Etihad Energy Services Company says to install 65,000 PV panels, 295,000 LED lights and 50,000 water savers at villas in Dubai Etihad Energy Services Company (Etihad ESCO) has announced plans to install photovoltaic solar panels on the roofs of 5,000 Emirati-owned homes in Dubai....

Some of the world's leading carriers suspend flights over the Strait of Hormuz amid escalating tensions between Washington and Tehran Dubai-based airline Emirates Airline said Friday it rerouted flights to avoid "areas of possible conflict", a day after Iran shot down a US...

Madame Dang Thi Ngoc Thinh, Vice President of Vietnam, meets with Nakheel chairman to explore long term collaboration for real estate development Dubai master developer Nakheel has held talks with high ranking officials in Vietnam on launching possible real estate projects. Madame...

Dubai-based Abraaj was Middle East's biggest private equity fund until last year Tell Group SA is bidding on funds managed by the collapsed Abraaj Group, Bloomberg has reported. The boutique investment firm is offering $25 million to transfer the management of seven Abraaj funds...

Loan books grow but so do net loan provisions Demand for new loans outstripped deposit growth at nine of the 10 listed banks in the United Arab Emirates in the first quarter of 2019, according to a new report. The UAE Banking Pulse report from financial services consultancy...

The company had also not received any reports of people returning their product to the stores The Dubai Municipality has issued a clarification regarding the import of 200g of Lays chips packets on Wednesday, June 19. The authority validated that it has not imported the 200g Lays...

Total exports to the GCC state recorded AED 7.725 billion in Q1-19 Abu Dhabi’s total trade exchange with the GCC countries rose by 7.7% year-on-year to AED 18.222 billion in the first quarter of 2019 from AED 16.918 billion, according to Mubasher statistics. Total exports to the...

Leading UAE developer Damac Properties has announced the launch of Zada, a fully-integrated development featuring luxurious one-bedroom modern apartments, in Dubai’s Business Bay area. Priced at Dh699,999 ($190,539), the exquisitely designed one-bedroom apartments offer views of the iconic...

Landmark Group announces first-of-its-kind transaction that connected two independently-built blockchain platforms Dubai-based retailer Landmark Group and banking giant HSBC have completed a first-of-its-kind transaction that connected two independently-built blockchain platforms,...

Wasl Port Views will feature a total of 1,465 residential units, spread across 10 buildings, as well as retail stores and restaurants Wasl Properties, a subsidiary of Wasl Asset Management Group, has announced the release of the first building of its Wasl Port Views development in...