, returns on …
Sharjah International Book Fair: There’s always a right book
This year, the 40th Sharjah International Book Fair opens from Nov. 3 to 13th under the theme ‘There’s always a right book.’ What a poignant line to describe a book fair tha …
Power of Ayurveda in boosting immunity highlighted in UAE
Dubai: More than 500 licensed Ayurveda practitioners from India are currently practising in the UAE, the Consul General of India in Dubai Dr Aman Puri said during the Sixth Ayurveda Day celebration at …
Watch: How to stay festive fit as you celebrate Diwali in the UAE
To avoid reversing health benefits that you may have accrued with a balanced lifestyle routine, during the festive season, it is important to be conscious of your health and protect it,” added Dr …
Expo boosts UAE private sector growth to fastest since June 2019
The UAE non-oil sector posted a marked increase in new business during October, driven by rising spending and tourism amid the opening of Expo 2020. According to IHS Markit UAE Purchasing Managers’ …
UAE Business Activity Quickens as Dubai Expo Spurs Tourism
Business activity in the United Arab Emirates rose to the highest level in more than two years last month, helped in part by an influx of tourists drawn to Dubai’s Expo 2020 event.