We have since worked with brands big and small as well as playing a part in the UN Women’s Empowerment Taskforce in the UAE, and this is just the start of our plans for Hopscotch’s expansion and digitisation.” With the new research from Hopscotch and …
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Ajman Bank :’s profit surges 31% in Q1
Dubai – Mubasher: Ajman Bank has reported a 31% increase in net profit during the first quarter of 2018. The bank’s net profit registered AED 34.02 million ($9.26 million) in Q1-18 versus AED 26 million in the year-ago period, according to an official …
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Abu Dhabi’s Adnoc Is in Talks With Baker Hughes About Drilling Partnership
Baker Hughes, a GE Co., is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter.
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Revealed: The most dangerous day to drive in UAE
Dubai: Regardless of whether residents fast during Ramadan or not, motorists should always drive with caution and adhere to traffic rules at all times. A new survey released on Monday identified the driving habits of UAE drivers during Ramadan, and …
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Dubai tops Arab world in economic performance, study finds
The Dubai Competiveness 2018 report compared the emirates with 63 economies around the world based on 346 different competitiveness indicators. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai …
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Hundreds stuck in UAE traffic as dusty weather continues; flights back to normal
Dubai: Hundreds of commuters and motorists were stuck in major traffic jams during the morning rush hours on Monday as the UAE’s dusty weather continued, but flights operating in and out of Dubai have returned to normal. Residents experienced some …
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Yemen, UAE reportedly reach deal over island
to withdraw the UAE forces from the strategic Socotra Island, according to Yemen’s official Saba news agency. Tensions have mounted between Yemen and the UAE in recent days, when the latter sent a military force to Socotra without prior coordination with …
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UAE’s Dana Gas agrees with creditors on $700 mln sukuk restructuring
DUBAI: Energy producer Dana Gas reached agreement with creditors … Its shares jumped 4.8 percent in early trade on Sunday in response to news of the deal, which it said could cut its debt by up to $385 million.
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US and UAE sign agreement to resolve Emirates, Etihad subsidy claims
The United States and United Arab Emirates signed a deal on Friday to resolve US claims that Gulf carriers have received unfair government subsidies, the US State Department said. The voluntary agreement, which applies to Etihad and Emirates airline …
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Expo 2020 Dubai spending to drive growth in Dubai economy, says IMF
In the long term, Tamirisa said that VAT is expected to raise revenues by 1.5 percent of GDP. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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United Arab Emirates shares mixed at close of trade; DFM General up 0.36%
Investing.com – United Arab Emirates equities were mixed at the close on Sunday, as gains in the Services, Finance & Investment and Transport sectors propelled shares higher while losses in the Consumer Staples, Real Estate & Construction and Telecoms …
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Dubai Waterfront Projects Attract Strong Buyer Interest
In the recent past, this has manifested itself in the form of Dubai Properties’ 1/JBR, Meraas’ Bluewaters Island and Nikki Beach, Sobha Group’s District One and Hartland in MBR City, and the most recent Tilal Al Ghaf announced by the Majid Al Futtaim …
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UAE seeks India’s help in frontier technology: Pradhan
Dubai [UAE] May 13 (ANI): Union Petroleum and Natural Gas Minister Dharmendra Pradhan has said that the United Arab Emirates (UAE) has sought India’s help in the Frontier Technology. Pradhan informed this after meeting with UAE Minister for Minister of …
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Abu Dhabi Jumps Into Middle East Oil-Refining Rush
Abu Dhabi’s national oil company said Sunday it would spend $45 billion over the next five years to join other giant, state-run petroleum giants, like Saudi Aramco, in refining much of their own crude instead of just exporting it. ADNOC, as the company …
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Abu Dhabi’s Eshraq Properties swings to Q1 profit
Eshraq Properties (Eshraq), an Abu Dhabi-based real estate company, has achieved a net profit of Dh7.75 million ($2.2 million) for the first quarter compared to a net loss of Dh950,000 ($258600) for the same period last year. The real estate company listed …
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Dubai’s Mall of the Emirates car park gets solar retrofit
RELATED ARTICLES: Mall of the Emirates opens Tesla charging stations | France’s Switch Made retrofits Dubai Mall façade lighting | DEWA to install solar panels for free for UAE nationals in Hatta More than 7,000 solar panels have been installed at the …
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Abu Dhabi’s Adnoc Looks to India Amid $45 Billion Refining Push
Abu Dhabi National Oil Co. is looking into acquiring a stake in an Indian refinery as it plans to invest $45 billion at home to expand its Ruwais refining and petrochemicals complex. The government energy producer known as Adnoc is considering, among other …
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