Dubai: Following years of turmoil, the shareholders of embattled retailer Marka voted on Wednesday morning to liquidate the business, after a last ditch attempt at turning the company’s finances around failed. Around 90 per cent of shareholders in attendance voted to file for bankruptcy, according to Khalid Bin Kalban, chairman of board. The company, which […]

WASHINGTON: US industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts continued to slide. Industrial output — reflecting total production at factories, utilities and mines — dropped 0.5 per cent in April after a 0.2 per cent March gain, the Federal Reserve reported Wednesday. […]

Dubai: Arabtec Holding, the Dubai-listed construction firm, reported on Wednesday a 50 per cent plunge in its profits for the first quarter of this year as it recorded some losses on one of its investments. The company also announced that its chief executive officer, Hamish Tyrwhitt, has stepped down from his position, and will be […]

The authority has activated three new services on its portal for visa-seekers.

Sheikha Jawaher took to Twitter to express her concern over using the acronym.

The court ordered the school to pay Dh140,000 in blood money.

Priyanka Chopra was bullied in high school because of her skin colour. The ‘Quantico’ star has opened up about the ” More…

Ramadan is expected to be 30 days in most countries.

Majid Al Futtaim today rang the market-opening bell at Nasdaq Dubai to mark the listing of the world’s first benchmark More…