Dubai CommerCity (DCC) has launched 470,000sqft of new facilities as part of the first stage of its planned schedule. The phase includes a built-up area of over 320,000sqft of office spaces in the …
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KSA and UAE say loss of travel has adversely affected business performance
Saudi Arabia and the United Arab Emirates have found that the loss of travel has adversely affected business performance, according to new research by Collinson. More than four fifths of business …
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Dubai’s Courts of Space launches international working group
Courts and the Dubai Future Foundation (DFF) announced the formation of an international Working Group tasked with exploring space-related legal innovations and providing an outlook on potential …
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Why Dubai is the ‘best place to be’ for design
Level Shoes sees “exponential growth” of local designers, eyes first expansion out of Dubai into Saudi by year-end …
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Abu Dhabi’s TAQA gives initial guidance for dollar bonds – document
It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion …
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UAE’s Emirates Islamic Bank post 37% rise in Q1 net profit
UAE-based lender Emirates Islamic Bank has posted a Q1 2021 net profit of Dhs212m, up 37 per cent year-on-year from the corresponding period last year, due to lower costs and lower impairment …
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Pakistan gets US$ 2 billion roll-over from UAE
Pronouncing the United Arab Emirates’ (UAE) decision to roll-over the US$ 2 billion deposit by the Abu Dhabi Fund, the UAE Foreign Minister His Highness Sheikh Abdullah bin Zayed Al Nahyan has …
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Qureshi, UAE FM agree to strengthen cooperation in diverse areas
Foreign Minister Shah Mahmood Qureshi and foreign Minister of United Arab Emirates Sheikh Abdullah bin Zayed Al Nahyan have reaffirmed their desire to further strengthen cordial relations between …
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Paskistan, UAE agree to strengthen trade relations
Paskistan and United Arab Emrites have agreed to exchange business delegations to promote bilateral trade and economic cooperation in different fields. The agreement was reached in a meeting between …
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Dubai apartment rents down 18.4% in the first quarter of 2021
Housing costs in Dubai continued their downtrend in the first three months of the year, with overall residential rents falling by an average of 11 percent compared to last year, data from real estate …
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Dubai CommerCity launches 1st phase of new facilities
Dubai CommerCity (DCC), the first dedicated e-commerce free zone in the Middle East, North Africa and South Asia (Menasa) regions, has launched 470,000 sq ft of new facilities as part of its first …
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10 African Nations to Benefit from Mohammed bin Rashid Al Maktoum, Ruler of Dubai, 100 Million Meals Ramadan Campaign
African Nations to Benefit from Mohammed bin Rashid Al Maktoum, Ruler of Dubai, 100 Million Meals Ramadan Campaign.
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UAE’s blockchain-powered platform to curb financial crime goes live
The UAE has unveiled a trade finance platform powered by blockchain technology in partnership with Etisalat and seven local banks.
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Mastercard Rolls Out Track B2B Payments In UAE With HSBC
Mastercard is collaborating with HSBC to provide HSBC’s business clients in the UAE with a bolstered business-to-business (B2B) payment experience.
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Mystery shrouds abduction attempt on Sharjah returnee
KOCHI: Mystery shrouds the incident in which a passenger who landed at the Kochi airport from Sharjah was kidnapped by a gang on Sunday noon even as the police suspect the hands of a gold smuggling …
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Dubai’s external foodstuff trade reaches Dhs52 billion in 2020
The UAE showed an outstanding performance in securing food during the COVID-19 pandemic with Dubai external foodstuff trade reaching Dhs52 billion in 2020, according to Dubai Customs.
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Dubai-Sharjah traffic has eased since Covid-19 pandemic, studies find
The traffic on roads between Dubai and Sharjah, which used to be bumper to bumper, have eased significantly since the Covid-19 pandemic struck the UAE, traffic and roads safety experts told Khaleej …
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