Man tries to dodge Abu Dhabi Police, arrested

Dubai: Police in Abu Dhabi arrested a man who not only caused an accident and fled the scene, but who also changed his car’s license plate to avoid authorities. Driving away from the scene of a collision is illegal, and according to the UAE’s amended ... ( read original story ...)

Dubai’s Star Business Centre to accept Bitcoin

The Star Business Centre, offering state-of-the-art fully furnished offices for new investors, business people and those international companies seeking suitable ready-made fully furnished plug-and-play workplaces, has announced that it is now ready to ... ( read original story ...)

Dubai Chamber membership hits 217,000

The uptick highlighted growing demand for the service which is designed to facilitate international trade and improve ease of doing business in Dubai. HE Hamad Buamim, President and CEO of Dubai Chamber, explained that the Chamber's international expansion ... ( read original story ...)

Dubai ruler launches first unfenced desert conservation reserve

Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, has launched the Marmoom Reserve project, the first unfenced desert conservation reserve in the country. The reserve spans 10 percent of the emirate of Dubai ... ( read original story ...)

Dubai Islamic Bank Announces Full Year 2017 Financial Results

Dubai Islamic Bank (DFM: DIB), the first Islamic bank in the ... Full Year 2017 Results Highlights Profitability remains on a robust northbound trajectory driven by core business growth and effective cost management Financing continues to drive balance ... ( read original story ...)

Dubai office supply forecast to top 9m sq m by end-2018

Therefore, the majority of upcoming offices are concentrated in established commercial areas such as Tecom, the DIFC, and Business Bay. Future office supply in Dubai is expected reach 9.13 million sq m and 9.28 million sq m at the end of 2018 and 2019 ... ( read original story ...)

Dubai’s Jumeirah appoints Four Seasons VP as new CEO

Dubai hotel company Jumeirah has announced the appointment of former Four Seasons vice president Jose Silva at its new chief executive officer. He previously served as regional vice president for France, Switzerland, Spain and Portugal at Four Seasons and ... ( read original story ...)

Dubai Financial Market launches allocation service

Dubai Financial Market (DFM ... funds and further promote their participation especially that it complies with their way of doing business.” The exchange said it had set comprehensive regulation governing the new mechanism including timeframes of ... ( read original story ...)

Dubai Islamic Bank net profit up 11% on core business growth

Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday recorded 11 per cent growth in net profit in 2017, driven by core business growth and effective cost management. DIB said its net profit crossed Dh4.5 billion while total income exceeded ... ( read original story ...)