Sharjah’s Road and Transport Authority on Thursday temporarily suspended passenger transport service to the eastern regions due to heavy rains. The transport authority suspended services on two routes …
Oil prices, solid earnings boost major Gulf markets; Abu Dhabi retreats
Most major Gulf stock markets ended higher on Thursday buoyed by rising oil prices and solid corporate earnings, but Abu Dhabi bucked the trend to close lower.
Abu Dhabi petrochemical, technology firms post strong first- half profits
Borouge says its net income increased 2.5 per cent to $853 million; Multiply Group declares Dh462 million in net profit; Response Plus Holding posts a net profit of …
Abu Dhabi’s Aldar Properties posts 54% jump in profit in Apr-June 2022
Profit attributable to shareholders came in at 803.99 million dirhams ($218.91 million) for the three months to June 30, compared with 520.83 million ..
First Abu Dhabi Bank first-half profit jumps 50% to Dh8 billion
Almost Dh50 billion net incremental lending was extended by FAB year-to-date, which is a record for the group for any half-year period …
UAE aims to strengthen collaboration with Egypt in maritime sector
The UAE aims to strengthen its collaboration with Egypt in the maritime sector and will focus on boosting joint investment in areas including the development of ports and logistics services through …
UAE: Rescue operations underway in rain-affected areas
Rescue operations and relief efforts are currently underway in full swing involving national rescue teams to ensure the safety of residents in areas that have been affected by heavy rains and floods.
Taking a loan in UAE? Do it now before interest rates rise further, residents told
Interest rates are expected to increase further in the coming months, therefore, it’s high time for the residents to obtain loans and mortgages. The UAE Central Bank late on Wednesday increased the …
Rain in UAE: Does car, home insurance cover damages caused by flooding?
Rain damages are covered by both types of insurance policies individual and corporate. Damages are considered damages irrespective of the cause,” says Anas Mistareehi, chief operating officer of Al …
Mc Donalds’ sends free food and a thoughtful note to man a hospital in Dubai: Here is why
McDonalds’ in UAE sent free food and a thoughtful note to one of their customers. The post went viral on social media with Mcdonalds’ letter ‘Your order is on us. People applauded the gesture of the …
UAE property: ‘Can a tenant sublet a flat without the landlord’s consent?’
Therefore, the tenant must move out by May 2023. However, the tenant has been breaching the terms of the contract by renting out the apartment on Airbnb. Although he claims to have a Dubai Tourism …
UAE investors bet on Indian NFT startup as it raises $3.2 million
Artfi is on a mission to democratise the fine art space by fractionizing high-value artworks into limited editions NFTs UAE investors bet on Indian NFT startup as it raises $3.2 million Art Collection …
UAE-Nigeria Expands Bilateral Economic Cooperation
The United Arab Emirates has hosted the first UAE-Nigeria Joint Committee meeting during when both sides discussed political and economic cooperation, …
Sharjah eco body honours participants of programme
The Environment and Protected Areas Authority (EPAA) in Sharjah honoured participants and families in the fifth edition of its ‘Together For a More Beautiful Summer’ programme. The 11-day programme …
UAE: Man to pay Dh500,000 compensation for seizing company profits
A businessman has been ordered to pay Dh500,000 in compensation to his partner for seizing profits of the company and illegally selling shares. The accused and his business partner had equal shares in …
UAE to see increased demand for BNPL services
Online shoppers increasingly opting for Buy Now Pay Later (BNPL) services when purchasing various products and services …
Dubai’s Aleph Hospitality signs third hotel In Uganda
Aleph Hospitality, a leading Dubai-based independent hotel management company, has solidified its presence in Uganda by taking over management of the Best Western Plus The Athena Hotel in Kampala …