Norton Cyber Security Insights Report reveals that more than 1m UAE consumers affected More than 1 million UAE consumers were victims of online shopping scams in 2017, losing a total of AED321 million ($87.3 million), according to a new report. The 2017 Norton Cyber Security Insights...

Global investment holding company says bank's first products are expected to debut in 2019 Dubai Holding, the global investment holding company, has announced it will invest up to AED1 billion ($270 million) over the next five years to launch a next generation digital bank for the UAE....

Acquisition is focused on Saadiyat Island and includes hospitality, retail and residential assets In one of the largest real estate acquisitions in the history of the UAE, Aldar Properties has acquired a portfolio of prime real estate assets worth $1 billion (AED3.7bn) from the Tourism...

The digital bank will target small and medium-sized businesses, Dubai Holding said in a statement on Monday. Dubai Holding, the investment vehicle of the emirate's ruler, said it plans to invest up to 1 billion dirhams ($272 million) over the next five years in a digital bank in the...

The multi-faceted and all-inclusive incubator and accelerator model will focus on growing, incubating and funding talent. Dubai-based conglomerate Al Ahli Holding Group plans to develop the world’s largest entrepreneurial and media hub to facilitate and support the growth of local and...

Sales prices and rents are expected to face further correction during the rest of this year. Sales prices and rents for both apartments and villas continued to soften in the first 3 months of 2018, with little prospect of improvement in the short to medium term, according to Chestertons...

Developer Al Hamra also plans to develop fountain display at Manar Mall Developer Al Hamra has announced the completion of phase one of the revamped Manar Mall in Ras Al Khaimah, with a total of 164 retailers, food outlets and entertainment options. The main construction work is now...

Al Majid Motors Company, the automotive division of the Juma Al Majid Holding Group and an exclusive distributor for Kia Motors in the UAE, has launched its largest ever Kia Sales and After-Sales Centre on Sheikh Mohammed bin Zayed Road near Tasjeel Village in Sharjah.  The...

Abraaj invested in the Middlesex University campus in January 2017 Dubai's Abraaj, the private equity firm rocked by a dispute with some investors over how it used their money, is in talks to sell its investment in Middlesex University's overseas campus in Dubai, two sources familiar with...

Etihad is considering its options for over 160 aircraft it has ordered, ranging from swapping models. Airbus and Boeing are preparing for possible changes to dozens of plane orders from Middle East carrier Etihad Airways as it presses ahead with a company-wide review, four sources familiar...