Company crossed $54 million in sales in 72-hours in December Dubai Duty Free expects to record over $1.9 billion in sales this year, on the back of a December which could see it posts its highest numbers during the month since 2014, it has announced. Offering discounts of 25 percent...

TVM Capital Healthcare Partners plans to make the investments over the next two years, with the first deal scheduled to close in the second half of 2018 DUBAI - TVM Capital Healthcare Partners, a Dubai-based private equity business, has launched a $250 million fund to invest in areas...

The ‘Flash Sale’ products are based on a researched list of highly sought-after items by shoppers in partnership with Noon’s merchant partners. Treat yourself to the first of its kind online shopping experience that assures tremendous value for customers as Noon rolls out its first annual...

Public transportation under the Executive Regulations Article 45 are specifically exempt, which includes buses, taxis, and the metro. Residents in the UAE, who rely on the public transportation system to get to work and move around, will not have to pay more for the use of public...

Roads and Transport Authority also reveals timings for metro, buses and tram services All paid parking zones across Dubai, except for multi-storey lots, will be free of charge from Sunday December 31 for the New Year holiday. Parking fees will be reactivated on Tuesday January 2,...

Arena is scheduled for completion by end of 2019; is part of the AED12 billion Yas Bay development Miral announced on Wednesday the appointment of BAM International as main contractor for the arena, plaza, and nearby retail and F&B spaces planned for the upcoming Yas Bay development....

Dubai airline says it expects more than 250,000 passengers to arrive in city by New Year's Day Emirates said on Wednesday that more than 250,000 people are expected to arrive into Dubai from December 28 until just after New Year’s Day. The Dubai-based airline said travel is expected...

Dubai Frame, a 150-m-high, 93-m-wide structure built to resemble a huge picture frame at Zabeel Park offering views of both the historic and modern parts of the city, will be open to the public next month. UAE Vice President, Prime Minister and Ruler of Dubai HH Sheikh Mohammed bin Rashid...

Kuwait-based United Projects for Aviation Services Company (UPAC), a top real estate firm, has signed a five-year KD 50.1 million ($165.4 million) loan facility agreement to finance its investment in Abu Dhabi’s Reem Mall, a report said. The agreement was signed Gulf Bank Kuwait and Ahli...

Emirates Motor Company, the authorised general distributor of Mercedes-Benz in Abu Dhabi and the flagship company of the Al Fahim Group, has introduced the new Mercedes-Maybach Pullman. Mercedes-Maybach’s proud history of building vehicles that offer exclusivity and a first-class travel...