Dubai: Bank of Sharjah had accumulated losses of Dh182.15 million as of end last year, principally brought on by regulatory requirements at its Lebanon operations. Bank of Sharjah operates a …
This W Abu Dhabi wellness day makes clean living look good
A mix of engaging fitness classes and a cleverly curated food selection… W Abu Dhabi – Yas Island has sketched out a road map for a day of wellness shenanigans that are actually kind of making us …
Indian healthcare and HealthTech companies will find an ecosystem in Abu Dhabi: Abu Dhabi Department of Economic Development
India’s key partner in the Gulf, is initiating several measures to ramp up health infrastructure, an initiative which has gained significance in the backdrop of Covid-19.
UAE: Gang of six jailed for forcing women into prostitution
A gang of six Asians, who forced women into prostitution, has been sentenced to jail on charges of human trafficking, the Ajman criminal court has ruled. One of their victims was a 28-year-old woman …
UAE reports 1,989 new COVID-19 cases and 3 deaths
As part of its intensified testing campaign, MoHAP announced 1,989 new coronavirus cases, bringing the total number of recorded cases in the UAE to 576,947. According to the Ministry, the infected …
UAE tycoon pays Rs 1 cr blood money, saves Indian from death row
UAE tycoon pays Rs 1 cr blood money, saves Indian from death row. Becks Krishnan was saved by prominent NRI businessman and philanthropist M A Yusuffali who helped to pay his ‘blood money’ amounting …
UAE-sent medical supplies arrive in Kathmandu
The medical supplies donated by the government of UAE to support Nepal in tackling the second wave of COvid-19 pandemic have arrived in Kathmandu today. The shipment delivered consisted of 150 …
Friends Provident International: 57% Of UAE Workforce Would Not Survive Financially for Three Months in Event of Critical Illness
Results of a Financial Survival survey commissioned by Friends Provident International (FPIL), a global provider of protection, savings and investment …
Dubai has sustainable water resources, says Dewa chief
Dubai: Saeed Mohammed Al Tayer, managing director and CEO of Dubai Electricity and Water Authority (DEWA), has assured that Dubai has a “comprehensive approach to ensure sustainability of its water …
Resurgent property market: Facing a rent hike? UAE tenants can have the upper hand in rental contract negotiations
With the UAE property showing signs of recovery, and rents seen rising in some parts as a result, it would be useful for a largely tenant-led real estate market to understand how one could potentially …
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10 of the most parent-friendly companies in Abu Dhabi (so far)
These companies have been recognized as ‘early adopters’ of parent-friendly work policies Abu Dhabi’s Early Childhood Authority is inviting companies in the capital to sign up to its new ‘Parent …
Abu Dhabi students showcase talent at global exhibition in Italy
A team of students and researchers at Abu Dhabi University (ADU) have designed a project called ‘Abu Dhabi’s Vertical Studio’, a curated exhibition that aims to re-think Abu Dhabi’s emerging economic …
ADX lists $1bn bonds issued by Abu Dhabi Ports
Abu Dhabi Securities Exchange (ADX) has said that it has listed $1bn of bonds issued by Abu Dhabi Ports. The 10-year bonds, with a primary listing on the London Stock Exchange, are rated A+ (stable) …
UAE: Indian businessman pays Dh500k to save man on death row
The Indian expat, who was on death row in the UAE for causing the death of a young boy in a road accident, can finally see the outside of a jail cell following the intervention of NRI businessman M.A.
57% of UAE’s workforce financially unprepared for critical illness, job loss: Friends Provident survey
A quarter say they don’t have resources to see past a month if it comes with job loss Here’s a shocker – 57 per cent of the UAE’s workforce are woefully unprepared financially if they were suddenly …
Sukuk growth may be blunted by UAE’s tighter standards: S&P
DUBAI: The growth in shariah-compliant bond issuance this year could be hurt by complications arising from the UAE’s recent adoption of tighter Islamic finance standards, according to S&P Global …
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Here are the UAE stocks disproving that old market saying about a subdued May
For some UAE stocks such Emirates NBD and FAB, May is a boom month ‘Sell in May and go away…” is the famous financial world adage. But it didn’t work with UAE stocks this year. The saying suggests …
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