Coronavirus infections are decreasing in the United Arab Emirates, as the Ministry of Health and Prevention (MoHAP) announced 620 new coronavirus cases, bringing the total number of recorded cases in the UAE to 728,886. The ministry stressed in a statement that its aim to continue...

DFM sees growing investor interest in equity futures The Dubai Financial Market (DFM) is set to roll out new equity futures contracts as part of its strategy to diversify investment opportunities. The new contracts on individual stocks of three listed companies, Dubai...

The trade sector in Dubai remains strong despite the current headwinds, Dubai Chamber said Dubai’s exports and re-exports surged to 147 billion dirhams ($40 billion) in eight months, fuelled by a rebound in trade activity as the Expo 2020 draws closer, according to the Dubai Chamber....

Etisalat, Emirates Steel and TAQA will now prioritize local ICV-certified suppliers above other entities bidding for commercial contracts Abu Dhabi: The Ministry of Industry and Advanced Technology (MoIAT) signed three separate memoranda of understanding (MoU) with Etisalat, Emirates...

When completed Barakah will have four reactors with total capacity of 5,600 megawatts DUBAI - Barakah nuclear power station in the United Arab Emirates began operating its second reactor, the Abu Dhabi government media office said on Friday, after the first reactor started commercial...

Under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Police General Command, in partnership with dmg events and the support of the International Association of Chiefs of Police, is organising the...

Chapman Taylor, a key architect and masterplanner, recently unveiled the masterplan concept for Al Reem Residential Community, a large, multi-tower housing and hospitality scheme on Abu Dhabi's Al Reem Island.  The ambitious urban design creates a new city district which combines...

Dubai recorded the highest daily public transport ridership since the start of the pandemic with more than 1.3 million passengers on Thursday. Mattar Al Tayer, Director General and Chairman of the Board of Executive Directors of RTA Dubai, “The record number of public transport...

Abu Dhabi has issued fresh guidelines for Indian travelling to the UAE. The emirate said that Indian passengers holding visas issued by other Emirates can enter Abu Dhabi by adhering to the protocols. The statement was made by Air India Express. The statement read, “Holders of all...

Mortgage transactions increased by 91% during the first half of 2021 compared to the second half of 2020 The first half of 2021 witnessed an upsurge in mortgage-backed sales in Dubai as attractive interest rates and property prices encouraged several investors and long-term tenants to...