Islamic economy contributed towards 10 percent of Dubai’s GDP at the end of 2017 DUBAI: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the growing contribution of the Islamic economy sector in Dubai’s...

Bitcoin reached $11,251.21, surpassing $10,000 for the first time since March last year Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week's G20 summit....

UAE airlines like Emirates, Etihad, FlyDubai and Air Arabia have started avoiding restricted airspace around the Gulf of Oman The decision by airlines in the Middle East to reroute some of their flights away from Iranian airspace and the Gulf of Oman will have an impact on some...

Microsoft has shown intention to open its first ME data centre in UAE Revenue from cloud business in the UAE is expected to increase by AED 20 billion by the year 2022, endorsed by organisations rapidly investing in hybrid cloud environments, industry experts announced on Monday....

Emirate's economic activity strengthens ahead of Expo 2020 project Dubai economy will grow faster in 2019 and 2020 on the back of strong growth in key sectors with GDP (gross domestic product) crossing Dh400 billion mark this year. The emirate's preliminary economic growth slowed...

Airline professionals and experts said they do not expect airfares to surge unless a 'fuel surcharge' is levied on passengers. As leading airlines around the world reroute some of their flight paths to avoid Iranian airspace amid the ongoing US-Iran tensions, residents told Khaleej...

Chinese investments have gone up 64 per cent between 2016 and 2017, and this trend has continued in 2018 and the first quarter of 2019 Fidu Properties has reaffirmed that Chinese investments in the UAE's real estate sector are set to surge in the coming months, and will grow over 70...

Sources suggest Damac is one of the favourites to buy troubled Italian fashion house Damac Properties has refused to comment on reports linking the company with a takeover of luxury fashion brand Roberto Cavalli. In a statement to Arabian Business, PR representatives of the Dubai...

Preliminary investigation finds that twin propeller aircraft was flying too close to Thai Airways A350 A plane crash that killed four people who were working on improvements at Dubai International Airport was caused by the pilot following larger aircraft too closely. A preliminary...

Female candidates with the highest number of votes in each emirate shall win the allocated seats ABU DHABI – President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Presidential Resolution No. (1) of 2019 towards raising women’s representation in the Federal National...