Doubts raised as US tech giant launches search for international city in which to carry out tests Doubts have emerged about plans by tech giant Uber to test flying cars during the Dubai's Expo 2020 event after the company launched a search for an international city to launch operations....

Guests allowed to enter for free, pay only for rides and attractions The award-winning Ferrari World Abu Dhabi is bringing back Ramadan Free View, allowing guests to discover what’s beneath the iconic red roof on Yas Island, without the cost of admission. Guests will be able to enter...

Exclusivity and generous unit sizes are a key draw for end-users UAE - Waterfront living has always had a special allure with Dubai developers. In the recent past, this has manifested itself in the form of Dubai Properties' 1/JBR, Meraas' Bluewaters Island and Nikki Beach, Sobha Group's...

Company reported Q1 net profit attributable to shareholders of $17.3mln ** Shares in Dubai-listed construction firm Arabtec ARTC.DU jump 6.9 percent to 1.71 dirhams in early, unusually heavy trade; on Wednesday, stock had hit nine-year low ** Arabtec reported on Thursday Q1 net profit...

Sharjah Airport Authority (SAA) has signed three agreements worth approximately Dh100 million ($27.2 million) related to its ongoing comprehensive expansion project, a media report said. The contracts include the delegation of consultancy services to ADP Ingénierie, a French company that...

Emirates Group announced all employees will receive a five-week bonus following a 67% increase in annual profit Emirates Group announced all its employees would receive a five-week bonus this year, after the airline announced its profits more than doubled in its annual results for 2017-18....

Both output and new work increased sharply last month but at a slower rate than in previous months Dubai's non-oil economic growth slowed in April as employment generation, output and new work improved at a slower pace. The Dubai Economy Tracker Index (DET), released by Emirates NBD,...

Visitor numbers also see an annual increase of 45% UAE - DXB Entertainments (DXBE) has announced that its revenue for the first quarter of 2018 stood at Dh173 million, an increase of 10 per cent compared to the previous quarter. The company also announced that visits reached 851,013, an...

International Trade Secretary, Dr Liam Fox MP, announces support for phase four of DWTC expansion UK Export Finance (UKEF), the UK's export credit agency, is to provide support of more than £100 million ($135.2 million) for the construction of the fourth phase of the Dubai World Trade...

Emirates airline reported a profit of $762m, an increase of 124% over last year's results Emirates Group announced full year profit of $1.1 billion (AED4.1bn) for the financial year ended 31 March 2018, up 67% from last year. The group, which includes airport services company dnata,...