Dubai Almost 20 days after India demonetised widely used 500 and 1000 rupee notes, expatriates in the UAE are finding it hard to send money to their families back home due to the continuing cash crunch. Their families are unable to withdraw cash from banks since the announcement on...

Dubai: Tecom Group seeks to stimulate the start-up landscape and strengthen Dubai’s role as the region’s innovation engine with the launch of its third business incubator in the in5 network. The new in5 space, embedded within the thriving design community at Dubai Design District (d3), will...

State-owned Abu Dhabi National Oil Co (ADNOC) plans to almost triple its petrochemical production to an annual 11.4 million tonnes from 4.5 million tonnes by 2025, group chief executive Sultan Al Jaber said on Monday. "To achieve this we will seamlessly integrate our petrochemical and refining...

Dubai will soon follow the unveiling of the world’s first 3D-printed building with even more equally ambitious projects, but construction of a large-scale skyscraper using the technology is unlikely in the near future, a design expert said during a presentation last week. Dubai’s ruler,...

Dubai: Ban Ki-moon, Secretary-General of the United Nations, praised the UAE for being the first member to join the World Green Economy Organisation (WGEO). He also commended the insightful vision of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of...

Dubai: Sharjah residents are not making the shift to new homes in Dubai, at least not in sizeable numbers to make a difference to rental dynamics, according to the latest report from the property services firm Asteco. That rents in Dubai did not decline enough — in fact they are already...

Abu Dhabi: The National Bank of Abu Dhabi (NBAD) confirmed on Sunday reports on a UK court ruling against British energy company, BP, which must now pay over $68 million (Dh250 million) to NBAD. In a statement posted to the Abu Dhabi Securities Exchange (ADX), NBAD indicated that the ruling...

Abu Dhabi Crown Prince and UK's Duke of York begin UAE chapter of business support initiative Abu Dhabi: His Highness Shaikh Mohammad Bin Zayed Al Nahyan, Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces and Prince Andrew, Duke of York, on Sunday attended the...

ABU DHABI // Even though Sunday was a working day, there was a holiday atmosphere on Yas Island where thousands of fans flocked to the big race. Marie Jacob, 35, from South Africa, travelled from Dubai with her friends to watch the race, arriving about 3pm. "I am too excited and it’s...

ABU DHABI // The UAE has helped double Mauritania’s clean energy capacity by delivering and installing eight new rural solar energy plants. The plants, sponsored by Masdar, will supply an additional 16.6 megawatts of electricity, which will power about 39,000 homes and save 27,850 tonnes of...