Customers can request for refund of their security deposits through Dewa’s website or smart app and choose Western Union as the pay-out option Dubai Electricity and Water Authority (Dewa) has signed an agreement with Western Union to enable Dewa’s customers to conveniently collect their...

Total foreign currency assets held by the Central Bank of the UAE surged 2.8% during April 2018 Total foreign currency assets held by the Central Bank of the UAE surged 2.8 per cent during April 2018 to Dh326.4 billion ($88.9 billion), from Dh317.44 billion during the same month in 2017,...

A white paper on how to reshape the healthcare sector across the region, from prevention to specialisation The healthcare industry across the GCC is in the midst of a transition, one that will help enhance the operating environment, reduce costs and increase opportunities across the value...

Almarai's investment programme will be financed through increasing operating cash flow and debt, including Islamic bonds Almarai set its five-year capital investment at 10.6 billion riyals ($2.83 billion) as the Saudi dairy-farm operator and food producer navigates "persistent challenging...

Vevo is a joint venture between Abu Dhabi Media, Universal Music Group, Google and Sony Music Entertainment Premium music video and entertainment platform will phase out elements of its owned and operated platforms and instead focus on growing its audience on YouTube, the company announced...

A London listing by VPS Healthcare would follow other UK share sales by UAE-based medical firms VPS Healthcare hired Rothschild & Co to advise on a potential initial public offering in London, according to people with knowledge of the matter. The Abu Dhabi-based healthcare provider...

The first beneficiaries will include the likes of Apple, Google and Tesla, says chairman of Dubai law firm Baker & McKenzie The UAE’s soon-to-be-introduced 100% ownership law will initially be limited to certain global companies, according to Dr Habib Al Mulla, chairman of Dubai law firm...

DP World, UAE Region’s flagship Jebel Ali Port has underlined its position as the leading port in the region by winning the “Best Seaport – Middle East” award at this year’s Asian Freight, Logistics and Supply Chain Awards in Shanghai, China.  A leading enabler of global trade and an...

Nawah Energy Company (Nawah), the operator of the Barakah Nuclear Energy Plant, located in the Al Dhafra Region of Abu Dhabi, has entered the next phase of preparation for nuclear operations.  With the recent construction of Unit 1 by the Emirates Nuclear Energy Corporation (Enec) and...

New data shows Muscat will see 1% rise while UAE will see 2% against global average of more than 4% The Middle East will see the flattest increase in the cost of construction globally in 2018, as the effect of recovering oil prices takes time to translate into increased investment,...