Ultra Music Festival Abu Dhabi and the Middle East Film and Comic Con are expected to go on as scheduled A few upcoming large-scale entertainment events in the nation's capital and Dubai are under consideration following the new coronavirus outbreak in the UAE. Though Ultra Music...

George Flooks said the current value offering in the sector is of 'low, low value' Fitness First Middle East CEO George Flooks has launched a scathing attack about the value offered by the region’s low cost gyms, as the company prepares plans to launch into the budget market...

JLL head of research Dana Salbek said that the tenants should 'definitely' push for lease negotiations in 2020 Dubai’s real estate sector will “hover” near the bottom of the market while it undergoes a “period of stabilisation” over the coming year, even as the rate of decline of sale...

Expo 2020 Dubai said they are working closely with the UAE's Ministry of Health and Prevention Preparations are proceeding as planned for the Expo 2020 Dubai despite mounting concerns over the coronavirus outbreak. The event, which has been dubbed by organisers as “The Greatest...

Infrastructure works for commercial precinct - which will consist of retail, residential, office towers and a promenade - set for early 2021 completion Dubai Maritime City (DMC) said on Saturday it has completed more than 25 percent of phase 1 infrastructure for its AED140 million...

Sources say Abu Dhabi wealth fund is considering a potential investment in Middle East's largest healthcare provider Abu Dhabi wealth fund Mubadala Investment Company is considering a potential investment in NMC Health - a sign the emirate is keen to address the worsening crisis at the...

Apex bank sets up committee along with UAE Banks Federation. The Central Bank has advised UAE banks to grant temporary deferrals on monthly loan payments and reduce fees and commissions for customers affected by the coronavirus. The apex bank said it had set up a committee along...

2019 growth gets us closer to our 2025 trade target of Dh2T: Sheikh Hamdan bin Mohammed Dubai saw remarkable external trade growth in 2019, spurred by its efforts to achieve its 2025 trade target of Dh2 trillion. The emirate's non-oil foreign trade rose 6 per cent to reach Dh1.37...

The move follows the suspension of flights between the two countries for a week, subject to renewal, as part of measures to prevent the spread of COVID-19 The UAE has announced it is coordinating with Iran to operate flights for the evacuation of Iranian visitors in the UAE to return...

The banking sector continues its lead over other business platforms, securing net profit of $12.66bln ABU DHABI - The combined profit of 126 listed Emirati and foreign firms amounted to AED78.52 bn in 2019, a year-over-year (YOY) growth of 7.7 pct from AED72.24 bn, according to the...