FDI reinvestment projects accounted for 11% of the total FDI projects in the emirate DUBAI: Dubai continued to maintain its leadership position among the world's preferred destinations for foreign direct investment (FDI), attracting AED15.9 billion (US$4.3 billion) of FDI capital...

There were no casualties resulting from the attack and the fragments of the ballistic missile fell in different unpopulated areas. ABU DHABI: The UAE’s Ministry of Defence (MoD) announced Monday that its air defence forces had intercepted and destroyed a ballistic missile launched by...

Featuring an iconic design, the boat’s world premiere will be held in Dubai DUBAI: Swiss based start-up THE JET ZeroEmission announced that it has inked an agreement with Zenith Marine Services LLC, a UAE based company; and DWYN LLC to manufacture and operate ‘THE JET’ – the first...

The UAE announced the interception and destruction of a ballistic missile launched towards it by the Houthi terrorist group on Monday. The Ministry of Defence (MOD) said in a statement that the armed forces have intercepted and destroyed a ballistic missile launched towards the UAE....

The UAE Public Prosecution (PP) explained on Saturday, through posts on its social media accounts, the penalties for collecting and processing personal data and information in contravention of laws. According to Article 13 of the Federal Decree-Law No. 34 of 2021 on Combatting Rumours...

MoFAIC expressed its solidarity with brotherly Iraq in the face of terrorism ABU DHABI: The UAE has strongly condemned the terrorist missile attack that targeted Baghdad International Airport and caused material damages. In a statement, the Ministry of Foreign Affairs and...

The top transaction was a land in Al Thanayah Fourth sold for AED 50 million DUBAI: A total of 1,724 real estate transactions worth AED4.9 billion were conducted during the week ending 28 January 2022 in Dubai, according to figures released by the Dubai Land Department. A total of...

Two global surveys have placed UAE on top of the list when it comes to pandemic resilience The UAE once again has been placed at the top of the Bloomberg pandemic resilience ranking that measures the resilience and response of the world’s biggest 53 economies to the Covid- 19 pandemic....

Country leads Middle East region in terms of jewellery sales The Middle East gold jewellery market had a bumper year in 2021, with demand across major countries posting double-digit growth and recovering the losses in 2020, according to the latest data from the World Gold Council....

The significant restoration of services will include Addis Ababa, Ethiopia; Dar El Salaam, Tanzania; Nairobi, Kenya; Harare, Zimbabwe; Emirates’ three South African gateways Johannesburg, Cape Town and Durban DUBAI - Emirates will resume passenger operations between Dubai and five...