Package A will run for 139km from Ghuweifat on the UAE border with Saudi Arabia to Ruwais, where it connects with stage one of the network Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, chairman of Etihad Rail, has launched the construction works of Package A of stage two of the...

One client seeks to refinance London healthcare facility, another to acquire logistics hub in Edinburgh Abu Dhabi Islamic Bank (ADIB) has provided $87 million to help finance two deals in the United Kingdom that are valued more than $200 million. The bank said on Wednesday that it...

This action concludes the review for upgrade initiated on 8th November, 2019 DUBAI: Moody’s Investors Service has upgraded the corporate family rating of Dubai Aerospace Enterprise, DAE, Ltd to Baa3 from Ba1, and the senior unsecured rating of subsidiary DAE Funding LLC to Baa3 from...

Hours of operations on Dubai Metro's red line will change on Fridays for the next few weeks, the RTA announced The hours of operations on Dubai Metro's red line will change on Fridays for the next few weeks, Roads and Transport Authority (RTA) announced on Wednesday. Commencing...

Dubai ruler and Abu Dhabi crown prince tour the Expo 2020 site; say the UAE is the 'perfect host' for the mega event Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, on...

International credit insurance from ECI to provide additional impetus to exports Conares, the biggest private sector steel manufacturer in the UAE, is aiming to double its turnover to 2 billion UAE dirhams ($544.5 million) over the next two years by increasing capacity utilisation and...

Barakah will be the UAE's first nuclear plant and the world's largest when complete DUBAI- The United Arab Emirates' nuclear power plant's first reactor is ready to start operating, state news agency WAM reported on Tuesday. Operator Nawah Energy Company is concluding the final...

UAE retailer says jewellery prices soar as outbreak spreads Continuing fears over the coronavirus could further underpin gold and push jewellery prices higher, analysts have said. The precious metal climbed to its highest level in more than two weeks on Monday, before inching...

DUBAI -- As part of the strategic cooperation between Dubai Police and Dubai Sports Council (DSC), His Excellency Major General Abdullah Khalifa Al Marri, Commander-in-Chief of the Dubai Police, has inaugurated a Sports Centre inside the detention centre at Al Barsha Police Station. The...

DP World has expanded the portfolio of Rwanda's imports and exports by opening the country's first fully fledged cold storage DP World has expanded the portfolio of Rwanda’s imports and exports for fresh produce and various perishable goods through the opening of the country’s first...