The UAE's market regulator has formed a forensic audit committee to review Drake and Scull.
It's after the company’s current management blamed its previous management and Board of Directors for losses of AED 5 billion incurred in 2018.
The company had filed an official complaint with the UAE Securities and Commodities Authority to pursue action against members of the previous executive management.
They said it was done to protect shareholders’ rights.
UAE condemns Damietta Port incident, Egypt investigation continues
The UAE has strongly condemned the drone attack targeting two vessels at Damietta Port in Egypt on Wednesday.
H.H. Sheikh Mohamed announces scholarships for Serbian students at UAE universities
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed scholarships for Serbian students to study at UAE universities.
Abu Dhabi sets January deadline to remove junk food at supermarket checkouts
Starting January 1, supermarkets across Abu Dhabi will not be allowed to display junk food at checkouts and "high-traffic locations" as authorities step up efforts to promote healthier food choices for the community.
Sheikh Abdullah expresses UAE's solidarity during call with Jordanian, Egyptian FMs
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has held separate phone discussions with his counterparts in Jordan and Egypt to discuss latest regional developments.
Dubai population crosses 4.5 million by end of 2025
Dubai population reached 4.58 million by the end of 2025, marking a record 7.5 per cent growth.
10:00am - 11:00am
Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.
11:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
