Business Blog

Tasweek Real Estate Development and Marketing, an adviser and solutions provider serving the real estate markets, has announced that its Board of Directors has distributed 60% of its 2013 profits to shareholders as bonus shares.

Etihad Etisalat (Mobily) will pay a first-quarter cash dividend of SR1.25 per share, the telecom operator said in a statement.

Morten Lund, co-founder and investor in Skype, is on a fundraising mission for his new joint venture - CodersTrust - and is keen to move his base to Dubai from Denmark if it clicks.

Hotel guest arrivals from the GCC (Gulf Cooperation Council), with the exception of the UAE, rose 30% to reach 58,698 guests during the first quarter of 2014 compared to the same period last year, according to the Abu Dhabi Tourism and Culture Authority (TCA).

NEW YORK, May 1 (Reuters) - The Dow and S&P 500 edged lower on Thursday as investors paused ahead of Friday's jobs report, while gains in Internet shares helped lift the Nasdaq. The Dow Jones industrial average .DJI fell 21.97 points or 0.13...

The Dubai Financial Market index (DFM) closed up 0.38% at 5,078.37, The Abu Dhabi Securities Exchange index (ADI) closed up 0.27% at 5,058.44.