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-backed solar project boosts healthcare in India
More than 200,000 people in rural India have access to more reliable healthcare after the Zayed Sustainability Prize's Beyond2020 initiative completed six solar-powered health centres in the southern state of Karnataka.
UAE, Greece delegations call for keeping Strait of Hormuz open
The UAE and Greece have held a second round of political consultations in Athens, with renewed calls to keep the Strait of Hormuz open in accordance with international laws.
FTA refunds AED353.5 million to 4,000 UAE nationals building homes in 2026
Dubai's Federal Tax Authority (FTA) refunded AED353.5 million to approximately 4,000 United Arab Emirates nationals in the first half of 2026 for constructing new residences.
UAE expresses solidarity with India over flood victims
The UAE has expressed its solidarity with India over the victims of floods and landslides caused by heavy rainfall, which resulted in dozens of deaths and injuries, as well as significant damage.
UAE leaders congratulate new UK PM Andy Burnham
United Arab Emirates President His Highness Sheikh Mohamed bin Zayed Al Nahyan led the messages of congratulations and support for the United Kingdom's new Prime Minister Andy Burnham.
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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!
