The Emirates Group posted a profit of Dh2.3 billion ($626 million) for the financial year ended March 31, 2019, down 44 per cent from last year. The group’s revenue reached Dh109.3 billion ($29.7 billion), an increase of 7 per cent over last year’s results. The group’s cash balance was...

Abu Dhabi's trade in aluminum and copper amounted to around Dh3.4 billion ($925 million) during the first two months of 2019, up 14 per cent over the same period last year, according to the Statistics Centre - Abu Dhabi (SCAD). The trade in the two metals accounts for 9.5 per cent of the...

Property owners can list their properties for free, upgrade the subscription, and purchase additional services UAE - Home Owners Direct (HOD) is latest startup to join the pool of service providers in the property sector in the UAE. The brand claims to be the first dedicated real...

NAS Night Challenge, Dubai’s only night-time obstacle course race, will be held on May 10 and 16 at the Nad Al Sheba Sports Complex. The night challenge is back for the fourth time and it will bring back some old favorite obstacles alongside some exciting new additions. The 4-5 km obstacle...

The forecast for $400,000 for bitcoin seems unrealistic after the bear market of 2018, but in the crypto industry there are many optimists who make the most daring forecasts and are right. In a recent interview, Morgan Creek Capital founder and CEO mark Yusko said bitcoin could well reach...

New entrance procedures will enable foreign flag superyachts to avoid clearing through commercial entry ports Yas Marina has become an official UAE entry point for international superyachts as regulations are relaxed to promote Abu Dhabi as a tourism destination. The new arrival...

Dubai Investments says ready to go to market with Al Multaqa Avenue, a residential cluster and the newest phase of Mirdif Hills Dubai Investments has announced it is ready to go to market with Al Multaqa Avenue, a residential cluster and the newest phase of Mirdif Hills, its mixed-use...

New council to discuss proposed legislation to expand the implementation of Blockchain technology in various sectors in Dubai The Dubai Future Foundation (DFF) has formed the Dubai Future Council for Blockchain, to be headed by Dr Aisha Bint Butti Bin Bishr, director general of Smart...

Dubai Police reveal early results of Traffic Fines Settlement Initiative as traffic accidents, deaths fall Some 457,154 drivers have benefited from the Traffic Fines Settlement Initiative launched in February by the Dubai Police General Command, receiving 25 percent off traffic fines....

Dubai low cost carrier Flydubai says to start flights to Sochi in Russia from June 7 Dubai-based Flydubai has announced plans to operate flights to Sochi, Russia, the host of the 2014 Winter Olympics. Flights between Dubai and Sochi will operate twice a week, on Mondays and...