Al Tayer reviews construction work at Phase 3 of MBR Solar Park

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), conducted a field visit to the Mohammed bin Rashid Al Maktoum Solar Park. The solar park projects and its various phases aim to achieve the targets of the Dubai Clean ... ( read original story ...)

Adnoc hires banks for fuel retailer IPO: sources

ABU DHABI/DUBAI (Reuters) - Abu Dhabi National Oil Company (Adnoc ... First Abu Dhabi Bank, HSBC, Bank of America Merrill Lynch and Citigroup have been mandated for the IPO, sources familiar with the matter told Reuters. The sources declined to be named ... ( read original story ...)

Gulf business counts cost of Arab states’ Qatar embargo

For Mohammed Saleh, who runs a business that distributes building materials across the region, the crisis left an important Qatar-bound cargo stranded at Dubai’s Jebel Ali port. He had to take out a loan to pay his supplier, losing £30,000 in the process. ( read original story ...)

Booze and bulls***: The dark side of Dubai

A question I asked myself in 2015, as I was making the big move to Dubai. The Dubai I was moving to was the Dubai I had seen in Gigi Hadid’s holiday Instagrams, home to the tallest, the biggest and the brightest. In real life, Dubai is like an unreliable ... ( read original story ...

Leading Dubai banks post strong set of first-half results

Dubai: Leading Dubai banks such as Emirates NBD (ENBD), Emirates Islamic (EI) and Dubai Islamic Bank (DIB) posted their first-half results on Wednesday, reporting strong operating performances supported by declines in costs, lower provisions and improved ... ( read original story ...)

Good news for Sharjah pedestrians

Sharjah: The much-needed pedestrian bridges are slowly taking shape in several parts of Sharjah. Last year, the Sharjah Roads and Transport Authority announced construction of five pedestrian bridges, including two on Ittihad Road and one each on King ... ( read original story ...)