Firefighters at Sharjah Civil Defence managed to contain a fire, that gutted four fishing ships anchored at the Sharjah Creek. The incident took place on Monday morning and no cas …
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Sharjah’s Invest Bank to tap reserves to offset Dh.2.2b accumulated losses
Sharjah’s Invest Bank will dip into its reserves to offset the Dh2.2 billion in accumulated losses sustained by it. It is picking up Dh450.68 million each from the “special” and “legal” reserves, and …
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Abu Dhabi Police issue fresh warning against rumours
Police have issued a fresh warning against the spread of rumours on social media, urging residents to stop such types of unwarranted behaviour. Abu Dhabi Police highlighted that a number of messages …
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UAE- Combating coronavirus: Sharjah government employees can take leave with full pay to volunteer in essential sectors
Government employees of Sharjah can now apply for special leave and also receive full pay if they are volunteering to support the essential sectors during crises. The directive was approved by the …
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Slow moving traffic on Sharjah-Dubai roads; police issue fog warning
Slow moving traffic and long tailbacks were reported on Sharjah-Dubai roads on Monday as employees return to office after coronavirus movement restrictions were lifted recently. According to Google …
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Sharjah Chamber, Adex discuss ways to boost UAE exports
It also highlighted the Dh550 million allocated by Adex in 2020 to help finance the export contracts of the UAE companies and how to make use of the financial solutions and servic …
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More Than 50,000 E-Transactions Conducted Per Month By Dubai Chamber Between March And May 2020
Dubai Chamber has processed a total of 152,059 electronic transaction between March and May of this year, at a rate of 50,000 transactions per month.
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Abu Dhabi: Dh200 million to be refunded to restaurants, tourism and entertainment facilities
The refund of Dh200 million constitutes 20% of rental value of commercial properties UAE bank: Abu Dhabi resident asks, ‘Where are my remaining loyalty reward points?’ Abu Dhabi: Around 8,000 tourism, …
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RAK Properties’ profit jumps threefold on the back of higher operating income
RAK Properties reported a more than threefold increase in net profit for the first quarter on the back of higher net operating income and lower finance costs. Net profit for the three months ending …
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All you need to know about Yas Island ahead of UFC 251 in Abu Dhabi
In the deepest darkest recesses of the coronavirus lockdown, ‘Fight Island’ seemed like a compelling pipe dream. But the grand contingency plan is becoming a reality.
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Construction, project deliveries in full swing despite COVID-19
The UAE’s property sector is in fine fettle and is marching ahead despite the COVID-19 challenges. The country’s real estate investors and developers have lauded the UAE government’s smart initiatives …
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Abu Dhabi encourages tourism, entertainment and F&B outlets to stay in business with rent rebates
Some 8,000 businesses with collective rent valued at Dh1bn qualify for 20 per cent rent relief amid Covid-19 crisis …
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Reopening responsibly: Sharjah sets up 13 sterilisation gates at municipality as some employees return to work
Thirteen sterilisation gates, along with thermal cameras, have been put up at Sharjah Municipality as it started welcoming back some of its employees on Sunday. Thirty per cent of the municipality’s …
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Dubai health workers get Dh100 gift cards, free movie tickets at these malls
Paying tribute to Dubai’s heroes on the frontlines of Covid-19 battle, a mall operator is giving health workers Dh100 gift cards, special discounts, free movie tickets, and more. With its …
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Accor unveils staycation, dining offers at UAE hotels
Accor, a world-leading augmented hospitality group, has announced half-price staycation and dining offers at more than 50 hotels and resorts across the UAE, exclusive to members of its new lifestyle …
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Combating coronavirus: Sharjah government employees can take leave with full pay to volunteer in essential sectors
Government employees of Sharjah can now apply for special leave and also receive full pay if they are volunteering to support the essential sectors during crises. The directive was approved by the …
( read original story …)
RAK Properties’ profit jumps three-fold on the back of higher operating income
RAK Properties reported a more than three-fold increase in net profit for the first quarter on the back of higher net operating income and lower finance costs despite a drop in revenue. Net profit for …
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