Net profits of 28 insurance companies listed at Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) surged 34.2 per cent during the first half (H1) of the year to Dh764 million ($208 million) against Dh569 million during H1 2016. Market analysts attributed the recovered...

All types of marine transit modes in Dubai, UAE clocked 6.63 million passengers during the first half of 2017, with Abras accounting for the largest share of commuters, amounting to 6.25 million passengers, said the Roads and Transport Authority (RTA). "Transporting 6,638,468 passengers in...

Emirates SkyCargo, the freight division of Emirates, revealed that it is rolling out a new white cover solution, developed in collaboration with DuPont, that offers enhanced protection for temperature sensitive cargo in hot, cold and wet weather conditions. The the new White Cover Xtreme...

Dubai - Topaz Energy and Marine expects to expand in Kazakhstan and the Middle East as the Dubai-based oil services company projects better growth for the industry next year with oil prices stabilising around $50 a barrel, its chief executive said. A sharp drop in crude prices since...

The Abu Dhabi Urban Planning Council (UPC) is encouraging government officials, urban planners and developers to ‘push the boundaries of what is possible’ during a series of workshops on the Hudayriat Island Master Plan. The UPC held the second of five stakeholder workshops on August 16 to help...

The new strategy for issuing building permits in Dubai is expected to benefit both developers and investors in the emirate’s real estate sector by speeding up procedures for getting approvals. Property developers and analysts say they expect the strategy to streamline the process of getting...

Fifteen years ago, the Dubai government issued a decree that allowed expatriates and foreigners to own freehold property in the emirate. Local developers jumped to cash in on the foreign investment, pitching big dreams of projects that would put the United Arab Emirates on the world map....

The projects are being proposed at Al Maqtaa and at the Al Bahya Corniche Abu Dhabi is currently studying the viability of undertaking two major cable car projects in the city, the Abu Dhabi City Municipality (ADM) has said. The projects are proposed to be constructed at Al...

The multi-level store in Downtown Dubai was opened in 2014 British luxury retailer Fortnum & Mason has closed down its store in Dubai, it confirmed on Thursday. Located in Downtown Dubai, the multi-level store was opened in 2014 as Fortnum & Mason’s first location outside...

UAE’s humanitarian assistance, including long-term aid for refugees and displaced people, amounted to Dh4.48 billion ($1.23 billion) in the three-year period between 2015 and July 2017, a report said. This aid contributed to saving lives, reducing suffering, and maintaining and protecting...