Travel and tourism and wholesale and retail perform strongly but construction sector slips to 28-month low Dubai’s non-oil private sector economy expanded at a fastest rate in nearly a year in March, according to a new business survey. The seasonally adjusted Emirates NBD Dubai...

Fuel retailer unveils EnocPay which allows customers to pay on their mobile phones without getting out of their cars Dubai-based fuel retailer Enoc Group has announced the launch of EnocPay, a cashless, cardless payment platform at Enoc and Eppco service stations. The company said...

Expats living in the UAE will be forced to pay 45% on earnings over $75,000 from March 2020 South African expats working abroad will be required to start paying taxes back home from March 2020 when new taxation legislation is introduced by their government. The move will mean that...

Donation is part of a $500m aid package previously announced by the Gulf allies Saudi Arabia and the UAE, which lead a military coalition against the Huthi rebels in Yemen, offered Monday $200 million in aid to the country for the holy fasting month of Ramadan. The donation,...

Plan comes after its rival firm Network International's IPO drew strong demand from investors United Arab Emirates-based payments and foreign exchange company Finablr is set to launch its initial public offering in London on Tuesday in a deal that could raise about $500 million, three...

Newly named Coca-Cola Arena to open with comedian Russell Peters on June 6 followed Maroon 5 on Friday June 14 Coca-Cola has signed a ten-year naming rights deal with Dubai Arena, the 17,000-capacity venue that will open in June with a concert by Maroon 5. The newly-built City...

Developer says it has sold out phase one including Sweden Island, Germany Island, St Petersburg Island and over 80 Floating Seahorse Villas in Dubai Kleindienst Group, the creator of The Heart of Europe project being built off the Dubai coast, has announced a record sales quarter of...

Huge new 400-acre project sits on a site between Yas Island and Saadiyat Island A 5 billion UAE dirham ($1.4 billion) master planned development known as Jubail Island has been launched in Abu Dhabi. The development will be sandwiched between the Yas Island and Saadiyat Island...

Property Finder founder Michael Lahyani says JRD Group's software platforms were the "key driver" of the deal Property Finder, the Dubai-based property portal which completed a $120 million funding round in November last year, has bought JRD Group--the company behind rival portal...

Boutique advisory firms are earning almost a quarter of all investment-banking fees paid in the Middle East, up from just 9 percent in 2009, according to Freeman Consulting Services In the midst of the financial crisis, as bankers around the world worried about their fate, May...