Tuesday, 02 June 2020


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Recent News
  • UAE Defence Ministry enters $1.6 bln deal with Lockheed Martin to upgrade F-16 ...

    22:56 | 12/11/17
    DUBAI, Nov 12 (Reuters) - United Arab Emirates' Defence Ministry announced a 6 billion dirham ($1.63 billion) deal with Lockheed Martin Corp to upgrade F-16 jet fighters, a spokesman said on Sunday. more»
  • $27bn Dubai green fund to be laid out this week

    16:11 | 23/10/17
    The World Green Economy Summit set to take place today and tomorrow will set out the first of a series of investments being made under the 100 billion UAE dirham ($27 billion) Dubai Green Fund, according to the chief executive of Dubai's Electricity ... more»
  • Arabtec continues profitable run despite lower Q2 sales

    18:11 | 9/8/17
    The contractor said that for the first six months of the year, revenue increased by 2 percent to 4.25 billion UAE dirhams, while net profit attributable to its parent company stood at 57.4 million UAE dirhams, compared with a loss of 232.8 million UAE ... more»
  • Zelan revises upwards claims against UAE's Meena Holdings to 555.9m dirham

    01:18 | 5/8/17
    The Edge Markets MY
    KUALA LUMPUR (Aug 4): Zelan Bhd has revised upwards its claim against United Arab Emirates (UAE)-based Meena Holdings LLC to 555.9 million UAE dirham (RM647.5 million), from 452.75 million dirham previously. In a filing to Bursa Malaysia today, ... more»
  • Animal rights groups oppose sale of Namibian baby elephants to UAE park

    22:52 | 16/6/17
    However, the director of the 1 billion UAE Dirham ($272 billion) Dubai Safari Park, which is expected to open before the end of 2017, has debunked the allegations saying the animals will not be used to perform stunts and large animals will be allowed ... more»
  • Police hunt thieves who stole 'large quantities' of foreign money from North Devon

    02:26 | 6/6/17
    Devon Live
    Offenders broke a downstairs window to get inside the property in Goodleigh Road between 9am and 5.30pm on Thursday, June 1. They escaped with a large quantity of foreign currency, including Swiss Francs, United Arab Emirates Dirham, Swedish Krona ... more»
  • UAE Dirham celebrates 44 years

    20:37 | 18/5/17
    CPI Financial
    The date also marks the formation of United Arab Emirates Currency Board which issued the new notes bearing various local environmental landmarks and geographical boundaries of the UAE. “The very first denominations were imprinted with landmarks that ... more»
  • INTERVIEW-UAE wants closer trade ties with Asia, Africa

    14:20 | 13/3/17
    By Alexander CornwellDUBAI, March 12 (Reuters) - The United Arab Emirates, one of the Middle East's largest economies, wants to expand trade ties with faster growing nations in Asia and Africa, a senior official said on Sunday. more»
  • UAE to invest $163 billion to diversify energy

    04:33 | 11/1/17
    Dubai: The United Arab Emirates (UAE) announced Tuesday plans to invest 600 billion dirhams ($163 billion) in projects to generate almost half the country's power needs from renewables. more»
  • Dubai Islamic Bank opens 3.16 bln dirham rights issue Tuesday

    23:37 | 6/6/16
    Zawya (registration)
    DUBAI, June 6 (Reuters) - Dubai Islamic Bank will open subscriptions on Tuesday for a 3.16 billion dirham ($860.3 million) rights issue aimed at bolstering the capital base of the United Arab Emirates' largest sharia-compliant lender. The bank is ... more»
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