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UAE says Qatari fighter jets 'intercept' two passenger planes

UAE says Qatari fighter jets 'intercept' two passenger planes

The United Arab Emirates accused rival Qatar of "intercepting" two Emirati passenger planes en route to Bahrain Monday in the latest incident between the Gulf rivals.

Qatar denied that the first plane had been intercepted, but there was no immediate denial from Doha for the second incident.

The UAE "General Civil Aviation Authority received a

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Drake unit in talks to win $272m contracts for Al Ain project

Drake unit in talks to win $272m contracts for Al Ain project

Drake & Scull International (DSI) has announced that one of its subsidiaries is negotiating AED1 billion ($272.3 million) worth of contracts in Al Ain.

Gulf Technical Construction Company (GTCC) is seeking deals on the Wahat Al Zaweya project in Al Ain, a residential project under construction in the emirate.

The MEP contractor said it has

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Ritz Carlton Riyadh to reopen after holding royals in purge

Ritz Carlton Riyadh to reopen after holding royals in purge

The Ritz-Carlton in Riyadh, a holding place of royals and ministers detained in a sweeping Saudi corruption probe, will re-open for business in February, a source at the hotel said Monday.

The source, who requested anonymity as he was not authorised to brief the press, said there were "preparations to open in February" but could not give further

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New UAE-based cryptocurrency exchange launched

New UAE-based cryptocurrency exchange launched

Dubai-based blockchain start-up ArabianChain has launched a new digit asset exchange designed to make it possible for investors to buy, sell, and trade various cryptocurrencies online.

The new platform, Palmex, enables users to deposit and trade coins including ArabianChain’s DubaiCoin, Bitcoin, Ethereum, Ripple and several others, with more e

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VAT launch seen boosting deals for Abu Dhabi property buyers

VAT launch seen boosting deals for Abu Dhabi property buyers

The introduction of VAT this month is expected to add further incentives to potential property buyers in Abu Dhabi in the form of more generous post-handover payment plans, according to a new report.

Consultants JLL said that this is because the VAT regulations on residential sales offers developers a zero-rate on all residential sales within

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Abatera Tours is an expert destination management company that covers all aspects of inbound tourism business including FIT Travel, Leisure groups and Meetings, Incentives, Conferences & Events (MICE)...

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