Shaiban has been appointed as Chief Executive Officer of FAB's new commercial banking business in Saudi Arabia. First Abu Dhabi Bank (FAB) , the largest bank in the United Arab Emirates by assets, said on Wednesday it has appointed Layth al-Shaiban, a former executive at Qatar National...

Regulators in Malaysia, Singapore, Indonesia and Thailand have also placed Financial.org on alert lists ABU DHABI: The United Arab Emirates' securities regulator on Wednesday warned investors not to deal with Financial.org, an unregulated British company that has attracted investors from...

Passenger numbers rose to 7.85mln from 7.51mln a year earlier, operator Dubai Airports said DUBAI - Passenger traffic at Dubai International Airport rose 4.5 percent in March, rebounding after consecutive monthly declines at the world's busiest airport for international travellers....

2,000 square metre pavilion tells the story of the country's protection of its people and territory New Zealand has revealed the concept design for its pavilion at Expo 2020 Dubai during a meeting between Foreign Affairs Minister Winston Peters and Foreign Minister Sheikh Abdullah bin...

Alibaba Group says that Alibabacoin's name is "willful, concerted and unlawful scheme" to exploit its trademarks E-commerce giant Alibaba Group is “confident” a new trial motion will allow the company to block Dubai-based cryptocurrency firm Alibabcoin from using its name, the company said...

Emirate inaugurates 200MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park Dubai has taken another step toward completing what it says will be the largest solar park of its kind, inaugurating a 200-megawatt facility with partners Electricite de France and Abu Dhabi-based...

UAE Cabinet brings in VAT Reversed Charge mechanism for investors in gold, diamond and precious metals The UAE Cabinet has adopted a law to introduce the VAT Reversed Charge mechanism for investors in gold, diamond and precious metals. Under the mechanism, there will only be documented...

Aly Shariff previously spent over a decade developing Premier Inn brand in India and South East Asia Citymax Hotels, a part of the hospitality division of Dubai-based Landmark Group, has appointed Aly Shariff as chief operating officer. Shariff, who previously spent 17 years at...

Retail giant Majid Al Futtaim says expansion plans already in pipeline to create fully automated facility manned by robots Retail giant Majid Al Futtaim has unveiled its new Carrefour Regional Distribution Centre at National Industries Park (NIP) in JAFZA, Dubai. The facility is four...

Posh London district to host international launch of The 118, prices start from $6.2m UK-based upmarket estate agents Wetherell is holding a Mayfair exhibition on behalf of developer Signature Developers for the international launch of The 118, a Dubai luxury residential skyscraper....