85% of Dubai buildings comply with planning and construction laws DUBAI Dubai Municipality has confirmed that more than 85% of the existing buildings and establishments in the Emirate of Dubai comply with the approved planning […]
DUBAI Nasdaq Dubai has welcomed today’s listing of US$1 billion Sukuk by Dubai Islamic Bank, DIB, on the region’s international exchange. This brings the total value of DIB’s Sukuk current listings on Nasdaq Dubai to […]
ABU DHABI Union National Bank, UNB, yesterday reported net profits of Dh1.58 billion in 2016 with an operating profit of Dh2.35 billion, lower by 13 percent. The operating income for 2016 was Dh3.49 billion, a […]
DUBAI Today, people around the world will be given the opportunity to go on a 360-degree virtual running tour of Dubai with the world’s greatest distance athlete, Mo Farah, as their tour guide. Using the […]
ABU DHABI (WAM) — Foreign investors’ purchases in Abu Dhabi Securities Exchange (ADX) in January 2017 reached AED 3.13 billion, representing 40.4 percent of total buy trades, whereas their sell stood at AED 2.723 billion, […]
DUBAI (WAM) — Damac Properties Dubai, a leading property developer in the Middle East, today announced financial results for 2016. During the year, Damac recorded revenue of AED7.16 billion, with gross profit margins of 56 […]
ABU DHABI (WAM) — Abu Dhabi Airports has awarded a five-year car parking contract for the new Midfield Terminal Complex (MTC) to Zone Parking Solutions LLC. The company will be responsible for the design, supply, […]
RTA signs deal with Tesla to buy 200 electric vehicles DUBAI (WAM) — The Roads and Transport Authority, RTA, of Dubai signed an agreement with Tesla Inc., a world-leading manufacturer of autonomous electric vehicles, to […]
Abu Dhabi Executive Council Committees inspect Al Ain Housing projects ABU DHABI (WAM) — A delegation from the Infrastructure and Environment Committee and the Social Development Committee inspected workflow at a number of ongoing housing […]
Country Example: The Philippines By: Zigfred Diaz “Robert Reich, once observed ‘most minimum wage workers aren’t poor.’ He is right.” – Johny Isakson, U.S Senator (Robert Reich is former U.S department of Labor Secretary) Minimum […]