The Latest: Dubai high-rise fire began from clothing

Firefighters say a blaze on a Dubai skyscraper began from clothing left on a balcony. Capt. Amer Abdulwahab al-Qahtani of the Dubai Civil Defence told The Associated Press that Sunday’s blaze at the Tiger Tower began on the 53rd floor. He says ... ( read original story ...)

New phase of FAB brand roll-out begins

First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest financial institutions, has confirmed that the next phase of its brand roll-out will be launched during the second half of the year. During the coming months, the bank ... ( read original story ...)

Aramex announces resignation of board member

The company revealed this in a statement posted on the Dubai Financial Market’s website. Aramex’s second-quarter net profit to June 2017 grew by 4 per cent to Dh1.15 billion, compared to Dh1.1 billion in the same period last year. Net profits in the ... ( read original story ...)

Be cautious of public WiFi scams, says Dubai Police

Dubai Police has issued a warning about the dangers of using ... "Cyber criminals will use every opportunity to infiltrate networks in order to gather personal and financial details. Quickly they can extract this information." Cybercriminals use this ... ( read original story ...)

Saudi and UAE bourses flat, Qatar stocks fall

Stock markets in Saudi Arabia and Dubai were flat on Sunday after a mixed group of Saudi ... citing a decrease in residential sales and higher financial charges. Al Andalus Property edged down 0.5 per cent. It reported second-quarter net profit of 27.6 ... ( read original story ...)

Protests outside UAE Embassy over terror funding allegations

... reported that some Gulf countries were used to receive funds from banks in Pakistan and UAE owned by the UAE royal family to allegedly finance terror strikes in the U.S. in 2001 and Mumbai in 2008. Banks like the Dubai Islamic Bank in UAE, and the ... ( read original story ...)

Indian man wins dirham 5 million in UAE draw

Dubai, Aug 6 (PTI) An Indian man in the UAE today hit a jackpot ... better time for Thokachichu as he had been struggling to pay back his loans and was facing financial hardships. The Indian based in Ras Al Khaimah had been buying tickets for the draw ... ( read original story ...)

Housing in Abu Dhabi to cost only Dhs700 a month!

Housing units for low income earners will be introduced in Abu Dhabi, authorities announced on Saturday. With rents as low as Dhs700, the housing units aim to solve the problem of congested houses for bachelors and to prevent illegal partitions in villas. ( read original story ...)

What are a tenant’s rights after a residential fire?

In the UAE, the responsibilities of the property owner and the property developer are mostly poorly understood, and the tenants expect to be covered by the insurance policy held by either the property owner or of the property developer. Generally ... ( read original story ...)

Looking for a job in UAE? Here’s the salary guide

Starting salaries for professional roles in finance and accounting, financial services, technology and administration in the UAE will grow by 2.5 per cent over the next year, according to the Robert Half 2017 Salary Guide. The guide is the most ... ( read original story ...)