African businesses are keen to start their operations in the UAE and Dubai becomes most sought after as preparations for the mega event Expo2020 Dubai goes in full swing. UAE - Africa has turned into every investor's favourite investment destination as innovation and growth get...

Etihad is one of several airlines and hotels that have partnered with Switzerland-based Winding Tree over the last few years to bypass intermediaries using the distributed ledger technology Etihad Airways, the United Arab Emirates' national carrier, said on Thursday it has teamed up...

New study says average size of e-commerce transactions in the UAE in 2018-2019 was $144 The UAE is the most advanced e-commerce market in the Middle East and North Africa, according to a joint study by Dubai Economy and digital payment solutions leader Visa. It estimates...

Optivo has secured a revolving credit facility from the UK arm of First Abu Dhabi Bank Optivo, one of the largest social housing providers in the UK, has secured a revolving credit facility worth £50 million ($60.6 million) from the UAE's largest bank. The three-year deal with the...

For Q2 2019, off-plan sales recorded $129.59mln, up 129% from Q2 2018 Aldar Properties, the largest property developer in Abu Dhabi, reported a 7 percent increase in net profit at 476 million dirhams ($129.59 million) for Q2 2019 due to higher revenues. The developer behind Abu...

Revenue for the first six months of the year advanced three percent to $242mln SHARJAH - Sharjah-based Dana Gas' net profit jumped 483 percent to US$140 million (AED513 million) in first half of 2019 compared with US$24 million (AED88 million) in the same period last year. This...

Azizi Retail has launched the sale of a total of 329 retail units which are embedded into its communities and residential towers in Dubai UAE-based Azizi Developments has announced the launch of a new retail division to add shops to its growing portfolio of properties across Dubai....

Seven Tides has launched an exclusive promotion in collaboration with Dubai Heights Academy for its Seven Residences The Palm project UAE-headquartered developer Seven Tides has launched an exclusive promotion in collaboration with Dubai Heights Academy for its Seven Residences The...

Middle East-based airlines saw cargo volumes slump by 7% in June compared to the same month last year Middle East-based airlines saw cargo volumes slump by 7 percent in June compared to the same month last year, weighed by weakening demand in Europe and Asia-Pacific. According to...

P&O Cruises announces it will withdraw from Dubai this winter amid continuing tensions over shipping in the Gulf P&O Cruises on Wednesday announced it will withdraw from Dubai this winter amid continuing tensions over shipping in the Gulf. The cruise tourism giant said...