Consolidated loss stems from application of hyperinflation effect on Lebanese subsidiary Dubai: Bank of Sharjah Group reported a consolidated net loss of Dh666 million for 2020 after making …
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UAE: 3 ways how women-led businesses financially survived COVID-19
UAE: I’m 40 years old and have saved no money. How can I retire at 65? Dubai: By launching alternative revenue streams, evaluating finances to manage cash flow, injecting personal funds into their …
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Dubai Investments report net profits of Dh123.8m in first quarter
Dubai: Total income increased to Dh637.6 million compared to Dh464.8 million in the first quarter of 2020, on the back of strong performances led by the manufacturing, services and investments …
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Dubai Customs Confirms Keenness To Boost Cooperation With Federal Government To Develop Foreign Trade
His Excellency Dr. Thani Ahmed Al Zeyoudi, Minister of State for Foreign Trade visited Dubai Customs to learn more about their latest projects and initi …
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Dubai-based start-up Black and Blanc aiming for ambitious growth
Brand specialises in prestigious flower arrangements, which are inspired by the passion for floristry, interior design and well-known French fashion houses …
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Abu Dhabi’s TAQA completes $1.5bln 7-year and 30-year dual-tranche bond offering
The 30-year tranche is Taqa’s first Formosa issuance dual-listed in Taipei and London to tap into Taiwanese demand …
UAE economy shrank 6.1% last year amid COVID-19 crisis -preliminary data
The United Arab Emirates’ economy shrank 6.1% last year, the country’s statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors. “The country’s …
UAE reports 1,847 new COVID-19 cases and two deaths in 24 hours
The United Arab Emirates has reported 1,847 new COVID-19 cases and two virus-related deaths in the last 24 hours, according to the Ministry of Health and …
Suppliers of oxygen concentrators in the UAE run out of stock following huge demand by Indian expats
Dubai: Following the Indian government’s green signal for the import of oxygen concentrators, there has been a mad rush among Indian expatriates to send this unique oxygen filtering device to their …
NutsArabia: The fastest growing nuts business in the UAE that’s digital
Dubai: The Dubai based brand, NutsArabia.com, is now the fastest growing online platform in the country, accompanied by the tagline ‘Nothing Like Us, in Arabia,’ has acquired consumers and corporates …
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Dubai realty sector attracts new investors despite Covid-19 challenges
The widespread vaccination centres helped the economy to recover at a faster pace The Dubai realty sector is on solid growth track and is attracting more investors amid robust investing environment …
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Bonds deepen between UAE and India as pandemic continues
When the United Arab Emirates suspended flights from India, members of the UAE’s largest foreign population were stranded in their homeland. The UAE’s government and private initiatives are increasing …
UAE’s Transguard Group posts 86.2% dip in profit for FY20/21
Dubai’s Transguard Group has reported a profit of Dhs32.1m for the financial year 2020/2021, dipping 86.25 per cent from Dhs233.5m recorded during a year earlier period. The company posted revenue of …
Ailing grandfather detained in Dubai for son’s ‘bounced cheques’, desperate for help
April 2021
60 year old Londoner, Albert Douglas, made a brave attempt to cross to Oman after losing faith in Dubai’s justice system. He had stayed in the glitzy city, thinking an …
Dubai is a viable alternative to many European cities: Report
Dubai is being considered a viable alternative to many European cities due to its successful handling of the Covid-19 pandemic, according to global property consultant Savills. Du …
Dubai Police rescue cash-strapped tourist living in a tent, flies her back home after medical treatment
Dubai: Dubai Police have helped a tourist who ran out of cash and remained stuck inside a tent in a desert off Dubai. The 33-year-old tourist was spotted by the police patrol in Al Faqa’ area on the …
Smart Dubai And Mohammed Bin Rashid University Of Medicine And Health Sciences Develop A Novel Covid-19 Epidemiological Model
Smart Dubai and the Mohammed Bin Rashid University of Medicine and Health Sciences (MBRU) developed a novel epidemiological model to predict COVID-19 sp …