One of the UAE's leading stock brokers says it's time for investors to go bargain hunting, following sharp declines on local markets. Mohammed Ali Yasin, managing director of National Bank of Abu Dhabi Securities, has recommended companies including Etisalat, Emaar Properties and Abu Dhabi Commercial Bank. He told ARN News they're available at cheap prices and represent a good long-term investment opportunity.
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UAE, Philippines agree on additional flight rights
The UAE and the Philippines have agreed to expand air services, clearing the way for UAE national carriers to operate additional flights to Manila.
Dubai launches nationwide campaign to combat economic fraud
The Economic Security Centre of Dubai (ESCD) has launched a nationwide awareness campaign to combat economic fraud, under the slogan "Strong Economy… An Aware Society."
DP World launches 36-hour Dubai-Iraq sea link
DP World has launched a 36-hour maritime service linking Dubai’s Mina Rashid with Iraq’s Umm Qasr Port, offering a faster alternative to overland trucking.
Parkin expands into Abu Dhabi under partnership with DAMAC
The paid parking operator Parkin has signed a five-year agreement with DAMAC Properties to manage around 3,600 parking spaces across the developer’s communities in Dubai and Abu Dhabi.
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