Construction will start immediately and the first phase of the development will be delivered in 2023 Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, on Thursday inaugurated Burj Jumeira, the new tower set to be built in the Al...

Buoyed by a significant trend in mindful eating, Gulfood exhibitors are preparing to launch new products later this month Major new healthy food launches are being lined up by exhibitors at Gulfood, the world’s largest annual food and beverage trade exhibition, which marks its 24th...

Abu Dhabi-based fuel and convenience retailer opens three Dubai stations, now operates in all seven emirates ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the opening of its first three service stations in Dubai. Located in Dubai Investment...

Emirates' order last January was a lifeline for the A380, the world's largest passenger jets Airbus is in discussion with Emirates over a deal for 36 of its A380 jets made last year, amid reports the Gulf carrier is considering converting some or all of the order to the smaller A350,...

FAB said it proposed to its board increasing its foreign ownership limit to 40% from 25% DUBAI- First Abu Dhabi Bank (FAB), the largest bank in the United Arab Emirates, beat analysts' forecasts with a 4 percent rise in fourth-quarter profit on Thursday and said it planned to raise its...

Dubai's Deyaar gains on FY results Saudi Arabia's stock market, which introduced the MSCI Tadawul 30 index, fell on Thursday as its bank stocks slid, while Dubai gained sharply lifted by corporate earnings results. Saudi Arabia's main index fell 0.3 percent. National Shipping...