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Category: BUSINESS

Posted on 09/03/2021

Dubai’s Majid Al Futtaim posts 7% drop in 2020 revenue due to COVID-19 impact

Businesses began to recover in the second half of 2020 due to easing of restrictions Shoppers at Deira City Centre. Dubai-based mall operator Majid Al Futtaim said its 2020 revenue fell 7 per cent …
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Posted on 09/03/2021

Majid Al Futtaim opens City Centre Al Zahia in Sharjah

Majid Al Futtaim has officially opened City Centre Al Zahia, its newest lifestyle and retail experience in the Northern Emirates. Placing a strong emphasis on learning, connection and the arts, City …
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Posted on 09/03/2021

Dubai SME unveils plans to foster entrepreneurial skills in 2021

Academy turned out an innovative response to the pandemic challenge in 2020, conducted 135 diverse programmes and saw 70% increase in participation compared to 2019 …
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Posted on 09/03/2021

International Women’s Day 2021: The real cost of being a woman in hospitality

It’s time now to stop dancing around the issue, and reveal the real economic impact facing women in hospitality. The UNTWO Regional Report on Women in Tourism in the Middle East, which was created …
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Posted on 09/03/2021

Wael Shawky displays decade of works in Sharjah

In parallel with the seventh annual March Meeting, a public symposium held at the Sharjah Art Foundation as a launching pad for the 12th Sharjah Biennale, Wael Shawky’s solo show opens at the SAF’s Ar …
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Posted on 09/03/2021

Another Place: Susan Hefuna’s major solo exhibit opens in Sharjah

More than 200 artworks, including sculptures, photographs, drawings, video and site specific installations by artist Susan Hefuna, occupy the Sharjah Art Foundation’s historic Beit Al-Serkal …
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Posted on 09/03/2021

New rule issued for Dubai govt accounting systems

Hamdan bin Mohammed issues Resolution on the Executive Regulation of the Financial Regulations of the Government of Dubai …
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Posted on 09/03/2021

Opening of Dubai Festival City Propahtea outlet is next stage to becoming the ‘Starbucks of Tea’, according to owner Tumbi

Speaking at the opening of the Dubai Festival City Propahtea, which is located at … More Propahtea outlets are currently being completed, including Mall of the Emirates and Jumeirah Lake Towers …
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Posted on 08/03/2021

Startupbootcamp FinTech Dubai concludes third cycle by accelerating 11 start-ups

The third cycle of Startupbootcamp FinTech Dubai’s industry focused accelerator programme has successfully concluded during the annual Demo Day, with 11 start-ups pitching ideas to investors, …
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Posted on 08/03/2021

Sharjah Airport’s passenger traffic dropped 69% to 4.2m in 2020

Sharjah Airport handled 4.2 million passengers in 2020 as compared to 13.6 million in the previous year, down by 69 per cent due to the impact of Covid-19 pandemic.More than 33,200 flight movements …
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Posted on 08/03/2021

Saudi Arabia’s ‘Programme HQ’: Can Riyadh rival Dubai as a business hub?

Plans to make access to mega-project contracts conditional on companies establishing regional headquarters in the kingdom are ambitious but ambiguous …
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Posted on 08/03/2021

Dubai’s healthcare sector experiencing aggressive acquisition deals

UAE-based Amanat Holdings PJSC, which invests in healthcare and education, has bought Cambridge Medical and Rehabilitation Center for $232 million. NMC healthcare’s hospital busin …
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Posted on 08/03/2021

Check out these culinary highlights Kempinski Hotel Mall of the Emirates

Sponsored: Immersive theatrics, unique cinema nights and other unique dining experiences at Kempinski Hotel Mall of the Emirates It’s a new culinary season at Kempinski Hotel Mall of the Emirates and …
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Posted on 08/03/2021

Arabtec shares down 4.6% after Q1 loss

Shares in Arabtec today fell by 4.61% after the Dubai-listed contractor reported a $12.63 million loss in the first quarter of 2016,… A tender for works to expand Dubai’s Al Maktoum International …
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Posted on 08/03/2021

Abu Dhabi Green List: Quarantine-free travel from 13 destinations

Abu Dhabi (DCT Abu Dhabi) has issued the updated list of ‘Green List’ destinations.Passengers arriving from these destinations will be exempt from mandatory quarantine measures after landing in Abu …
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Posted on 08/03/2021

UAE- Covid: Sharjah drive against illegal housing expanded to flats in city

The Sharjah Municipality has expanded the scope of its campaign against illegal housing. It now covers residential towers in various areas of the city. During inspections, the civic body detected many …
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Posted on 08/03/2021

UAE Arabian Gulf League: Title race heats up as Bani Yas pick up crucial win, Al Jazira and Sharjah drop points

The race for the UAE Arabian Gulf League title got more intense with Al Jazira drawing with Shabab Al Ahli and Sharjah FC losing to Al Nasr, while Bani Yas picking up three points against Al Ittihad …
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