Marka, which operates 47 hospitality, fashion and beauty and sports outlets across the region, raised $75m in an IPO on the Dubai Financial Market in 2014. However, the company is yet to turn profitable, and posted a net loss of Dhs150m in 2016 …
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Dubai Font extends imprint across the city
Dubai: Giant letters highlighting the ‘Dubai Font’ initiative have been put up across the city with the objective of encouraging reading, writing and self-expression. This unique initiative serves as a reminder of the core values that characterisee the …
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Abu Dhabi’s Bloom Properties awards main contract for Soho Square
Bloom Properties, the real estate arm of Abu Dhabi-based Bloom Holding, announced on Sunday it has awarded the main construction contract for its Soho Square development on Saadiyat in Abu Dhabi to Emirates Link Maltauro. The developer said in a statement …
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UAE- Gender diversity is key for success of business
(MENAFN – Khaleej Times) Gender equality in the #UAE workplace has reached the same level as compared to women who work in Western countries No other topic has been debated in such great detail as that of men versus women. Numerous books have been printed …
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UAE slashes petrol prices for June
Motorists across the UAE will be happy to hear that they will be paying a little less to fill up the tanks of their vehicles in June, as the fuel prices drop in response to an international agreement by producers to extend the oil output cut. Unleaded 98 …
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UAE leads Mena region in global talent competitiveness ranking
Dubai: The UAE is ranked top in the region in global talent competitiveness ranking. With a global ranking of 19, the country has an index score of 62.49, the highest in the Middle East and North Africa (Mena) region. INSEAD Business School, Google and the …
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UAE surveys reward expats with free air tickets, hotel stay
Dubai: The next time you are asked to participate in a survey, it might be a good idea not to ignore it, because chances are that you might end up getting a prize – either a free ticket, a hotel stay or a dinner for two. A recent government office in the …
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Dubai Culture collaborate with Dubai Specialist Dental Centre
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts and heritage, has collaborated with Dubai Specialist Dental Centre by provide artworks for the newly opened Dental centre in alignment with the Authority’s …
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MoF organises workshops on practical applications of the federal decree no. (9) of 2016 concerning bankruptcy
The Ministry of Finance (MoF), in collaboration with Dubai Courts, recently organised a workshop on the practical applications of the Federal Decree No. (9) of 2016 concerning bankruptcy. The workshop came as part of a series organised by the Ministry to …
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Financial sustainability imperative to supporting Awqafs
Ultimately, financial sustainability is imperative for Awqafs … Managing Awqaf sustainably In the UAE, a ‘General Waqf Authority’ for Islamic Affairs and Endowments, has been set up by government and regulators, to coordinate and streamline the …
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Barakah nuclear plant gets critical components
Dubai: The firm in charge of the UAE’s first nuclear power plant has taken delivery of vital parts that will power the reactor. On Saturday, the federal-owned Emirates Nuclear Energy Corporation (Enec) announced that it had received fuel assemblies …
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80-year-old Indian grandma in UAE knits her way into world records
When she heard about the participation of Indian women in the UAE, Sitabai did not think twice. “I used to crochet when I was young. So I wanted to participate in this great initiative,” she told Gulf News. “Age should not restrict you from doing …
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Pay Dubai traffic fines at these metro, petrol stations
Dubai: Looking for a quick and easy way to pay your traffic fines? With this new initiative launched by Dubai Police, you can now pay them at the convenient store. On Sunday, Dubai Police announced that it installed the Wall Street Exchange fine collection …
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3M Healthcare sponsors the Spanish Soccer School in support of UAE youth sport
3M Healthcare Business today announced that it is sponsoring the Spanish Soccer School, where Michel Salgado, the former Real Madrid player, is director. In doing so, the corporation continues to support the UAE youth by encouraging sports involvement and …
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Dubai Museums gets new managing director
Dubai Culture & Arts Authority has appointed Muna Faisal Al Gurg as the managing director of the recently established Dubai Museums Company, which is mandated with managing, overseeing and developing the emirate’s museum sector. The emirate’s dedicated …
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Aldar Properties : hired to build new $272m Abu Dhabi media free zone
twofour54, Abu Dhabi`s media and entertainment free zone, has appointed Aldar Properties to be the developer of its new, permanent home which will be situated on Yas Island. The first phase of the new free zone is valued at about AED1 billion ($272 million …
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UAE rightly prioritises solar power solutions
The announcement last week of the world’s largest solar power plant to be built in Abu Dhabi underscores once again the UAE’s unshakeable commitment to ushering in the era of renewables at the earliest. This urgency and purposefulness must be welcomed …
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