Construction of three residential towers at the Al Habtoor City in Dubai, UAE, is on track with more than 70 per cent of the project completed, Khalaf Ahmad Al Habtoor, founding chairman of the Al Habtoor Group, has confirmed. The three luxurious residential towers – Noora, Amna and Meera –...

UAE's Etihad Airways recorded a net loss of $1.87 billion in 2016 as one-off impairment charges and fuel hedging losses weighed against a solid performance of the core airline. It posted a total revenue of $8.36 billion. The loss, which compares to a net profit of $103 million in 2015, was...

Sheikha Fatima bint Abdullah bin Zayed said her father was fully supportive of her decision to enroll. Sheikh Abdullah bin Zayed, Minister of Foreign Affairs and International Cooperation, on Wednesday attended his daughter's graduation ceremony from the Armed Forces volunteer summer...

Value of projects has increase 8 per cent to $228 billion The total value of building projects under way in the UAE increased by 8 per cent to US$228billlion (Dh836.8bn) last month, according to data provider BNC Network. The firm said that there are 7,488 residential and commercial...

The Dubai resident must weigh up the time, cost and effort of filing a case at the Rental Dispute Settlement Committee against the amount due to him. My landlord won't return my deposit. He promised to fix things before we moved and never did. I have record of this information. Six months...

The centre will house the Middle East representative office of the International Court of Arbitration Financial free zone Abu Dhabi Global Market (ADGM) has announced its arbitration hearing centre will be established on Al Maryah Island by early next year. ADGM said the centre at Al...

Passenger traffic during the first half of the year grew 6.3 per cent to reach over 43 million Passenger traffic at Dubai International airport- the world’s busiest for international passenger traffic – crossed six million in June, up 3.9 per cent compared to 5.85 million during the same...

When people spend their money, whether they’re buying a new pair of shoes, a purse or ordering a cup of coffee or booking an air ticket, they always have a favourite brand in mind. And if there’s only one name that resonates most strongly with expatriates and locals in the country, it’s the one...

Dubai developer Nakheel reported on Wednesday a 22 percent decline in second quarter net profit, according to Reuters calculations. Nakheel made a profit of 1.16 billion dirhams ($315.8 million) in the three months to June 30, compared to 1.48 billion dirhams a year ago, Reuters...

European airline passenger was wearing or hiding 76 timepieces An airline passenger was caught with Dh3 million worth of luxury watches strapped to his legs and around his waist as he passed through Dubai International Airport. The European passport holder was carrying 76 luxury...