Dubai Investments reports a dip in first-quarter net profit

Dubai: There was a marginal drop in net profits for Dubai Investments in the first three months — at Dh289 million — compared with the Dh298 million a year ago. Total income for the period also dropped, to Dh697 million from Dh715 million in the first ... ( read original story ...)

Mega sale in Dubai, get up to 90% discount

... is pulling out all the stops for the new retail event with the support of Dubai's retailers to ensure that shoppers enjoy a rewarding experience across diverse business segments from apparel to electronics, jewellery to fashion accessories, homeware ... ( read original story ...)

Emaar, DPG to install Dubai Lamp in upcoming projects

Dubai Municipality has signed agreements with two major real estate developers Emaar and Dubai Properties Group (DPG) to boost co-operation in the field of energy conservation, said a report. As per the MoUs, the duo will install the energy-efficient LED ... ( read original story ...)

Rixos Premium Dubai opening next week

The Rixos Premium Dubai – Rixos’ second property in the city and third in the UAE – will open its doors on Jumeirah Beach Residence on May 15. The 443-room resort features a Nature Land Spa and Turkish Hammam (male and female), adults/kids pool ... ( read original story ...)

Dubai gold drop continues, 24k priced at Dh149.25

Dubai gold was priced at Dh149.25 for 24k, a slight drop from last week. 22k gold is priced at Dh140 in the city. Spot gold rose 0.3 percent to $1,230.88 per ounce as of 0401 GMT, after touching 1,224.86 earlier in the session, its lowest since March 17. ( read original story ...)