Dubai airport, Tripoli roads upgrade to cost Dh1 billion
By Rajive Singh DUBAI: The contract for the improvement of Tripoli Road in a 12 km stretch to provide a link between the Sheikh Mohammed bin Zayed Road and the Emirates Road at a cost of […]
Business
Dh2.5 billion Emirati District to be ready late 2019
By Rajive Singh ABU DHABI: Abu Dhabi General Services Company, Musanada, announced the progress of infrastructure works of the Emirati District project in Madinat Zayed – Abu Dhabi within blocks 3, 4 and A2 according […]
$150 million AFC sukuk transaction on Nasdaq Dubai
By Rajive Singh DUBAI: Africa Finance Corporation (AFC) has carried out a $150 million Islamic financing transaction on the Murabaha platform of Nasdaq Dubai, the international financial exchange serving the Middle East and Africa. The […]
Dubai Holding: From used furniture to Dh100bn billion
Gergawi receives nod to hand over reins of Dubai Holding By Angel Chan DUBAI: According to Mohammed Al Gergawi, Chairman, Dubai Holding started from rented offices with used furniture some 18 years ago. Today, the […]
Oil producers achieve 86% conformity to output cut
By Angel Chan VIENNA: Opec and non-Opec producers have achieved a conformity level of 86 percent and are on the on the right track towards full conformity with their adjustments in production, the Joint OPEC-Non-OPEC […]
Idex 2017 ends with 90 deals worth over Dh19 billion
By Sheena Amos ABU DHABI: The 13th edition of the International Defence Exhibition and Conference, Idex and fourth Naval Defence Exhibition, Navdex, concluded today with a cumulative of 90 deals worth over Dh19 billion signed […]
UAE shares rise Dh25.5 billion on back of EIB
By Rajive Singh ABU DHABI: Ups and downs in the UAE stock markets dominated today’s session amid liquidation margin, driving the general index of Abu Dhabi Securities Exchange up by 0.34 per cent or 4,653 […]
UAE starts on 100-year plan to settle planet Mars
By Rajive Singh DUBAI: The UAE has started work on its ambitious plan to have a settlement on planet Mars by year 2117. And the responsibility to put UAE on Mars has been given to […]
Smart parking comes to Dubai at DWTC, Al Rigga areas
Know vacant spots through your app By Angel Chan Smart car parking has been introduced in Dubai starting with the Dubai World Trade Centre (DWTC) and Al Rigga areas. The Roads and Transport Authority (RTA) […]
UAE Navy buys fire-and-forget anti-ship missiles
By Angel Chan ABU DHABI: MBDA, a world leader in missile systems, has been awarded a contract by the UAE Navy to supply additional Marte MK2/N anti-ship missiles, the company announced last night at the […]