MIDEAST STOCKS-Profits at Dubai real estate firms drop

DUBAI, Oct 18 (Reuters) - Shares in Dubai real estate developers may be in focus on Wednesday after two firms reported lower third-quarter earnings, reflecting continued pressure on the Dubai property market. Dubai’s DAMAC Properties posted a 20 percent ... ( read original story ...)

Dubai’s Damac Properties Q3 profit falls 20%

Dubai’s Damac Properties, the owner and operator of the only Trump-branded golf club in the Middle East, reported a third consecutive profit decline on Wednesday as costs of sales rose. The developer’s profit fell 20 per cent in the July-September ... ( read original story ...)

Dubai’s Damac records $626m nine-month net profit

RELATED ARTICLES: Damac Properties sells out Phase 1 of Just Cavalli villas | Construction of Damac's Dubai South hotel 90% complete | Damac Properties nears $1bn mark with 2017 contract awards Dubai's Damac Properties announced net profit worth $626m ... ( read original story ...)

Abu Dhabi Inks FinTech Development Pact with Mastercard

Abu Dhabi’s international financial center has entered a collaboration with payments giant Mastercard to develop and accelerate FinTech solutions in the region. The Abu Dhabi Global Market (ADGM), an international financial center established by a UAE ... ( read original story ...)

Dubai Police To Add Hoverbikes To Its Fleet

For the petrolhead, it has to be the exotic car fleet with the Dubai police that has kept the city in the news time and again. Now, going a step further, or higher should I say, Dubai Police has announced that it will be adding Hoverbikes to its fleet ... ( read original story ...)

Sharjah Police announces traffic fine discount

Sharjah: Sharjah Police on Wednesday announced that it is reducing traffic fines by 50 per cent. All black points will also be cancelled, the police announced. The discounts and cancellations will take effect from October 19 until December 31. In July, the ... ( read original story ...)

Literary personalities to attend Sharjah Book Fair

Sharjah: A number of international literary personalities will be participating in the 36th edition of the Sharjah International Book Fair (SIBF 2017), which will take place from November 1-11 at Expo Centre Sharjah. Organised by Sharjah Book Authority ... ( read original story ...)

Louvre Abu Dhabi Signs Partnership With Etihad Airways

Louvre Abu Dhabi today signed the first exclusive platinum partnership with Etihad Airways, at the museum’s dome. As a Platinum partner, Etihad will work closely with Louvre Abu Dhabi on areas of brand partnership, marketing, social media, public and ... ( read original story ...)

24 inbound flights delayed in Abu Dhabi in thick fog

Dubai: Another foggy day greeted UAE residents on Wednesday, with weathermen reporting of Abu Dhabi airport being affected by the pre-dawn mist. Thick fog caused 12 delayed inbound flight delays in Abu Dhabi during the 3am to 6am period and another 12 ... ( read original story ...)

Utico unveils innovative $100m rooftop solar programme

In a statement, Utico said the innovative scheme will help revolutionise the home rooftop solar power generation market which has been picking up in Dubai following the launch of the landmark Shams Dubai solar programme of Dubai Electricity and Water ... ( read original story ...)