Dubai developer Emaar Properties recorded Dhs2.43bn in net profit for the first nine months of 2020, slumping 58 per cent from Dhs5.81bn recorded during an year-earlier period. Meanwhile, the …
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Damac Properties slips into massive Dh931m loss in first nine months of 2020
Dubai: Damac Properties has slipped into a Dh931 million loss for the first nine months, as Dubai’s property market feels the full impact of the COVID-19 on demand. Last year, it had a profit of Dh132 …
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The best noise-cancelling headphones in the UAE for 2020
The best noise-cancelling headphones take music listening to the next-level by blocking outside noise and allowing you to focus in on your favorite songs. Whether you plan on using them at home or …
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Sharjah starts three-day anti-mosquito drive
Teams from the Sharjah Municipality on Wednesday started a three-day mosquito control campaign, spraying pesticide on areas that are likely to become breeding grounds of insects and mosquitoes this …
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Emirates turns to Dubai to see it through crisis after $3.4 billion loss
State-owned Emirates said on Thursday that Dubai would help it through the coronavirus crisis after losses of $3.4 billion tipped the airline’s holding company into its first half-year loss in more …
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Dubai’s Global Village smashes 2nd world record in 2 weeks
Bagging its second Guinness title in two weeks, Global Village set a world record for having the most LED lights ever on a car. Boasting 37,676 LED lights, the vehicle is a fan favourite, having …
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Emirates or bust – Israeli entrepreneurs spend productive week in Dubai
They left the splendor of Dubai and after an hour’s fast driving through the vacant expanses, they reached a date plantation of gigantic size. A broad, inviting carpet awaited them at the edge of the …
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MIDEAST STOCKS-Most Gulf markets retreat; Dubai leads declines
Most major Gulf markets traded lower in early trading on Wednesday and are set to break the winning run spurred by the news on the progress in the development of COVID-19 vaccine and subsequent …
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Post-Covid architecture on show at Dubai Design Week
“The Shape of Things to Come,” an exhibition that’s part of Dubai Design Week, is offering a glimpse of the future of architecture, post-pandemic.
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Dubai’s 2021 Calendar of Retail Festivals Set to Boost the City’s Economic and Tourism Sectors
Dubai Festivals and Retail Establishment (DFRE) has announced details of its comprehensive 2021 Retail Calendar, with citywide events, activations and experiences set to fully support the emirate’s …
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Dubai Islamic Bank markets dollar perpetual sukuk – document
Dubai Islamic Bank DISB.DU began marketing on Thursday U.S. dollar-denominated Additional Tier 1 sukuk, or Islamic bonds, at an initial price guidance of around 5.25%, a document from one of the banks …
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Emirates swings to first half-year loss in more than 30 years
Emirates reported a first-half loss for the first time in more than 30 years as the Dubai airline’s revenues slumped about 75 per cent on coronavirus travel restrictions. The government-owned carrier …
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Exclusive: Gold market authority threatens to blacklist UAE and other centres
The world’s most influential gold market authority is threatening to stop bullion from countries including the United Arab Emirates entering the mainstream market if they fail to meet regulatory …
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Dubai’s DAMAC loses $148.3 mln in third quarter
Dubai developer DAMAC Properties on Thursday reported a 544.6 million dirham ($148.3 million) third-quarter loss, warning a recovery from the coronavirus crisis was possibly still some time away.
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Sharjah Tasjeel Village to provide all services related to impounded vehicles
New office in Sharjah to offer public services from 2.30pm to 8pm Sharjah: As part of its constant endeavour to facilitate procedures for customers, the Vehicle Impounded Services Office of the …
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Want To Launch Your Startup In Just A Week? Here’s How You Can Do Just That In Dubai
There is now a wealth of resources out there that have drastically reduced the amount of time required to get started.
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Gold smuggling: Non-bailable warrant against ex-finance head of UAE Consulate
KOCHI: The Additional Chief Judicial Magistrate (Economic Offences) court in Kochi issued Non-Bailable Warrant against Egyptian national and former finance head of UAE Consulate, Thiruvananthapuram, …
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