DUBAI / Emirates Business DAMAC Properties Dubai Co. PJSC (DFM: DAMAC), a leading developer of high-end property in the Middle East, on Monday announced the financial results for the nine months ending September 30. During the first nine months of 2016, DAMAC recorded revenues of AED 5.12 billion. Gross profit margin stood at 57%. Net profit for the reporting period …

  Dubai / Emirates Business Smart Dubai Office (SDO), the government entity officially in charge with facilitating Dubai’s smart transformation, has recognized the sponsors and government participants of its pavilion during the 36th GITEX Technology Week 2016. This year’s SDO-hosted 3,800-square-metre pavilion showcased innovative electronic and smart services being provided by 56 government and private entities, as well as other …

  Dubai / Emirates Business Vice President and Prime Minister of UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum launched an AED1.3 billion Comprehensive Development Plan for Hatta area in the emirate of Dubai on Monday. The plan aims to boost the area’s social and economic attractiveness as a world-class environmental tourist destination. It will cover …