UAE-based Udrive, the app-based pay-per-minute car rental service, has announced a $5 million Series B round of funding. Founded in 2017, the start-up said it has undergone one previous round of …
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MoF Holds Workshop to Explain Bankruptcy Law and Financial Restructuring Procedure
To ensure the optimal application of federal laws and to strengthen the commitment of national institutions to international best practices, the Financial Restructuring Committee organised a workshop …
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UAE’s Gulf Capital secures $136m financing, eyes new deals
Abu Dhabi-based Gulf Capital has announced that it has successfully closed a new long-term AED500 million ($136 million) syndicated revolving credit facility. The alternative asset management firm …
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Dubai Investments profit declines despite gains last year
Dubai Investments said in a filing to the Dubai Financial Market, where its shares are traded, on Sunday. Profit for the first quarter of 2018 included a gain of Dh333m attributed to the acquisition …
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Dubai Financial Market : Investments generates AED 202m profit in Q1
Dubai – Mubasher: Dubai Investments Company (DIC) reported a 44% year-on-year drop in its profits for the first quarter of 2019. Net profits amounted to AED 202 million in Q1-19, compared to AED 361.9 …
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Dubai Silicon Oasis receives international media delegation
Dubai: Dubai Silicon Oasis Authority (DSOA), the regulatory body for Dubai Silicon Oasis (DSO), an integrated free zone technology park, welcomed a delegation of journalists from international media …
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du invites UAE residents to visit stores in Dubai & Abu Dhabi to experience 5G technology
Dubai, UAE: du, from Emirates Integrated Telecommunications Company (EITC), is inviting UAE residents to visit its flagship stores in Dubai and Abu Dhabi, starting May 8, to experience 5G technology …
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Indian national hits jackpot in raffle draw in Abu Dhabi, wins $4 million
An Indian national in UAE on Friday hit a jackpot by winning a whopping dirham 15 million ($4 million) in a raffle draw in Abu Dhabi. The man named Shojith KS, who lives in Sharjah, won at the Abu …
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Smart Dubai to get employee flight discounts under Emirates agreement
Emirates Airline recently signed agreeemnt with Smart Dubai to offer special flight discounts to Smart Dubai employees. Reportedly, Emirates will also support Smart Dubai with its travel requirements …
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Wages Protection System, and what UAE law says about salary delays
An initiative was launched by the UAE’s Ministry of Human Resources and Emiratisation (Mohre) and National Bonds Corporation that encourages labourers to make savings through the Wages Protection …
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Dubai opens first smart floating marine transport station
has annnounced the opening of a smart floating marine transport station at Dubai Festival City. The facility, which has been fitted with free WiFi service and other journey planning devices and can …
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Video: Dubai opens UAE’s first floating marine transport station
“The RTA plan envisages the construction of seven new marine transport stations at the Business Bay, Dubai Water Canal and coastal areas over the next couple of years, which will bring the total …
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Dubai is now home to the UAE’s first floating station
Free WiFi is also available at the station – so there’s no need to miss out on your daily news. The station is the first of several planned new marine stations in locations including Business Bay, …
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Here’s seven reasons to visit the sun-soaked city Dubai and lap up the luxury
From desert adventures and gastronomic feasts to colourful spice markets, here’s how to see a side of Dubai you won’t find on Coleen Rooney’s Instagram. Gold Souk sells everything from gold jewellery …
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Lucky Indian subscriber wins Dh1 million flat in Gulf News campaign
Bobby Varghese with his wife Rosna and children at their new apartment in Damac Tenora, Dubai. Image Credit: Antonin Kélian Kallouche/Gulf News Dubai: Bobby Varghese asked his newspaper delivery …
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Sharjah Police launch Ramadan drive
In its keenness to maintain security and safety, and boost (reinforce) the positive behaviour of various segments of society, the Community Police Department of the Sharjah Police, in cooperation with …
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UAE rejects Qatar’s accusation of ‘racial discrimination’
a statement by the UAE declared on the state run news agency. Both sides presented their arguments to a special session of the Committee on the Elimination of All Forms of Racial Discrimination (CERD) …
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