Dubai’s Arabtec Swings To Q4 Loss, Blames High Expenses
Dubai's largest construction firm, Arabtec, swung to a net loss of 94.4 million dirhams ($25.7 million) in the…
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Dubai
Egypt Minister: Started to Devalue Pound to Solve Repatriation Problem
Egypt has started to devalue its currency in order to address the shortage of hard currency which is still making…
Fire Rips through Torch Skyscraper in Dubai
A fire has swept through the Torch skyscraper in Dubai, one of the tallest residential buildings in the world.…
Dubai’s Drake & Scull Q4 Profit Falls 70%
Dubai's Drake & Scull reported a 70 percent drop in fourth-quarter net profit on Sunday. The contractor made a…
Egyptian Premier meets with UAE Emaar meet for New Investments in Egypt
Egyptian Prime Minister Ibrahim Mahlab met Wednesday with Mohamed Alabbar - Chairman of Emaar Properties - on the…
Dubai Shares Lead Gulf Stocks Higher as U.S. Confidence Grows
Shares in Dubai rose to the highest level in more than two weeks following a record close for U.S. stocks last…
Dubai Investments Sees $2.7 Billion of Property Projects
Dubai Investments PJSC plans 10 billion dirhams ($2.7 billion) of real-estate projects in the next five years as it…
Dubai’s Arabtec Says Plan For $40 Billion Egypt Housing Scheme Nearly Completed
Dubai construction company Arabtec ARTC.DU is close to completing the planning and design stage of its $40 billion…
Dubai’s Emaar Looks To Raise $1.58 Billion From Malls Unit’s IPO
Dubai's Emaar Properties EMAR.DU is seeking to raise as much as 5.8 billion dirhams ($1.58 billion) from an initial…
Plane Carrying Americans Reaches Dubai After Being Diverted To Iran
A chartered aircraft carrying about 100 Americans from the U.S. airbase at Bagram, Afghanistan, has landed safely…
