A major retailer has announced that some of its branches will now remain open all day to serve residents affected by floods that have battered the country this week. In a message on social media, …
George Ezra is returning to UAE in October
After delivering a sold-out concert in 2019, George Ezra is returning to the UAE this October for another magical show at the Coca-Cola Arena. The show on October 21 will mark Ezra’s second live …
Dubai To Get Its First Football-Themed Hotel Ahead Of Qatar World Cup 2022
With the Middle-East countries all set for the 2022 FIFA World Cup, fans visiting Qatar can choose to stay in Dubai’s first football-themed hotel, NH Dubai The Palm, to be launched in November.
Ringleader of UK-Dubai money-laundering network jailed
The ringleader of a money laundering group that smuggled tens of millions of pounds of criminal cash from the United Kingdom to Dubai between November 2019 and October 2020 has been jailed for nine …
Abu Dhabi-based Alpha Dhabi announces net profit of Dhs7.9bn in H1 2022
Alpha Dhabi Holding achieved revenues of Dhs17.1bn, up considerably year-on-year from Dhs5.5bn for the same period last year.
DFM posts 63% growth in net profit of H1 2022 to $17.27mln
DUBAI – The Dubai Financial Market (DFM) has announced its consolidated financial results for the first half of the year ended 30th June 2022, posting a 63% increase in its net profit to AED63.4 …
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Abu Dhabi’s Al Seer Marine anchors H1-2022 net profit with Dh882m
Dubai: It’s turning out to be a record profit run for UAE’s listed companies, with Abu Dhabi based Al Seer Marine securing a Dh882.97 million profit for the first six months of 2022. That’s up 115 per …
News about her UAE Golden Visa came as a blessing for this expatriate nurse
On the cusp of her retirement at Tawam Hospital, Elsamma Varghese was granted Golden Visa Dubai: A 61-year-old Indian nurse in Al Ain received the birthday gift of her life! Elsamma Varghese, after 40 …
UAE rate hike: Will cost-conscious consumers shift from car purchase to subscriptions?
Because new car sales in the UAE are currently at 15-20 per cent higher than during the same time last year, and could have gotten even bigger had dealerships managed to bring in enough cars to sell.
Two members resign from Dubai’s Shuaa Capital board
There will now be five board members at the Dubai-listed asset manager and investment banking company instead of seven …
Dubai developer closes on $120M purchase of Surfside condo collapse site
The funds from this sale will benefit the property owners and victims of the June 2021 condo collapse, which killed 98 people.
Legal circles divided about retired judges’ appointments to Dubai international financial court
Concerns focus on Dubai’s human rights record and profession’s image, while some say appointments good for Ireland …
Money laundering kingpin who got Kim Kardashian lookalike, 31, and 35 others to fly more than £100m cash to Dubai jailed
Abdulla Alfalasi, 47, paid mules between £3,000-£8,000 to smuggle an eye-watering £104m in dirty cash out the UK to Dubai. The Emirati national was sentenced to nine years and seven months behind bars …
3 beat irresistible spa deals in Dubai to beat the heat in luxury
If you are done scrolling through the internet to find out the best spa deals in and around Dubai, you have stumbled upon the right place as we have curated the best offers to spoil yourself this …
Gold prices turn seriously hot again, up $40/oz in 2 days – Dubai Gold Rate to go past Dh200/g again
Gold has gained $40/oz since Wednesday evening, which was when the US Federal Reserve hiked interest rates by another 0.75 per cent. Since then, there has been renewed talk of a global recession …
Komainu latest to get Dubai’s approval to operate
Digital assets company Komainu has received a provisional license from the Dubai Virtual Assets Regulatory Authority (VARA) to offer cryptocurrency products and services to institutional clients in …
Dubai Islamic Bank net profit rises 45% to Dhs2.7bn in H1 2022
Dubai Islamic Bank has announced substantial growth in group net profit of 45 per cent year-on-year ( YoY ) to Dhs2.7bn compared to Dhs1.86bn made in the same period last year. The strong growth was …