The countdown continues to pick up the costliest penthouse in Dubai — a 62,000 square feet unit on the Palm and with a base price of a whopping Dh180 million ($49 million). It will be part of the under-development Dh1.9 billion One Palm project. “Even last week we received an offer —...

The fifth edition of the World Government Summit, which this year is being held under the theme Shaping Future Governments. United Nations Secretary-General Antonio Guterres will address next week's World Government Summit in Dubai, it was announced on Tuesday. The 67-year old...

The UAE Ministry of Economy said approximately 88,700 Apple iPhone 6S devices have a defective battery. These devices, that were manufactured in China between September and October 2015, may unexpectedly shut down, Apple Inc said in a letter addressed to the ministry yesterday. Hashim...

Flight diversions due to inflight medical emergencies make up a tiny portion of the millions of flights operated annually, but it is costly for airlines. With more people traveling by air, the actual number of inflight medical events has been gradually increasing over the years. Emirates,...

The UAE is certainly moving effortlessly towards a sustainable, greener future, which is why residents in the Capital can look forward to 2030. A sustainable, eco-friendly downtown masterplan has been announced for the UAE Capital. The 'walkable' project, which will be completed by 2030,...

Cassation Court orders fresh trial after woman’s lawyer argued she had a mental illness Dubai’s highest court has overturned a businesswoman’s 10-year imprisonment that she was handed for killing her boyfriend and ordered a new trial before the Dubai Appeal Court. In December, the...

National Bank of Abu Dhabi (NBAD) said on Tuesday it will seek shareholder approval to double the size of its euro medium term note programme to $15 billion from the existing level of $7.5 billion. Shareholders will discuss the hike at the bank's general assembly on Feb. 28, it said. The...

UAE companies waited twice as long as last year to receive payments, says the French credit insurer Coface. The company, which specialises in protecting clients from their customers defaulting, said 2016 was a tumultuous year for trade, which meant many companies had to wait twice as long...

As any regular flyer will know, sometimes it is more aggravating waiting to be taken to your aircraft than it is getting through the departure gate the first place. In another world’s first, however, Dubai Airports aims to eliminate that hassle for passengers at Dubai International (DXB)...

Tesla have confirmed that they will be launching in the UAE this month Self-driving and electric automaker Tesla is set to enter the Middle East region this month. The American company confirmed that it will soon be launching in the UAE – starting with a launch event in Dubai on...