Abu Dhabi Department of Energy continues to lay the groundwork for the energy sector's transformation. The Abu Dhabi Department of Energy (DoE) said on Saturday that the emirate's electricity production recorded a 1.4 per cent growth in 2019 as the available capacity increased to...

Some UAE banks have classified their debt exposure to the company as "doubtful" DUBAI: Banks in the United Arab Emirates (UAE) with exposure to troubled hospital operator NMC Health risk having to make provisions for between 25% to 50% on more than $2 billion of outstanding debt to the...

The Dubai Silicon Oasis Authority, DSOA, the regulatory body for Dubai Silicon Oasis, DSO, has developed an in-house Disinfection Tunnel to ensure the health and safety of its employees, customers, residents and the wider community at the hi-tech park. The initiative is in line with the...

Dubai College of Tourism, DCT, an institution established by Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), has announced the launch of its new online tour guide training programme. The course has been designed for individuals looking to become professional certified...

Office rents in both Dubai and Abu Dhabi fell in Q1 2020 Companies in the UAE could introduce modified workplace designs that reflect specific spatial requirements in light of the spread of the coronavirus, a recent report has stated. “Most companies will look to modify the design...

The health sector conducted 29,984 new COVID-19 tests, resulting in the detection of 490 new cases across various nationalities ABU DHABI: Following the complete recovery of 112 patients, the total number of patients in the country who recovered from COVID-19 has increased to 2,090,...

For existing licence holders, the new fee will apply at the time of renewals Dubai Economy has reduced the fee for instant licences by over 90 per cent, from Dh3,000 to Dh250. For existing licence holders, the new fee will apply at the time of renewals. An instant licence can...

NMC Health said last month that they had uncovered $2.7bn of debt hidden from its board, doubling its borrowings to around $5bn Abu Dhabi headquartered NMC Health issued a statement to the London Stock Exchange on Monday requesting for its shares to be delisted “as soon as possible.”...

The Dubai Health Authority (DHA) revealed that Latifa, Rashid, Hatta and Dubai Hospitals, which fall under its Dubai Healthcare Cooperation Sector have received an accreditation from the Joint Commission International (JCI) as a unified healthcare network after meeting the international...

The new directives will remain effective from April 21 – July 31, 2020 The Dubai International Financial Centre (DIFC) has announced new measures for employees and business owners with regards to remuneration, termination and end-of-service benefits that are effective from April 21 –...