UAE Mars Mission: Laying the foundation of a space industry

We are currently in the subsystem design phase, which should be completed by the end of the year,” Omran Sharaf, Project Manager of the UAE Mars Mission, told Gulf News during a visit to the Mohammad Bin Rashid Space Centre (MBRSC). The mission is not ... ( read original story ...)

Water released into Dh2b Dubai Canal

Dubai: Dubai Canal is set to open next month with work on the Dh2 billion project moving on schedule, Gulf News can confirm. Water has been released in Dubai Canal for the first time during its three year period of construction as part of a testing process. ( read original story ...)

Emirates NBD ranked 'strongest bank in UAE'

Emirates NBD, a leading bank in the region has been ranked the ‘Strongest Bank in the UAE’ by the prestigious Asian Banker’s ‘AB 500 Strongest Banks in 2016.’ The bank, the largest in the UAE, was rated highly for its sound growth record and its ... ( read original story ...)

Dubai Islamic Bank Q3 net profit down 9.9 per cent

Dubai Islamic Bank, the United Arab Emirates’ largest Sharia-compliant lender, on Monday posted a 9.9 per cent drop in third-quarter net profit, in line with analysts’ forecasts. The bank made Dh876.3 million in the three months to September 30 ... ( read original story ...)

Dubai Islamic Bank 9-month net profit up 7% to Dh3b

Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE by total assets, on Monday reported a Group Net Profit of Dh3.01 billion, up 7 per cent compared with Dh2.8 billion for the same period in 2015. For the third quarter of the year the bank ... ( read original story ...)

UAE Penal Code overhaul to adopt restorative justice

Insulting the UAE, its flag, national logo, leadership or institutions will carry a jail term ranging between 10 and 25 years and a fine of at least Dh500,000. Publishing false news, statements or rumours with a purpose of terrifying the people or harming ... ( read original story ...)

Dubai Tourism approves 1,805 holiday homes

Of those, 39 have been approved, enabling them to enter the market and join the 78 approved holiday home operators already doing business in Dubai. In order to obtain a license, homeowners must ensure their property meets the required quality, and health ... ( read original story ...)

Dubai cyclists to raise funds for breast cancer patients

Dubai: Hundreds of Dubai cyclists will come together to take part in the Dubai Pink Cancer Ride Campaign on Thursday to raise funds for underprivileged patients affected by breast cancer. The 16km ride will begin at 7.30am and will take place along ... ( read original story ...)

Dubai is poised to be the capital for future technologies

Dubai Future Foundation's deal with Autodesk to provide US$100 million financing for entrepreneurs and start-ups in the 3D printing sector is a step in the right direction, said a local daily. "The emirate continues to lead the way in the crucial shift ... ( read original story ...)