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Banking

Six banks control 60 pc of assets in UAE

Emirates NBD alone holds 20pc Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...
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Life

Public holiday for private sector on UAE’s 37th National Day

The private sector will have next Tuesday, 2nd of December, a day off on the occasion of the UAE's 37th national day, according to...
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Real Estate

DAMAC puts on hold expansion plans

Focus on Dubai Projects Property developer Damac have announced profits of Dh500 million for the first nine months of this year, reported Gulf News...
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Economy

Initiatives aiming at stabilizing market prices discussed

H.E. Sultan Bin Saeed Al Mansouri, Minister of Economy, chaired in his office today the fifth meeting of the economic coordination and cooperation...
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Analysis

Property sales in Dubai and Abu Dhabi stand still

Real estate Industry shrinks Property Consultants loose jobs Property sales in Dubai and Abu Dhabi have come to a near standstill, according to real estate industry...
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Aviation

“Rumours abound and this is one of many”

Suggestions have emerged over the past few days that the United Arab Emirates carriers could be considering tighter forms of co-operation. Rumors between Emirates...
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Construction

The Big 5 begins

The Big 5, the Middle East's leading trade fair for the construction industry, kicked off on Sunday (23) . The worsening of the international financial...
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Trade

Gold sales surge 56% in the UAE on lower prices

The UAE gold sales increased by 56% in the third quarter of the year to reach AED4.3 billion (US$1.17 billion) compared to AED2.8 billion...
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Transportation

RTA launches District Taxi and exempts Taxis from Salik Fees in celebration of the UAE National Day

Marking the celebrations of the 37th UAE National Day, Roads & Transport Authority (RTA) announced its decision to exempt all taxis from the...
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