May 1, 2017 no comments 877
Dubai: Facing macroeconomic headwinds, retail banking business in the UAE has been facing anaemic asset growth, margin pressures and lingering loan impairments in the past several quarters. Despite the challenging regional economic environment, the first quarter results of Emirates NBD...

April 30, 2017 no comments 1635
Shoppers reveal they check Instagram 21 times a day on average A total of 63 percent of beauty buyers in the UAE have greater trust in brands that have a presence on the photo sharing app Instagram, with 45 percent saying their mobile device is becoming their most important shopping tool,...

April 30, 2017 no comments 1636
Petrol prices have been hiked by an average of 3.2 per cent from April The UAE will be increasing fuel prices in May, the energy ministry announced on Sunday. Petrol prices have been hiked by an average of 3.2 per cent from April while diesel prices are up by 1 per cent. In May,...

April 30, 2017 no comments 1560
The company made a net profit of $25m in the three months to March 31 Dubai-based courier Aramex reported a 5 per cent fall in first-quarter net profit on Sunday. The company made a net profit of Dhs91.8m ($25m) in the three months to March 31, it said in a statement. This compares...

April 30, 2017 no comments 1561
The governor of Dubai has officially opened the world's largest salon Lamborghini in the emirate. His Highness the sheikh Muhammad bin Rasheed Al Maktoum has officially opened the world's largest salon Lamborghini in Dubai. The new three-level showroom is located on Sheikh Zayed Road...

April 30, 2017 no comments 1354
Dubai Islamic Bank, the largest Shariah compliant lender in the UAE, said its Kenyan subsidiary, DIB Bank Kenya, has been granted licence by the central bank to carry out operations in the east African nation. With this approval, DIB Bank Kenya has become the third fully Shariah compliant...

April 30, 2017 no comments 1392
The total number of passengers that passed through Sharjah International Airport in the first quarter (Q1) of 2017 grew to 2.741 million, up from 2.687 million passengers during Q1 2016,marking an increase of 2 per cent, a report said. Aircraft movements also increased to 18,569 in the first...

April 30, 2017 no comments 1410
Dubai: More bridges and flyovers will be added to the multi-deck road project that is currently under construction, connecting Jumeirah with Al Khail Road, providing unhindered movement of traffic bypassing Shaikh Zayed Road, the Roads and Transport Authority (RTA) announced on Saturday....

April 29, 2017 no comments 1378
It is 75% made of ancient gem stone amber While the UAE is dotted with beautiful, lavish mosques across the emirates, imagine having a private one in your own backyard or garden, or in your office. Dubai was introduced to a novel concept of a 'precious little' portable mosque on Thursday...

April 29, 2017 no comments 1550
Owners asked to approach traffic department to get their vehicles back The Dubai Police have asked owners of 654 confiscated vehicles to contact the department concerned before the end of three months' grace period on May 25 failing which these will be auctioned for sale. Major...

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