Dubai-based group said that 2018 profit included a one-off gain on merger and acquisition transaction Dubai Investments has said that its annual net profit increased to Dh657.55 million ($179 million) last year compared to Dh651.43 million in the corresponding period. In a...

The waived fees include those for medical training activities, schools awareness campaigns and entry fees to public libraries, among others DUBAI: H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, approved a decision...

With 740 locations in 140 cities across 37 countries, there are over 662,000 WeWork memberships worldwide Hub71, Abu Dhabi’s tech ecosystem, has officially launched WeWork x Hub71, three floors of workspace offering 1,200 desks for members to innovate, collaborate and connect in Abu...

Banking major says it saw significant increase in investment income as total assets rise by nearly 12% Dubai banking major Mashreq on Monday reported AED2.1 billion ($570 million) net profit for 2019, on a par with the previous year. The bank said it saw a significant growth in...

Officials say new discovery reinforces the nation's goal of achieving gas self-sufficiency The UAE announced on Monday the discovery of 80 trillion standard cubic feet of shallow gas resources in place between Saih Al Sidirah and Jebel Ali in the emirates of Abu Dhabi and Dubai...

Other Gulf states that have suspended flights to and from China include Saudi, Qatar and Oman DUBAI: Emirates and Etihad Airways will have to suspend flights to mainland China, except Beijing, from Wednesday after the United Arab Emirates halted most flights between the two countries...

The UAE Ministry of Health and Prevention announced a new case of Coronavirus infection in the country, and added that the patient was stable and under medical care.  He arrived from the Chinese city of Wuhan. Since the outbreak of the disease in China, only five cases have so far been...

Dubai's Roads and Transport Authority (RTA) has announced that the construction of the brdges leading to the entrance of Deira Islands has been 75 per cent completed.  The scope of works includes the construction of three bridges of six lanes in each direction linked with the bridge...

Abu Dhabi's hotel industry registered solid growth during the fourth quarter of 2019 with the revenues hitting Dh1.84 billion ($501 million), up 3.5 per cent over the previous year's figures of Dh1.774 billion ($483 million), according to data released by the Statistics Centre - Abu Dhabi...

Companies are conducting health checks for their workers Be it in retail, healthcare or the industrial sector, employers across the UAE are taking steps to ensure the safety of their employees from novel coronavirus (nCoV), which has been spreading fast globally. In the UAE, five...