flydubai swung to a profit of $54mln last year DUBAI - United Arab Emirates carrier flydubai swung to a profit of 198.2 million dirham ($54 million) last year, helped by a compensation agreement with Boeing over the worldwide 737 MAX grounding. The Dubai state-owned airline is one...

The seasonally adjusted IHS Markit UAE Purchasing Managers' Index fell to 49.1 in February from 49.3 in January DUBAI - The United Arab Emirates (UAE) private sector deteriorated further in February, with output expectations dropping to a near-two-year low amid fears of the...

The UAE Tour was abandoned last Thursday after two Italian staff members with one of the teams tested positive for the disease The United Arab Emirates on Tuesday announced six more Covid-19 coronavirus cases linked to an abandoned cycling event, saying that two Russians, two Italians,...

The decision comes as a proactive step out of keenness to provide highest standards of safety within the school and higher education communities ABU DHABI: As part of the preventive and precautionary measures aimed at maintaining safety of students and in line with the efforts made to...

The objective is to promote the investment climate and partnerships to new levels DUBAI: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, chaired today cabinet meeting in Abu Dhabi, and approved the positive list of economic sectors...

It is too early for the government to evaluate the impact of VAT to the country's economy because of insufficient data It will take around three to five years to collect the required data for the assessment of the impact of the Value Added Tax (VAT) on the UAE's Gross Domestic Product...

Deployment comes as Iran announced that novel coronavirus has killed 12 more people in the Islamic republic, raising the country's overall death toll to 66 The UAE said on Monday it has facilitated a mission by the World Health Organisation to deliver medical supplies and equipment to...

W Abu Dhabi - Yas Island and neighbouring Crowne Plaza Abu Dhabi were both put on lockdown over UAE Tour coronavirus fears The UAE's Ministry of Health and Prevention on Monday denied reports that the guests of the two quarantined hotels on Yas Island left without performing the...

Dubai leads all the major global cities for having the highest number of branded residency projects Rates of branded residences in Dubai are the third lowest in the world at $580 per square foot, after Cape Town ($310) and Kuala Lumpur ($280), data showed on Monday. According to...

Event will now be held in November instead of this month, say organisers The Dubai International Boat Show, an annual trade event for yachting enthusiasts, has become the latest big-ticket event to be affected by the mounting coronavirus fears. Organisers confirmed on Monday that...