Three British people and a South African dies after crash involving small aircraft temporarily halts ops at Dubai International Airport Three British people and a South African were killed Thursday in a plane crash close to Dubai airport. The UK-registered Diamond Aircraft went...

Dana Gas has joined the benchmark which includes 23 emerging markets countries, including the United Arab Emirates SHARJAH - Dana Gas, a regional private sector natural gas company, has announced its inclusion in the Morgan Stanley Capital International, MSCI, for Global Small Cap...

It seems that the growth of the bitcoin exchange rate is now accompanied by a wide interest of investors to this coin, who seek to buy it. Let's look at a number of reasons that probably played or are playing a significant role in this rally: Fidelity will offer the service of trading...

Gulf Navigation Holding reports AED11m losses in first quarter as petrochemical tanker enters dry dock Shipping firm Gulf Navigation Holding, which has recently taken on a major new investor and new board of directors, on Wednesday announced losses for the first quarter of 2019....

Image Nation Abu Dhabi, Majid Al Futtaim and MBC Studios aims to greenlight several movie and TV projects annually Image Nation Abu Dhabi, Majid Al Futtaim and MBC Studios have entered into an alliance to launch a major production partnership for film and TV projects across the Middle...

The Dubai-based ratailer's green sukuk was a first for the region and was six times oversubscribed Dubai-based retail giant Majid Al Futtaim has ruled out a possible listing for the company, despite its recently launched green sukuk being six times oversubscribed and two thirds of...

Contractor’s Q1 profit halves as pace of new awards slows Hamish Tyrwhitt, the CEO appointed to turn around the fortunes of the UAE contracting group Arabtec, has stepped down from the firm, according to a note accompanying its Q1 results. The company said in a filing to the Dubai...

Arabtec, Aldar decline on weak Q1 results Saudi Arabia's stock market rose moderately on Wednesday, lifted by its banking shares following index provider MSCI's decision to include multiple lenders, while Dubai was pressured by a string of disappointing corporate earnings. Saudi...

Damac’s net cash generated from operating activities rose sharply in Q1 Dubai’s Damac Properties reported a sharp drop in first quarter earnings (Q1) for 2019, while recorded revenues were “decent”, according to an analyst. Damac’s Q1 2019 net profit amounted to 31.06 million UAE...

New Zealand has broken ground on its Expo 2020 country pavilion being set up under the theme Care for People and Place at the Dubai gala event. To be located in the Sustainability District, it will feature an exhibition space, restaurant, hosting facilities and a design store, said senior...