Category: NEWS

Abu Dhabi sovereign fund International Petroleum Investment Co. posted a first-half loss after its shares in UniCredit SpA slumped. IPIC recorded a loss of $91 million compared with a $1.25 billion profit a year earlier, the Abu Dhabi-based company said in …
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Eng. Hussain Nasser Lootah, Director General of Dubai Municipality on Wednesday conducted an inspection tour of the Dubai Frame project to check its work progress. He was briefed that about 85% of the project work has been completed so far. Lootah was …
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Abu Dhabi is considering more mergers to boost its financial services industry after combining National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC, according to four people with knowledge of the matter. The oil-rich emirate is weighing a plan to merge …
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As the global oil price slump takes its toll on Gulf countries, the UAE is boosting its non-oil sectors, now seeking to lure in more than US$70 billion in industrial investment by 2025, according to UAE officials. These investments would increase the …
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Dubai: The legacy of both Shaikh Zayed Bin Sultan Al Nahyan and Shaikh Rashid Bin Saeed Al Maktoum represent the values of tolerance and respect of which the UAE is proud, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime …
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But there are another of different scenarios that would also hand Rosberg the title when the fireworks illuminate the night sky in Abu Dhabi. If Hamilton wins Rosberg needs to be third or better to be champion. If Hamilton is second, Rosberg needs to be …
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Rio De Janeiro, Brazil, 13 November, 2016: The Abu Dhabi Grand Slam in Rio Den Janeiro continued where it left off yesterday, as the UAE National team had another impressive set of performances at the No Gi divisions and won a total of 24 medals in the …
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the Gulf News said. The man drew slogans and symbols on public law promoting the jihadist group as well as “slanderous and degrading phrases about state officials”, it added. The United Arab Emirates is a member of the US-led coalition that has been …
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Qatari and Emirati football associations are in contention for the AFC awards for aspiring and developing football associations in Asian football The AFC announced the full list of nominees for the 2016 annual awards during the ceremony that will be held …
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Some large international stores often have long delivery times to Dubai, so we’re constantly looking for the next local e-commerce store, even if it’s a small boutique. If you’re an avid spender, news that an online shopping platform costing $1 …
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The international football governing body FIFA delegated the responsibility of refereeing the UAE against Iraq encounter to an Uzbek team FIFA delegated the task of officiating the match that will see UAE face Iraq in the World Cup 2018 Asian Qualifiers to …
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Manama, Nov. 14 (BNA): Shura Council Chairman Ali bin Saleh Al Saleh received today the UAE ambassador to Bahrain Abdul Redha Abdullah Al Khouri. He stressed strong and deep-rooted historic relations between Bahrain and the UAE and both countries’ unified …
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DUBAI Nov 14 Gulf General Investment Company (GGICO … It completed a 2.8 billion dirham restructuring in 2012. The news confirms a Sept. 29 Reuters story in which banking sources said that the Sharjah-based company was seeking to restructure part …
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The absolute occupancy level would be the lowest for an October in Dubai since 2011. STR analysts note that demand from the annual Gulf Information Technology Exhibition (GITEX), held 16-20 October, was outweighed by continued supply growth in place for …
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Research and Markets has announced the addition of the “UAE Tire Market Forecast & Opportunities, 2021” report to their offering. The demand for tires in the UAE grew at a CAGR of over 5% through 2021. Increasing construction activities, growing …
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PREMIER Victorian apprentice Dylan Dunn has won a prestigious international race for junior riders in Abu Dhabi. The 21-year-old was invited to compete in the Sheikha Fatima Bint Mubarak Apprentice World Championship final on Sunday after his standout …
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according to UAE News Agency (WAM). The governor’s secretary for relief and reconstruction in Hadramaut Dr. Riad Al Jariri thanked the UAE for reviving the healthcare sector and restoring infrastructure in the governorate, WAM reported. I.Y BNA 0614 GMT …
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