Etihad spent billions of dollars on airline acquisitions that failed to deliver expected returns. DUBAI- The issuer of $500 million in bonds directly linked to Etihad Airways is looking at restructuring options as Abu Dhabi, which owns the carrier, has not intervened to avoid a default....

Abu Dhabi Global Market's new framework covers three main activities Abu Dhabi’s newly-launched Crypto Asset Regulatory Framework, which became active on Monday June, 25, 2018 provides a set of rules governing spot trading of crypto assets by exchanges, custodians and other intermediaries...

Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has approved a new human resource law for Dubai Government, which focuses on job security for all employees and improving performance. The new Human Resource Law of the Government of Dubai...

The $500 million Mall.Global, the debut venture of the Dubai based tech firm, is due to go live by 2020 with over 2,500 brand stores and sequential launches across the GCC, India, North Africa, Europe, CIS and China. Mall.Global, which will undergo testing with live customer sets early next...

The loans lent by banks operating in the UAE to the industrial and business sectors rose 3.4 per cent at the end of May 2018 to Dh774.5 billion ($210.8 billion), from Dh748.9 billion ($203.89 billion) in December 2017, said a report. The figures were released by the UAE Central Bank (CBUAE)...

Dubai, the most populous city in the UAE, has been within the top 10 most attractive cities for the global work force, while Abu Dhabi moved sharply up the rankings, said a new report from management consulting firm BCG. New York is the number-two city destination, after London and before...

The collaboration will support the development of the fintech ecosystem in both markets Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Finance Innovation, France’s official innovation cluster for the financial industry, based in Paris....

In May, the plant's operator said the plant's first nuclear reactor should start operations between the end of 2019 and early 2020. ABU DHABI- The United Arab Emirates’ nuclear regulator on Sunday said the start-up of a reactor at the country's first nuclear power plant, which has already...

Emirate jumps 5 positions as it is seen as a place for better career opportunities Dubai's attractiveness among the global workforce is growing and the emirate has now been ranked among the world's top 10 most attractive cities where professionals want to move in search of greener...

The service will be avialable to individuals, as well as car dealers and manufacturers Abu Dhabi’s Etihad Airways has launched a new service designed to ease the process of moving motor vehicles across the globe, the airline announced on Sunday. According to the airline, the launch of...