Emirates NBD reports Dh7.1b net profit, up 39%

Dubai; Emirates NBD (EmiratesNBD), the largest bank in the UAE by total income, net profit and branch network reported a net profit of Dh7.1 billion for the full year 2015, up 39 per cent compared to the previous year year ..... Read more »

Posted on : 1/18/2016


Dubai developer Damac launches Dhs 850m project within Akoya Oxygen

Dubai developer Damac Properties has launched a new hotel and residences project within its Akoya Oxygen master development..... Read more »

Posted on : 1/17/2016


Emaar awards construction contract for Dubai Creek Residences project

Emaar Properties has awarded the construction contract for its upcoming Dubai Creek Residences project to Dubai-based Al Basti & Muktha (ABM), the developer announced on Wednesday..... Read more »

Posted on : 1/13/2016


Oil may rebound end 2016, says UAE minister

UAE Minister of Energy Suhail bin Mohammed Faraj Al Mazroui has expressed his optimism that plummeting oil prices will recover sometime before the end of the year..... Read more »

Posted on : 1/13/2016


UAE will have 5G network by 2020 - du CEO

The United Arab Emirates is expected to rollout 5G network across the country before 2020, the chief executive officer of telecom operator du has confirmed..... Read more »

Posted on : 1/12/2016


Abu Dhabi's $1bn Reem Mall gets final approvals

The upcoming Reem Mall in Abu Dhabi has been granted detailed planning approval by the Urban Planning Council (UPC), it has been announced..... Read more »

Posted on : 1/12/2016


Dubai Canal to feature bridge mall with rooftop park

The Dubai Canal project will include a three-level mall that spans both sides of the water, it was revealed at the weekend..... Read more »

Posted on : 1/11/2016


Ghassan Aboud Cars capped off year with new global automotive export industry expansions

Ghassan Aboud Cars, a Dubai-based exporter of new vehicles, genuine accessories and spare parts, concluded 2015 with a huge impact in global automotive export industry by increasing its exporting to 106 countries — a 10 percent increase from 2014..... Read more »

Posted on : 1/10/2016


Gulf economic integration to strengthen UAE's role

The Ministry of Finance (MoF) organised an introductory meeting on Gulf Economic Integration at the Ministry of Presidential Affairs in Abu Dhabi to strengthen the UAE's strategic role in this area..... Read more »

Posted on : 1/8/2016


Emirates, Etihad rank among world's safest airlines for 2016

Dubai airline Emirates and Abu Dhabi’s Etihad Airways have been ranked among the top 20 safest airlines globally for 2016 by AirlineRatings.com..... Read more »

Posted on : 1/8/2016