LATEST NEWS

More UAE motorists using seat belts following law change
November 16, 2018
Campaigners RoadSafetyUAE say more improvements needed despite rise in awareness since 2017 law change More motorists in the UAE are using their seat belt for all journeys since the introduction of the Federal Traffic Law...
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Dubai bucks global trend as international students soar
November 16, 2018
A total of 27,500 students have registered for the new academic year in Dubai, marking a jump of more than 7% The number of students at Dubai International Academic City (DIAC), the largest community dedicated to higher...
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Aldar Properties records 8pc growth in Q3 revenue
November 16, 2018
Aldar Properties, a leading property development company in Abu Dhabi, UAE, said it has delivered a strong performance with an eight per cent year-on-year increase in revenue which hit Dh1.5 billion ($408 million) and a steady y-o-y...
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Revealed: why Sharjah mega project will be smarter than most
November 15, 2018
Developer Arada has announced plans to create one of the UAE's smartest cities at Aljada, the urban project located in the heart of Sharjah Developer Arada has announced plans to create one of the UAE’s smartest cities at...
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Dubai restaurant buys world's biggest white truffle for $50k
November 15, 2018
Giant truffle will be used in an estimated 650 dishes by Roberto's in Dubai International Financial Centre The world's largest white truffle has reportedly been sold to a Dubai-based Italian restaurant for AED187,000...
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ADNOC to spend over $4.9bln on local goods and services by end of 2018
November 15, 2018
The amount that ADNOC spends on local goods and services is expected to increase even further in the coming years ABU DHABI - The Abu Dhabi National Oil Company (ADNOC) today announced that its In-Country Value (ICV) spend for...
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Emirates warns of tough six months ahead as profit drops
November 15, 2018
Revenue rose 10% DUBAI- First-half profit at Emirates plunged to its lowest in a decade, hit by higher fuel costs and unfavourable currency moves, and the Gulf airline said it faced a tough six months ahead. The...
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DXB Entertainments weighing up "all feasible options" for...
November 15, 2018
Theme parks operator reduces losses but still a long way from breakeven DXB Entertainments' strategic review of its phase 2 expansion project to bring a 2.6 billion UAE dirham ($708 million) Six Flags theme park to Dubai...
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Emaar Development's revenue soars on Dubai property sales
November 14, 2018
Emaar unit posts 54% surge in nine-month revenue while net profit increases by 19% Emaar Development, the build-to-sell property development business majority-owned by Emaar Properties, on Tuesday recorded a growth in net...
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Dubai's Nakheel posts nine-month net profit of $1bn
November 14, 2018
Developer Nakheel says non-residential revenue now accounts for 40% of its total and continues to grow Nakheel on Wednesday announced a net profit of AED3.86 billion ($1.05 billion) for the first nine months of 2018, down from...
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