The strong product tanker markets helped Gulf Navigation return to profit last year, newly released figures from the shipowner show. The Dubai-listed company booked net income of AED 21m ($5.7m) for …
ADNOC commences crude oil production from Belbazem Offshore Block
ADNOC will optimise operations by combining neighbouring fields, integrating AI and digitalisation. ADNOC commences crude oil production from Belbazem Offshore Block. Exploration & Production, NEWS, …
UAE: Ministry bans fishing of two species this month
Beginning April 1 until April 30, fishing of Golden trevally (Gnathanodon speciosus) and Painted sweetlips (Diagramma pictum) is prohibited as the month is..
Abu Dhabi’s ambitious 2030 tourism strategy: GDP contribution at $90bn, over 178,000 jobs
Abu Dhabi’s Tourism Strategy 2030 outlines ambitious objectives, including boosting visitor numbers to 39.3 million and increasing the sector’s GDP contribution to Dhs90bn by 2030. Additionally, the …
Department of Community Development announces achievements of volunteer work in Abu Dhabi during 2023
The Department of Community Development – Abu Dhabi (DCD), the regulatory authority overseeing the social sector in Abu Dhabi, has revealed the remarkab …
UAE: Two in three small firms express positive view of the future business environment
Small and medium Enterprise (SME) sectors in the UAE have moved from a stage of resilience to prosperity after the Covid-19 pandemic, with two out of three expressing a positive view of the future …
UAE announces new Corporate Tax registration deadlines: What businesses need to know
Under the latest decision announced by the Federal Tax Authority (FTA), resident companies established or incorporated in the UAE prior to March 1 must adhere to specific deadlines this year to …
How The UAE Inspired Maria Pavani To Become An Entrepreneur
Maria Pavani founded her specialty coffee startup Tres Marias Coffee Company in Dubai in 2019 after noticing many cultural similarities between the UAE and her native Brazil, especially with respect …
Dubai real estate: Emaar reveals plans for The Oasis residential community
According to Arabian Business, the developer has invested an estimated $20 billion (AED73.4 billion) on The Oasis by Emaar, located adjacent to Jumeirah Golf Estates and DAMAC Hills in Dubai. The …
UAE Announces 9-Day Eid al Fitr Holidays for Public Sectors
The UAE government has officially declared a one-week holiday for its public sector employees, effective from Monday, April 8. This announcement brings joy to federal government workers who will enjoy …
UAE petrol price increase for April 2024 comes into effect today
UAE petrol prices reached an all-time high in July 2022, with Super 98 costing Dhs4.63 per litre. In 2023, petrol prices peaked in October and declined in November, December and January. You can see …
UAE culture: Emiratis battle to preserve dying embroidery art
The art of hand-weaving braided shiny ribbons to adorn traditional clothing and bags is called Al Talli, and is on UNESCO Intangible Cultural Heritage of Humanity list. But with the relentless pace of …
UAE meets 44.1 % of Japan’s crude oil needs in February
The UAE secured 44.1%, namely 31.3 million barrels, of Japan’s crude oil needs in February 2024, according to the Agency for Natural Resources and Energy in Tokyo, a report said. The agency, part of …
UAE Cabinet has mandated one-week Eid Al Fitr holiday for federal government
United Arab Emirates: The UAE Cabinet announced that the Eid Al Fitr holiday for the federal government sector will start on Monday, April 8, 2024, for a period of one week. Regular working hours …
Thrills, surprises in Dubai World Cup card highlight international racing
The Dubai World Cup program Saturday at Meydan Racecourse provided more than its share of upsets and thrills to take center stage on the global horse racing scene.
Dubai: Gold prices jump over Dh3 per gram to new all-time high
Precious metal rates in the country jumped eight dirhams per gram during last week and around Dh17 per gram in the month of March …
36-hour wait, camping overnight at Dubai property launches: Are long queues still relevant?
Even though things have changed a lot since 2016, some property developers keep agents queuing up for several hours outside their offices for prestigious launches. The latest one for the launch of the …