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Dubai Investments reports 17% increase in second quarter profits

Dubai Investments has reported a profit of AED 151 million for the second quarter of 2019, an increase of 17% when compared to the...
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Projects

Meydan One to Bring First Cinépolis Cinema to Dubai

World’s fourth-largest cinema chain to open in Dubai in 2020 New megaplex to boast 21 screens, luxury lounge Formats to include Macro XE,...
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Aviation

Dubai World Central customer numbers top 1.2 million in H1

Passenger traffic at Dubai World Central (DWC) surged to 1.2 million during the first half of 2019, compared to 517,813 during the same period...
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Technology

UAE Leads Regional AI Market

The UAE’s recently-launched Artificial Intelligence Strategy 2031 is pioneering the Middle East and Africa’s artificial intelligence (AI) market topping USD 530 billion by 2022,...
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Markets

DME records strong growth in forward trading; record number of participants

Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1 Record number of participants trading Oman futures contract in 2019 ...
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Economy

Dubai Economy unveils R&D platform initiative to boost competitiveness

Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai R&D collaboration to eventually bring financial benefits to...
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Markets

Equity markets expected to be influenced by more earnings announcements

Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...
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Transportation

Dubai ranks 5th in International Shipping Centre Development Index

The latest report by Baltic Exchange for trading and shipping and the Xinhua news agency of the China Economic Information Service based in London...
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For Homebuyers

DLD launches integrated system for real estate governance

The Dubai Land Department, DLD, through its regulatory arm Real Estate Regulatory Authority, RERA, launched a first-of-its-kind electronic system titled "Mollak" that incorporates innovations...
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