People queuing outside a UK visa service centre in Dubai Image Credit: Janice Leon/Gulf News Dubai: From Sunday June 28, UK Visas and Immigration is beginning a phased resumption of services at Visa Application Centres in Bahrain (Manama), Kuwait (Kuwait City), Saudi Arabia (Al Khobar, Jeddah, Riyadh) and the UAE (Abu Dhabi and Dubai). As […]
The relief package offers both existing and prospective Kizad Freezone customers savings of up to 25 per cent on new registrations and renewals. Khalifa Industrial Zone Abu Dhabi(Kizad), a subsidiary of Abu Dhabi Ports, has announced new packages with up to 36 per cent savings as relief for Freezone businesses, and support SMEs challenged by […]
Dubai’s biggest bank increased impairments more than four times, resulting a 24% drop in its first-quarter profit, according a statement Emirates NBD set aside about $700 million in the first quarter to cover bad loans, giving investors a glimpse at the damage the coronavirus and lower oil prices are wreaking on bank earnings in the […]
US crude crashed to below $15 a barrel on Monday, its lowest level for over two decades, as concerns about a virus-triggered demand shock and lack of storage eclipsed an output cut deal. West Texas Intermediate (WTI), the US benchmark, fell more than 19 percent to $14.73 a barrel in early Asian trade, before markets […]
The BIE’s executive committee will meet virtually on April 21 to discuss the postponement. The UAE government has formally requested the postponement of World Expo 2020 Dubai, the Bureau International des Expositions (BIE) said in a statement on Saturday. Following consultations with the BIE, participating countries and key stakeholders, the UAE has proposed October 1, […]
The Crown Prince of Dubai has put several measures in place to curb the spread of Covid-19. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, is prioritising the wellbeing of his people throughout the coronavirus, Covid-19 pandemic. He has put the following measures in place to curb the spread of Covid-19 […]
DXB Entertainments on Thursday extended the temporary suspension of its theme park and also received relief from creditors. The operator of Dubai Parks and Resorts had earlier announced suspension of its operations until March 31, 2020. Due to the current uncertainty and potential reduction in demand for the remainder of the year, it has decided […]
Union Properties’ share is under unremitting pressure, with analysts now complaining about the need for developer to more upcoming with details. File picture of Uptown Motorcity, one of the residential communities in the portfolio. Image Credit: Gulf News Archive Dubai: Union Properties and Arabtec stocks have not fallen low enough – that’s what analysts are […]
Dubai: The UAE and other GCC stock markets are in partial recovery on Monday from what was the biggest selloff this year, mirroring a similar shift in sentiment seen in global markets. After steep declines on Sunday, Dubai Financial Market (DFM) index regained 2.54 per cent (64 points) at 2,536.66, while Abu Dhabi Securities Exchange […]
1 of 12 Dubai Future Foundation (DFF) was officially recognised as a new Guinness World Records title holder for building the world’s first 3D-printed commercial building. The occasion added to the massive number of over 400 world records the UAE currently set. Image Credit: Supplied 2 of 12 DFF’s Office of the Future was awarded […]
Covid-19: Temporary suspension of Dubai Parks and Resorts extended
DXB Entertainments on Thursday extended the temporary suspension of its theme park and also received...
UK visa services resume in Dubai from June 28
People queuing outside a UK visa service centre in Dubai Image Credit: Janice Leon/Gulf News Dubai:...