LATEST ARTICLES

Nasdaq Dubai’s move to offer Saudi futures welcomed by market analysts

The announcement by Nasdaq Dubai on Monday that it will begin offering futures contracts on some of Saudi Arabia's biggest stocks has been welcomed by market participants, who have told Zawya that they expect trading in these to...

Platform for success: Souq.com’s Ronaldo Mouchawar on his winning formula

“We lost 80 percent of our revenue in one night,” says Ronaldo Mouchawar, CEO and founder of e-commerce platform Souq. Mouchawar is referring to the moment in 2011 when his company changed its initial auction...

UAE to feel impact of tropical cyclone this weekend

A tropical cyclone over the Arabian Sea, which is edging closer towards Oman's coastline, will affect the weather in the UAE. Some parts of the UAE would experience rainy and thundery conditions following the...

Dubai’s Careem said to weigh $500m in funding

Careem, which competes with Uber in the Middle East, is in talks with investors to raise $500 million, according to people familiar with the matter. The Dubai-based ride-hailing company plans to raise the money as...

Watch: drone footage shows progress on Expo 2020 Dubai site

Construction is well advanced on the three Theme Districts that form the core of the Expo 2020 Dubai site, organisers said in an update on Wednesday. Foundations are complete and buildings continue to rise from...

RTA to install 6,500 surveillance cameras in Dubai taxis

Dubai’s Roads and Transport Authority (RTA) has begun installing surveillance cameras in all taxis affiliated to the Public Transport Agency. The transport authority said the new cameras will monitor the conduct of taxi drivers and...

Only 32% of UAE residents would recommend their bank, survey shows

Only a third of UAE residents would actively recommend their bank to friends and family, according to a new survey from personal finance comparison website Souqalmal.com. In the 2018 edition of its bank satisfaction survey –...
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The Shindagha Bridge Project video

The Shindagha Bridge is part of the AED5 billion Shindagha Corridor Project extending 13 km along Sheikh Rashid Street.

Mohammed bin Rashid launches construction of AED394 million Shindagha Bridge project

HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, accompanied by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of...

Weather alert: Brace for cloudy, rainy weekend in UAE

Though parts of the UAE saw light to moderate rainfall on Wednesday morning, the chances of it continuing over the next couple of days is unlikely. However, a spokesperson from the National Center of...