Auditors said losses of $2.47mln indicate concerns that there may be uncertainty regarding ability to continue as a going concern Board members of Gulfa General Investments Company (Gulfa Invest) are to continue to provide financial support after the company posted 2020 accumulated...

The seasonally adjusted IHS Markit Dubai Purchasing Managers' Index (PMI) posted 50.9 in February, up slightly from 50.6 in January Business conditions in Dubai continued to strengthen in February as output and employment numbers rose amid growing confidence among firms for a strong...

The aerospace industry has undergone an enormous transformation and development, making it one of the most lucrative industries within the startup ecosystem DUBAI: Dubai Airshow 2021 today announced its new dedicated startup event, VISTA, which will be the ultimate platform for...

Pre-paid mobile phone subscriptions totalled 13.178 million by end of December ABU DHABI: The number of telecom subscribers in the UAE, including mobile phones, landlines and Internet, grew to 21.929 million by the end of 2020. The latest statistics released by the...

Siddharth Balachandran, executive chairman and CEO of Buimerc Corporation Ltd, has boosted his stake to 2.58 per cent in BSE Ltd A Dubai-based Indian businessman has become the largest individual shareholder of BSE Ltd, the world’s top stock exchange by the number of listed companies....

Success stories at Dubai Desert Conservation Reserve and Emirates Wolgan Valley showcase results of decades-long investment Emirates SkyCargo champions zero tolerance policy on illegal wildlife trade On the occasion of World Wildlife Day, the Emirates Group has...

The vaccination campaign for hotel employees at The Palm Jumeirah is a pilot programme DUBAI- Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism), in coordination with the Ministry of Health & Prevention and hospitality stakeholders, launched a vaccination campaign...

1,691 recoveries announced in last 24 hours ABU DHABI: The Ministry of Health and Prevention (MoHAP) announced that it conducted 235,797 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. ‏In a statement on Thursday, the Ministry...

Transactions valued at $509mln, says Dubai Land Department Buyer interest remains high in Dubai, with 1,036 apartments and villas sold for 1.87 billion dirhams ($509 million) in one week, according to the Dubai Land Department (DLD). The residential units were among the 4.53...

Airline carried 13.3mln less passengers in 2020 compared to 2019 UAE’s Etihad Airways is looking to complete its turnaround strategy to be profitable in 2023 even after a turbulent year that cut passenger revenues by more than half. The number of travellers that flew with the...