A container ship is unloaded at the Virginia International Gateway terminal in Norfolk, US, on Thursday. Associated Press
May survey data for Dubai’s private sector non-oil economy continued the recent twin themes of strengthening output growth and weak job creation.
After months of hand-wringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 US homebuilder PulteGroup this week were ready for the worst. Their trepidation was justified. New home sales across the country had fallen for three consecutive quarters to close out 2018.
With less than 19 months left for the inauguration of the Expo 2020, its organisers have further speed up the pace of allocating contracts to thousands of local and foreign firms to ensure timely preparation of the event, which is set to be the largest of its kind in the Arab World.
A 63-year-old US-based global non-profit non-partisan organisation into educating the world about Asia is honouring Sheikha Hoor Al Qasimi, daughter of UAE Supreme Council Member and Ruler of Sharjah His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi and Her Highness Sheikha Jawaher Bint Mohammed Al Qasimi, for bridging understanding through the arts and culture.
The UAE Cabinet has approved a landmark decree amending certain provisions of the existing “commercial transactions law” to allow drawers and payees of bounced cheques additional opportunities at reconciliation.
Tower A, the Elite building of Bloom Towers, consists of 255 premium residential units ranging from one-bedroom to three- bedroom apartments with sizes from 700 to 1,600 sqft available to purchase with prices starting from Dhs750,000, offering homeowners and investors great opportunities to secure exceptional long-term value and a guaranteed 8% return on investment for three years.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a new market under the umbrella of Nasdaq Dubai.
Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Group CEO of the Abu Dhabi National Oil Company (Adnoc), reinforced the close and deep-rooted economic ties between the United Arab Emirates