Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its position as a leader in the regional financial market. Planned mergers are set to create a more consolidated and robust banking sector in Abu Dhabi, strengthening its...

Authorities are conducting studies to improve the end-of-service benefits system, particularly as the age of retirement has increased. The UAE needs to set up investment funds to manage retirement and end-of-service benefits for employees in the UAE, according to the director-general...

Norway has announced that it will participate at Expo 2020 Dubai under the theme as a world leading ocean nation Norway has announced that it will participate at Expo 2020 Dubai under the theme “Norway as a world leading ocean nation”. The Norwegian pavilion’s design and content...

Kleindienst Group already doubled is Dubai workforce last year, rising from 878 in January to 1,672 by the end of December Kleindienst Group, the developer of The Heart of Europe islands in Dubai, is on a recruitment drive that will see it double its workforce by June this year....

Emaar Development unveils Arabian Ranches III, a new secure gated townhouse neighbourhood in Dubai Emaar Development on Monday unveiled Arabian Ranches III, a new secure gated townhouse neighbourhood in Dubai. The new masterplanned community - located next to the original Arabian...

Investment Corporation of Dubai and Abu Dhabi Investment Authority linked with Reliance Nippon Life Asset Management Ltd stake sale Investment Corporation of Dubai (ICD) and Abu Dhabi Investment Authority (ADIA) are among overseas funds which are in the fray to acquire India-based...

Following the directives of President Sheikh Khalifa bin Zayed Al Nahyan, the homes will be delivered up until 2025 Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the construction of 34,000 housing units for Emiratis across the...

Firm to focus on deploying capital in 2019, and fundraising in 2020 Abu Dhabi-based buyout firm Gulf Capital is planning a least five new private equity deals this year, with two new deals to be announced in the next two months, its chief executive said. With $3 billion in assets...

Emaar Malls, the retail arm of Emaar Properties, bought a 51 percent stake in Namshi from GFG for $151 million in 2017 DUBAI: Dubai's Emaar Malls on Monday bought the 49 percent of e-commerce fashion website Namshi it did not own from Global Fashion Group (GFG) for 475.5 million...

Bahrain's Economic Development Board says costs are 35 percent lower in the kingdom than in UAE's two international financial centres A new report comparing the cost of doing business in Bahrain’s financial centre to the UAE’s two main financial centres in Dubai and Abu Dhabi has said...