Home next GCC next UAE

UAE

Qatar Insurance renews Abu Dhabi licence after saying it would close branch

The branch will continue to conduct normal activities, Qatar Insurance said in a bourse statement

UAE cleaning start-up Justmop.com closes series A funding round

Participants in the round included Turkish internet entrepreneur Nevzat Aydin’s Oak Capital

UAE’s ADNOC to venture into privatisation, oil trading

The state firm plans to sell at least 10 per cent of its fuel retail unit in an IPO

Dubai mega sale to begin this week

Discounts of up to 90 per cent are being offered on a range of brands

ADNOC listing could raise up to $2.8bn

Abu Dhabi is pushing its state companies to list on the bourse with the hope of luring foreign investors

Abu Dhabi licence plate sells for $2.75m

Abu Dhabi Police sold 60 number plates to mark its 60th anniversary

Dubai Land Department updates rental index for 2018

The update comes in the context of stagnant conditions in the emirate’s rental market

UAE confirms national day holiday for government workers

The holiday is to mark Commemoration Day on November 30 and National Day on December 2

UAE-based Pure Harvest closes $4.5m seed funding round

Backers of the company include Careem founder Magnus Olsson and Abraaj Group director Hazem Abu Khalaf

Dubai’s Emaar Properties to raise $1.3bn in development unit IPO

The assets of Emaar Development include 49 units in Dubai’s Burj Khalifa

UAE’s ADNOC, China National Petroleum explore offshore collaboration

CNPC holds an 8 per cent interest in Abu Dhabi’s 40-year onshore oil concession

Flydubai orders 225 Boeing 737 Max aircraft

The order includes 175 jets and purchase options for 50 more

Almost a third of Dubai’s adults are diabetic or pre-diabetic

A new survey has looked at prevalence, undiagnosed cases and pre-diabetic cases for the first time

Abu Dhabi’s Eagle Hills awards main contract for Address Fujairah

Grading and marine works at the site have already been completed

UAE announces $684m Raytheon bomb deal

The UAE also signed agreements to purchase artillery from Germany’s Rheinmetall

Dubai International Financial Centre launches $100m fintech fund

Dubai is among the regional cities looking to become the Middle East’s fintech hub

UAE citizens get visa-free entry to Tajikistan

Several other countries have also eased their visa requirements for UAE nationals this year

Dubai Courts to issue fines for minor offences

Tourists in particular are expected to benefit from the change

UAE’s Air Arabia, Bahrain’s Gulf Air sign leasing deals

Air Arabia’s current fleet comprises 50 Airbus A320s

Listings site Dubizzle acquires two real estate platforms

Dubizzle claims to be the UAE’s largest property portal

UAE’s ADNOC plans to list at least 10% of fuel distribution business

ADNOC Distribution is the leading fuel distributor in the United Arab Emirates

Dubai’s Emirates wants guarantee on A380 output before placing new order

Delegates said Airbus was trying to finalise a deal but any announcement would not come before midday on Monday

Abu Dhabi’s Aldar reports 18.45% dip in Q3 profit

The company also announced the appointment of a new CEO

UAE agrees $1.6bn deal with Lockheed Martin to upgrade F-16 fighters

The UAE is also interested in fifth-generation fighter jets with a preference for Lockheed Martin’s F-35

UAE’s tax authority urges businesses to pay excise tax by November 15

The fine for late payments is capped at 300 per cent of the unpaid tax

Robots join the customer service team at Dubai’s DEWA

The role of the robot staff is to ‘enrich the experience of customers’

First phase of Dhs1bn roads project opens in Dubai

The project aims to ease traffic density by 15 per cent on Sheikh Zayed Road between the 1st and 2nd interchanges

Profit at Abu Dhabi's Mubadala climbs 12.4%

UAE’s Mubadala and French groups in $1.2bn investment plan

The deal has been signed with French state-backed investment vehicles CDC International Capital and Bpifrance

UAE asks banks for information on accounts of 19 Saudis, including Alwaleed

Banks have not been asked to freeze the accounts

Dubai Frame ticket prices revealed ahead of November opening

The Zabeel Park attraction is set to open by the end of the month