M&As are inevitable to happen in the UAE and the GCC Mergers and acquisitions (M&As) will inevitably happen in the UAE's overcrowded insurance and Takaful industry but individuals holding larger stakes in the companies are willing to sell at a much higher price which is not...

Mohammed bin Rashid Space Centre has announced that it has selected Hazzaa Al Mansoori as the prime astronaut for the ISS mission in September The Mohammed bin Rashid Space Centre (MBRSC) has announced that it has selected Hazzaa Al Mansoori as the prime astronaut and Sultan Al Neyadi...

Smart gates fitted at stations on Dubai Metro Red Line extension will detect misuse and attempts to evade fares The Rail Agency of Dubai’s Roads and Transport Authority (RTA) has started the installation of smart fare gates at metro stations of the Route 2020 project. The gates...

Shopping event will offer consumers up to 75 percent discounts at more than 300 outlets across 15 shopping malls in Abu Dhabi and Al Ain The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced the launch of the Retail Abu Dhabi Spring Sales, a massive shopping...

The Expo 2020 Dubai decals will remain on the 40 Emirates aircraft until April 2021 Emirates has completed the installation of bespoke Expo 2020 Dubai liveries on 40 aircraft, with its final A380 aircraft emblazoned in the distinctive decal rolling out of the Emirates Engineering...

Telco's chief technology officer says 'pioneering efforts' in 5G will pave way for the 'future of connectivity' UAE-based telecoms giant Etisalat plans to invest AED4 billion ($1.09 billion) in digital transformation, mobile and fibre networks this year, according to a senior...

Three banks provide funds for Damac Tower at Nine Elms, the first in Europe to be designed in partnership with Versace Home The international arm of Dubai-based developer Damac has secured a development financing package of £175 million ($229.4 million) for its landmark project, Damac...

Emirates Transport has signed new contracts during the first quarter of the current year with several customers in Dubai and Sharjah, amounting to Dh225 million ($61 million). As per the deal, the company will offer transport, rental and fleet management services, by employing a total of...

Millennium Hotels & Resorts Middle East and Africa (MEA), one of the fastest growing hotel management companies in the region, has signed a management agreement to operate Millennium Place Barsha Heights in Dubai. The partnership was signed by Ali Alzaabi, president of Millennium Hotels...

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