Foreigners can now buy up to 49% of Du shares

DUBAI 24 February 2021: The Emirates Integrated Telecommunications Company (Du), announced that it has raised its foreign ownership limit to 49 percent. In a filing to Dubai Financial Market, the company said effective 23 February […]

Aldar Estates acquires Asteco Property Management

ABU DHABI 12 February 2021: Aldar Estates has acquired Asteco Property Management LLC and all its branches across Abu Dhabi and Dubai. Through the acquisition, Aldar Estates will scale up its existing integrated estate management […]

More foreign businesses opt for UAE

ABU DHABI 3 February 2021: The total number of Gulf and foreign businesses operating in the UAE grew to 3,899 by end of January 2021, according to the UAE’s National Economic register (NER). This significant […]

Dubai gets first shipment of AstraZeneca vaccine

DUBAI 3 February 2021: The Dubai Health Authority (DHA) yesterday announced that the first shipment of the AstraZeneca Covid-19 vaccine has arrived from India at Dubai Airport. DHA will be making the AstraZeneca vaccine available […]

US-Bangla Airlines starts flights to Dubai

DUBAI 3 February 2021: Dubai International (DXB) further bolstered its connectivity to the subcontinent with the launch of the US-Bangla Airlines flights between the Bangladeshi capital city of Dhaka and Dubai on February 1st. The […]

Dubai announces new precautionary measures

DUBAI 2 February 2021: Dubai’s Supreme Committee of Crisis and Disaster Management yesterday announced a new set of precautionary measures aimed at safeguarding the community from Covid-19, effective 2 February until the end of the […]

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