The amendments are part of ADGM's ongoing commitment to international best practices Abu Dhabi’s International Financial Centre, Abu Dhabi Global Market (ADGM), has issued new employment regulations, compensation awards and limits rules. The amendments include new provisions...

Emirates NBD's profit attributable to shareholders rose to $1.36bln in the three months ended September 30 DUBAI - Dubai's largest lender Emirates NBD said on Monday its third-quarter profit almost doubled after the bank reported a gain of 4.4 billion dirhams ($1.2 billion) from the...

Energy used for world showcase six-month event to come entirely from renewable sources Energy used during Expo 2020 Dubai will be 100 percent generated from renewable sources. It forms part of an overall AED4.26 billion ($1.2bn) investment by Dubai Electricity and Water Authority...

(Dubai, 27 th October 2019) Renowned as ‘the best pizza in New York’, Motorino’s Neapolitan pizza hails from Brooklyn NYC and has since become an iconic restaurant in 9 locations worldwide, from Hong Kong to Singapore and now in Dubai, at JA Ocean View Hotel on The Walk, Jumeirah Beach...

Multinational takeovers of homegrown companies proof of emirate's successful ecosystem, nurturing Dubai's successful home-grown technology startups will remain takeover targets for multinational giants, thanks to the strong ecosystem provided to them by the different free zones and the...

Dubai has been selected to host the World Bank's regional meeting of the Working Group of Ease of Doing Business Index in December this year.  The meeting will be held under the patronage of Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, and will be...

New JLL research says Dubai's residential real estate market is showing signs of stability during third quarter Dubai's residential real estate market is showing signs of stability with price declines slowing during the third quarter of 2019, according to JLL. JLL’s latest UAE...

MAF’s portfolio in Egypt includes four shopping malls Total investments of Majid Al Futtaim (MAF) Group in Egypt have reached $2.6 billion, the group’s regional manager Abdullah Al Nokrashy said. The UAE-based shopping mall developer and operator’s projects in the most populous...

In five years, 100% Emiratisation must be observed in supervisory roles, with a few exemptions UAE - Five years from now, Emiratis must cover 90 per cent of jobs in administrative and support services of federal government entities. To achieve this goal, the firms have been told to...

The UAE capital is positioning itself as a key Middle East hub for financial technology firms The financial sector makes up 14.3 percent of the non-oil gross domestic product (GDP) of Abu Dhabi, a senior UAE official said on Wednesday. Speaking at Fintech Abu Dhabi forum, Rashid...