Dubai’s Deyaar reports 22.5% increase in Q3 profit

Dubai property developer Deyaar has announced a 22.5 per cent increase in net profit in Q3 following a significant rise in revenues. Net profit for the three-month period totaled Dhs56.4m ($15.4m) and Dhs168m for the first nine months of the year. This ... ( read original story ...)

Water released in 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, Moet & Chandon open business class 'champagne lounge'

Emirates' upgraded business class lounge at Dubai International Airport's Concourse B now looks like an even better place to spend a few hours between flights. The airline colossus has partnered with Moët & Chandon to open a champagne lounge serving four ... ( read original story ...)

Dubai Police hold first happiness forum

Dubai: A poll conducted in coordination with research firm Gallup in Dubai showed that 81 per cent of the respondents feel at ease, compared to the international standard of 71 per cent. The figures were part of a presentation by Abdullah Al Shaibani ... ( read original story ...)

Dubai to have region’s first design university

Dubai: The UAE on Monday announced the region’s first formal design university in the region with a world-class curriculum to be jointly developed by two international leading design universities, the Massachusetts Institute of Technology (MIT) and New ... ( read original story ...)

Dubai expected to have 5G internet soon!

But soon, that annoying buffering wheel could be a thing of the past. Du has teamed up with the University of Dubai to collaborate on 5G and the Internet of Things (IoT), in line with Dubai’s next generation 2020 5G evolution. The telecom operator will ... ( read original story ...)

Emirates renovates business class lounge for $11 million

Emirates has completed a makeover of its business class lounge at concourse B of Dubai International Airport. The $11 million refurbishment project took two years to complete. Emirates has introduced three concept areas within the Emirates business class ... ( read original story ...)

UAE raises clean energy target to 27% by 2021

Abu Dhabi: The UAE has decided to raise its clean energy target from 24 per cent to 27 per cent by 2021 as part of its commitment to global efforts to fight climate change, a senior official told Gulf News on Sunday. Dr Thani Ahmad Al Zeyoudi, Minister of ... ( read original story ...)

Why finance is key to securing a low-carbon future

As renewable energy costs fall, the UAE government is taking note. Policy is pivoting. Investment flowing. The agenda set. At HSBC, we look forward to actively participating in the UN-convened Global Roundtable on sustainable finance hosted by the UAE this ... ( read original story ...)

UAE woman pioneer, mother and sister laid to rest

UAE Businesswomen Council mourns Bin Karam’s death The UAE Businesswomen Council mourned the death of Bin Karam, whom they described as a "role model of a working citizen". “During her service, Ameera contributed to empowering and strengthening the ... ( read original story ...)