Etihad Airways, the national carrier of the UAE has reported a loss of $1.28 billion for the year 2018 as against a loss of $1.52 billion in the previous year. The airline also announced an improvement in core operating performance of 15 per cent in 2018, 7 per cent higher than forecast, on...

GulfTalent study reveals an increasing share of new jobs in the UAE are being filled by Asian professionals UAE employers are planning a net expansion in headcount during 2019, with an increasing share of the new jobs being filled by Asian professionals, according online recruitment...

New tower at Pixel, the first phase of Imkan's Reem Island project, will be available for purchase on Saturday A new tower at Pixel, the first phase of Imkan's $540 million mixed-use project, Makers District, on Reem Island, will be available for purchase this weekend. The sales...

Launch of Joy townhouses follows 'overwhelming sales response' of first community, says developer Emaar Development has announced the launch of its second residential community in the new Arabian Ranches III project in Dubai. The developer said the launch follows the "overwhelming...

Mag LD launched 400 units for sale in may City, phase one of the mag Eye project in Dubai Mag Lifestyle Development (Mag LD), the property development arm of Mag Group Holding, has recorded sales worth AED100 million ($27 million) at the launch of Mag City, the first phase of its Mag...

New report shows the top nationalities who secured licences in February were Indians, followed by Pakistanis, Bangladeshis Dubai's Department of Economic Development (DED) issued 2,204 new licences in February, a growth of 37 percent compared to the same month last year. The DED's...

Analyst says H2 2018 results offer reassurance on the company's ability to grow revenue and net income Dubai’s DP world reported a surge in net profit for 2018, triggering a rally in the company’s shares on Thursday. The Dubai-based port operator made a net profit attributable to...

Its subsidiary filed a lawsuit in November against the U.S. bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB. Abu Dhabi state investor MubadalaL has suspended any new business dealings with Goldman Sachs since its subsidiary filed a lawsuit...

The museum is part of a cultural district in Abu Dhabi set to also house the Zayed National Museum and a branch of the Guggenheim museum The opening of the Louvre museum has been a big boost for Abu Dhabi’s tourism sector but it is “not enough” on its own and the emirate needs to push...

Sobha Realty announces its foray into China with the opening of its first sales office in Shanghai Sobha Realty, the Dubai-based real estate developer, has announced its foray into China with the opening of its first sales office in Shanghai. The expansion into China comes close...