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UK’s national carrier, British airways will resume long-haul flight to Dubai from July 17 as air travel I industry is gradually bouncing back. “Our current schedules show the LHR to DXB route will operate every other day from the 17th, Read more
North Carolina-based Bank of America Corp. (BofA) has acquired about 1.51 per cent of Dubai largest bank Emirates NBD for an investment of AED900 million, Arabian Business reports citing an anonymous source. The operation takes as the UAE banking sector Read more
Dubai International Financial Centre (DIFC) has injected funds into four fintech startups, with its fintech fund. The ventures include FlexxPay, a cloud-based B2B FinTech employee benefits platform allowing instant access to earned income; and Go Rise, a start-up building a Read more
Chairman of the Dubai-based Emirates Fly has projected it will take at least 18 months for the travel demands returns to a semblance of normality, Arabia Business reports. Sheikh Ahmed bin Saeed Al-Maktoum issued the warning amid the airline’s report Read more
Authorities in Dubai have extended until further notice the closure of all restaurants, hotels and events centers in the Emirates amid the ongoing containment of the coronavirus pandemic, Arabian Business reports. The Department of Tourism and Commerce Marketing (DTCM) reportedly Read more
Ivanka Trump, adviser to the president of the United States, commended, Sunday in Dubai, Morocco’s efforts in the field of women’s empowerment. Speaking at the opening session of the “Global Women’s Forum 2020”, Ivanka Trump said Morocco has succeeded in Read more
Taiwan has chosen Dubai as the host of its Middle East Tourism Bureau that it intends to open in the first of half of the year. The official launch according to Tourism Bureau Director-General Chou Yung-hui will take place between Read more
The Italian group Preatoni Real Estates has announced the completion of the Dubai Star skyscraper after taking over from the initial developer in 2014 after the project came to a standstill. Dubai Star, a 45-storeybuilding located at the upmarket Jumeriah Read more
Dubai-based Arabtec Holding has won Dubai Properties’ contract to build 352 new villas of its Villanova project in Dubailand. The contract is worth $60.4m “We are delighted that Dubai Properties continue to show confidence in Arabtec Construction through the award Read more
Abu Dhabi-based Goldilocks Investment Company has said it acquired 29.49 per cent of insurer Takaful Emarat. The company did not disclose the amount of the deal but said it would help the firm take advantage of “strong market dynamics” and Read more