Dubai: Dubai is preparing the ground for its next big IPO, with the toll-gate operator Salik to sell 1.5 billion shares – or 20 per cent of the equity capital – via an IPO. Salik, which was converted …
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Big time developer Nakheel opens first community retail mall in Dubai
Dubai developer Nakheel has officially opened … The property developer is building the Dhs2.5 billion Nakheel Mall and The Pointe Mall on Palm Jumeirah, as well as a mall and night market …
UAE plane carrying relief goods reaches Lahore
Investment proposal floated as Qatar declines deposit plea UAE plane carrying relief goods reaches Lahore Thus far, $10bn losses caused by floods: Miftah Lake breached to insulate …
Al Ghurair Properties removes brokers’ fees on new rentals offer in Dubai
Pioneering real estate company Al Ghurair Properties is enabling new tenants to pay zero commission when moving into one of its broad range of stylish apartments. The limited-time offer also allows …
‘Unpaid shares’ in Dubai, BVI companies may come back to haunt many Indians
Under the Indian Companies Act, a person is allotted shares only after full payment. While UAE Free Trade Zone (FTZ) rules require a minimum share capital of 50,000 dirhams (about ₹11 lakh at the …
Dubai Government Human Resources Department And SAP Collaborate To Develop Emirati Talent
Dubai Government Human Resources Department and SAP Collaborate to Develop Emirati Talent Stringent selection process …
Dubai govt accuses Pak’s ARY of dishonesty, shameless greed over breach of settlement
The government of Dubai has accused Pakistan ARY Group of dishonesty and shameless greed over the breach of a settlement it signed two decades ago to construc …
Man Utd owners the Glazers put price tag on club to open door for ‘Dubai takeover’
Manchester United owners the Glazers would sell the club for £3.75billlion, according to reports. That could open the door for a potential takeover from a Dubai sovereign wealth fund. We’ll be …
Pereira, Alcacer excel as Sharjah start campaign with win over Shabab Al Ahli
The visitors took just eight minutes to open the scoring when Ousmane Camara sent a low cross into the penalty area, where Luan Pereira met it with a first-time curling right-footed effort into the …
Nurse gets Dhs60,000 after hospital refuses to pay her dues in Abu Dhabi court battle
The details date back to an earlier time when the nurse filed a labour lawsuit demanding that the hospital pay her dues, including late wages, leave allowance, end of service gratuity, overtime for …
RTA, Capital Express to transport Wizz Air passengers between Dubai and Abu Dhabi
The bus fare for the new shuttle service will be included in the airline’s tickets RTA, Capital Express to transport Wizz Air passengers between Dubai and Abu Dhabi Abu Dhabi, Capital Express for …
Abu Dhabi courts add Spanish as another language in claims form
Youssef Saeed Al Abri, Undersecretary of Abu Dhabi Judicial Department, said the expansion in the use of bilingual claim forms comes in line with the directives of Sheikh Mansour …
Abu Dhabi Court of Appeal upholds a ruling obligating 6 companies to pay Dhs105 million to a bank
The details date back to the time, when the bank filed a lawsuit demanding seven companies to pay it Dhs106.5 million.
Glider crashes in Dubai, killing South African pilot
Last Wednesday, a glider hurtled into the parking lot of the country’s largest mosque, Sheikh Zayed Grand Mosque in Abu Dhabi. The pilot was injured. Authorities are still investigating the “technical …
Why the wealthy are attracted to Dubai’s luxury homes
When we talk about luxury homes and surging demand, however, it’s important to pinpoint an appropriate definition of luxury. In our H1 2022 Market Report we talked about the 17 per cent year-on-year …
Man dies in accident in Skydive Club area in Dubai
An investigation is underway, the UAE’s General Civil Aviation Authority said Man dies in accident in Skydive Club area in Dubai Accident, Dubai, GCAA, General Civil Aviation Authority, paramotor, sky …
Sharjah becomes No.1 venue for staging internationals
Sharjah nudges out the Sydney Cricket Ground from the top position with the ground having now hosted 244 ODIs, 9 Tests and 28 T20Is giving it a total of 281 …