Articles
Saudi offers to fly home stranded Indian expats and chase employer for lost wages
Saudi labour minister Mufrej Al Haqbani says problem is confined to 'just one company' which had admitted to mistakes.
Middle East decline sees Hill International’s Q2 net profit fall 66%
Slump occurs ahead of anticipated showdown at company's annual general meeting next Thursday.
Refurbished Dh7.5m Emirates Hills town house well above par
This recently-upgraded three-bedroom town house is on the doorstep of the district’s Colin Montgomerie-designed golf course.
Russian interest in Dubai property picking up amid slow rouble recovery
According to real estate portal Propertytrader.ae, there has been a 'definite increase' in visits from Russians to its site since the start of this year.
Emirates plane fire: Boeing 777 ‘backbone of airline’s fleet’
The Boeing 777 has been described by Emirates as “the backbone of our fleet”. The airline is the world’s biggest operator of Boeing’s 777 models, and is the only airline to fly all six of the 777’s different variants.
Plight of Saudi Arabia construction sector highlighted as expats sent aid by home governments
The Philippines' Overseas Workers Welfare Administration is offering one-off grants to workers who are either still in the kingdom or who have been repatriated to the Philippines without pay or end-of-service benefits.
Atkins shifts people into property as Middle East transport and infra work slows
The company said design work for both the Riyadh Metro and the Doha Metro Gold Line is continuing, but that cash collection 'remains a key focus across the region and we continue to monitor the liquidity situation closely'.
Dubai Investments to continue diversification after ‘solid’ first half
The company said that its total income for the period rose by 18 per cent to Dh1.37 billion from Dh1.17bn, which it attributed to a 20 per cent increase in rental income.
Dubai’s Emaar Properties reports 8% rise in Q2 profit, now in ‘exciting phase of growth’
Chairman Mohamed Alabbar said 'exciting times' lie ahead for developer as it embarks on start of Dubai Creek Harbour scheme.
DIP-based companies reach 4,600 as investors take advantage of park’s proximity to Expo 2020 site
Omar Al Mesmar, the general manager of DIP, said that its proximity to the Expo 2020 site made the park 'a favoured option for investors and end users, with pent-up demand for logistics, accommodation and ancillary services'.
Saudi Arabia construction market has dropped by 80 per cent, says Al Khodari chief
Al Khodari last week posted a net loss of 43.3 million Saudi riyals (Dh42.1m) for the second quarter of 2016.
Housing decree for low-wage UAE workers will not push up costs, say experts
The decree issued by the Ministry of Human Resources and Emiratisation states that any employer hiring more than 50 workers must provide free housing for staff is due to come into force in December this year.
SME profile: Building businesses in DNA of D-Town Enterprises founder
Rowdha Ali Mohammed Al Sakit's great-grandfather used to have his own dhow and would trade on the seas, while her grandfather is the founder of Al Abbar Group.
Abu Dhabi cooling firm Tabreed enjoys steady growth
Tabreed has announced a 5 per cent increase in net profit for the first half of this year to Dh160.5 million.
